Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details)

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RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Related Party Transactions [Abstract]        
Average total assets subject to base management fee $ 920,400 $ 757,800 $ 858,267 $ 731,000
Multiplied by prorated annual base management fee of 2.0% 0.50% 0.50% 1.50% 1.50%
Base management fee [1] $ 4,602 $ 3,789 $ 12,874 $ 10,965
Credits to fees from Adviser - other (1,793) (756) (5,117) (3,131)
Net base management fee 2,809 3,033 7,757 7,834
Loan servicing fee [1] 2,332 2,080 6,829 5,754
Credits to base management fee – loan servicing fee (2,332) (2,080) (6,829) (5,754)
Net loan servicing fee 0 0 0 0
Incentive fee – income-based 2,282 2,503 6,142 7,016
Incentive fee – capital gains-based (615) 1,442 9,259 706
Total incentive fee [1] 1,667 3,945 15,401 7,722
Credits to fees from Adviser - other 0 0 0 0
Net total incentive fee $ 1,667 $ 3,945 $ 15,401 $ 7,722
Base management fee 2.00% 2.00% 2.00% 2.00%
[1] Refer to Note 4 — Related Party Transactions in the accompanying Notes to Consolidated Financial Statements for additional information.