v3.26.1
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Investments, at fair value    
Total investments, at fair value $ 3,228,940 $ 3,261,721
Cash 41,851 43,211
Interest and dividends receivable 25,127 26,927
Deferred financing costs 12,444 13,245
Other assets 32,019 2,419
Total assets 3,342,857 3,383,247
Liabilities    
Debt (net of debt issuance costs of $14,272 and $8,169) [1] 1,898,158 1,874,620
Interest and other debt expenses payable 8,757 25,546
Management fees payable 8,263 8,181
Incentive fees payable 12,438 3,844
Distribution payable 36,022 36,022
Secured borrowings 3,127 3,366
Accrued expenses and other liabilities 6,103 8,649
Total liabilities 1,972,868 1,960,228
Commitments and contingencies (Note 8)
Net assets    
Common stock, par value $0.001 per share (200,000,000 shares authorized, 112,569,067 and 112,569,067 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively) 113 113
Paid-in capital in excess of par 1,879,601 1,879,601
Distributable earnings (loss) (509,725) (456,695)
Total net assets 1,369,989 1,423,019
Total liabilities and net assets $ 3,342,857 $ 3,383,247
Net asset value per share [2],[3] $ 12.17 $ 12.64
Non-Controlled/Non-Affiliated Investments    
Investments, at fair value    
Total investments, at fair value $ 3,159,468 $ 3,171,677
Non-Controlled Affiliated Investments    
Investments, at fair value    
Total investments, at fair value 69,472 90,044
Controlled Affiliated Investments    
Investments, at fair value    
Investments in affiliated money market fund, Cost $ 2,476 $ 35,724
[1] The carrying value is presented net of the unamortized debt issuance costs and includes the cumulative hedging adjustments for those borrowings that are designated in a fair value hedging relationship, as applicable.
[2] Amount rounds to less than $0.01
[3] The per share data was derived by using the weighted average shares outstanding during the applicable period that the shares were outstanding, except for distributions recorded, which reflects the actual amount per share for the applicable period.