10-Q Filing

RAND CAPITAL CORP CIK: 81955 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-038330`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rand-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 118 Cash Flow Statement 57

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Investment at Cost	`InvestmentOwnedAtCost`	$55.72M	USD	Point-in-time
Investment at Cost	`InvestmentOwnedAtCost`	$60.97M	USD	Point-in-time
Common shares, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total Investments at Fair Value	`InvestmentOwnedAtFairValue`	$61.50M	USD	Point-in-time
Common shares, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total Investments at Fair Value	`InvestmentOwnedAtFairValue`	$66.79M	USD	Point-in-time
Cash	`Cash`	$1.37M	USD	Point-in-time
Cash	`Cash`	$8.36M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$208.34K	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	2.65M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$199.59K	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	2.65M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	2.58M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	2.58M	shares	Point-in-time
Prepaid income taxes	`PrepaidIncomeTaxes`	$76.40K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$174.83K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	67,895.00	shares	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$28.16K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	67,895.00	shares	Point-in-time
Net assets (per share)	`NetAssetValuePerShare`	$23.54	USD	Point-in-time
Net assets (per share)	`NetAssetValuePerShare`	$23.79	USD	Point-in-time
Other assets	`OtherAssets`	$532.28K	USD	Point-in-time
Other assets	`OtherAssets`	$295.04K	USD	Point-in-time
Net assets (per share)	`NetAssetValuePerShare`	$22.36	USD	Point-in-time
Net assets (per share)	`NetAssetValuePerShare`	$22.34	USD	Point-in-time
Total assets	`Assets`	$63.48M	USD	Point-in-time
Total assets	`Assets`	$76.05M	USD	Point-in-time
Due to investment adviser	`DueToInvestmentAdviser`	$562.22K	USD	Point-in-time
Due to investment adviser	`DueToInvestmentAdviser`	$255.87K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$79.98K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$66.68K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$253.87K	USD	Point-in-time
Line of credit (see Note 6)	`LineOfCredit`	$2.55M	USD	Point-in-time
Line of credit (see Note 6)	`LineOfCredit`	$10.65M	USD	Point-in-time
Capital gains incentive fees	`CapitalGainsIncentiveFees`	$2.17M	USD	Point-in-time
Capital gains incentive fees	`CapitalGainsIncentiveFees`	$2.95M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$464.09K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$413.97K	USD	Point-in-time
Total liabilities	`Liabilities`	$5.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$14.65M	USD	Point-in-time
Commitments and contingencies (See Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.10 par; shares authorized 100,000,000; shares issued: 2,648,916; shares outstanding: 2,581,021 at 6/30/23 and 12/31/22	`CommonStockValue`	$264.89K	USD	Point-in-time
Common stock, $0.10 par; shares authorized 100,000,000; shares issued: 2,648,916; shares outstanding: 2,581,021 at 6/30/23 and 12/31/22	`CommonStockValue`	$264.89K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$51.46M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$51.46M	USD	Point-in-time
Treasury stock, at cost: 67,895 shares at 6/30/23 and 12/31/22	`TreasuryStockValue`	$1.57M	USD	Point-in-time
Treasury stock, at cost: 67,895 shares at 6/30/23 and 12/31/22	`TreasuryStockValue`	$1.57M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$11.24M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$7.56M	USD	Point-in-time
Total stockholders' equity (net assets) (per share - 3/31/23: $23.79; 12/31/22: $22.36)	`StockholdersEquity`	$57.66M	USD	Point-in-time
Total stockholders' equity (net assets) (per share - 3/31/23: $23.79; 12/31/22: $22.36)	`StockholdersEquity`	$57.72M	USD	Point-in-time
Total stockholders' equity (net assets) (per share - 3/31/23: $23.79; 12/31/22: $22.36)	`StockholdersEquity`	$60.75M	USD	Point-in-time
Total stockholders' equity (net assets) (per share - 3/31/23: $23.79; 12/31/22: $22.36)	`StockholdersEquity`	$59.38M	USD	Point-in-time
Total stockholders' equity (net assets) (per share - 3/31/23: $23.79; 12/31/22: $22.36)	`StockholdersEquity`	$59.95M	USD	Point-in-time
Total stockholders' equity (net assets) (per share - 3/31/23: $23.79; 12/31/22: $22.36)	`StockholdersEquity`	$61.40M	USD	Point-in-time
Total liabilities and stockholders' equity (net assets)	`LiabilitiesAndStockholdersEquity`	$63.48M	USD	Point-in-time
Total liabilities and stockholders' equity (net assets)	`LiabilitiesAndStockholdersEquity`	$76.05M	USD	Point-in-time

Income Statement 118 line items

Line Item	Tag	Value	Unit	Period
Total interest from portfolio companies	`InterestFromPortfolioCompanies`	$1.00M	USD	1 Quarter
Total interest from portfolio companies	`InterestFromPortfolioCompanies`	$1.92M	USD	2 Qtrs
Total interest from portfolio companies	`InterestFromPortfolioCompanies`	$1.47M	USD	1 Quarter
Total interest from portfolio companies	`InterestFromPortfolioCompanies`	$2.77M	USD	2 Qtrs
Total interest from other investments	`InvestmentIncomeInterest`	$104.00	USD	1 Quarter
Total interest from other investments	`InvestmentIncomeInterest`	$1.00	USD	1 Quarter
Total interest from other investments	`InvestmentIncomeInterest`	$236.00	USD	2 Qtrs
Total interest from other investments	`InvestmentIncomeInterest`	$1.00	USD	2 Qtrs
Total dividend and other investment income	`DividendAndOtherInvestmentIncome`	$192.60K	USD	1 Quarter
Total dividend and other investment income	`DividendAndOtherInvestmentIncome`	$489.51K	USD	2 Qtrs
Total dividend and other investment income	`DividendAndOtherInvestmentIncome`	$667.34K	USD	2 Qtrs
Total dividend and other investment income	`DividendAndOtherInvestmentIncome`	$316.52K	USD	1 Quarter
Total fee income	`FeeIncome`	$149.19K	USD	1 Quarter
Total fee income	`FeeIncome`	$71.45K	USD	2 Qtrs
Total fee income	`FeeIncome`	$31.83K	USD	1 Quarter
Total fee income	`FeeIncome`	$228.91K	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$1.82M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$1.35M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$2.48M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$3.67M	USD	2 Qtrs
Base management fee (see Note 8)	`ManagementFeeExpense`	$230.77K	USD	1 Quarter
Base management fee (see Note 8)	`ManagementFeeExpense`	$255.87K	USD	1 Quarter
Base management fee (see Note 8)	`ManagementFeeExpense`	$501.26K	USD	2 Qtrs
Base management fee (see Note 8)	`ManagementFeeExpense`	$471.04K	USD	2 Qtrs
Capital gains incentive fees (see Note 8)	`CapitalGainsIncentiveFee`	$-663.00K	USD	1 Quarter
Capital gains incentive fees (see Note 8)	`CapitalGainsIncentiveFee`	$-902.76K	USD	2 Qtrs
Capital gains incentive fees (see Note 8)	`CapitalGainsIncentiveFee`	$491.00K	USD	1 Quarter
Capital gains incentive fees (see Note 8)	`CapitalGainsIncentiveFee`	$782.00K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$258.91K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$417.31K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$443.22K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$271.28K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$212.14K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$100.31K	USD	1 Quarter
Stockholders and office operating	`StockholdersAndOfficeOperatingExpenses`	$121.59K	USD	2 Qtrs
Stockholders and office operating	`StockholdersAndOfficeOperatingExpenses`	$64.89K	USD	1 Quarter
Stockholders and office operating	`StockholdersAndOfficeOperatingExpenses`	$85.08K	USD	1 Quarter
Stockholders and office operating	`StockholdersAndOfficeOperatingExpenses`	$149.38K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$89.98K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$131.24K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$44.88K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$67.39K	USD	1 Quarter
Administrative fees	`AdministrativeFeesExpense`	$74.50K	USD	2 Qtrs
Administrative fees	`AdministrativeFeesExpense`	$37.25K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$10.38K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$23.34K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$22.26K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$13.35K	USD	1 Quarter
Corporate development	`BusinessDevelopment`	$3.75K	USD	2 Qtrs
Corporate development	`BusinessDevelopment`	$4.27K	USD	2 Qtrs
Corporate development	`BusinessDevelopment`	$554.00	USD	1 Quarter
Corporate development	`BusinessDevelopment`	$726.00	USD	1 Quarter
Other operating	`OtherExpenses`	-	USD	1 Quarter
Other operating	`OtherExpenses`	$90.00	USD	2 Qtrs
Other operating	`OtherExpenses`	$45.00	USD	1 Quarter
Total expenses	`OperatingExpenses`	$96.20K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$249.18K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$2.35M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$1.31M	USD	1 Quarter
Net investment income before income taxes:	`NetInvestmentIncome`	$2.23M	USD	2 Qtrs
Net investment income before income taxes:	`NetInvestmentIncome`	$1.45M	USD	1 Quarter
Net investment income before income taxes:	`NetInvestmentIncome`	$1.31M	USD	2 Qtrs
Net investment income before income taxes:	`NetInvestmentIncome`	$508.69K	USD	1 Quarter
Income taxes, including excise tax expense	`IncomeTaxExpenseBenefit`	$16.06K	USD	1 Quarter
Income taxes, including excise tax expense	`IncomeTaxExpenseBenefit`	$104.80K	USD	2 Qtrs
Income taxes, including excise tax expense	`IncomeTaxExpenseBenefit`	$31.24K	USD	1 Quarter
Income taxes, including excise tax expense	`IncomeTaxExpenseBenefit`	$38.61K	USD	2 Qtrs
Net investment income	`InvestmentIncomeOperatingAfterExpenseAndTax`	$1.42M	USD	1 Quarter
Net investment income	`InvestmentIncomeOperatingAfterExpenseAndTax`	$1.21M	USD	2 Qtrs
Net investment income	`InvestmentIncomeOperatingAfterExpenseAndTax`	$492.63K	USD	1 Quarter
Net investment income	`InvestmentIncomeOperatingAfterExpenseAndTax`	$2.19M	USD	2 Qtrs
Net realized gain on sales and dispositions of investments, before income taxes	`RealizedInvestmentGainsLosses`	$3.82M	USD	1 Quarter
Net realized gain on sales and dispositions of investments, before income taxes	`RealizedInvestmentGainsLosses`	$1.54M	USD	1 Quarter
Net realized gain on sales and dispositions of investments, before income taxes	`RealizedInvestmentGainsLosses`	$3.87M	USD	2 Qtrs
Net realized gain on sales and dispositions of investments, before income taxes	`RealizedInvestmentGainsLosses`	$688.67K	USD	2 Qtrs
Income tax expense	`RealizedGainLossOnSalesAndDispositionsOfInvestmentOperatingTaxExpenseBenefit`	$338.16K	USD	1 Quarter
Income tax expense	`RealizedGainLossOnSalesAndDispositionsOfInvestmentOperatingTaxExpenseBenefit`	$338.16K	USD	2 Qtrs
Net realized gain on sales and dispositions of investments	`RealizedGainLossOnSalesAndDispositionsOfInvestmentOperatingAfterTax`	$1.54M	USD	1 Quarter
Net realized gain on sales and dispositions of investments	`RealizedGainLossOnSalesAndDispositionsOfInvestmentOperatingAfterTax`	$688.67K	USD	2 Qtrs
Net realized gain on sales and dispositions of investments	`RealizedGainLossOnSalesAndDispositionsOfInvestmentOperatingAfterTax`	$3.48M	USD	1 Quarter
Net realized gain on sales and dispositions of investments	`RealizedGainLossOnSalesAndDispositionsOfInvestmentOperatingAfterTax`	$3.53M	USD	2 Qtrs
Change in unrealized appreciation/ depreciation before income taxes	`UnrealizedGainLossOnInvestmentsBeforeIncomeTax`	$34.70K	USD	2 Qtrs
Change in unrealized appreciation/ depreciation before income taxes	`UnrealizedGainLossOnInvestmentsBeforeIncomeTax`	$-5.19M	USD	2 Qtrs
Change in unrealized appreciation/ depreciation before income taxes	`ChangeInUnrealizedAppreciationDepreciationBeforeIncomeTaxes`	$-5.19M	USD	2 Qtrs
Change in unrealized appreciation/ depreciation before income taxes	`ChangeInUnrealizedAppreciationDepreciationBeforeIncomeTaxes`	$34.70K	USD	2 Qtrs
Change in unrealized appreciation/ depreciation before income taxes	`ChangeInUnrealizedAppreciationDepreciationBeforeIncomeTaxes`	$-4.85M	USD	1 Quarter
Change in unrealized appreciation/ depreciation before income taxes	`ChangeInUnrealizedAppreciationDepreciationBeforeIncomeTaxes`	$-1.37M	USD	1 Quarter
Deferred income tax benefit	`ChangeInUnrealizedAppreciationDepreciationDeferredIncomeTaxExpenseBenefit`	$-66.44K	USD	1 Quarter
Deferred income tax benefit	`ChangeInUnrealizedAppreciationDepreciationDeferredIncomeTaxExpenseBenefit`	$-66.44K	USD	2 Qtrs
Deferred income tax benefit	`ChangeInUnrealizedAppreciationDepreciationDeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investments	`UnrealizedGainLossOnInvestments`	$-1.30M	USD	1 Quarter
Net change in unrealized appreciation/depreciation on investments	`UnrealizedGainLossOnInvestments`	$-5.19M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investments	`UnrealizedGainLossOnInvestments`	$101.14K	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investments	`UnrealizedGainLossOnInvestments`	$-4.85M	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$3.63M	USD	2 Qtrs
Net realized and unrealized gain (loss) on investments	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-3.31M	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$2.18M	USD	1 Quarter
Net realized and unrealized gain (loss) on investments	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-4.50M	USD	2 Qtrs
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$-2.31M	USD	2 Qtrs
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$-1.90M	USD	1 Quarter
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$4.84M	USD	2 Qtrs
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.58M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.58M	shares	1 Quarter
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.58M	shares	2 Qtrs
Weighted average shares outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.58M	shares	2 Qtrs
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.58M	shares	1 Quarter
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.58M	shares	2 Qtrs
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.58M	shares	2 Qtrs
Weighted average shares outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.58M	shares	1 Quarter
Increase (decrease) in net assets from operations per share, Basic	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Increase (decrease) in net assets from operations per share, Basic	`EarningsPerShareBasic`	$1.88	USD	2 Qtrs
Increase (decrease) in net assets from operations per share, Basic	`EarningsPerShareBasic`	$-0.89	USD	2 Qtrs
Increase (decrease) in net assets from operations per share, Basic	`EarningsPerShareBasic`	$-0.73	USD	1 Quarter
Increase (decrease) in net assets from operations per share, Diluted	`EarningsPerShareDiluted`	$-0.89	USD	2 Qtrs
Increase (decrease) in net assets from operations per share, Diluted	`EarningsPerShareDiluted`	$-0.73	USD	1 Quarter
Increase (decrease) in net assets from operations per share, Diluted	`EarningsPerShareDiluted`	$1.88	USD	2 Qtrs
Increase (decrease) in net assets from operations per share, Diluted	`EarningsPerShareDiluted`	$1.04	USD	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$-2.31M	USD	2 Qtrs
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$-1.90M	USD	1 Quarter
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$4.84M	USD	2 Qtrs
Net increase (decrease) in net assets from operations	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Investments in portfolio companies	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$-2.74M	USD	2 Qtrs
Investments in portfolio companies	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$-10.26M	USD	2 Qtrs
Proceeds from sale of portfolio investments	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$3.53M	USD	2 Qtrs
Proceeds from sale of portfolio investments	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$5.91M	USD	2 Qtrs
Proceeds from loan repayments	`GainsLossesOnExtinguishmentOfDebt`	$-90.17K	USD	2 Qtrs
Proceeds from loan repayments	`GainsLossesOnExtinguishmentOfDebt`	$-3.51M	USD	2 Qtrs
Net realized gain on sales and dispositions of portfolio investments	`RealizedInvestmentGainsLosses`	$3.82M	USD	1 Quarter
Net realized gain on sales and dispositions of portfolio investments	`RealizedInvestmentGainsLosses`	$1.54M	USD	1 Quarter
Net realized gain on sales and dispositions of portfolio investments	`RealizedInvestmentGainsLosses`	$3.87M	USD	2 Qtrs
Net realized gain on sales and dispositions of portfolio investments	`RealizedInvestmentGainsLosses`	$688.67K	USD	2 Qtrs
Change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestmentsBeforeIncomeTax`	$34.70K	USD	2 Qtrs
Change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestmentsBeforeIncomeTax`	$-5.19M	USD	2 Qtrs
Deferred income tax (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-146.67K	USD	2 Qtrs
Deferred income tax (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-58.16K	USD	2 Qtrs
Amortization	`DepreciationDepletionAndAmortization`	$12.50K	USD	2 Qtrs
Original issue discount amortization	`AmortizationOfDebtDiscountPremium`	$-12.50K	USD	2 Qtrs
Original issue discount amortization	`AmortizationOfDebtDiscountPremium`	$-13.00K	USD	2 Qtrs
Non-cash conversion of debenture interest	`NonCashConversionOfDebentureInterest`	$290.59K	USD	2 Qtrs
Non-cash conversion of debenture interest	`NonCashConversionOfDebentureInterest`	$521.98K	USD	2 Qtrs
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-8.75K	USD	2 Qtrs
Decrease (increase) in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$65.76K	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$178.63K	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$254.68K	USD	2 Qtrs
Decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-76.40K	USD	2 Qtrs
Decrease in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-245.65K	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$253.87K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.24K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.30K	USD	2 Qtrs
Decrease in due to investment adviser	`IncreaseDecreaseInDueToInvestmentAdviser`	$-660.32K	USD	2 Qtrs
Decrease in due to investment adviser	`IncreaseDecreaseInDueToInvestmentAdviser`	$-306.35K	USD	2 Qtrs
Increase (decrease) in capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeesPayable`	$782.00K	USD	2 Qtrs
Increase (decrease) in capital gains incentive fees payable	`IncreaseDecreaseInCapitalGainsIncentiveFeesPayable`	$-902.76K	USD	2 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$50.12K	USD	2 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-17.45K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-4.79M	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$3.44M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$48.86K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.13M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$8.10M	USD	2 Qtrs
Payment of cash dividends	`PaymentOfCashDividends`	$774.31K	USD	2 Qtrs
Payment of cash dividends	`PaymentOfCashDividends`	$1.16M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-774.31K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.94M	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$355.27K	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.99M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$833.88K	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.36M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.37M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$833.88K	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.36M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.37M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.