v3.25.4
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Permanent Differences Reclassified for Tax Purposes
The following permanent differences were reclassified for tax purposes:
For the Years Ended December 31,
202520242023
Increase (decrease) in capital in excess of par value$89$(1,099)$(495)
Increase (decrease) in accumulated undistributed (overdistributed) earnings(89)1,099 495 
Schedule of Net Increase in Net Assets Resulting from Operations
The following table reconciles net increase in net assets resulting from operations to taxable income:
For the Years Ended December 31,
202520242023
Net increase (decrease) in net assets resulting from operations$117,737$206,473$114,558
Net change in unrealized (gain) loss113,759 (8,405)2,952 
Other income (loss) for tax but not book4,827 3,834 1,386 
Other income not currently taxable(6,946)(1,720)(731)
Expenses not currently deductible(660)2,348 448 
Other realized gain (loss) differences656 3,795 (3,979)
Taxable income before deductions for distributions$229,373$206,325$114,634
Schedule of Distributions Paid
For income tax purposes, distributions paid to stockholders are reported as ordinary income, return of capital, long term capital gains or a combination thereof. The following table provides the tax character of distributions paid:
For the Years Ended December 31,
202520242023
Ordinary income$249,201$186,789$105,328
Long-term capital gains— — — 
Return of capital— — — 
Total$249,201$186,789$105,328