v3.25.4
DEBT - Schedule of Long-Term Debt (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]      
Amortization of deferred financing costs $ 635 $ 396 $ 104
Weighted average effective interest rate [1] 6.84% 8.38% 10.59%
Line of Credit      
Debt Instrument [Line Items]      
Weighted average interest rate [2] 6.42% 7.27% 8.62%
Weighted average outstanding balance $ 150,205 $ 35,175 $ 11,476
SMBC Facility | Line of Credit      
Debt Instrument [Line Items]      
Borrowing interest expense 9,439 2,600 456
Facility unused commitment fees 684 601 153
Amortization of deferred financing costs 594 396 104
Total $ 10,717 $ 3,597 $ 713
Weighted average interest rate [3] 6.45% 7.27% 8.62%
Weighted average effective interest rate [4] 6.86% 8.38% 10.59%
Weighted average outstanding balance $ 144,288 $ 35,175 $ 11,476
Barclays Facility | Line of Credit      
Debt Instrument [Line Items]      
Borrowing interest expense 338 [5] 0 0
Facility unused commitment fees 70 [5] 0 0
Amortization of deferred financing costs 39 [5] 0 0
Total $ 447 [5] $ 0 $ 0
Weighted average interest rate [6] 5.64% [5] 0.00% 0.00%
Weighted average effective interest rate [7] 6.29% [5] 0.00% 0.00%
Weighted average outstanding balance $ 60,000 [5] $ 0 $ 0
[1] Excludes unused fees.
[2] Excludes unused fees and financing costs.
[3] Excludes unused fees and financing costs.
[4] Excludes unused fees.
[5] Calculated for the period from November 26, 2025 (Barclays Funding Facility closing date) through December 31, 2025.
[6] Excludes unused fees and financing costs.
[7] Excludes unused fees.