v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net increase (decrease) in net assets from operations: $ (13,631) $ 31,553
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by (used for) operating activities:    
Purchases of investments (96,057) (112,387)
Payment-in-kind interest capitalized (7,611) (10,829)
Investments in affiliated money market fund, net 33,248 25,209
Proceeds from sales of investments and principal repayments 98,947 201,914
Net realized (gain) loss on investments 46 44,472
Net change in unrealized (appreciation) depreciation on investments 40,427 (27,490)
Net change in unrealized (appreciation) depreciation on foreign currency forward contracts and transactions (187) (52)
Net change in unrealized (appreciation) depreciation on interest rate swaps accounted for as hedge instruments and the related hedged items (72)  
Amortization of premium and accretion of discount, net (3,209) (5,021)
Amortization of deferred financing and debt issuance costs 2,250 2,111
Change in operating assets and liabilities:    
(Increase) decrease in interest and dividends receivable 1,800 4,504
(Increase) decrease in other assets (34,334) (589)
Increase (decrease) in interest and other debt expenses payable (17,314) (15,514)
Increase (decrease) in management fees payable 82 (99)
Increase (decrease) in incentive fees payable 8,594 474
Increase (decrease) in accrued expenses and other liabilities (2,546) (4,386)
Net cash provided by (used for) operating activities 10,433 133,870
Cash flows from financing activities:    
Offering costs paid   (229)
Distributions paid (39,399) (52,784)
Deferred financing and debt issuance costs paid (7,028) (329)
Borrowings on debt 986,542 469,295
Repayments of debt (951,792) (529,000)
Net cash provided by (used for) financing activities (11,677) (113,047)
Net increase (decrease) in cash (1,244) 20,823
Effect of foreign exchange rate changes on cash (116) 141
Cash, beginning of period 43,211 61,795
Cash, end of period 41,851 82,759
Supplemental and non-cash activities    
Interest expense paid 44,072 40,698
Accrued but unpaid excise tax expense 1,203 1,580
Accrued but unpaid distributions $ 36,022 56,303
Exchange of investments   $ 70,695