v3.25.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Components of the Company's Investment Income
The components of the Company’s investment income were as follows:
For the Years Ended December 31,
202520242023
Interest income$483,019 $365,634 $207,338 
PIK interest income21,033 15,868 7,694 
Dividend income (1)
6,946 1,599 569 
Other income
2,506 10,887 2,184 
Prepayment gain (loss)6,840 7,036 1,146 
Accretion of discounts and amortization of premiums13,580 9,895 5,713 
Total investment income$533,924 $410,919 $224,644 
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(1)During the years ended December 31, 2025, 2024 and 2023, dividend income includes PIK dividends of $2,208, $1,403 and $484, respectively.
Schedule of Restrictions on Cash and Cash Equivalents As of December 31, 2025 and December 31, 2024, restricted cash and cash equivalents consisted of the following:
December 31, 2025December 31, 2024
Restricted cash and cash equivalents:
SPV$19,465 $28,847 
SPV II34,572 20,764 
SPV III9,746 3,375 
SPV IV13,552 36,974 
SPV V10,618 — 
2022 Issuer27,684 25,102 
2023 Issuer10,820 9,328 
2025 Issuer20,574 — 
Total restricted cash and cash equivalents$147,031 $124,390