v3.25.4
Fair Value Measurement - Summary of Ranges of Significant Unobservable Inputs Used to Value Level 3 Assets (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value $ 329,255 $ 582,495
1st Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 204,984 419,988
1st Lien/Last-Out Unitranche    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 86,354 142,219
2nd Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 28,835 16,934
Preferred Stock    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 5,728  
Common Stock    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 3,354 3,354
Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 329,255 582,495
Level 3 | 1st Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 204,984 419,988
Level 3 | 1st Lien/Last-Out Unitranche    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 86,354 142,219
Level 3 | 2nd Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 28,835 16,934
Level 3 | Preferred Stock    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 5,728  
Level 3 | Common Stock    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value 3,354 3,354
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2] $ 204,984 $ 196,725
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Senior Secured Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3] 0.089 0.083
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Senior Secured Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3] 0.178 0.301
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Senior Secured Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4] 0.104 0.11
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Last-Out Unitranche    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2] $ 51,336 $ 65,492
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Last-Out Unitranche | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3] 0.082  
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Last-Out Unitranche | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3] 0.119  
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 1st Lien/Last-Out Unitranche | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4] 0.105 0.136
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 2nd Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2] $ 13,062 $ 11,119
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 2nd Lien/Senior Secured Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3] 0.193 0.132
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 2nd Lien/Senior Secured Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3] 0.236 0.201
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | 2nd Lien/Senior Secured Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4] 0.222 0.178
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Collateral Analysis | Measurement Input, Recovery Rate | 1st Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2]   $ 15,152
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Collateral Analysis | Measurement Input, Recovery Rate | 1st Lien/Senior Secured Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3]   0.175
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Collateral Analysis | Measurement Input, Recovery Rate | 1st Lien/Senior Secured Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3]   1
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Technique, Collateral Analysis | Measurement Input, Recovery Rate | 1st Lien/Senior Secured Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4]   0.986
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, EV/EBITDA | 1st Lien/Last-Out Unitranche    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2] $ 7,506  
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, EV/EBITDA | 1st Lien/Last-Out Unitranche | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4] 0.087  
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, EV/EBITDA | 2nd Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2] $ 15,773 $ 5,815
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, EV/EBITDA | 2nd Lien/Senior Secured Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4] 8.5 8.5
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, Revenue | 1st Lien/Senior Secured Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments, Fair Value [1],[2]   $ 38,096
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, Revenue | 1st Lien/Senior Secured Debt | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3]   0.01
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, Revenue | 1st Lien/Senior Secured Debt | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [3]   0.025
Bank Loans, Corporate Debt and Other Debt Obligations | Level 3 | Valuation Techniques, Comparable Multiples | Measurement Input, Revenue | 1st Lien/Senior Secured Debt | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range of Significant Unobservable Inputs [4]   1.8
Equity Securities [Member] | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | Preferred Stock    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity, Fair Value [1],[2] $ 5,728  
Equity Securities [Member] | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | Preferred Stock | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity, Range of Significant Unobservable Inputs [4] 0.206  
Equity Securities [Member] | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | Common Stock    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity, Fair Value [1],[2] $ 3,354 $ 3,354
Equity Securities [Member] | Level 3 | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate | Common Stock | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity, Range of Significant Unobservable Inputs [4] 0.285 0.29
[1] As of December 31, 2024, included within Level 3 assets of $582,495 is an amount of $246,742 for which the Investment Adviser did not develop the unobservable inputs (examples include single source broker quotations, third party pricing, and transaction prices). The income approach was used in the determination of fair value for $273,336 or 47.2% of Level 3 bank loans, corporate debt, and other debt obligations.
[2] As of December 31, 2025, included within Level 3 assets of $329,255 is an amount of $27,512 for which the Investment adviser did not develop the unobservable inputs (examples include single source broker quotations, third party pricing, and transaction prices). The income approach was used in the determination of fair value for $269,382 or 84.1% of Level 3 bank loans, corporate debt, and other debt obligations.
[3] The range for an asset category consisting of a single investment, if any, is not meaningful and therefore has been excluded.
[4] Weighted average for an asset category consisting of multiple investments is calculated by weighting the significant unobservable input by the relative fair value of the investment. Weighted average for an asset category consisting of a single investment represents the significant unobservable input used in the fair value of the investment.