Quarterly report pursuant to Section 13 or 15(d)

FINANCIAL HIGHLIGHTS (Details)

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FINANCIAL HIGHLIGHTS (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Sep. 30, 2023
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Mar. 31, 2024
Investment Company, Financial Highlights [Roll Forward]              
Net asset value at beginning of period (in USD per share) $ 13.01 $ 13.43 $ 12.99 $ 13.09 $ 13.43 $ 13.09  
Income from investment operations              
Net investment income (in USD per share) 0.20   (0.05)   0.54 0.20  
Net realized gain (in USD per share) 1.15   0.01   1.15 0.04  
Net unrealized (depreciation)/appreciation (in USD per share) (0.93)   1.44   (1.45) 1.43  
Total income from investment operations (in USD per share) 0.42   1.40   0.24 1.67  
Effect of equity capital activity              
Cash distributions to common stockholders from net investment income (in USD per share) (0.24) [1] (0.24) [1] (0.20) [1] (0.21) [1] (0.48) (0.41)  
Cash distributions to common stockholders from net realized gains (in USD per share) (0.70) [1] (0.00) [1] (0.16) [1] (0.15) [1] (0.70) (0.31)  
Total from equity capital activity (in USD per share) (0.94)   (0.36)   (1.18) (0.72)  
Other, net (in USD per share) 0   0   0 (0.01)  
Net asset value at end of period (in USD per share) 12.49 13.01 14.03 12.99 12.49 14.03  
Per common share market value at beginning of period (in USD per share) 13.98 14.23 13.04 13.25 14.23 13.25  
Per common share market value at end of period (in USD per share) $ 14.45 $ 13.98 $ 12.74 $ 13.04 $ 14.45 $ 12.74  
Total investment return 5.17%   0.42%   5.10% 1.54%  
Common stock outstanding at end of period (in shares) 36,688,667   33,895,675   36,688,667 33,895,675 36,688,667
Statement of Assets and Liabilities Data:              
Net assets at end of period $ 458,375   $ 475,666   $ 458,375 $ 475,666 $ 492,711
Average net assets 471,134   452,907   479,416 445,936  
Senior Securities Data:              
Total borrowings, at cost $ 346,138   $ 416,538   $ 346,138 $ 416,538  
Ratios/Supplemental Data:              
Ratio of net expenses to average net assets – annualized 12.97%   19.44%   10.45% 15.19%  
Ratio of net investment income to average net assets – annualized 6.19%   (1.53%)   8.22% 3.01%  
Ratio of expenses to average net assets - annualized 15.40%   23.30%   12.83% 18.70%  
Ratio of net investment income (loss) to average net assets – annualized 3.76%   (5.39%)   5.84% (0.50%)  
[1] Refer to Note 8 — Distributions to Common Stockholders in the accompanying Notes to Consolidated Financial Statements for additional information.