2023 Q3 Form 10-Q Financial Statement
#000121390023067086 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $21.37M | $21.73M | $7.140M |
YoY Change | 90.22% | 204.38% | |
Cost Of Revenue | $19.15M | ||
YoY Change | |||
Gross Profit | $22.05M | ||
YoY Change | |||
Gross Profit Margin | 103.19% | ||
Selling, General & Admin | $681.0K | ||
YoY Change | |||
% of Gross Profit | 3.09% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $19.83M | $19.01M | $5.851M |
YoY Change | 114.13% | 224.95% | |
Operating Profit | $2.222M | -$19.01M | |
YoY Change | |||
Interest Expense | $13.87M | $13.00M | $3.014M |
YoY Change | 152.02% | 331.39% | |
% of Operating Profit | 624.26% | ||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $13.87M | ||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $13.87M | $21.00M | |
YoY Change | |||
Net Earnings / Revenue | 64.92% | 96.64% | |
Basic Earnings Per Share | $0.53 | $0.56 | $0.30 |
Diluted Earnings Per Share | $0.53 | $0.56 | $0.30 |
COMMON SHARES | |||
Basic Shares Outstanding | 41.51M shares | 39.01M shares | 23.53M shares |
Diluted Shares Outstanding | 40.50M shares | 38.91M shares | 23.53M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.38M | ||
YoY Change | |||
Cash & Equivalents | $12.38M | $12.92M | $3.414M |
Short-Term Investments | |||
Other Short-Term Assets | $119.0K | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $12.68M | ||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.294B | ||
YoY Change | 25138.51% | ||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.308B | ||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $12.68M | ||
Total Long-Term Assets | $1.308B | ||
Total Assets | $1.321B | $1.325B | |
YoY Change | 33.07% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $10.60M | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $47.19M | ||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $598.0M | ||
YoY Change | |||
Other Long-Term Liabilities | -$5.289M | ||
YoY Change | |||
Total Long-Term Liabilities | $592.7M | ||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $47.19M | ||
Total Long-Term Liabilities | $592.7M | ||
Total Liabilities | $639.9M | $677.7M | |
YoY Change | 36.52% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | $12.18M | $20.31M | |
YoY Change | -52.88% | ||
Common Stock | $668.5M | $39.00K | |
YoY Change | 2156503.23% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $680.7M | $646.9M | $389.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.321B | $1.325B | |
YoY Change | 33.07% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $13.87M | $21.00M | |
YoY Change | |||
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$56.30M | ||
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 60.16M | ||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -56.30M | ||
Cash From Investing Activities | |||
Cash From Financing Activities | 60.16M | ||
Net Change In Cash | 3.858M | ||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$56.30M | ||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
814-01363 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Kayne Anderson BDC, Inc. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
83-0531326 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
811 Main Street | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
14th Floor | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Houston | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77002 | ||
dei |
City Area Code
CityAreaCode
|
(713) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
493-2020 | ||
dei |
Security12b Title
Security12bTitle
|
None | ||
dei |
Trading Symbol
TradingSymbol
|
None | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2023Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
41506935 | shares |
CY2023Q2 | ck0001747172 |
Longterm Investmentsamortized Cost
LongtermInvestmentsamortizedCost
|
1267227000 | usd |
CY2022Q4 | ck0001747172 |
Longterm Investmentsamortized Cost
LongtermInvestmentsamortizedCost
|
1147788000 | usd |
CY2023Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
1283951000 | usd |
CY2022Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
1165119000 | usd |
CY2023Q2 | ck0001747172 |
Shortterm Investmentsamortized Cost
ShorttermInvestmentsamortizedCost
|
15094000 | usd |
CY2022Q4 | ck0001747172 |
Shortterm Investmentsamortized Cost
ShorttermInvestmentsamortizedCost
|
9847000 | usd |
CY2023Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
15094000 | usd |
CY2022Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
9847000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12919000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8526000 | usd |
CY2023Q2 | ck0001747172 |
Receivable For Principal Payments On Investments
ReceivableForPrincipalPaymentsOnInvestments
|
148000 | usd |
CY2022Q4 | ck0001747172 |
Receivable For Principal Payments On Investments
ReceivableForPrincipalPaymentsOnInvestments
|
111000 | usd |
CY2023Q2 | us-gaap |
Interest Receivable
InterestReceivable
|
12270000 | usd |
CY2022Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
10444000 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
207000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
347000 | usd |
CY2023Q2 | us-gaap |
Assets
Assets
|
1324589000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
1194394000 | usd |
CY2023Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
237000000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
269000000 | usd |
CY2023Q2 | ck0001747172 |
Unamortized Corporate Credit Facility Issuance Costs
UnamortizedCorporateCreditFacilityIssuanceCosts
|
-2120000 | usd |
CY2022Q4 | ck0001747172 |
Unamortized Corporate Credit Facility Issuance Costs
UnamortizedCorporateCreditFacilityIssuanceCosts
|
-2517000 | usd |
CY2023Q2 | ck0001747172 |
Revolving Funding Facility Note
RevolvingFundingFacilityNote
|
320000000 | usd |
CY2022Q4 | ck0001747172 |
Revolving Funding Facility Note
RevolvingFundingFacilityNote
|
200000000 | usd |
CY2023Q2 | ck0001747172 |
Unamortized Revolving Funding Facility Issuance Costs
UnamortizedRevolvingFundingFacilityIssuanceCosts
|
-2850000 | usd |
CY2022Q4 | ck0001747172 |
Unamortized Revolving Funding Facility Issuance Costs
UnamortizedRevolvingFundingFacilityIssuanceCosts
|
-2827000 | usd |
CY2023Q2 | ck0001747172 |
Subscription Credit Agreement
SubscriptionCreditAgreement
|
9000000 | usd |
CY2022Q4 | ck0001747172 |
Subscription Credit Agreement
SubscriptionCreditAgreement
|
108000000 | usd |
CY2023Q2 | ck0001747172 |
Unamortized Subscription Credit Facility Issuance Costs
UnamortizedSubscriptionCreditFacilityIssuanceCosts
|
-63000 | usd |
CY2022Q4 | ck0001747172 |
Unamortized Subscription Credit Facility Issuance Costs
UnamortizedSubscriptionCreditFacilityIssuanceCosts
|
-65000 | usd |
CY2023Q2 | ck0001747172 |
Senior Unsecured Notes
SeniorUnsecuredNotes
|
75000000 | usd |
CY2023Q2 | ck0001747172 |
Unamortized Notes Issuance Costs
UnamortizedNotesIssuanceCosts
|
-881000 | usd |
CY2022Q4 | ck0001747172 |
Payable For Investments Purchased
PayableForInvestmentsPurchased
|
956000 | usd |
CY2023Q2 | us-gaap |
Distribution Payable
DistributionPayable
|
20678000 | usd |
CY2022Q4 | us-gaap |
Distribution Payable
DistributionPayable
|
15428000 | usd |
CY2023Q2 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
2848000 | usd |
CY2022Q4 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
2415000 | usd |
CY2023Q2 | us-gaap |
Incentive Fee Payable
IncentiveFeePayable
|
9320000 | usd |
CY2022Q4 | us-gaap |
Incentive Fee Payable
IncentiveFeePayable
|
4762000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
9731000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
7201000 | usd |
CY2023Q2 | us-gaap |
Liabilities
Liabilities
|
677663000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
602353000 | usd |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
39013826 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
39013826 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
35879291 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
35879291 | shares |
CY2023Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
39000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
36000 | usd |
CY2023Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
626581000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
574540000 | usd |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
20306000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
17465000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
646926000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
592041000 | usd |
CY2023Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1324589000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1194394000 | usd |
CY2023Q2 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
16.58 | |
CY2022Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
16.5 | |
CY2023Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
40746000 | usd |
CY2022Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
12991000 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
77112000 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
24892000 | usd | |
CY2023Q2 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
40746000 | usd |
CY2022Q2 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
12991000 | usd |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
77112000 | usd | |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
24892000 | usd | |
CY2023Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
2848000 | usd |
CY2022Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1498000 | usd |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
5533000 | usd | |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
2824000 | usd | |
CY2023Q2 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
2420000 | usd |
CY2022Q2 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
775000 | usd |
us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
4558000 | usd | |
us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
1730000 | usd | |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
13002000 | usd |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
3014000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
24525000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
5822000 | usd | |
CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
143000 | usd |
CY2022Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
155000 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
293000 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
300000 | usd | |
CY2023Q2 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
178000 | usd |
CY2022Q2 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
107000 | usd |
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
317000 | usd | |
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
214000 | usd | |
us-gaap |
Noninterest Expense Offering Cost
NoninterestExpenseOfferingCost
|
29000 | usd | |
CY2023Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
422000 | usd |
CY2022Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
302000 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
871000 | usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
615000 | usd | |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
19013000 | usd |
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
5851000 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
36097000 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
11534000 | usd | |
CY2023Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
21733000 | usd |
CY2022Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
7140000 | usd |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
41015000 | usd | |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
13358000 | usd | |
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
23000 | usd | |
ck0001747172 |
Realized Investment Gains Losses Net
RealizedInvestmentGainsLossesNet
|
23000 | usd | |
CY2023Q2 | ck0001747172 |
Net Change In Unrealized Gains Losses Investments
NetChangeInUnrealizedGainsLossesInvestments
|
-731000 | usd |
CY2022Q2 | ck0001747172 |
Net Change In Unrealized Gains Losses Investments
NetChangeInUnrealizedGainsLossesInvestments
|
322000 | usd |
ck0001747172 |
Net Change In Unrealized Gains Losses Investments
NetChangeInUnrealizedGainsLossesInvestments
|
-606000 | usd | |
ck0001747172 |
Net Change In Unrealized Gains Losses Investments
NetChangeInUnrealizedGainsLossesInvestments
|
-190000 | usd | |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-731000 | usd |
CY2022Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
322000 | usd |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-606000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-190000 | usd | |
CY2023Q2 | ck0001747172 |
Net Realized And Unrealized Gainloss On Investment
NetRealizedAndUnrealizedGainlossOnInvestment
|
-731000 | usd |
CY2022Q2 | ck0001747172 |
Net Realized And Unrealized Gainloss On Investment
NetRealizedAndUnrealizedGainlossOnInvestment
|
322000 | usd |
ck0001747172 |
Net Realized And Unrealized Gainloss On Investment
NetRealizedAndUnrealizedGainlossOnInvestment
|
-606000 | usd | |
ck0001747172 |
Net Realized And Unrealized Gainloss On Investment
NetRealizedAndUnrealizedGainlossOnInvestment
|
-167000 | usd | |
CY2023Q2 | ck0001747172 |
Investment Company Net Asset From Operations Increase Decrease
InvestmentCompanyNetAssetFromOperationsIncreaseDecrease
|
21002000 | usd |
CY2022Q2 | ck0001747172 |
Investment Company Net Asset From Operations Increase Decrease
InvestmentCompanyNetAssetFromOperationsIncreaseDecrease
|
7462000 | usd |
ck0001747172 |
Investment Company Net Asset From Operations Increase Decrease
InvestmentCompanyNetAssetFromOperationsIncreaseDecrease
|
40409000 | usd | |
ck0001747172 |
Investment Company Net Asset From Operations Increase Decrease
InvestmentCompanyNetAssetFromOperationsIncreaseDecrease
|
13191000 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.56 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.3 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.1 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | ||
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.54 | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.32 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.08 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.57 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38905173 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23529376 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37425525 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22964415 | shares | |
CY2023Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
21733000 | usd |
CY2022Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
7140000 | usd |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
41015000 | usd | |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
13358000 | usd | |
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
23000 | usd | |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-731000 | usd |
CY2022Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
322000 | usd |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-606000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-190000 | usd | |
CY2023Q2 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
21002000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
7462000 | usd |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
40409000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
13191000 | usd | |
CY2023Q2 | ck0001747172 |
Investment Company Distribution To Shareholders
InvestmentCompanyDistributionToShareholders
|
20678000 | usd |
CY2022Q2 | ck0001747172 |
Investment Company Distribution To Shareholders
InvestmentCompanyDistributionToShareholders
|
6103000 | usd |
ck0001747172 |
Investment Company Distribution To Shareholders
InvestmentCompanyDistributionToShareholders
|
37568000 | usd | |
ck0001747172 |
Investment Company Distribution To Shareholders
InvestmentCompanyDistributionToShareholders
|
6103000 | usd | |
CY2023Q2 | ck0001747172 |
Net Decrease In Net Assets Resulting From Stockholder Distributions
NetDecreaseInNetAssetsResultingFromStockholderDistributions
|
-20678000 | usd |
CY2022Q2 | ck0001747172 |
Net Decrease In Net Assets Resulting From Stockholder Distributions
NetDecreaseInNetAssetsResultingFromStockholderDistributions
|
-6103000 | usd |
ck0001747172 |
Net Decrease In Net Assets Resulting From Stockholder Distributions
NetDecreaseInNetAssetsResultingFromStockholderDistributions
|
-37568000 | usd | |
ck0001747172 |
Net Decrease In Net Assets Resulting From Stockholder Distributions
NetDecreaseInNetAssetsResultingFromStockholderDistributions
|
-6103000 | usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
50000000 | usd |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
50000000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
68582000 | usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1089000 | usd |
us-gaap |
Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
|
0.015 | pure | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1222000 | usd |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
2044000 | usd | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
2124000 | usd | |
CY2023Q2 | ck0001747172 |
Net Increase In Net Assets Resulting From Capital Share Transactions
NetIncreaseInNetAssetsResultingFromCapitalShareTransactions
|
51089000 | usd |
CY2022Q2 | ck0001747172 |
Net Increase In Net Assets Resulting From Capital Share Transactions
NetIncreaseInNetAssetsResultingFromCapitalShareTransactions
|
1222000 | usd |
ck0001747172 |
Net Increase In Net Assets Resulting From Capital Share Transactions
NetIncreaseInNetAssetsResultingFromCapitalShareTransactions
|
52044000 | usd | |
ck0001747172 |
Net Increase In Net Assets Resulting From Capital Share Transactions
NetIncreaseInNetAssetsResultingFromCapitalShareTransactions
|
70706000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
|
51413000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
|
2581000 | usd |
us-gaap |
Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
|
54885000 | usd | |
us-gaap |
Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
|
77794000 | usd | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
595513000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
387182000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
592041000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
311969000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
646926000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
389763000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
646926000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
389763000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
40409000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
13191000 | usd | |
ck0001747172 |
Net Realizedgainslosses On Investments
NetRealizedgainslossesOnInvestments
|
23000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-606000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-190000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
4317000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
2011000 | usd | |
ck0001747172 |
Purchases Of Shortterm Investments Net
PurchasesOfShorttermInvestmentsNet
|
-5247000 | usd | |
ck0001747172 |
Purchases Of Shortterm Investments Net
PurchasesOfShorttermInvestmentsNet
|
-4731000 | usd | |
ck0001747172 |
Purchases Of Portfolio Investments
PurchasesOfPortfolioInvestments
|
177629000 | usd | |
ck0001747172 |
Purchases Of Portfolio Investments
PurchasesOfPortfolioInvestments
|
181452000 | usd | |
ck0001747172 |
Proceeds From Sales Of Investments And Principal Repayments
ProceedsFromSalesOfInvestmentsAndPrincipalRepayments
|
63543000 | usd | |
ck0001747172 |
Proceeds From Sales Of Investments And Principal Repayments
ProceedsFromSalesOfInvestmentsAndPrincipalRepayments
|
43777000 | usd | |
ck0001747172 |
Paidinkind Interest From Portfolio Investments
PaidinkindInterestFromPortfolioInvestments
|
1035000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1184000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1005000 | usd | |
us-gaap |
Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
|
1826000 | usd | |
us-gaap |
Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
|
2217000 | usd | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-29000 | usd | |
ck0001747172 |
Increasedecrease In Receivable For Principal Payments On Investments
IncreasedecreaseInReceivableForPrincipalPaymentsOnInvestments
|
37000 | usd | |
ck0001747172 |
Increasedecrease In Receivable For Principal Payments On Investments
IncreasedecreaseInReceivableForPrincipalPaymentsOnInvestments
|
333000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-140000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
97000 | usd | |
us-gaap |
Increase Decrease In Payable For Investment Purchased
IncreaseDecreaseInPayableForInvestmentPurchased
|
-956000 | usd | |
us-gaap |
Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
|
433000 | usd | |
us-gaap |
Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
|
546000 | usd | |
us-gaap |
Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
|
4558000 | usd | |
us-gaap |
Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
|
1730000 | usd | |
ck0001747172 |
Increasedecrease In Accrued Organizational And Offering Costs Net
IncreasedecreaseInAccruedOrganizationalAndOfferingCostsNet
|
-6000 | usd | |
ck0001747172 |
Increasedecrease In Accrued Other General And Administrative Expenses
IncreasedecreaseInAccruedOtherGeneralAndAdministrativeExpenses
|
2530000 | usd | |
ck0001747172 |
Increasedecrease In Accrued Other General And Administrative Expenses
IncreasedecreaseInAccruedOtherGeneralAndAdministrativeExpenses
|
1978000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-77644000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-128424000 | usd | |
ck0001747172 |
Borrowingspayments On Corporate Credit Facility Net
BorrowingspaymentsOnCorporateCreditFacilityNet
|
32000000 | usd | |
ck0001747172 |
Borrowingspayments On Corporate Credit Facility Net
BorrowingspaymentsOnCorporateCreditFacilityNet
|
-78000000 | usd | |
ck0001747172 |
Borrowings On Revolving Funding Facility Net
BorrowingsOnRevolvingFundingFacilityNet
|
120000000 | usd | |
ck0001747172 |
Borrowings On Revolving Funding Facility Net
BorrowingsOnRevolvingFundingFacilityNet
|
150000000 | usd | |
us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-162000000 | usd | |
ck0001747172 |
Borrowings On Subscription And Credit Agreement Net
BorrowingsOnSubscriptionAndCreditAgreementNet
|
-99000000 | usd | |
ck0001747172 |
Borrowings On Subscription And Credit Agreement Net
BorrowingsOnSubscriptionAndCreditAgreementNet
|
9000000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1689000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
5185000 | usd | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
30274000 | usd | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
8594000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
50000000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
68582000 | usd | |
ck0001747172 |
Proceeds From Issuance Of Notes
ProceedsFromIssuanceOfNotes
|
75000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
82037000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
129803000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
4393000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1379000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8526000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2035000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
12919000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3414000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
20556000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4654000 | usd | |
ck0001747172 |
Noncash Financing Activities Not Included Herein Consisted Of Reinvestment Of Dividends
NoncashFinancingActivitiesNotIncludedHereinConsistedOfReinvestmentOfDividends
|
2044000 | usd | |
ck0001747172 |
Noncash Financing Activities Not Included Herein Consisted Of Reinvestment Of Dividends
NoncashFinancingActivitiesNotIncludedHereinConsistedOfReinvestmentOfDividends
|
2124000 | usd | |
CY2023Q2 | us-gaap |
Investment Company Financial Commitment To Investee Future Amount
InvestmentCompanyFinancialCommitmentToInvesteeFutureAmount
|
875188000 | usd |
us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
usd | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">C.<i> Use of Estimates</i>—the preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of income and expenses during the period. Actual results could differ materially from those estimates.</p> | ||
ck0001747172 |
Third Party Valuation Percentage
ThirdPartyValuationPercentage
|
0.25 | pure | |
us-gaap |
Dividends Paidinkind
DividendsPaidinkind
|
1035000 | usd | |
ck0001747172 |
Aggregate Interest Income
AggregateInterestIncome
|
0.013 | pure | |
ck0001747172 |
Distributions Percentage
DistributionsPercentage
|
0.90 | pure | |
us-gaap |
Quarterly Financial Information Income Taxes Significant Variation Description
QuarterlyFinancialInformationIncomeTaxesSignificantVariationDescription
|
All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax. | ||
ck0001747172 |
Base Management Fee Annual Rate
BaseManagementFeeAnnualRate
|
0.015 | pure | |
ck0001747172 |
Fair Market Value In Percentage
FairMarketValueInPercentage
|
0.01 | pure | |
CY2023Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
2848000 | usd |
CY2022Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1498000 | usd |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
5533000 | usd | |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
2824000 | usd | |
us-gaap |
Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
|
0.015 | pure | |
us-gaap |
Investment Company Total Return After Incentive Fees
InvestmentCompanyTotalReturnAfterIncentiveFees
|
0.06 | pure | |
us-gaap |
Incentive Fee Description
IncentiveFeeDescription
|
●Prior to an Exchange Listing: 100% of our pre-incentive fee net investment income for the immediately preceding calendar quarter in excess of 1.50% of the Company’s NAV at the end of the immediately preceding calendar quarter until the Advisor has received 10% of the total pre-incentive fee net income for that calendar quarter and, for pre-incentive fee net investment income in excess of 1.6667%, 10% of all remaining pre-incentive fee net investment income for that quarter. ● After an Exchange Listing: 100% of the Company’s pre-incentive fee net investment income for the immediately preceding calendar quarter in excess of 1.50% of the Company’s NAV at the end of the immediately preceding calendar quarter until the Advisor has received 15% of the total pre-incentive fee net income for that calendar quarter and, for pre-incentive fee net investment income in excess of 1.7647%, 15% of all remaining pre-incentive fee net investment income for that quarter. | ||
CY2022Q2 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
775000 | usd |
us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
4558000 | usd | |
ck0001747172 |
Incentive Fee Expense Excluding Capital Gains
IncentiveFeeExpenseExcludingCapitalGains
|
1728000 | usd | |
ck0001747172 |
Capital Gains
CapitalGains
|
2000 | usd | |
us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
1730000 | usd | |
CY2018Q4 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
10000 | usd |
CY2023Q2 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
1282321000 | usd |
CY2023Q2 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
1299045000 | usd |
CY2022Q4 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
1157635000 | usd |
CY2022Q4 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
1174966000 | usd |
CY2023Q2 | us-gaap |
Other Assets
OtherAssets
|
70791000 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
45901000 | usd |
CY2023Q2 | ck0001747172 |
Longterm Investments Fair Value Percentage
LongtermInvestmentsFairValuePercentage
|
1 | pure |
CY2022Q4 | ck0001747172 |
Longterm Investments Fair Value Percentage
LongtermInvestmentsFairValuePercentage
|
1 | pure |
CY2023Q2 | us-gaap |
Investments
Investments
|
1276048000 | usd |
CY2023Q2 | us-gaap |
Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
|
7903000 | usd |
CY2023Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
15094000 | usd |
CY2023Q2 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1299045000 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
1157971000 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
|
7148000 | usd |
CY2022Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
9847000 | usd |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1174966000 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
1254359000 | usd |
us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.01 | pure | |
CY2023Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
74419000 | usd |
CY2023Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
|
-46298000 | usd |
CY2023Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-731000 | usd |
CY2023Q2 | ck0001747172 |
Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
|
2202000 | usd |
CY2023Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
1283951000 | usd |
CY2022Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
617067000 | usd |
CY2022Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
114928000 | usd |
CY2022Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
|
-15615000 | usd |
CY2022Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
322000 | usd |
CY2022Q2 | ck0001747172 |
Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
|
1262000 | usd |
CY2022Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
717964000 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
1165119000 | usd |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
178664000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
|
-63543000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-606000 | usd | |
ck0001747172 |
Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
|
4317000 | usd | |
CY2023Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
1283951000 | usd |
CY2021Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
578445000 | usd |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
181452000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
|
-43777000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-190000 | usd | |
us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
23000 | usd | |
ck0001747172 |
Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
|
2011000 | usd | |
CY2022Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
717964000 | usd |
CY2023Q2 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
125000000 | usd |
us-gaap |
Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
|
0.0025 | pure | |
ck0001747172 |
Extension Fee
ExtensionFee
|
0.0005 | pure | |
ck0001747172 |
Debt Total Commitment
DebtTotalCommitment
|
400000000 | usd | |
CY2023Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0706 | pure |
CY2022Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0291 | pure |
us-gaap |
Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
|
237000000 | usd | |
CY2023Q2 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0275 | pure |
CY2022Q1 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
150000000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
75000000 | usd |
CY2023Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
881000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
75000000 | usd |
CY2023Q2 | ck0001747172 |
Debt Weighted Average Interest Rate1
DebtWeightedAverageInterestRate1
|
0.0871 | pure |
CY2023Q2 | ck0001747172 |
Aggregate Interest Threshold
AggregateInterestThreshold
|
0.02 | pure |
CY2023Q2 | ck0001747172 |
Asset Coverage Ratio
AssetCoverageRatio
|
1.50 | pure |
us-gaap |
Line Of Credit Facility Periodic Payment Principal
LineOfCreditFacilityPeriodicPaymentPrincipal
|
1055000000 | usd | |
us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
641000000 | usd | |
CY2023Q2 | ck0001747172 |
Line Of Credit Available Amount
LineOfCreditAvailableAmount
|
295394000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
|
635086000 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Periodic Payment Principal
LineOfCreditFacilityPeriodicPaymentPrincipal
|
875000000 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
577000000 | usd |
CY2022Q4 | ck0001747172 |
Line Of Credit Available Amount
LineOfCreditAvailableAmount
|
169793000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
|
571591000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
12409000 | usd |
CY2022Q2 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
2528000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
593000 | usd |
CY2022Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
486000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
13002000 | usd |
CY2022Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
3014000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.081 | pure |
CY2022Q2 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.043 | pure |
CY2023Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
643780000 | usd |
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
283637000 | usd |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
23341000 | usd | |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
4817000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1184000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1005000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
24525000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
5822000 | usd | |
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.079 | pure | |
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.045 | pure | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
629398000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
262751000 | usd | |
ck0001747172 |
Weightedaverage Shares Outstandingin Shares
WeightedaverageSharesOutstandinginShares
|
22964415 | shares | |
us-gaap |
Investment Company Total Return
InvestmentCompanyTotalReturn
|
0.066 | pure | |
us-gaap |
Investment Company Total Return
InvestmentCompanyTotalReturn
|
0.036 | pure | |
us-gaap |
Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
|
0.051 | pure | |
us-gaap |
Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
|
0.069 | pure | |
ck0001747172 |
Ratio Of Operating Expenses To Average Net Assets
RatioOfOperatingExpensesToAverageNetAssets
|
0.119 | pure | |
CY2023Q2 | us-gaap |
Shares Issued
SharesIssued
|
3010942 | shares |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
50000000 | usd | |
CY2022Q2 | us-gaap |
Shares Issued
SharesIssued
|
4191292 | shares |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
68582000 | usd | |
ck0001747172 |
Aggregate Capital Commitment
AggregateCapitalCommitment
|
875188000 | usd | |
CY2023Q2 | us-gaap |
Other Commitment
OtherCommitment
|
257469000 | usd |
CY2023Q2 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
1 | |
CY2022Q2 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.26 | |
us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
123593 | shares | |
ck0001747172 |
Stock Issued During Period Value Dividends Reinvestment Plan
StockIssuedDuringPeriodValueDividendsReinvestmentPlan
|
2044000 | usd | |
us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
130860 | shares | |
ck0001747172 |
Stock Issued During Period Value Dividends Reinvestment Plan
StockIssuedDuringPeriodValueDividendsReinvestmentPlan
|
2124000 | usd | |
CY2023Q2 | ck0001747172 |
Unfunded Commitments
UnfundedCommitments
|
116145000 | usd |
CY2022Q4 | ck0001747172 |
Unfunded Commitments
UnfundedCommitments
|
149338000 | usd |
CY2023Q2 | ck0001747172 |
Unfunded Commitments
UnfundedCommitments
|
116145000 | usd |
CY2022Q4 | ck0001747172 |
Unfunded Commitments
UnfundedCommitments
|
149338000 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
21002000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
7462000 | usd |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
40409000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
13191000 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38905173 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23529376 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37425525 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22964415 | shares | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.54 | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.32 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.08 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.57 | ||
CY2022Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
16.5 | |
CY2021Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
16.22 | |
us-gaap |
Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
|
1.1 | ||
us-gaap |
Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
|
0.58 | ||
us-gaap |
Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
|
-0.02 | ||
us-gaap |
Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
|
0.01 | ||
us-gaap |
Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
|
1.08 | ||
us-gaap |
Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
|
0.59 | ||
us-gaap |
Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
|
1 | ||
us-gaap |
Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
|
0.26 | ||
ck0001747172 |
Net Decrease In Net Assets Resulting From Distributions Subtotal
NetDecreaseInNetAssetsResultingFromDistributionsSubtotal
|
-1 | ||
ck0001747172 |
Net Decrease In Net Assets Resulting From Distributions Subtotal
NetDecreaseInNetAssetsResultingFromDistributionsSubtotal
|
-0.26 | ||
CY2023Q2 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
16.58 | |
CY2022Q2 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
16.55 | |
CY2023Q2 | us-gaap |
Shares Outstanding
SharesOutstanding
|
39013826 | shares |
CY2022Q2 | us-gaap |
Shares Outstanding
SharesOutstanding
|
23550054 | shares |
CY2023Q2 | us-gaap |
Net Regulatory Assets
NetRegulatoryAssets
|
646926000 | usd |
CY2022Q2 | us-gaap |
Net Regulatory Assets
NetRegulatoryAssets
|
389763000 | usd |
ck0001747172 |
Weightedaverage Shares Outstandingin Shares
WeightedaverageSharesOutstandinginShares
|
37425525 | shares | |
ck0001747172 |
Ratio Of Operating Expenses To Average Net Assets
RatioOfOperatingExpensesToAverageNetAssets
|
0.064 | pure | |
us-gaap |
Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
|
0.135 | pure | |
us-gaap |
Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
|
0.074 | pure | |
CY2023Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0 | |
CY2022Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.01 | |
CY2022Q2 | ck0001747172 |
Realized Investment Gains Losses Net
RealizedInvestmentGainsLossesNet
|
usd | |
ck0001747172 |
Realized Investment Gains Losses Net
RealizedInvestmentGainsLossesNet
|
usd | ||
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
usd | |
ck0001747172 |
Net Realizedgainslosses On Investments
NetRealizedgainslossesOnInvestments
|
usd | ||
ck0001747172 |
Paidinkind Interest From Portfolio Investments
PaidinkindInterestFromPortfolioInvestments
|
usd | ||
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
usd | ||
us-gaap |
Increase Decrease In Payable For Investment Purchased
IncreaseDecreaseInPayableForInvestmentPurchased
|
usd | ||
ck0001747172 |
Increasedecrease In Accrued Organizational And Offering Costs Net
IncreasedecreaseInAccruedOrganizationalAndOfferingCostsNet
|
usd | ||
us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
usd | ||
ck0001747172 |
Proceeds From Issuance Of Notes
ProceedsFromIssuanceOfNotes
|
usd | ||
us-gaap |
Dividends Paidinkind
DividendsPaidinkind
|
usd | ||
CY2023Q2 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
usd | |
CY2023Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
|
usd | |
CY2022Q2 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
usd | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22964415 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23529376 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37425525 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
38905173 | shares |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.32 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.54 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.57 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.08 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001747172 |