v3.25.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net Investment Income [Line Items]        
Investment Income, Net, Total $ 24,962 $ 34,674 $ 54,439 $ 69,846
Interest income paid-in-kind 21,172 16,277 35,454 28,272
Expenses        
Incentive fees   (33,616) (35,680) (36,365)
Interest and credit facility expenses 4,540 6,056 9,876 12,430
Management fees 3,375 3,507 7,149 6,978
Interest expense on repurchase transactions 876 339 1,651 617
Administrative fees 198 264 432 525
Professional fees 267 292 407 513
Directors' fees 98 98 196 198
Other expenses 29 41 95 75
Total expenses 9,383 (23,019) (15,874) (15,029)
Net investment income 15,579 57,693 70,313 84,875
Net realized loss:        
Non-controlled/non-affiliated investments (97,391)   (97,391)  
Controlled affiliated investments     (4,252)  
Net change in unrealized appreciation/(depreciation):        
Non-controlled/non-affiliated investments 89,375 (27,431) 34,416 (32,499)
Non-controlled affiliated investments (13,683) (3,116) (27,663) (5,683)
Controlled affiliated investments (23,744) (14,911) (21,231) (22,726)
Net realized gain on short-term investments 798 291 1,538 548
Net realized and unrealized loss on investments (44,645) (45,167) (114,583) (60,360)
Net (decrease) increase in Members' Capital from operations $ (29,066) $ 12,526 $ (44,270) $ 24,515
Basic and diluted:        
(Loss) income per unit, Basic $ (2.12) $ 0.91 $ (3.22) $ 1.78
(Loss) income per unit, Diluted $ (2.12) $ 0.91 $ (3.22) $ 1.78
Units outstanding, Basic 13,734,010 13,734,010 13,734,010 13,734,010
Units outstanding, Diluted 13,734,010 13,734,010 13,734,010 13,734,010
Non-controlled/non-affiliated investments        
Net Investment Income [Line Items]        
Interest income $ 2,111 $ 16,650 $ 15,938 $ 37,378
Interest income paid-in-kind 13,068 11,797 19,346 20,515
Other fee income 74 174 74 174
Non-Controlled Affiliated Investments        
Net Investment Income [Line Items]        
Interest income 21 826 823 1,715
Interest income paid-in-kind 2,668 1,287 4,464 2,526
Controlled Affiliated Investments        
Net Investment Income [Line Items]        
Interest income 1,513 735 2,079 2,295
Interest income paid-in-kind 5,436 3,193 11,644 5,231
Other fee income $ 71 $ 12 $ 71 $ 12