v3.25.1
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Investments at Fair Value Hierarchy (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: $ 1,260,853 [1] $ 1,177,507 [2]
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Significant Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 1,260,853 1,177,507
Private Loan portfolio investments    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 767,780 677,878
Private Loan portfolio investments | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Private Loan portfolio investments | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Private Loan portfolio investments | Significant Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 767,780 677,878
LMM portfolio investments    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 439,689 436,150
LMM portfolio investments | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
LMM portfolio investments | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
LMM portfolio investments | Significant Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 439,689 436,150
Middle Market portfolio investments    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 30,781 39,402
Middle Market portfolio investments | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Middle Market portfolio investments | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Middle Market portfolio investments | Significant Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 30,781 39,402
Other Portfolio investments    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 22,603 24,077
Other Portfolio investments | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Other Portfolio investments | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: 0 0
Other Portfolio investments | Significant Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments at fair value: $ 22,603 $ 24,077
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.
[2] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.