RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Related Party Transactions [Abstract] | ||||||
Average total assets subject to base management fee | $ 974,400 | $ 920,400 | $ 929,133 | $ 858,267 | ||
Multiplied by prorated annual base management fee of 2.0% | 0.50% | 0.50% | 1.50% | 1.50% | ||
Base management fee | [1] | $ 4,872 | $ 4,602 | $ 13,937 | $ 12,874 | |
Credits to fees from adviser - other | (2,851) | (1,793) | (4,147) | (5,117) | ||
Net base management fee | 2,021 | 2,809 | 9,790 | 7,757 | ||
Loan servicing fee | [1] | 2,405 | 2,332 | 6,821 | 6,829 | |
Credits to base management fee – loan servicing fee | (2,405) | (2,332) | (6,821) | (6,829) | ||
Net loan servicing fee | 0 | 0 | 0 | 0 | ||
Incentive fee – income-based | 1,887 | 2,282 | 2,481 | 6,142 | ||
Incentive fee – capital gains-based | 7,466 | (615) | 5,316 | 9,259 | ||
Total incentive fee | 9,353 | 1,667 | 7,797 | 15,401 | ||
Credits to fees from adviser - other | 0 | 0 | 0 | 0 | ||
Net total incentive fee | [1] | $ 9,353 | $ 1,667 | $ 7,797 | $ 15,401 | |
Base management fee (as a percent) | 2.00% | 2.00% | 2.00% | 2.00% | ||
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- Definition Incentive Fee No definition available.
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- Definition Incentive Fee, Capital Gains-Based No definition available.
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- Definition Incentive Fee, Income-Based No definition available.
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- Definition Investment Company, Credits To Base Management Fee, Loan Servicing Fee No definition available.
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- Definition Investment Company, Credits To Fees From Adviser, Other No definition available.
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- Definition Investment Company, Credits To Incentive Fees From Adviser, Other No definition available.
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- Definition Net Base Management Fee No definition available.
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- Definition Net Loan Servicing Fee No definition available.
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- Definition Net Total Incentive Fee No definition available.
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- Definition The average carrying amount of assets managed during the period by the investment advisor on behalf of investors. No definition available.
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- Definition Expenses paid for obtaining loans which includes expenses such as application and origination fees. No definition available.
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- Definition Base rate for management and service fees under arrangement to manage operations, including, but not limited to, investment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Rate for management and service fees under arrangement to manage operations, including, but not limited to, investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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