2024 Q3 Form 10-Q Financial Statement

#000121390024066323 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $15.73M $15.76M
YoY Change 6.25% 10.97%
Cost Of Revenue $20.32M $19.70M
YoY Change 48.37%
Gross Profit $16.98M $16.85M
YoY Change 12.64%
Gross Profit Margin 107.96% 106.95%
Selling, General & Admin $1.253M $1.095M
YoY Change 129.32%
% of Gross Profit 7.38% 6.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $21.58M $20.79M
YoY Change 51.48% 54.04%
Operating Profit -$4.596M -$3.939M
YoY Change -653.1% -70.25%
Interest Expense -$8.174M -$10.45M
YoY Change -171.07%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $7.555M $5.313M
YoY Change -77.68%
Income Tax
% Of Pretax Income
Net Earnings $7.555M $5.313M
YoY Change -77.68% -77.81%
Net Earnings / Revenue 48.03% 33.72%
Basic Earnings Per Share $0.48 $0.48
Diluted Earnings Per Share $0.48 $0.48
COMMON SHARES
Basic Shares Outstanding 32.62M shares 32.57M shares
Diluted Shares Outstanding 32.61M 32.57M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.786M $14.79M
YoY Change -47.64%
Cash & Equivalents $1.786M $14.79M
Short-Term Investments
Other Short-Term Assets $139.5K $167.1K
YoY Change -77.51%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $11.68M $15.91M
YoY Change -6.89%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.390B $1.432B
YoY Change 25.81%
Other Assets
YoY Change
Total Long-Term Assets $1.402B $1.443B
YoY Change 26.04%
TOTAL ASSETS
Total Short-Term Assets $11.68M $15.91M
Total Long-Term Assets $1.402B $1.443B
Total Assets $1.414B $1.459B
YoY Change 25.67% 34.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.12M $68.24M
YoY Change -25.86%
Accrued Expenses $1.093M $1.314M
YoY Change 21.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $47.20M $89.56M
YoY Change 3.98%
LONG-TERM LIABILITIES
Long-Term Debt $824.4M $820.4M
YoY Change 30.33%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $824.4M $820.4M
YoY Change 30.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $47.20M $89.56M
Total Long-Term Liabilities $824.4M $820.4M
Total Liabilities $871.6M $910.0M
YoY Change 28.57% 38.9%
SHAREHOLDERS EQUITY
Retained Earnings -$69.58M -$61.80M
YoY Change 4.77%
Common Stock $611.5M $610.6M
YoY Change 2293137.28% 2369005.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $541.9M $548.8M
YoY Change
Total Liabilities & Shareholders Equity $1.414B $1.459B
YoY Change 25.67% 34.87%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $7.555M $5.313M
YoY Change -77.68% -77.81%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $3.510M -$513.5K
YoY Change -78.25%
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 -16.51M 7.047M
YoY Change 14.86%
NET CHANGE
Cash From Operating Activities 3.510M -513.5K
Cash From Investing Activities
Cash From Financing Activities -16.51M 7.047M
Net Change In Cash -13.00M 6.534M
YoY Change -838.89%
FREE CASH FLOW
Cash From Operating Activities $3.510M -$513.5K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
24556200 usd
CY2024Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
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CY2023Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
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us-gaap Gain Loss On Investments
GainLossOnInvestments
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us-gaap Gain Loss On Investments
GainLossOnInvestments
24236185 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
5312813 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
23940662 usd
us-gaap Net Income Loss
NetIncomeLoss
28192953 usd
us-gaap Net Income Loss
NetIncomeLoss
52028984 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.94
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.88
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32569280 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25453970 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32081916 shares
CY2024Q2 us-gaap Net Investment Income
NetInvestmentIncome
15757851 usd
CY2023Q2 us-gaap Net Investment Income
NetInvestmentIncome
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us-gaap Net Investment Income
NetInvestmentIncome
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CY2024Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
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CY2023Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
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us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
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us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
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UnrealizedGainLossOnInvestments
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us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
24556200 usd
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5312813 usd
CY2023Q2 us-gaap Increase Decrease In Other Operating Capital Net
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23940662 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
28192953 usd
us-gaap Increase Decrease In Other Operating Capital Net
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DividendsAndDistributionsToStockholders
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psbd Dividends And Distributions To Stockholders
DividendsAndDistributionsToStockholders
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psbd Dividends And Distributions To Stockholders
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CY2024Q2 psbd Distributions Declared From Realized Gains
DistributionsDeclaredFromRealizedGains
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DistributionsDeclaredFromRealizedGains
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psbd Distributions Declared From Realized Gains
DistributionsDeclaredFromRealizedGains
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CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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StockIssuedDuringPeriodValueNewIssues
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CY2024Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2023Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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StockRepurchasedDuringPeriodValue
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CY2024Q2 psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
246934 usd
CY2023Q2 psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
13135473 usd
psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
89899434 usd
psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
24239698 usd
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IncreaseDecreaseInNetAssets
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CY2023Q2 psbd Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
23892767 usd
psbd Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
86834838 usd
psbd Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
63085314 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
558537164 usd
us-gaap Net Income Loss
NetIncomeLoss
28192953 usd
us-gaap Net Income Loss
NetIncomeLoss
52028984 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.94
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.88
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.08
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32569280 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25453970 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32081916 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25025158 shares
CY2024Q2 us-gaap Net Investment Income
NetInvestmentIncome
15757851 usd
CY2023Q2 us-gaap Net Investment Income
NetInvestmentIncome
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us-gaap Net Investment Income
NetInvestmentIncome
32076080 usd
us-gaap Net Investment Income
NetInvestmentIncome
27792799 usd
CY2024Q2 us-gaap Realized Investment Gains Losses
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RealizedInvestmentGainsLosses
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RealizedInvestmentGainsLosses
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CY2024Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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CY2023Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
9743113 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
7265128 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
24556200 usd
CY2024Q2 us-gaap Increase Decrease In Other Operating Capital Net
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5312813 usd
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23940662 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
28192953 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
52028984 usd
CY2024Q2 psbd Dividends And Distributions To Stockholders
DividendsAndDistributionsToStockholders
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psbd Dividends And Distributions To Stockholders
DividendsAndDistributionsToStockholders
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CY2024Q2 psbd Distributions Declared From Realized Gains
DistributionsDeclaredFromRealizedGains
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CY2023Q2 psbd Distributions Declared From Realized Gains
DistributionsDeclaredFromRealizedGains
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psbd Distributions Declared From Realized Gains
DistributionsDeclaredFromRealizedGains
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psbd Distributions Declared From Realized Gains
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CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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StockIssuedDuringPeriodValueNewIssues
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us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2024Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2023Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
6935473 usd
CY2024Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2024Q2 psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
246934 usd
CY2023Q2 psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
13135473 usd
psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
89899434 usd
psbd Net Increase In Net Assets From Capital Share Transactions
NetIncreaseInNetAssetsFromCapitalShareTransactions
24239698 usd
CY2024Q2 psbd Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
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psbd Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
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CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
558537164 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
461955393 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
363443482 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
402636029 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
461955393 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
363443482 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
548790231 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
426528796 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
548790231 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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RealizedInvestmentGainsLosses
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us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
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us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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us-gaap Interest Income Operating Paid In Kind
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PaymentsToAcquireShortTermInvestments
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PaymentsToAcquireShortTermInvestments
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us-gaap Proceeds From Sale Of Short Term Investments
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us-gaap Amortization Of Financing Costs
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us-gaap Increase Decrease In Interest And Dividends Receivable
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us-gaap Increase Decrease In Interest And Dividends Receivable
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us-gaap Increase Decrease Due From Affiliates
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us-gaap Increase Decrease Due From Affiliates
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21650 usd
psbd Increasedecrease In Receivable For Paydowns Of Investments
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292633 usd
psbd Increasedecrease In Receivable For Paydowns Of Investments
IncreasedecreaseInReceivableForPaydownsOfInvestments
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
137001 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2603082 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
736352 usd
us-gaap Increase Decrease In Payable For Investment Purchased
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53529859 usd
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us-gaap Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
198004 usd
us-gaap Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
173199 usd
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245862 usd
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187900000 usd
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10500000 usd
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305319060 usd
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27500000 usd
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13188961 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
89652500 usd
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593206 usd
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12671665 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
5085787 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1650801 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6736588 usd
CY2024Q2 us-gaap Stockholders Equity
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CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
548790231 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Payments To Acquire Short Term Investments
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12671665 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6736588 usd
us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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CY2024Q2 us-gaap Investment Owned At Fair Value
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CY2024Q2 us-gaap Investment Owned Percent Of Net Assets
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us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Use of Estimates</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates.</span></p>
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Indemnifications</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the normal course of business, the Company enters into contracts that contain a variety of representations which provide general indemnifications. The Company’s maximum exposure under these arrangements cannot be known; however, the Company expects any risk of loss to be remote.</span></p>
us-gaap Interest Paid Net
InterestPaidNet
27439506 usd
us-gaap Interest Paid Net
InterestPaidNet
18610169 usd
psbd Distributions Declared During The Period
DistributionsDeclaredDuringThePeriod
31257549 usd
psbd Distributions Declared During The Period
DistributionsDeclaredDuringThePeriod
13183368 usd
psbd Reinvestment Of Distributions During The Period
ReinvestmentOfDistributionsDuringThePeriod
6935473 usd
psbd Distributions Payable
DistributionsPayable
15306680 usd
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1474597939 usd
CY2024Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1431576768 usd
CY2024Q2 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
2.609 pure
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Use of Estimates</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates.</span></p>
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Indemnifications</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the normal course of business, the Company enters into contracts that contain a variety of representations which provide general indemnifications. The Company’s maximum exposure under these arrangements cannot be known; however, the Company expects any risk of loss to be remote.</span></p>
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.90 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.90 pure
us-gaap Quarterly Financial Information Income Taxes Significant Variation Description
QuarterlyFinancialInformationIncomeTaxesSignificantVariationDescription
In order for the Company not to be subject to U.S. federal excise taxes, it must distribute annually an amount at least equal to the sum of (i) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one year period ending October 31 in such calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income.
psbd Renewed Period
RenewedPeriod
P2Y
us-gaap Quarterly Financial Information Income Taxes Significant Variation Description
QuarterlyFinancialInformationIncomeTaxesSignificantVariationDescription
In order for the Company not to be subject to U.S. federal excise taxes, it must distribute annually an amount at least equal to the sum of (i) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one year period ending October 31 in such calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income.
psbd Renewed Period
RenewedPeriod
P2Y
psbd Weighted Average Number Of Share Outstanding Percentage
WeightedAverageNumberOfShareOutstandingPercentage
0.0175 pure
us-gaap Management And Service Fees Rate
ManagementAndServiceFeesRate
0.02 pure
psbd Maximum Annual Rate For Management And Service Fees
MaximumAnnualRateForManagementAndServiceFees
0.0175 pure
CY2024Q2 psbd Hurdle Rate Percentage In Each Quarter
HurdleRatePercentageInEachQuarter
0.015 pure
CY2024Q2 psbd Hurdle Rate Percentage In Annual Term
HurdleRatePercentageInAnnualTerm
0.06 pure
CY2024Q2 psbd Percentage Of Adjusted Net Investment Income
PercentageOfAdjustedNetInvestmentIncome
1 pure
psbd Weighted Average Number Of Share Outstanding Percentage
WeightedAverageNumberOfShareOutstandingPercentage
0.0175 pure
us-gaap Management And Service Fees Rate
ManagementAndServiceFeesRate
0.02 pure
psbd Maximum Annual Rate For Management And Service Fees
MaximumAnnualRateForManagementAndServiceFees
0.0175 pure
CY2024Q2 psbd Hurdle Rate Percentage In Each Quarter
HurdleRatePercentageInEachQuarter
0.015 pure
CY2024Q2 psbd Hurdle Rate Percentage In Annual Term
HurdleRatePercentageInAnnualTerm
0.06 pure
CY2024Q2 psbd Percentage Of Adjusted Net Investment Income
PercentageOfAdjustedNetInvestmentIncome
1 pure
CY2024Q2 psbd Catch Up Amount Determining Percentage
CatchUpAmountDeterminingPercentage
0.017142 pure
CY2024Q2 psbd Incentive Fee Percentage
IncentiveFeePercentage
0.125 pure
CY2024Q2 psbd Incentive Fee Percentage Equals Adjusted Net Investment Income
IncentiveFeePercentageEqualsAdjustedNetInvestmentIncome
0.125 pure
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1474597939 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1108810753 usd
psbd Investment Company Portfolio Turnover Longterm Investment
InvestmentCompanyPortfolioTurnoverLongtermInvestment
0.171 pure
psbd Investment Company Portfolio Turnover At Fair Value
InvestmentCompanyPortfolioTurnoverAtFairValue
0.173 pure
CY2023 psbd Investment Company Portfolio Turnover Longterm Investment
InvestmentCompanyPortfolioTurnoverLongtermInvestment
0.142 pure
CY2023 psbd Investment Company Portfolio Turnover At Fair Value
InvestmentCompanyPortfolioTurnoverAtFairValue
0.141 pure
CY2024Q2 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Redemption Restriction Percentage
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareRedemptionRestrictionPercentage
1 pure
CY2023Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Redemption Restriction Percentage
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareRedemptionRestrictionPercentage
1 pure
CY2024Q2 us-gaap Investments
Investments
1431576768 usd
CY2023Q4 us-gaap Investments
Investments
1108810753 usd
us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
1.50 pure
psbd Total Secured Note Principal Outstanding
TotalSecuredNotePrincipalOutstanding
300000000 usd
psbd Subordinated Notes Principal Outstanding
SubordinatedNotesPrincipalOutstanding
100500000 usd
psbd Description Of Subordinated Notes Credit Rating
DescriptionOfSubordinatedNotesCreditRating
Not rated
psbd Principal Outstanding
PrincipalOutstanding
400500000 usd
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
5485963 shares
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
5485963 shares
CY2024Q2 psbd Catch Up Amount Determining Percentage
CatchUpAmountDeterminingPercentage
0.017142 pure
CY2024Q2 psbd Incentive Fee Percentage
IncentiveFeePercentage
0.125 pure
CY2024Q2 psbd Incentive Fee Percentage Equals Adjusted Net Investment Income
IncentiveFeePercentageEqualsAdjustedNetInvestmentIncome
0.125 pure
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1474597939 usd
CY2024Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1431576768 usd
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1159135422 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1108810753 usd
psbd Investment Company Portfolio Turnover Longterm Investment
InvestmentCompanyPortfolioTurnoverLongtermInvestment
0.171 pure
psbd Investment Company Portfolio Turnover At Fair Value
InvestmentCompanyPortfolioTurnoverAtFairValue
0.173 pure
CY2023 psbd Investment Company Portfolio Turnover Longterm Investment
InvestmentCompanyPortfolioTurnoverLongtermInvestment
0.142 pure
CY2023 psbd Investment Company Portfolio Turnover At Fair Value
InvestmentCompanyPortfolioTurnoverAtFairValue
0.141 pure
CY2024Q2 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Redemption Restriction Percentage
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareRedemptionRestrictionPercentage
1 pure
CY2023Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Redemption Restriction Percentage
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareRedemptionRestrictionPercentage
1 pure
CY2024Q2 us-gaap Investments
Investments
1431576768 usd
CY2023Q4 us-gaap Investments
Investments
1108810753 usd
us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
1.50 pure
psbd Total Secured Note Principal Outstanding
TotalSecuredNotePrincipalOutstanding
300000000 usd
psbd Subordinated Notes Principal Outstanding
SubordinatedNotesPrincipalOutstanding
100500000 usd
psbd Description Of Subordinated Notes Credit Rating
DescriptionOfSubordinatedNotesCreditRating
Not rated
psbd Principal Outstanding
PrincipalOutstanding
400500000 usd
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
5485963 shares
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
5485963 shares
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
90200000 usd
psbd Aggregate Purchase Prices
AggregatePurchasePrices
5000000 usd
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
90200000 usd
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
90200000 usd
psbd Aggregate Purchase Prices
AggregatePurchasePrices
5000000 usd
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
149382 shares
CY2024Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
16.49
CY2024Q2 psbd Aggregate Unfunded Commitments
AggregateUnfundedCommitments
30000000 usd
CY2024Q2 psbd Unfunded Commitments
UnfundedCommitments
29997295 usd
CY2023Q4 psbd Unfunded Commitments
UnfundedCommitments
20107358 usd
CY2023Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
17.04
CY2022Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
14.96
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.23
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
1
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
149382 shares
CY2024Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
16.49
CY2024Q2 psbd Aggregate Unfunded Commitments
AggregateUnfundedCommitments
30000000 usd
CY2023Q4 psbd Aggregate Unfunded Commitments
AggregateUnfundedCommitments
20100000 usd
CY2024Q2 psbd Unfunded Commitments
UnfundedCommitments
29997295 usd
CY2023Q4 psbd Unfunded Commitments
UnfundedCommitments
20107358 usd
CY2023Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
17.04
CY2022Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
14.96
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1.11
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.23
us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
2.11
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.96
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.52
us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
0.77
us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
2.11
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.96
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.52
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-0.96
CY2024Q2 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.85
CY2024Q2 us-gaap Shares Outstanding
SharesOutstanding
32567405 shares
CY2023Q2 us-gaap Shares Outstanding
SharesOutstanding
25772963 shares
CY2024Q2 us-gaap Assets Net
AssetsNet
548790231 usd
us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
32081916 shares
us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
25025158 shares
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.0473 pure
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.1411 pure
us-gaap Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
0.17 pure
us-gaap Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
0.11 pure
us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.1428 pure
us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.133 pure
us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.1426 pure
us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.1305 pure
us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.1164 pure
us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.1379 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.1166 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.1404 pure
CY2024Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.47
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
usd
us-gaap Incentive Fee Expense
IncentiveFeeExpense
usd
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.16
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.88
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.94
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.08
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25025158 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25453970 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32081916 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32569280 shares
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
usd
us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
usd
us-gaap Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
usd
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-0.96
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-0.52
CY2024Q2 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.85
CY2023Q2 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.55
CY2024Q2 us-gaap Shares Outstanding
SharesOutstanding
32567405 shares
CY2023Q2 us-gaap Shares Outstanding
SharesOutstanding
25772963 shares
CY2024Q2 us-gaap Assets Net
AssetsNet
548790231 usd
CY2023Q2 us-gaap Assets Net
AssetsNet
426528796 usd
us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
32081916 shares
us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
25025158 shares
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.0473 pure
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.1411 pure
us-gaap Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
0.17 pure
us-gaap Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
0.11 pure
us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.1428 pure
us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.133 pure
us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.1426 pure
us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.1305 pure
us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.1164 pure
us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.1379 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.1166 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.1404 pure
CY2024Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.47
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
usd
CY2023Q4 us-gaap Incentive Fee Payable
IncentiveFeePayable
usd
CY2023Q2 us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
usd
us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
usd
CY2023Q2 us-gaap Incentive Fee Expense
IncentiveFeeExpense
usd
us-gaap Incentive Fee Expense
IncentiveFeeExpense
usd
CY2024Q2 us-gaap Other Operating Income
OtherOperatingIncome
usd
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.16
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.88
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.94
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32569280 shares
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
usd
us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
usd
us-gaap Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
psbd Reinvestment Of Distributions During The Period
ReinvestmentOfDistributionsDuringThePeriod
usd
psbd Distributions Payable
DistributionsPayable
usd
psbd Additional Renewed Period
AdditionalRenewedPeriod
P1Y
psbd Subordinated Notes Interest Rate Spread Over Secured Overnight Financing Rate
SubordinatedNotesInterestRateSpreadOverSecuredOvernightFinancingRate
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
0001794776
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
usd
psbd Reinvestment Of Distributions During The Period
ReinvestmentOfDistributionsDuringThePeriod
usd
psbd Additional Renewed Period
AdditionalRenewedPeriod
P1Y
psbd Subordinated Notes Interest Rate Spread Over Secured Overnight Financing Rate
SubordinatedNotesInterestRateSpreadOverSecuredOvernightFinancingRate
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
0001794776

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0001213900-24-066323-index-headers.html Edgar Link pending
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0001213900-24-066323.txt Edgar Link pending
0001213900-24-066323-xbrl.zip Edgar Link pending
ea0209976-10q_palmer.htm Edgar Link pending
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