v3.25.2
Investments - Schedule of Investment Portfolio (Details) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Schedule of Investments [Line Items]    
Investments at Cost $ 1,266,301 [1],[2],[3],[4] $ 834,884 [5],[6],[7],[8]
Investments at Fair Value $ 1,275,931 [1],[2],[3],[4] $ 842,856 [5],[6],[7],[8]
Investments, Total | Investment Concentration Risk    
Schedule of Investments [Line Items]    
Fair Value Percentage of Total Portfolio 100.00% 100.00%
Senior Mortgage    
Schedule of Investments [Line Items]    
Investments at Cost $ 1,202,337 $ 791,903
Investments at Fair Value $ 1,211,613 $ 799,660
Senior Mortgage | Investments, Total | Investment Concentration Risk    
Schedule of Investments [Line Items]    
Fair Value Percentage of Total Portfolio 95.00% 94.90%
Mezzanine    
Schedule of Investments [Line Items]    
Investments at Cost $ 25,096 $ 14,067
Investments at Fair Value $ 25,408 $ 14,204
Mezzanine | Investments, Total | Investment Concentration Risk    
Schedule of Investments [Line Items]    
Fair Value Percentage of Total Portfolio 2.00% 1.70%
Real Estate Securities    
Schedule of Investments [Line Items]    
Investments at Cost $ 38,868 $ 28,914
Investments at Fair Value $ 38,910 $ 28,992
Real Estate Securities | Investments, Total | Investment Concentration Risk    
Schedule of Investments [Line Items]    
Fair Value Percentage of Total Portfolio 3.00% 3.40%
[1] All debt investments are income-producing, unless otherwise noted.
[2] All investments are U.S. domiciled.
[3] All of the Company's investments, except the investments noted by this footnote, are qualifying assets under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time the acquisition is made, qualifying assets represent at least 70% of the Company's total assets. As of June 30, 2025, qualifying assets represent 100.0% of the Company's total assets.
[4] All of the Company’s investments are Non-Control/Non-Affiliate investments. Non-Control/Non-Affiliate investments are defined as investments in which the Company own less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.
[5] All of the Company’s investments are Non-Control/Non-Affiliate investments. Non-Control/Non-Affiliate investments are defined as investments in which the Company own less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.
[6] All debt investments are income-producing, unless otherwise noted.
[7] All investments are U.S. domiciled.
[8] All of the Company's investments, except the investments noted by this footnote, are qualifying assets under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time the acquisition is made, qualifying assets represent at least 70% of the Company's total assets. As of December 31, 2024, qualifying assets represent 100.0% of the Company's total assets.