10-Q Filing

PALMER SQUARE CAPITAL BDC INC. CIK: 1794776 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001213900-23-038473`
Period End Date	20230331
Filing Date	20230511
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	f10q0323_palmersquare_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 52 Cash Flow Statement 66 Stockholders Equity 22

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Amortized cost (in Dollars)	`InvestmentOwnedAtCost`	$1.13B	USD	Point-in-time
Amortized cost (in Dollars)	`InvestmentOwnedAtCost`	$1.12B	USD	Point-in-time
Non-controlled, non-affiliated investments, at fair value (amortized cost of $1,130,719,129 and $1,120,099,935, respectively)	`InvestmentOwnedAtFairValue`	$1.02B	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Non-controlled, non-affiliated investments, at fair value (amortized cost of $1,130,719,129 and $1,120,099,935, respectively)	`InvestmentOwnedAtFairValue`	$1.04B	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.24M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.29M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.98M	shares	Point-in-time
Receivable for sales of investments	`ReceivableForSalesOfInvestments`	$31.01M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.98M	shares	Point-in-time
Receivable for sales of investments	`ReceivableForSalesOfInvestments`	$4.04M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.29M	shares	Point-in-time
Receivable for paydowns of investments	`ReceivableForPaydownsOfInvestments`	$242.87K	USD	Point-in-time
Receivable for paydowns of investments	`ReceivableForPaydownsOfInvestments`	$136.12K	USD	Point-in-time
Due from investment adviser	`DueFromAffiliatesCurrent`	$239.03K	USD	Point-in-time
Due from investment adviser	`DueFromAffiliatesCurrent`	$234.10K	USD	Point-in-time
Dividend receivable	`DividendsReceivable`	$142.00K	USD	Point-in-time
Dividend receivable	`DividendsReceivable`	$217.70K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$6.02M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$6.47M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$604.03K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$598.33K	USD	Point-in-time
Total Assets	`Assets`	$1.06B	USD	Point-in-time
Total Assets	`Assets`	$1.06B	USD	Point-in-time
Credit facilities, net (Note 6)	`LineOfCredit`	$641.31M	USD	Point-in-time
Credit facilities, net (Note 6)	`LineOfCredit`	$616.41M	USD	Point-in-time
Payable for investments purchased	`PayableInvestmentPurchase`	$42.75M	USD	Point-in-time
Payable for investments purchased	`PayableInvestmentPurchase`	$38.17M	USD	Point-in-time
Distributions payable	`DistributionPayable`	-	USD	Point-in-time
Distributions payable	`DistributionPayable`	$6.94M	USD	Point-in-time
Management fee payable	`DirectorsFeesPayable`	$1.87M	USD	Point-in-time
Management fee payable	`DirectorsFeesPayable`	$1.91M	USD	Point-in-time
Accrued other general and administrative expenses	`SellingGeneralAndAdministrativeExpenses`	$1.14M	USD	Point-in-time
Accrued other general and administrative expenses	`SellingGeneralAndAdministrativeExpenses`	$1.12M	USD	Point-in-time
Total Liabilities	`Liabilities`	$694.01M	USD	Point-in-time
Total Liabilities	`Liabilities`	$657.62M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Shares, $0.001 par value; 450,000,000 shares authorized; 24,975,302 and 24,286,628 as of March 31, 2023 and December 31, 2022, respectively issued and outstanding	`CommonStockValue`	$24.98K	USD	Point-in-time
Common Shares, $0.001 par value; 450,000,000 shares authorized; 24,975,302 and 24,286,628 as of March 31, 2023 and December 31, 2022, respectively issued and outstanding	`CommonStockValue`	$24.29K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$485.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$473.92M	USD	Point-in-time
Total distributable earnings (accumulated deficit)	`InvestmentCompanyDistributableEarning`	$-110.50M	USD	Point-in-time
Total distributable earnings (accumulated deficit)	`InvestmentCompanyDistributableEarning`	$-82.41M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$402.64M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$454.19M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$363.44M	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$452.80M	USD	Point-in-time
Total Liabilities and Net Assets	`LiabilitiesAndStockholdersEquity`	$1.06B	USD	Point-in-time
Total Liabilities and Net Assets	`LiabilitiesAndStockholdersEquity`	$1.06B	USD	Point-in-time
Net Asset Value Per Common Share (in Dollars per share)	`NetAssetValuePerShare`	$14.96	USD	Point-in-time
Net Asset Value Per Common Share (in Dollars per share)	`NetAssetValuePerShare`	$16.12	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Diluted net investment income per common share	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.38	USD	1 Quarter
Diluted net investment income per common share	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.55	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$25.45M	USD	1 Quarter
Diluted net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.15	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$14.16M	USD	1 Quarter
Diluted net increase (decrease) in net assets resulting from operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.14	USD	1 Quarter
Weighted Average Common Shares Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.59M	shares	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$4.65K	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$676.87K	USD	1 Quarter
Weighted Average Common Shares Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.81M	shares	1 Quarter
Other income	`OtherIncome`	$93.04K	USD	1 Quarter
Other income	`OtherIncome`	$55.90K	USD	1 Quarter
Total investment income from non-controlled, non-affiliated investments	`InvestmentIncomeNet`	$14.25M	USD	1 Quarter
Total investment income from non-controlled, non-affiliated investments	`InvestmentIncomeNet`	$26.19M	USD	1 Quarter
Total Investment Income	`InvestmentIncomeNonoperating`	$14.25M	USD	1 Quarter
Total Investment Income	`InvestmentIncomeNonoperating`	$26.19M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$10.32M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$3.15M	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$2.26M	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$1.91M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$138.44K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$211.99K	USD	1 Quarter
Directors fees	`NoninterestExpenseDirectorsFees`	$18.49K	USD	1 Quarter
Directors fees	`NoninterestExpenseDirectorsFees`	$18.49K	USD	1 Quarter
Other general and administrative expenses	`GeneralAndAdministrativeExpense`	$300.73K	USD	1 Quarter
Other general and administrative expenses	`GeneralAndAdministrativeExpense`	$367.01K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$5.87M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$12.83M	USD	1 Quarter
Less: Management fee waiver (Note 3)	`OtherOperatingIncome`	$239.03K	USD	1 Quarter
Less: Management fee waiver (Note 3)	`OtherOperatingIncome`	$282.25K	USD	1 Quarter
Net expenses	`OperatingIncomeLoss`	$-5.58M	USD	1 Quarter
Net expenses	`OperatingIncomeLoss`	$-12.59M	USD	1 Quarter
Net Investment Income (Loss)	`NetInvestmentIncome`	$8.67M	USD	1 Quarter
Net Investment Income (Loss)	`NetInvestmentIncome`	$13.59M	USD	1 Quarter
Non-controlled, non-affiliated investments	`NonAffiliateNonControlInvestments`	$-369.87K	USD	1 Quarter
Non-controlled, non-affiliated investments	`NonAffiliateNonControlInvestments`	$-317.45K	USD	1 Quarter
Total net realized gains (losses)	`RealizedInvestmentGainsLosses`	$-317.45K	USD	1 Quarter
Total net realized gains (losses)	`RealizedInvestmentGainsLosses`	$-369.87K	USD	1 Quarter
Non-controlled, non-affiliated investments	`UnrealizedAppreciationDepreciationOnNonControlAndNonAffiliateInvestments`	$11.73M	USD	1 Quarter
Non-controlled, non-affiliated investments	`UnrealizedAppreciationDepreciationOnNonControlAndNonAffiliateInvestments`	$-14.81M	USD	1 Quarter
Total net change in unrealized gains (losses)	`UnrealizedGainLossOnInvestments`	$-11.73M	USD	1 Quarter
Total net change in unrealized gains (losses)	`UnrealizedGainLossOnInvestments`	$14.81M	USD	1 Quarter
Total realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainlossOnInvestments`	$-12.10M	USD	1 Quarter
Total realized and unrealized gains (losses)	`NetRealizedAndUnrealizedGainlossOnInvestments`	$14.50M	USD	1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations	`NetIncomeLoss`	$28.09M	USD	1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations	`NetIncomeLoss`	$-3.43M	USD	1 Quarter
Basic and diluted net investment income per common share (in Dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.38	USD	1 Quarter
Basic and diluted net investment income per common share (in Dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.55	USD	1 Quarter
Basic and diluted net increase (decrease) in net assets resulting from operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.15	USD	1 Quarter
Basic and diluted net increase (decrease) in net assets resulting from operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.14	USD	1 Quarter
Weighted Average Common Shares Outstanding - Basic and Diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.81M	shares	1 Quarter
Weighted Average Common Shares Outstanding - Basic and Diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.59M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Proceeds from issuance of common shares, net	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	1 Quarter
Proceeds from issuance of common shares, net	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$28.09M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$-3.43M	USD	1 Quarter
Net realized (gains)/losses on investments	`RealizedInvestmentGainsLosses`	$-317.45K	USD	1 Quarter
Net realized (gains)/losses on investments	`RealizedInvestmentGainsLosses`	$-369.87K	USD	1 Quarter
Net change in unrealized (gains)/losses on investments	`UnrealizedGainLossOnInvestments`	$-11.73M	USD	1 Quarter
Net change in unrealized (gains)/losses on investments	`UnrealizedGainLossOnInvestments`	$14.81M	USD	1 Quarter
Net accretion of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$111.28K	USD	1 Quarter
Net accretion of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$352.43K	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$137.52M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$230.51M	USD	1 Quarter
Purchases of portfolio investments	`PurchasesOfPortfolioInvestments`	$158.95M	USD	1 Quarter
Purchases of portfolio investments	`PurchasesOfPortfolioInvestments`	$63.46M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$181.25M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$168.87M	USD	1 Quarter
Proceeds from sale of portfolio investments	`ProceedsFromSaleOfPortfolioInvestments`	$102.14M	USD	1 Quarter
Proceeds from sale of portfolio investments	`ProceedsFromSaleOfPortfolioInvestments`	$147.47M	USD	1 Quarter
Amortization of deferred financing cost	`AmortizationOfFinancingCosts`	$243.68K	USD	1 Quarter
Amortization of deferred financing cost	`AmortizationOfFinancingCosts`	$244.96K	USD	1 Quarter
(Increase)/decrease in receivable for sales of investments	`IncreasedecreaseInReceivableForSalesOfInvestments`	$-26.97M	USD	1 Quarter
(Increase)/decrease in receivable for sales of investments	`IncreasedecreaseInReceivableForSalesOfInvestments`	$12.67M	USD	1 Quarter
(Increase)/decrease in interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$413.40K	USD	1 Quarter
(Increase)/decrease in interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$-369.63K	USD	1 Quarter
(Increase)/decrease in due from investment adviser	`IncreaseDecreaseDueFromAffiliates`	$1.50K	USD	1 Quarter
(Increase)/decrease in due from investment adviser	`IncreaseDecreaseDueFromAffiliates`	$4.93K	USD	1 Quarter
(Increase)/decrease in receivable for paydowns of investments	`IncreasedecreaseInReceivableForPaydownsOfInvestments`	$106.75K	USD	1 Quarter
(Increase)/decrease in receivable for paydowns of investments	`IncreasedecreaseInReceivableForPaydownsOfInvestments`	$69.72K	USD	1 Quarter
(Increase)/decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$165.49K	USD	1 Quarter
(Increase)/decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.70K	USD	1 Quarter
Increase/(decrease) in interest payable on credit facilities	`LineOfCreditFacilityIncreaseDecreaseForPeriodNet`	$-2.38M	USD	1 Quarter
Increase/(decrease) in interest payable on credit facilities	`LineOfCreditFacilityIncreaseDecreaseForPeriodNet`	$333.75K	USD	1 Quarter
Increase/(decrease) in payable for investments purchased	`IncreasedecreaseInPayableForInvestmentsPurchased`	$21.73M	USD	1 Quarter
Increase/(decrease) in payable for investments purchased	`IncreasedecreaseInPayableForInvestmentsPurchased`	$4.58M	USD	1 Quarter
Increase/(decrease) in management fees payable	`IncreasedecreaseInManagementFeesPayable`	$-12.04K	USD	1 Quarter
Increase/(decrease) in management fees payable	`IncreasedecreaseInManagementFeesPayable`	$-39.41K	USD	1 Quarter
Increase/(decrease) in directors fee payable	`IncreasedecreaseInDirectorsFeePayable`	$617.00	USD	1 Quarter
Increase/(decrease) in directors fee payable	`IncreasedecreaseInDirectorsFeePayable`	-	USD	1 Quarter
Increase/(decrease) in accrued other general and administrative expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.61M	USD	1 Quarter
Increase/(decrease) in accrued other general and administrative expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-13.94K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.31M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.95M	USD	1 Quarter
Borrowings on the credit facilities	`ProceedsFromLinesOfCredit`	$33.00M	USD	1 Quarter
Borrowings on the credit facilities	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Payments on the credit facilities	`RepaymentsOfLinesOfCredit`	$20.00M	USD	1 Quarter
Payments on the credit facilities	`RepaymentsOfLinesOfCredit`	$27.50M	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$17.73K	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Distributions paid in cash	`PaymentsOfDistributionsToAffiliates`	$5.87M	USD	1 Quarter
Distributions paid in cash	`PaymentsOfDistributionsToAffiliates`	$6.94M	USD	1 Quarter
Proceeds from issuance of common shares, net of change in subscriptions receivable of $ -	`ProceedsFromIssuanceOfCommonStock`	$4.82M	USD	1 Quarter
Proceeds from issuance of common shares, net of change in subscriptions receivable of $ -	`ProceedsFromIssuanceOfCommonStock`	$11.10M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.35M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.95M	USD	1 Quarter
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.59M	USD	1 Quarter
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.64M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.74M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.74M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$3.48M	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$7.94M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Net investment income (loss)	`NetInvestmentIncome`	$8.67M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$13.59M	USD	1 Quarter
Net realized gains (losses) on investments and foreign currency transactions	`RealizedInvestmentGainsLosses`	$-317.45K	USD	1 Quarter
Net realized gains (losses) on investments and foreign currency transactions	`RealizedInvestmentGainsLosses`	$-369.87K	USD	1 Quarter
Net change in unrealized gains (losses) on investments, foreign currency translations, and foreign currency exchange contracts	`UnrealizedGainLossOnInvestments`	$-11.73M	USD	1 Quarter
Net change in unrealized gains (losses) on investments, foreign currency translations, and foreign currency exchange contracts	`UnrealizedGainLossOnInvestments`	$14.81M	USD	1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations	`NetIncomeLoss`	$28.09M	USD	1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations	`NetIncomeLoss`	$-3.43M	USD	1 Quarter
Issuance of common shares	`IssuanceOfCommonStock`	$-4.82M	USD	1 Quarter
Issuance of common shares	`IssuanceOfCommonStock`	$-11.10M	USD	1 Quarter
Net Increase in Net Assets Resulting from Capital Share Transactions	`NetIncreaseInNetAssetsFromCapitalShareTransactions`	$11.10M	USD	1 Quarter
Net Increase in Net Assets Resulting from Capital Share Transactions	`NetIncreaseInNetAssetsFromCapitalShareTransactions`	$4.82M	USD	1 Quarter
Total Increase (Decrease) in Net Assets	`TotalIncreaseDecreaseInNetAssets`	$39.19M	USD	1 Quarter
Total Increase (Decrease) in Net Assets	`TotalIncreaseDecreaseInNetAssets`	$1.39M	USD	1 Quarter
Net Assets, Beginning of Period	`StockholdersEquity`	$402.64M	USD	Point-in-time
Net Assets, Beginning of Period	`StockholdersEquity`	$454.19M	USD	Point-in-time
Net Assets, Beginning of Period	`StockholdersEquity`	$363.44M	USD	Point-in-time
Net Assets, Beginning of Period	`StockholdersEquity`	$452.80M	USD	Point-in-time
Net Assets, End of Period	`StockholdersEquity`	$402.64M	USD	Point-in-time
Net Assets, End of Period	`StockholdersEquity`	$454.19M	USD	Point-in-time
Net Assets, End of Period	`StockholdersEquity`	$363.44M	USD	Point-in-time
Net Assets, End of Period	`StockholdersEquity`	$452.80M	USD	Point-in-time

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