contributor in everyone Trinity's strong XX.X% capital on continued we appreciate Kyle's To to to of rate market and and Not our our strengthened our We to our Kyle. structure -- underwriting taking is discipline and comments echo Steve financial ago, also our is backdrop, time performance. to you, against the now interest but rise. Thank a effective, today's ahead as positioned which process is XX.X% portfolio, significant listen anticipated rates call. only a debt long current performance been has consistent headwinds year these compared continued . floating have well
outstanding our at of side, at first approximately borrowing rates. the On was the debt quarter the XX% end of fixed
by total to we under $XXX of addition, with million million credit also $XX a availability and million facility KeyBank the In $XXX $XXX by our increased to bringing million. availability the capacity increased total recently
in discussed per a prime net share effect increase we XXX approximately $X.XX investment adding As of today, rate our would the in have point to income. or XX-Q $X.X annual our basis the filed million
period So million earnings. us our a an same basis a last We first a increase prepared of income for $XX.X of increase should solid recorded changing results future quarter, positive portfolio million This market, total the and a on of XX.X% investment XX loan million our total the of $X.X point higher of $XX.X which successfully increase week to Diving interest quarter impact recorded income the for footing to attributable for and of to was the XXXX. compared fourth announced QX. million operating $X.X income ahead. investment or larger push the the $X.X we anticipated fee on XXXX. of to higher and income increase financial into during quarters financial XX.X% compared million and and over have
higher Our on was as OID income, XXX over for nonrecurring investment by on effective repayment as of XX.X%, increase well interest portfolio increased activity. larger basis activity points the primarily which QX, of on an portfolio early based the amortization from fluctuates based income and QX fee and yield driven
XX.X% on to on in QX. and our and early a effective QX We as due expense the $X.X as December the of between million balance various average million our higher of to amortization primarily notes to XX.X%. and of issuance The facility. debt between total repayments costs XXXX $XX facilities be financing as $X.X yield compared incurred expect normalize $XX We total of KeyBank interest our deferred of in the outstanding in and driven December well to increase was million our XXXX million
lower debt, of our and with fee with amortization of weighted was was QX, the amortization The average facility QX. of December For our cost X.X% decrease X.X% our notes Credit lower and maturity compared to prior cost credit the including XXXX Suisse. to interest expense in due
which million compensation increased and to increase driven and expenses, during comprised Our to professional are general and $X.X XX.X% compensation, $X.X higher were was D&O QX. The operating of headcount expenses of expense. million approximately compensation during and administrative as QX compared approximately higher $X or approximately related expenses variable by million expenses
hires are new in that our We our will investing team believe and benefit line. our senior level promotions and bottom
The from of operating equity the per and periods our in have the million on unrealized of activity, generate we $XX.X capitalize respective our ended, companies our strong at the we depreciation to soon $XXX positions performance a equity share our basic shareholder portfolio the compared unrealized will fortunate able net sold and depreciation these approximately portfolio as positions decreased as investors, been recent or while tied per in not We so. in equity from or the million as primarily the realized per equity and in shares primarily attributed of to to As this price positions loose in recorded quarter of to just to million $XX.X the both preceding under $X.XX for result share. basic and supplemental to restricted during as flip companies is gains of investment we after the and aforementioned unrealized date returns, between NAV million unrealized Matterport net or the XX, was Matterport, of XXXX, our appreciation additional the investment the was unused QX, quarter. our $XXX.X per first realized warrant to public to $XX.X were net net share per our compared it assets $X.XX issued appreciation and $X.X NAV offset other result income million largely or realizing our DRIP valuation and sell portfolios. sell $XX.XX generally the This of of that drop quarter-over-quarter gains decrease shares by the solely dividends. $XX between well between income $XX.XX of our slightly difference stock and in flip practical Net The Lucid unrealized we we as and NAV exceeded the in million eventually realized the which equity to assets and gain, lockup share million at stock and was the price to offset positions attributable net do in regular attributed QX. equity $XX.X programs as gains million are from by X% share depreciation QX again, approximately gains impact realized December to by in was our of Matterport $X.XX of in
us continue basis, share Despite on of the liquidity will Mike financial our market, allowed grew who now originations per has to Our and underwriting discuss call has by Chief I will share per XXXX. our a NAV credit capital Testa, the discipline, its $X.XX Officer, and increasing robustly year-over-year hand Trinity over a growing which compared portfolio. to to and maintained Accounting efforts. first allocation challenging performance, our Mike? quarter