v3.25.4
Distributions (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Investment Company, Change in Net Assets During the years ended December 31, 2025, December 31, 2024 and December 31, 2023, the Company's reclassifications of amounts for book purposes arising from permanent book/tax differences primarily related to reclass of distributions were as follows:
 Year Ended December 31,
 202520242023
Undistributed net investment income$— $4,725 $790 
Distributions in excess of net realized gains— (3,626)(790)
Additional paid-in-capital— (1,099)— 
Schedule of Tax Character of Distributions The tax character of distributions paid by the Company for the years ended December 31, 2025, December 31, 2024 and December 31, 2023 was estimated to be as follows:
Year Ended December 31,
 202520242023
Ordinary income (non-qualified)$99,190 $114,050 $104,327 
Ordinary income (qualified)— — — 
Capital gains1,630 2,993 1,096 
Return of capital2,966 172 — 
Total$103,786 $117,215 $105,423 
The following information is hereby provided with respect to distributions declared during the years ended December 31, 2025, December 31, 2024 and December 31, 2023:
Year Ended December 31,
202520242023
Distributions per share$1.0970 $1.2950 $1.3160 
Ordinary dividends (1)95.57 %97.30 %98.96 %
Long-term capital gains1.57 %2.55 %1.04 %
Qualified dividend income— %— %— %
Dividends received deduction— %— %— %
Interest-related dividends (2)91.31 %93.87 %97.13 %
Qualified short-term capital gains (2)2.18 %— %— %
Return of capital2.86 %0.15 %— %
(1)Ordinary dividends are from the Company's net investment income and net short-term capital gains for the year. This type of dividend is reported as ordinary income. Ordinary dividend distributions from a RIC generally do not qualify for the preferential tax rate on dividend income from domestic corporations and qualified foreign corporations except to the extent that the RIC received the income in the form of qualifying dividends from domestic corporations and qualified foreign corporations. 
(2)Interest-related dividends and short-term capital gain dividends received by nonresident aliens and foreign corporations are generally eligible for exemption from U.S. withholding tax in accordance with Sections 871(k) and 881(e) of the Code.
Schedule of Costs of Investments for Tax Purposes
As of December 31, 2025 and December 31, 2024, the costs of investments for the Company for U.S. federal income tax purposes were $1,528,050 and $1,445,123, respectively.
December 31, 2025December 31, 2024
Tax cost$1,528,050 $1,445,123 
Gross unrealized appreciation on investments48,382 466,251 
Gross unrealized depreciation on investments(64,334)(465,719)
Total investments at fair value$1,512,098 $1,445,655 
Schedule of Components of Accumulated Earnings (Deficit)
For the years ended December 31, 2025, December 31, 2024 and December 31, 2023, the Company's components of accumulated earnings (deficit) on a tax basis were as follows:
 Year Ended December 31,
 202520242023
Accumulated capital gains (capital loss carryforwards)$— $— $— 
Other temporary differences(522)(541)(1,738)
Undistributed ordinary income— — — 
Unrealized appreciation (depreciation)(15,952)567 5,849 
Total$(16,474)$26 $4,111