v3.25.1
Consolidated Schedule of Investments In and Advances to Affiliates - Footnote (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
 [2]
Mar. 31, 2024
Dec. 31, 2023
Schedule of Investments [Line Items]        
Fair value $ 1,260,853 [1] $ 1,177,507    
Affiliate investments        
Schedule of Investments [Line Items]        
Fair value 367,260 [1],[3] 351,360 [4] $ 289,329 $ 291,279
Affiliate investments | Midwest        
Schedule of Investments [Line Items]        
Fair value $ 146,496   $ 108,671  
Net assets, percentage (as a percent) 20.40%   17.60%  
Affiliate investments | Northeast        
Schedule of Investments [Line Items]        
Fair value $ 37,791   $ 36,551  
Net assets, percentage (as a percent) 5.30%   5.90%  
Affiliate investments | Southeast        
Schedule of Investments [Line Items]        
Fair value $ 38,883   $ 31,433  
Net assets, percentage (as a percent) 5.40%   5.10%  
Affiliate investments | Southwest        
Schedule of Investments [Line Items]        
Fair value $ 113,206   $ 87,833  
Net assets, percentage (as a percent) 15.70%   14.20%  
Affiliate investments | West        
Schedule of Investments [Line Items]        
Fair value $ 30,884   $ 24,841  
Net assets, percentage (as a percent) 4.30%   4.00%  
Control investments        
Schedule of Investments [Line Items]        
Fair value $ 69,273 [1],[5] $ 69,878 [6] $ 53,644 $ 53,644
Control investments | Southwest        
Schedule of Investments [Line Items]        
Fair value $ 55,869   $ 53,076  
Net assets, percentage (as a percent) 7.80%   8.60%  
Control investments | West        
Schedule of Investments [Line Items]        
Fair value $ 514   $ 568  
Net assets, percentage (as a percent) 0.10%   0.10%  
[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.
[3] Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments.
[4] Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% (inclusive) of the voting securities are owned and the investments are not classified as Control investments.
[5] Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained.
[6] Control investments are defined by the 1940 Act as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained.