v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income    
Total Investment Income $ 93,397 $ 116,349
Expenses    
Interest 28,258 32,971
Management fees 12,593 13,083
Incentive fees on net investment income 8,451 11,516
Incentive fees on net capital gains 0 (3,686)
Professional fees 1,743 1,961
Directors’ fees 254 248
Other general and administrative 1,369 1,337
Total expenses 52,668 57,430
Management and incentive fees waived (Note 3) (317) (409)
Net Expenses 52,351 57,021
Net Investment Income Before Income Taxes 41,046 59,328
Income taxes, including excise taxes 1,204 1,350
Net Investment Income 39,842 57,978
Net change in unrealized gains (losses):    
Net Unrealized gains (losses) on investments (34,925) (10,817)
Translation of other assets and liabilities in foreign currencies 8,401 (11,043)
Total net change in unrealized gains (losses) (26,524) (21,860)
Realized gains (losses):    
Realized gains (losses) on investments (39,257) 1,115
Foreign currency transactions (86) (278)
Total net realized gains (losses) (39,343) 837
Total Net Unrealized and Realized Gains (Losses) (65,867) (21,023)
Increase (Decrease) in Net Assets Resulting from Operations $ (26,025) $ 36,955
Earnings per common share—basic $ (0.27) $ 0.39
Weighted average shares of common stock outstanding—basic 94,709,407 93,669,671
Earnings per common share - diluted $ (0.27) $ 0.39
Weighted average shares of common stock outstanding - diluted 94,709,407 93,669,671
Non-controlled, Non-affiliated Investments    
Income    
Interest from investments $ 81,807 $ 104,192
Paid-in-kind interest income 6,969 5,360
Dividend income 237 908
Other income 2,181 3,459
Total Investment Income 91,194 113,919
Net change in unrealized gains (losses):    
Net Unrealized gains (losses) on investments (32,688) (9,438)
Realized gains (losses):    
Realized gains (losses) on investments (39,257) 1,115
Non-controlled, Affiliated Investments    
Income    
Dividend income 223 0
Total Investment Income 223 0
Controlled, Affiliated Investments    
Income    
Interest from investments 1,971 2,429
Dividend income 0  
Other income 9 1
Total Investment Income 1,980 2,430
Net change in unrealized gains (losses):    
Net Unrealized gains (losses) on investments $ (2,237) $ (1,379)