v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Increase (decrease) in net assets resulting from operations $ (26,025) $ 36,955
Adjustments to reconcile increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net change in unrealized (gains) losses on investments 34,925 10,817
Net change in unrealized (gains) losses on foreign currency transactions (8,401) 11,043
Net realized (gains) losses on investments 39,257 (1,115)
Net realized (gains) losses on foreign currency transactions 3 (25)
Net amortization of discount on investments (4,637) (6,159)
Amortization of deferred financing costs 1,718 1,494
Amortization of discount on debt 495 395
Purchases and originations of investments, net (162,769) (183,742)
Proceeds from investments, net 8,173 3,721
Repayments on investments 125,650 288,163
Paid-in-kind interest (6,719) (5,281)
Changes in operating assets and liabilities:    
Interest receivable (164) (561)
Interest receivable paid-in-kind (251) (80)
Prepaid expenses and other assets (996) (2,090)
Management fees payable to affiliate (519) (279)
Incentive fees on net investment income payable to affiliate (1,885) (497)
Incentive fees on net capital gains accrued to affiliate 0 (3,686)
Payable to affiliate (358) (934)
Other liabilities (20,851) 1,780
Net Cash Provided by (Used in) Operating Activities (23,354) 149,919
Cash Flows from Financing Activities    
Borrowings on debt 310,289 530,044
Repayments on debt (238,395) (609,518)
Deferred financing costs 0 (7,303)
Dividends paid to stockholders (39,024) (43,201)
Net Cash Provided by (Used in) Financing Activities 32,870 (129,978)
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 9,516 19,941
Cash, cash equivalents, and restricted cash, beginning of period 19,662 27,328
Cash, Cash Equivalents, and Restricted Cash, End of Period 29,178 47,269
Supplemental Information:    
Interest paid during the period 43,841 45,459
Excise and other taxes paid during the period 4,604 4,500
Dividends declared during the period 44,511 49,641
Non-Cash Financing Activities:    
Reinvestment of dividends during the period $ 5,488 $ 6,440