Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED SCHEDULE OF INVESTMENTS

v3.23.3
CONSOLIDATED SCHEDULE OF INVESTMENTS - USD ($)
$ in Thousands
Sep. 30, 2023
Mar. 31, 2023
Schedule of Investments [Line Items]    
Cost $ 834,798 $ 720,630 [1]
Fair Value $ 915,636 $ 753,543 [1]
Investment owned, percent of net assets 192.50% [2],[3],[4],[5] 171.40% [1],[6],[7],[8],[9]
Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Fair Value $ 332,982 $ 268,954
Home and Office Furnishings, Housewares, and Durable Consumer Products    
Schedule of Investments [Line Items]    
Fair Value 153,495 143,685
Hotels, Motels, Inns, and Gaming    
Schedule of Investments [Line Items]    
Fair Value 80,976 58,713
Oil and Gas    
Schedule of Investments [Line Items]    
Fair Value 45,983 0
Printing and Publishing    
Schedule of Investments [Line Items]    
Fair Value 15,275 0
Aerospace and Defense    
Schedule of Investments [Line Items]    
Fair Value 25,696 22,215
Machinery (Non-Agriculture, Non-Construction, and Non-Electronic)    
Schedule of Investments [Line Items]    
Fair Value 26,705 20,088
Telecommunications    
Schedule of Investments [Line Items]    
Fair Value 13,692 18,987
Secured First Lien Debt    
Schedule of Investments [Line Items]    
Cost 541,539 471,439
Fair Value 508,504 437,517
Secured Second Lien Debt    
Schedule of Investments [Line Items]    
Cost 109,158 84,158
Fair Value 102,747 75,734
Preferred Equity    
Schedule of Investments [Line Items]    
Cost 163,787 149,099
Fair Value 267,596 222,585
Common Equity/ Equivalents    
Schedule of Investments [Line Items]    
Cost 20,314 15,934
Fair Value 36,789 17,707
Non-Control/Non-Affiliate Investments    
Schedule of Investments [Line Items]    
Cost 511,593 [10] 429,305 [11]
Fair Value $ 628,958 [10] $ 496,875 [11]
Investment owned, percent of net assets 132.20% [2],[3],[4],[5],[10] 113.00% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured First Lien Debt    
Schedule of Investments [Line Items]    
Cost $ 349,231 [10] $ 281,631 [11]
Fair Value $ 351,984 [10] $ 279,748 [11]
Investment owned, percent of net assets 74.00% [2],[3],[4],[5],[10] 63.60% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured First Lien Debt | Diversified/Conglomerate Manufacturing    
Schedule of Investments [Line Items]    
Cost $ 5,950 [10] $ 5,750 [11]
Fair Value $ 5,950 [10] $ 5,391 [11]
Investment owned, percent of net assets 1.20% [2],[3],[4],[5],[10] 1.20% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured First Lien Debt | Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Cost $ 110,450 [10] $ 110,450 [11]
Fair Value $ 113,480 [10] $ 110,450 [11]
Investment owned, percent of net assets 23.90% [2],[3],[4],[5],[10] 25.10% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured First Lien Debt | Home and Office Furnishings, Housewares, and Durable Consumer Products    
Schedule of Investments [Line Items]    
Cost $ 36,750 [10] $ 36,750 [11]
Fair Value $ 36,473 [10] $ 35,226 [11]
Investment owned, percent of net assets 7.70% [2],[3],[4],[5],[10] 8.00% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured First Lien Debt | Hotels, Motels, Inns, and Gaming    
Schedule of Investments [Line Items]    
Cost $ 63,100 [10] $ 42,450 [11]
Fair Value $ 63,100 [10] $ 42,450 [11]
Investment owned, percent of net assets 13.30% [2],[3],[4],[5],[10] 9.70% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured First Lien Debt | Oil and Gas    
Schedule of Investments [Line Items]    
Cost [10] $ 34,750  
Fair Value [10] $ 34,750  
Investment owned, percent of net assets [2],[3],[4],[5],[10] 7.30%  
Non-Control/Non-Affiliate Investments | Secured First Lien Debt | Printing and Publishing    
Schedule of Investments [Line Items]    
Cost [10] $ 12,000  
Fair Value [10] $ 12,000  
Investment owned, percent of net assets [2],[3],[4],[5],[10] 2.50%  
Non-Control/Non-Affiliate Investments | Secured Second Lien Debt    
Schedule of Investments [Line Items]    
Cost $ 54,340 [10] $ 54,340 [11]
Fair Value $ 54,340 [10] $ 50,842 [11]
Investment owned, percent of net assets 11.40% [2],[3],[4],[5],[10] 11.60% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured Second Lien Debt | Aerospace and Defense    
Schedule of Investments [Line Items]    
Cost $ 25,696 [10] $ 25,696 [11]
Fair Value $ 25,696 [10] $ 22,215 [11]
Investment owned, percent of net assets 5.40% [2],[3],[4],[5],[10] 5.00% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Secured Second Lien Debt | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic)    
Schedule of Investments [Line Items]    
Cost $ 15,644 [10] $ 15,644 [11]
Fair Value $ 15,644 [10] $ 15,644 [11]
Investment owned, percent of net assets 3.30% [2],[3],[4],[5],[10] 3.60% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Preferred Equity    
Schedule of Investments [Line Items]    
Cost $ 93,928 [10] $ 79,240 [11]
Fair Value $ 219,015 [10] $ 164,534 [11]
Investment owned, percent of net assets 46.00% [2],[3],[4],[5],[10] 37.40% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Preferred Equity | Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Cost $ 18,201 [10] $ 18,201 [11]
Fair Value $ 76,748 [10] $ 51,170 [11]
Investment owned, percent of net assets 16.10% [2],[3],[4],[5],[10] 11.60% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Preferred Equity | Home and Office Furnishings, Housewares, and Durable Consumer Products    
Schedule of Investments [Line Items]    
Cost $ 16,236 [10] $ 16,236 [11]
Fair Value $ 42,280 [10] $ 33,969 [11]
Investment owned, percent of net assets 8.90% [2],[3],[4],[5],[10] 7.70% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Preferred Equity | Hotels, Motels, Inns, and Gaming    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 3.70% [2],[3],[4],[5],[10] 3.70% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Preferred Equity | Oil and Gas    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets [2],[3],[4],[5],[10] 2.40%  
Non-Control/Non-Affiliate Investments | Preferred Equity | Printing and Publishing    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets [2],[3],[4],[5],[10] 0.70%  
Non-Control/Non-Affiliate Investments | Preferred Equity | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic)    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 1.80% [2],[3],[4],[5],[10] 1.00% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Common Equity/ Equivalents    
Schedule of Investments [Line Items]    
Cost $ 14,094 [10] $ 14,094 [11]
Fair Value $ 3,619 [10] $ 1,751 [11]
Investment owned, percent of net assets 0.80% [2],[3],[4],[5],[10] 0.40% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Common Equity/ Equivalents | Diversified/Conglomerate Manufacturing    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets [6],[7],[8],[9],[11]   0.00%
Non-Control/Non-Affiliate Investments | Common Equity/ Equivalents | Home and Office Furnishings, Housewares, and Durable Consumer Products    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[10] 0.00% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Common Equity/ Equivalents | Aerospace and Defense    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[10] 0.00% [6],[7],[8],[9],[11]
Non-Control/Non-Affiliate Investments | Common Equity/ Equivalents | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic)    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.50% [2],[3],[4],[5],[10] 0.00% [6],[7],[8],[9],[11]
Affiliate Investments    
Schedule of Investments [Line Items]    
Cost $ 308,555 [12] $ 276,055 [13]
Fair Value $ 286,678 [12] $ 255,955 [13]
Investment owned, percent of net assets 60.30% [2],[3],[4],[5],[12] 58.20% [6],[7],[8],[9],[13]
Affiliate Investments | Secured First Lien Debt    
Schedule of Investments [Line Items]    
Cost $ 187,758 [12] $ 185,258 [13]
Fair Value $ 156,520 [12] $ 157,769 [13]
Investment owned, percent of net assets 32.90% [2],[3],[4],[5],[12] 35.80% [6],[7],[8],[9],[13]
Affiliate Investments | Secured First Lien Debt | Diversified/Conglomerate Manufacturing    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.90% [2],[3],[4],[5],[12] 1.00% [6],[7],[8],[9],[13]
Affiliate Investments | Secured First Lien Debt | Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Cost $ 100,498 [12] $ 100,498 [13]
Fair Value $ 77,235 [12] $ 77,964 [13]
Investment owned, percent of net assets 16.20% [2],[3],[4],[5],[12] 17.70% [6],[7],[8],[9],[13]
Affiliate Investments | Secured First Lien Debt | Home and Office Furnishings, Housewares, and Durable Consumer Products    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 9.00% [2],[3],[4],[5],[12] 9.20% [6],[7],[8],[9],[13]
Affiliate Investments | Secured First Lien Debt | Telecommunications    
Schedule of Investments [Line Items]    
Cost $ 16,800 [12] $ 16,800 [13]
Fair Value $ 13,692 [12] $ 16,800 [13]
Investment owned, percent of net assets 2.90% [2],[3],[4],[5],[12] 3.80% [6],[7],[8],[9],[13]
Affiliate Investments | Secured Second Lien Debt    
Schedule of Investments [Line Items]    
Cost $ 51,618 [12] $ 26,618 [13]
Fair Value $ 48,407 [12] $ 24,892 [13]
Investment owned, percent of net assets 10.20% [2],[3],[4],[5],[12] 5.70% [6],[7],[8],[9],[13]
Affiliate Investments | Secured Second Lien Debt | Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets [2],[3],[4],[5],[12] 5.20%  
Affiliate Investments | Preferred Equity    
Schedule of Investments [Line Items]    
Cost $ 62,960 [12] $ 62,960 [13]
Fair Value $ 48,581 [12] $ 58,051 [13]
Investment owned, percent of net assets 10.20% [2],[3],[4],[5],[12] 13.20% [6],[7],[8],[9],[13]
Affiliate Investments | Preferred Equity | Diversified/Conglomerate Manufacturing    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[12] 0.00% [6],[7],[8],[9],[13]
Affiliate Investments | Preferred Equity | Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Cost $ 24,309 [12] $ 24,309 [13]
Fair Value $ 7,599 [12] $ 14,126 [13]
Investment owned, percent of net assets 1.60% [2],[3],[4],[5],[12] 3.20% [6],[7],[8],[9],[13]
Affiliate Investments | Preferred Equity | Home and Office Furnishings, Housewares, and Durable Consumer Products    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 6.70% [2],[3],[4],[5],[12] 7.70% [6],[7],[8],[9],[13]
Affiliate Investments | Preferred Equity | Telecommunications    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[12] 0.50% [6],[7],[8],[9],[13]
Affiliate Investments | Common Equity/ Equivalents    
Schedule of Investments [Line Items]    
Cost $ 6,219 [12] $ 1,219 [13]
Fair Value $ 33,170 [12] $ 15,243 [13]
Investment owned, percent of net assets 7.00% [2],[3],[4],[5],[12] 3.50% [6],[7],[8],[9],[13]
Affiliate Investments | Common Equity/ Equivalents | Diversified/Conglomerate Services    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 7.00% [2],[3],[4],[5],[12] 3.50% [6],[7],[8],[9],[13]
Affiliate Investments | Common Equity/ Equivalents | Telecommunications    
Schedule of Investments [Line Items]    
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[12] 0.00% [6],[7],[8],[9],[13]
Control Investments    
Schedule of Investments [Line Items]    
Cost $ 14,650 [14] $ 15,270 [15]
Fair Value $ 0 [14] $ 713 [15]
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[14] 0.20% [6],[7],[8],[9],[15]
Control Investments | Secured First Lien Debt    
Schedule of Investments [Line Items]    
Cost $ 4,550 [14] $ 4,550 [15]
Fair Value $ 0 [14] $ 0 [15]
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[14] 0.00% [6],[7],[8],[9],[15]
Control Investments | Secured Second Lien Debt    
Schedule of Investments [Line Items]    
Cost $ 3,200 [14] $ 3,200 [15]
Fair Value $ 0 [14] $ 0 [15]
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[14] 0.00% [6],[7],[8],[9],[15]
Control Investments | Preferred Equity    
Schedule of Investments [Line Items]    
Cost $ 6,899 [14] $ 6,899 [15]
Fair Value $ 0 [14] $ 0 [15]
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[14] 0.00% [6],[7],[8],[9],[15]
Control Investments | Common Equity/ Equivalents    
Schedule of Investments [Line Items]    
Cost $ 1 [14] $ 621 [15]
Fair Value $ 0 [14] $ 713 [15]
Investment owned, percent of net assets 0.00% [2],[3],[4],[5],[14] 0.20% [6],[7],[8],[9],[15]
Investment, Identifier [Axis]: B+T Group Acquisition, Inc. – Common Stock Warrants    
Schedule of Investments [Line Items]    
Units 3.50% [16],[17],[18],[19],[20] 3.50% [21],[22],[23],[24],[25]
Cost $ 0 [16],[17],[19] $ 0 [21],[22],[24]
Fair Value 0 [16],[17],[19] 0 [21],[22],[24]
Investment, Identifier [Axis]: B+T Group Acquisition, Inc. – Line of Credit    
Schedule of Investments [Line Items]    
Principal amount 2,800 [16],[18],[20],[26] 2,800 [21],[22],[23],[25]
Cost 2,800 [16],[26] 2,800 [21],[22]
Fair Value 2,282 [16],[26] $ 2,800 [21],[22]
Investment, Identifier [Axis]: B+T Group Acquisition, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares [21],[22],[23],[24],[25]   14,304
Cost [21],[22],[24]   $ 4,722
Fair Value [21],[22],[24]   2,187
Investment, Identifier [Axis]: B+T Group Acquisition, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[22],[23],[25]   14,000
Cost [21],[22]   14,000
Fair Value [21],[22]   $ 14,000
Investment, Identifier [Axis]: B+T Group Acquisition, Inc. – Term Debt 1    
Schedule of Investments [Line Items]    
Principal amount [16],[18],[20],[26] 14,000  
Cost [16],[26] 14,000  
Fair Value [16],[26] $ 11,410  
Investment, Identifier [Axis]: B+T Group Acquisition, Inc.– Preferred Stock    
Schedule of Investments [Line Items]    
Shares [16],[17],[18],[19],[20] 14,304  
Cost [16],[17],[19] $ 4,722  
Fair Value [16],[17],[19] $ 0  
Investment, Identifier [Axis]: Brunswick Bowling Products, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,653 [17],[18],[19],[20] 6,653 [21],[23],[24],[25]
Cost $ 6,653 [17],[19] $ 6,653 [21],[24]
Fair Value 42,280 [17],[19] 33,969 [21],[24]
Investment, Identifier [Axis]: Brunswick Bowling Products, Inc. – Term Debt 1    
Schedule of Investments [Line Items]    
Principal amount 17,700 [17],[18],[20] 17,700 [21],[23],[25]
Cost 17,700 [17] 17,700 [21]
Fair Value 17,700 [17] 17,700 [21]
Investment, Identifier [Axis]: Brunswick Bowling Products, Inc. – Term Debt 2    
Schedule of Investments [Line Items]    
Principal amount 6,850 [17],[18],[20] 6,850 [21],[23],[25]
Cost 6,850 [17] 6,850 [21]
Fair Value $ 6,850 [17] $ 6,850 [21]
Investment, Identifier [Axis]: Counsel Press, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,995 [18],[19],[20],[27] 6,995 [21],[23],[24],[25]
Cost $ 6,995 [19],[27] $ 6,995 [21],[24]
Fair Value 49,223 [19],[27] 27,885 [21],[24]
Investment, Identifier [Axis]: Counsel Press, Inc. – Term Debt 1    
Schedule of Investments [Line Items]    
Principal amount 21,100 [18],[20],[27] 21,100 [21],[23],[25]
Cost 21,100 [27] 21,100 [21]
Fair Value 22,114 [27] 21,100 [21]
Investment, Identifier [Axis]: Counsel Press, Inc. – Term Debt 2    
Schedule of Investments [Line Items]    
Principal amount 6,400 [18],[20],[27] 6,400 [21],[23],[25]
Cost 6,400 [27] 6,400 [21]
Fair Value $ 6,724 [27] $ 6,400 [21]
Investment, Identifier [Axis]: Dema/Mai Holdings, Inc - Preferred Equity    
Schedule of Investments [Line Items]    
Shares [17],[18],[19],[20] 21,000  
Cost [17],[19] $ 21,000  
Fair Value [17],[19] 20,446  
Investment, Identifier [Axis]: Dema/Mai Holdings, Inc – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 38,250  
Cost [17] 38,250  
Fair Value [17] $ 38,250  
Investment, Identifier [Axis]: Dema/Mai Holdings, Inc. – Preferred Equity    
Schedule of Investments [Line Items]    
Shares [21],[23],[24],[25]   21,000
Cost [21],[24]   $ 21,000
Fair Value [21],[24]   22,321
Investment, Identifier [Axis]: Dema/Mai Holdings, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25]   38,250
Cost [21]   38,250
Fair Value [21]   $ 38,250
Investment, Identifier [Axis]: Diligent Delivery Systems – Common Stock Warrants    
Schedule of Investments [Line Items]    
Units 8.00% [18],[19],[20],[27] 8.00% [21],[23],[24],[25]
Cost $ 500 [19],[27] $ 500 [21],[24]
Fair Value 1,157 [19],[27] 1,724 [21],[24]
Investment, Identifier [Axis]: Diligent Delivery Systems – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 13,000 [18],[20],[27] 13,000 [23],[25],[28]
Cost 13,000 [27] 13,000 [28]
Fair Value $ 13,000 [27] $ 12,983 [28]
Investment, Identifier [Axis]: Edge Adhesives Holdings, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 8,199 [16],[17],[18],[19],[20] 8,199 [21],[22],[23],[24],[25]
Cost $ 8,199 [16],[17],[19] $ 8,199 [21],[22],[24]
Fair Value 0 [16],[17],[19] 0 [21],[22],[24]
Investment, Identifier [Axis]: Edge Adhesives Holdings, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[22],[23],[25],[29]   9,210
Cost [21],[22],[29]   9,210
Fair Value [21],[22],[29]   $ 4,255
Investment, Identifier [Axis]: Edge Adhesives Holdings, Inc.– Term Debt    
Schedule of Investments [Line Items]    
Principal amount [16],[17],[18],[20],[30] 9,210  
Cost [16],[17],[30] 9,210  
Fair Value [16],[17],[30] $ 4,343  
Investment, Identifier [Axis]: Educators Resource, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 8,560 [17],[18],[19],[20] 8,560 [21],[23],[24],[25]
Cost $ 8,560 [17],[19] $ 8,560 [21],[24]
Fair Value 28,008 [17],[19] 17,445 [21],[24]
Investment, Identifier [Axis]: Educators Resource, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 20,000 [17],[18],[20] 20,000 [21],[23],[25]
Cost 20,000 [17] 20,000 [21]
Fair Value $ 20,000 [17] $ 20,000 [21]
Investment, Identifier [Axis]: Funko Acquisition Holdings, LLC – Common Units    
Schedule of Investments [Line Items]    
Shares 4,239 [16],[18],[19],[20],[31] 4,239 [22],[23],[24],[25],[32]
Cost $ 21 [16],[19],[31] $ 21 [22],[24],[32]
Fair Value $ 22 [16],[19],[31] $ 27 [22],[24],[32]
Investment, Identifier [Axis]: Galaxy Technologies Holdings, Inc. – Common Stock    
Schedule of Investments [Line Items]    
Shares 16,957 [17],[18],[19],[20] 16,957 [21],[23],[24],[25]
Cost $ 11,513 [17],[19] $ 11,513 [21],[24]
Fair Value 0 [17],[19] 0 [21],[24]
Investment, Identifier [Axis]: Galaxy Technologies Holdings, Inc. – Term Debt 1    
Schedule of Investments [Line Items]    
Principal amount 6,900 [17],[18],[20] 6,900 [21],[23],[25]
Cost 6,900 [17] 6,900 [21]
Fair Value 6,900 [17] 5,965 [21]
Investment, Identifier [Axis]: Galaxy Technologies Holdings, Inc. – Term Debt 2    
Schedule of Investments [Line Items]    
Principal amount 18,796 [17],[18],[20] 18,796 [21],[23],[25]
Cost 18,796 [17] 18,796 [21]
Fair Value $ 18,796 [17] $ 16,250 [21]
Investment, Identifier [Axis]: Ginsey Home Solutions, Inc. – Common Stock    
Schedule of Investments [Line Items]    
Shares 63,747 [17],[18],[19],[20] 63,747 [21],[23],[24],[25]
Cost $ 8 [17],[19] $ 8 [21],[24]
Fair Value $ 0 [17],[19] $ 0 [21],[24]
Investment, Identifier [Axis]: Ginsey Home Solutions, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 19,280 [17],[18],[19],[20] 19,280 [21],[23],[24],[25]
Cost $ 9,583 [17],[19] $ 9,583 [21],[24]
Fair Value 0 [17],[19] 0 [21],[24]
Investment, Identifier [Axis]: Ginsey Home Solutions, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 12,200  
Cost [17] 12,200  
Fair Value [17] 11,923  
Investment, Identifier [Axis]: Ginsey Home Solutions, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25]   12,200
Cost [21]   12,200
Fair Value [21]   $ 10,676
Investment, Identifier [Axis]: Gladstone SOG Investments, Inc. - Common Stock    
Schedule of Investments [Line Items]    
Shares [21],[23],[24],[25]   100
Cost [21],[24]   $ 620
Fair Value [21],[24]   $ 713
Investment, Identifier [Axis]: Home Concepts Acquisition, Inc. - Line of Credit    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 0  
Cost [17] 0  
Fair Value [17] 0  
Investment, Identifier [Axis]: Home Concepts Acquisition, Inc. - Term Debt    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 12,000  
Cost [17] 12,000  
Fair Value [17] $ 12,000  
Investment, Identifier [Axis]: Home Concepts Acquisition, Inc.- Preferred Stock    
Schedule of Investments [Line Items]    
Shares [17],[18],[19],[20] 3,275,000  
Cost [17],[19] $ 3,275  
Fair Value [17],[19] $ 3,275  
Investment, Identifier [Axis]: Horizon Facilities Services, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 10,080 [17],[18],[19],[20] 10,080 [21],[23],[24],[25]
Cost $ 0 [17],[19] $ 0 [21],[24]
Fair Value 6,586 [17],[19] 12,345 [21],[24]
Investment, Identifier [Axis]: Horizon Facilities Services, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 57,700 [17],[18],[20] 57,700 [21],[23],[25]
Cost 57,700 [17] 57,700 [21]
Fair Value $ 57,700 [17] $ 57,700 [21]
Investment, Identifier [Axis]: ImageWorks Display and Marketing Group, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 67,490 [17],[18],[19],[20] 67,490 [21],[23],[24],[25]
Cost $ 6,749 [17],[19] $ 6,749 [21],[24]
Fair Value 651 [17],[19] 10,926 [21],[24]
Investment, Identifier [Axis]: ImageWorks Display and Marketing Group, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 22,000 [17],[18],[20] 22,000 [21],[23],[25]
Cost 22,000 [17] 22,000 [21]
Fair Value 22,000 [17] 22,000 [21]
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC - Line of Credit    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25],[29]   5,000
Cost [21],[29]   5,000
Fair Value [21],[29]   2,744
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC - Term Debt 1    
Schedule of Investments [Line Items]    
Principal amount 16,500 [17],[18],[20],[30] 16,500 [21],[23],[25],[29]
Cost 16,500 [17],[30] 16,500 [21],[29]
Fair Value 8,814 [17],[30] 9,054 [21],[29]
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC - Term Debt 2    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25],[29]   26,000
Cost [21],[29]   26,000
Fair Value [21],[29]   14,268
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC - Term Debt 3    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25],[29]   2,438
Cost [21],[29]   2,438
Fair Value [21],[29]   $ 1,338
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC – Line of Credit    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20],[30] 5,000  
Cost [17],[30] 5,000  
Fair Value [17],[30] 2,671  
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC – Term Debt 2    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20],[30] 26,000  
Cost [17],[30] 26,000  
Fair Value [17],[30] 13,888  
Investment, Identifier [Axis]: J.R. Hobbs Co. - Atlanta, LLC – Term Debt 3    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20],[30] 2,438  
Cost [17],[30] 2,438  
Fair Value [17],[30] $ 1,302  
Investment, Identifier [Axis]: J.R. Hobbs Co. – Atlanta, LLC – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 10,920 [17],[18],[19],[20] 10,920 [21],[23],[24],[25]
Cost $ 10,920 [17],[19] $ 10,920 [21],[24]
Fair Value $ 0 [17],[19] $ 0 [21],[24]
Investment, Identifier [Axis]: Mason West, LLC – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 11,206 [18],[19],[20],[27] 11,206 [21],[23],[24],[25]
Cost $ 11,206 [19],[27] $ 11,206 [21],[24]
Fair Value 20,939 [19],[27] 10,940 [21],[24]
Investment, Identifier [Axis]: Mason West, LLC – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 25,250 [18],[20],[27] 25,250 [21],[23],[25]
Cost 25,250 [27] 25,250 [21]
Fair Value 26,942 [27] 25,250 [21]
Investment, Identifier [Axis]: Nocturne Luxury Villas, Inc. – Line of Credit    
Schedule of Investments [Line Items]    
Principal amount 2,000 [17],[18],[20] 0 [21],[23],[25]
Cost 2,000 [17] 0 [21]
Fair Value $ 2,000 [17] $ 0 [21]
Investment, Identifier [Axis]: Nocturne Luxury Villas, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,600 [17],[18],[19],[20] 6,600 [21],[23],[24],[25]
Cost $ 6,600 [17],[19] $ 6,600 [21],[24]
Fair Value 17,876 [17],[19] 16,263 [21],[24]
Investment, Identifier [Axis]: Nocturne Luxury Villas, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 61,100 [17],[18],[20],[33] 42,450 [21],[23],[25]
Cost 61,100 [17],[33] 42,450 [21]
Fair Value $ 61,100 [17],[33] $ 42,450 [21]
Investment, Identifier [Axis]: Nth Degree Investment Group, LLC – Common Stock    
Schedule of Investments [Line Items]    
Shares 17,216,976 [17],[18],[19],[20] 14,360,000 [21],[23],[24],[25]
Cost $ 6,219 [17],[19] $ 1,219 [21],[24]
Fair Value 33,170 [17],[19] $ 15,243 [21],[24]
Investment, Identifier [Axis]: Nth Degree, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [18],[20],[26] 25,000  
Cost [26] 25,000  
Fair Value [26] $ 24,750  
Investment, Identifier [Axis]: Old World Christmas, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,180 [17],[18],[19],[20] 6,180 [21],[23],[24],[25]
Cost $ 0 [17],[19] $ 0 [21],[24]
Fair Value 31,742 [17],[19] 33,990 [21],[24]
Investment, Identifier [Axis]: Old World Christmas, Inc. – Secured First Lien Term Loan    
Schedule of Investments [Line Items]    
Principal amount 43,000 [17],[18],[20] 40,500 [21],[23],[25]
Cost 43,000 [17] 40,500 [21]
Fair Value $ 43,000 [17] $ 40,500 [21]
Investment, Identifier [Axis]: PSI Molded Plastics, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 158,598 [17],[18],[19],[20] 158,598 [21],[23],[24],[25]
Cost $ 19,730 [17],[19] $ 19,730 [21],[24]
Fair Value 0 [17],[19] 0 [21],[24]
Investment, Identifier [Axis]: PSI Molded Plastics, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 26,618 [17],[18],[20] 26,618 [21],[23],[25]
Cost 26,618 [17] 26,618 [21]
Fair Value 23,657 [17] 24,892 [21]
Investment, Identifier [Axis]: Phoenix Door Systems, Inc – Line of Credit    
Schedule of Investments [Line Items]    
Principal amount 2,750 [17],[18],[20] 2,550 [23],[25],[28]
Cost 2,750 [17] 2,550 [28]
Fair Value $ 2,750 [17] $ 2,391 [28]
Investment, Identifier [Axis]: Phoenix Door Systems, Inc. – Common Stock    
Schedule of Investments [Line Items]    
Shares 4,221 [17],[18],[19],[20] 4,221 [21],[23],[24],[25]
Cost $ 1,830 [17],[19] $ 1,830 [21],[24]
Fair Value 0 [17],[19] 0 [21],[24]
Investment, Identifier [Axis]: Phoenix Door Systems, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 3,200 [17],[18],[20] 3,200 [23],[25],[28]
Cost 3,200 [17] 3,200 [28]
Fair Value $ 3,200 [17] $ 3,000 [28]
Investment, Identifier [Axis]: SFEG Holdings, Inc. – Common Stock    
Schedule of Investments [Line Items]    
Shares 221,500 [17],[18],[19],[20] 221,500 [21],[23],[24],[25]
Cost $ 222 [17],[19] $ 222 [21],[24]
Fair Value $ 2,440 [17],[19] $ 0 [21],[24]
Investment, Identifier [Axis]: SFEG Holdings, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 29,757 [17],[18],[19],[20] 29,577 [21],[23],[24],[25]
Cost $ 4,823 [17],[19] $ 4,643 [21],[24]
Fair Value 8,621 [17],[19] 4,444 [21],[24]
Investment, Identifier [Axis]: SFEG Holdings, Inc. – Term Debt 1    
Schedule of Investments [Line Items]    
Principal amount 3,128 [17],[18],[20] 3,128 [21],[23],[25]
Cost 3,128 [17] 3,128 [21]
Fair Value 3,128 [17] 3,128 [21]
Investment, Identifier [Axis]: SFEG Holdings, Inc. – Term Debt 2    
Schedule of Investments [Line Items]    
Principal amount 12,516 [17],[18],[20] 12,516 [21],[23],[25]
Cost 12,516 [17] 12,516 [21]
Fair Value $ 12,516 [17] $ 12,516 [21]
Investment, Identifier [Axis]: Schylling, Inc. – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 4,000 [17],[18],[19],[20] 4,000 [21],[23],[24],[25]
Cost $ 4,000 [17],[19] $ 4,000 [21],[24]
Fair Value 10,528 [17],[19] 18,922 [21],[24]
Investment, Identifier [Axis]: Schylling, Inc. – Term Debt    
Schedule of Investments [Line Items]    
Principal amount 27,981 [17],[18],[20] 27,981 [21],[23],[25]
Cost 27,981 [17] 27,981 [21]
Fair Value 27,981 [17] $ 27,981 [21]
Investment, Identifier [Axis]: The E3 Company, LLC – Line of Credit    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 1,000  
Cost [17] 1,000  
Fair Value [17] $ 1,000  
Investment, Identifier [Axis]: The E3 Company, LLC – Preferred Stock    
Schedule of Investments [Line Items]    
Shares [17],[18],[19],[20] 11,233  
Cost [17],[19] $ 11,233  
Fair Value [17],[19] 11,233  
Investment, Identifier [Axis]: The E3 Company, LLC – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 33,750  
Cost [17] 33,750  
Fair Value [17] $ 33,750  
Investment, Identifier [Axis]: The Maids International, LLC – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,640 [17],[18],[19],[20] 6,640 [21],[23],[24],[25]
Cost $ 6,640 [17],[19] $ 6,640 [21],[24]
Fair Value 6,948 [17],[19] 3,200 [21],[24]
Investment, Identifier [Axis]: The Maids International, LLC – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25]   28,560
Cost [21]   28,560
Fair Value [21]   $ 28,560
Investment, Identifier [Axis]: The Maids International, LLC – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 28,560  
Cost [17] 28,560  
Fair Value [17] $ 28,560  
Investment, Identifier [Axis]: The Mountain Corporation – Common Stock    
Schedule of Investments [Line Items]    
Shares 751 [17],[18],[19],[20] 751 [21],[23],[24],[25]
Cost $ 1 [17],[19] $ 1 [21],[24]
Fair Value 0 [17],[19] 0 [21],[24]
Investment, Identifier [Axis]: The Mountain Corporation – Line of Credit    
Schedule of Investments [Line Items]    
Principal amount 4,550 [17],[18],[20],[30] 4,550 [21],[23],[25],[29]
Cost 4,550 [17],[30] 4,550 [21],[29]
Fair Value $ 0 [17],[30] $ 0 [21],[29]
Investment, Identifier [Axis]: The Mountain Corporation – Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,899 [17],[18],[19],[20] 6,899 [21],[23],[24],[25]
Cost $ 6,899 [17],[19] $ 6,899 [21],[24]
Fair Value 0 [17],[19] 0 [21],[24]
Investment, Identifier [Axis]: The Mountain Corporation – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20],[30] 3,200  
Cost [17],[30] 3,200  
Fair Value [17],[30] $ 0  
Investment, Identifier [Axis]: The Mountain Corporation – Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25],[29]   3,200
Cost [21],[29]   3,200
Fair Value [21],[29]   $ 0
Investment, Identifier [Axis]: Utah Pacific Bridge & Steel, Ltd. - Preferred Stock    
Schedule of Investments [Line Items]    
Shares 6,000 [17],[18],[19],[20] 6,000 [21],[23],[24],[25]
Cost $ 6,000 [17],[19] $ 6,000 [21],[24]
Fair Value 9,240 [17],[19] 7,748 [21],[24]
Investment, Identifier [Axis]: Utah Pacific Bridge & Steel, Ltd. - Term Debt    
Schedule of Investments [Line Items]    
Principal amount [21],[23],[25]   18,250
Cost [21]   18,250
Fair Value [21]   $ 18,250
Investment, Identifier [Axis]: Utah Pacific Bridge & Steel, Ltd., 2    
Schedule of Investments [Line Items]    
Principal amount [17],[18],[20] 18,250  
Cost [17] 18,250  
Fair Value [17] $ 18,250  
[1] Cumulative gross unrealized appreciation for federal income tax purposes is $150.4 million; cumulative gross unrealized depreciation for federal income tax purposes is $119.3 million. Cumulative net unrealized appreciation is $31.1 million, based on a tax cost of $722.4 million.
[2] Certain of the securities listed are issued by affiliate(s) of the indicated portfolio company. The majority of the securities listed, totaling $774.9 million at fair value, are pledged as collateral to our revolving line of credit, as described further in Note 5—Borrowings in the accompanying Notes to Consolidated Financial Statements. Additionally, under Section 55 of the Investment Company Act of 1940, as amended (the "1940 Act"), we may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. As of September 30, 2023, our investment in Funko Acquisition Holdings, LLC ("Funko") was considered a non-qualifying asset under Section 55 of the 1940 Act and represented less than 0.1% of total investments, at fair value.
[3] Unless indicated otherwise, all cash interest rates are indexed to 30 day Secured Overnight Financing Rate ("SOFR"), which was 5.3% as of September 30, 2023. If applicable, paid-in-kind interest rates are noted separately from the cash interest rate. Certain securities are subject to an interest rate floor. The cash interest rate is the greater of the floor or the reference rate plus a spread. Due dates represent the contractual maturity date.
[4] Unless indicated otherwise, all of our investments are valued using Level 3 inputs within the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 820, "Fair Value Measurements and Disclosures" ("ASC 820") fair value hierarchy. Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[5] Category percentages represent the fair value of each category and subcategory as a percentage of net assets as of September 30, 2023.
[6] Certain of the securities listed are issued by affiliate(s) of the indicated portfolio company. The majority of the securities listed, totaling $639.5 million at fair value, are pledged as collateral to our revolving line of credit, as described further in Note 5—Borrowings in the accompanying Notes to Consolidated Financial Statements. Additionally, under Section 55 of the 1940 Act, we may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. As of March 31, 2023, our investment in Funko was considered a non-qualifying asset under Section 55 of the 1940 Act and represented less than 0.1% of total investments, at fair value.
[7] Unless indicated otherwise, all cash interest rates are indexed to 30-day London Interbank Offered Rate ("LIBOR" or "L"), which was 4.9% as of March 31, 2023. If applicable, paid-in-kind interest rates are noted separately from the cash interest rate. Certain securities are subject to an interest rate floor. The cash interest rate is the greater of the floor or 30-day LIBOR plus a spread. Due dates represent the contractual maturity date.
[8] Unless indicated otherwise, all of our investments are valued using Level 3 inputs within the ASC 820 fair value hierarchy. Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[9] Category percentages represent the fair value of each category and subcategory as a percentage of net assets as of March 31, 2023.
[10] Non-Control/Non-Affiliate investments, as defined by the 1940 Act, are those that are neither Control nor Affiliate investments and in which we own less than 5.0% of the issued and outstanding voting securities.
[11] Non-Control/Non-Affiliate investments, as defined by the 1940 Act, are those that are neither Control nor Affiliate investments and in which we own less than 5.0% of the issued and outstanding voting securities.
[12] Affiliate investments, as defined by the 1940 Act, are those that are not Control investments and in which we own, with the power to vote, between and inclusive of 5.0% and 25.0% of the issued and outstanding voting securities.
[13] Affiliate investments, as defined by the 1940 Act, are those that are not Control investments and in which we own, with the power to vote, between and inclusive of 5.0% and 25.0% of the issued and outstanding voting securities.
[14] Control investments, as defined by the 1940 Act, are those where we have the power to exercise a controlling influence over the management or policies of the portfolio company, which may include owning, with the power to vote, more than 25.0% of the issued and outstanding voting securities.
[15] Control investments, as defined by the 1940 Act, are those where we have the power to exercise a controlling influence over the management or policies of the portfolio company, which may include owning, with the power to vote, more than 25.0% of the issued and outstanding voting securities.
[16] (K)One of our affiliated funds, Gladstone Capital Corporation, co-invested with us in this portfolio company pursuant to an exemptive order granted by the U.S. Securities and Exchange Commission.
[17] Fair value was based on the total enterprise value of the portfolio company, which is generally allocated to the portfolio company’s securities in order of their relative priority in the capital structure. Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[18] Represents the principal balance, presented in thousands, for debt investments and the number of shares/units held for equity investments. Warrants are represented as a percentage of ownership, as applicable.
[19] Security is non-income producing
[20] Where applicable, aggregates all shares of a class of stock owned without regard to specific series owned within such class (some series of which may or may not be voting shares) or aggregates all warrants to purchase shares of a class of stock owned without regard to specific series of such class of stock such warrants allow us to purchase.
[21] Fair value was based on the total enterprise value of the portfolio company, which is generally allocated to the portfolio company’s securities in order of their relative priority in the capital structure. Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[22] One of our affiliated funds, Gladstone Capital Corporation, co-invested with us in this portfolio company pursuant to an exemptive order granted by the U.S. Securities and Exchange Commission.
[23] Represents the principal balance, presented in thousands, for debt investments and the number of shares/units held for equity investments. Warrants are represented as a percentage of ownership, as applicable.
[24] Security is non-income producing.
[25] Where applicable, aggregates all shares of a class of stock owned without regard to specific series owned within such class (some series of which may or may not be voting shares) or aggregates all warrants to purchase shares of a class of stock owned without regard to specific series of such class of stock such warrants allow us to purchase.
[26] Fair value was based on an internal yield analysis or on estimates of value submitted by a third-party valuation firm. Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[27] Fair value was based on the expected exit or payoff amount, where such event has occurred or is expected to occur imminently.
[28] Fair value was based on an internal yield analysis or on estimates of value submitted by a third-party valuation firm. Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[29] Debt security is on non-accrual status.
[30] Debt security is on non-accrual status.
[31] Our investment in Funko was valued using Level 2 inputs within the ASC 820 fair value hierarchy. Our common units in Funko are convertible into class A common stock in Funko, Inc. upon meeting certain requirements. Fair value was based on the closing market price of shares of Funko, Inc. as of the reporting date, less a discount for lack of marketability. Funko, Inc. is traded on the Nasdaq Global Select Market under the trading symbol “FNKO.” Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[32] Our investment in Funko was valued using Level 2 inputs within the ASC 820 fair value hierarchy. Our common units in Funko are convertible into class A common stock in Funko, Inc. upon meeting certain requirements. Fair value was based on the closing market price of shares of Funko, Inc. as of the reporting date, less a discount for lack of marketability. Funko, Inc. is traded on the Nasdaq Global Select Market under the trading symbol “FNKO.” Refer to Note 3—Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[33] Debt security is subject to an interest rate ceiling.