v3.25.4
FAIR VALUE MEASUREMENTS - Level 3 Rollforward (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Debt and Equity Securities, Realized Gain (Loss) Debt and Equity Securities, Realized Gain (Loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, beginning of period $ 240,321 $ 49,645
Purchases of investments 308,720 [1] 204,227 [2]
Proceeds from principal repayments and sales of investments (29,643) [3] (15,462) [4]
Accretion of discount/amortization of premium 738 420
Payment-in-kind 663 167
Net change in unrealized appreciation (depreciation) (669) 1,260
Total gains (losses) included in earnings 0 64
Transfers into/out of Level 3 (2,013) [5] 0 [6]
Fair value, end of period 518,117 240,321
Fair Value Assets Measured Recurring Basis Change In Unrealized Gain Loss $ (568) $ 1,303
First Lien Debt    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Debt and Equity Securities, Realized Gain (Loss) Debt and Equity Securities, Realized Gain (Loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, beginning of period $ 239,278 $ 49,629
Purchases of investments 308,091 [1] 203,274 [2]
Proceeds from principal repayments and sales of investments (29,643) [3] (15,462) [4]
Accretion of discount/amortization of premium 737 419
Payment-in-kind 528 113
Net change in unrealized appreciation (depreciation) (645) 1,241
Total gains (losses) included in earnings 0 64
Transfers into/out of Level 3 (2,013) [5] 0 [6]
Fair value, end of period 516,333 239,278
Fair Value Assets Measured Recurring Basis Change In Unrealized Gain Loss $ (544) $ 1,284
Other Debt Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Debt and Equity Securities, Realized Gain (Loss) Debt and Equity Securities, Realized Gain (Loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, beginning of period $ 630 $ 0
Purchases of investments 0 [1] 577 [2]
Proceeds from principal repayments and sales of investments 0 [3] 0 [4]
Accretion of discount/amortization of premium 1 1
Payment-in-kind 88 48
Net change in unrealized appreciation (depreciation) (30) 4
Total gains (losses) included in earnings 0 0
Transfers into/out of Level 3 0 [5] 0 [6]
Fair value, end of period 689 630
Fair Value Assets Measured Recurring Basis Change In Unrealized Gain Loss $ (30) $ 4
Equity    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Debt and Equity Securities, Realized Gain (Loss) Debt and Equity Securities, Realized Gain (Loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value, beginning of period $ 413 $ 16
Purchases of investments 629 [1] 376 [2]
Proceeds from principal repayments and sales of investments 0 [3] 0 [4]
Accretion of discount/amortization of premium 0 0
Payment-in-kind 47 6
Net change in unrealized appreciation (depreciation) 6 15
Total gains (losses) included in earnings 0 0
Transfers into/out of Level 3 0 [5] 0 [6]
Fair value, end of period 1,095 413
Fair Value Assets Measured Recurring Basis Change In Unrealized Gain Loss $ 6 $ 15
[1] Purchases may include investments received in corporate actions and restructurings.
[2] Purchases may include investments received in corporate actions and restructurings.
[3] Sales may include investments delivered in corporate actions and restructurings.
[4] Sales may include investments delivered in corporate actions and restructurings.
[5] Transfer of portfolio investments within the three-level hierarchy is recorded during the period of such reclassification occurrence at the fair value as of the beginning of the respective period. Generally, reclassifications are primarily due to increase/decrease of price transparency.
[6] Transfer of portfolio investments within the three-level hierarchy is recorded during the period of such reclassification occurrence at the fair value as of the beginning of the respective period. Generally, reclassifications are primarily due to increase/decrease of price transparency.