v3.26.1
Earning Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Summary of Net Earnings (Loss) Per Common Share

For the year ended December 31, 2025, net earnings per common share is computed as below ($ in thousands, except per share data):

 

 

Year Ended December 31, 2025

 

 

 

Class B

 

 

Class R

 

 

Class J-1

 

 

Class J-2

 

 

Class J-4

 

 

Class S

 

 

Class I

 

 

Class E

 

 

Total

 

Net income

 

$

31,752

 

 

$

6,261

 

 

$

18,312

 

 

$

4,077

 

 

$

2,995

 

 

$

560

 

 

$

2,713

 

 

$

2,164

 

 

$

68,834

 

Weighted average number of common shares outstanding

 

 

21,059

 

 

 

4,144

 

 

 

12,720

 

 

 

2,847

 

 

 

2,453

 

 

 

457

 

 

 

2,215

 

 

 

1,279

 

 

 

47,174

 

Earnings per common share — basic and diluted

 

$

1.51

 

 

$

1.51

 

 

$

1.44

 

 

$

1.43

 

 

$

1.22

 

 

$

1.23

 

 

$

1.22

 

 

$

1.69

 

 

$

1.46

 

For the period from June 4, 2024 (Date of Formation) through December 31, 2024, net earnings (loss) per common share is computed as below ($ in thousands, except per share data):

 

 

From June 4, 2024 (Date of Formation) through December 31, 2024

 

Net income

 

$

1,138

 

Weighted average number of common shares outstanding

 

 

4,557

 

Earnings per common share — basic and diluted

 

$

0.25