v3.25.2
Consolidated Statements of Assets And Liabilities (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Investment owned, at cost $ 2,168,239 [1] $ 2,039,566 [2]
Cash equivalents at cost 348,904 397,510
Debt instrument, face amount 1,181,260 1,041,093
Debt issuance costs $ 8,111 $ 9,399
Common stock, par or stated value per share $ 0.01 $ 0.01
Common stock, shares authorized 200,000,000 200,000,000
Common stock, shares, issued 54,554,634 54,554,634
Common stock, shares, outstanding 54,554,634 54,554,634
Companies less than 5% owned [Member]    
Investment owned, at cost $ 1,139,331 $ 1,019,357
Companies 5% to 25% owned [Member]    
Investment owned, at cost 106,667 103,655
Companies more than 25% owned [Member]    
Investment owned, at cost $ 922,241 $ 916,554
[1] Aggregate net unrealized appreciation for U.S. federal income tax purposes is $8,255; aggregate gross unrealized appreciation and depreciation for U.S. federal tax purposes is $124,489 and $116,234, respectively, based on a tax cost of $2,126,683. Unless otherwise noted, all of the Company’s investments are pledged as collateral against the borrowings outstanding on the senior secured credit facility. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale, and may be deemed to be “restricted securities” under the Securities Act. All investments are Level 3 unless otherwise indicated.
[2] Aggregate net unrealized appreciation for U.S. federal income tax purposes is $7,625; aggregate gross unrealized appreciation and depreciation for U.S. federal tax purposes is $109,461 and $101,836, respectively, based on a tax cost of $1,998,009. Unless otherwise noted, all of the Company’s investments are pledged as collateral against the borrowings outstanding on the senior secured credit facility. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale, and may be deemed to be “restricted securities” under the Securities Act. All investments are Level 3 unless otherwise indicated.