v3.25.2
SECURED BORROWINGS - Schedule of Components of Interest Expense and Debt Financing Expenses (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Debt Instrument [Line Items]        
Borrowing interest expense $ 13,798 $ 1,029 $ 27,467 $ 3,909
Unused fees 355 200 647 303
Amortization of deferred financing costs 1,480 42 1,759 85
Total interest and debt financing expenses $ 15,633 $ 1,271 $ 29,873 $ 4,297
Average interest rate 6.47% 9.36% 6.53% 8.45%
Average daily borrowings $ 877,676 $ 52,925 $ 868,056 $ 100,214
Bank of America Credit Facility | Secured Borrowings | Credit Facility        
Debt Instrument [Line Items]        
Borrowing interest expense 3,424 1,029 7,835 3,909
Unused fees 134 200 201 303
Amortization of deferred financing costs 189 42 318 85
Total interest and debt financing expenses 3,747 1,271 8,354 4,297
Scotiabank Credit Facility | Secured Borrowings | Credit Facility        
Debt Instrument [Line Items]        
Borrowing interest expense 3,147 0 7,589 0
Unused fees 161 0 386 0
Amortization of deferred financing costs 1,083 0 1,121 0
Total interest and debt financing expenses 4,391 0 9,096 0
SMBC Revolving Credit Facility | Secured Borrowings | Credit Facility        
Debt Instrument [Line Items]        
Borrowing interest expense 127 0 127 0
Unused fees 60 0 60 0
Amortization of deferred financing costs 35 0 35 0
Total interest and debt financing expenses 222 0 222 0
CLO-I | Secured Borrowings | Credit Facility        
Debt Instrument [Line Items]        
Borrowing interest expense 4,709 0 9,525 0
Amortization of deferred financing costs 113 0 225 0
Total interest and debt financing expenses 4,822 0 9,750 0
CLO-II | Secured Borrowings | Credit Facility        
Debt Instrument [Line Items]        
Borrowing interest expense 2,391 0 2,391 0
Amortization of deferred financing costs 60 0 60 0
Total interest and debt financing expenses $ 2,451 $ 0 $ 2,451 $ 0