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:    
Net increase (decrease) in net assets resulting from operations $ 17,241 $ 22,215
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) in operating activities:    
Net realized (gains)/losses on investments 2,247 (566)
Net change in unrealized (gains)/losses on investments 9,021 6,511
Net accretion of discount on investments (3,235) (3,467)
Sales (purchases) of investments in money market funds, net 7,061 20,067
Purchases of portfolio investments (88,832) (287,737)
Proceeds from sales of investments and principal repayments 91,721 113,990
Paid-in-kind interest from portfolio investments (4,273) (306)
Amortization of deferred financing cost 1,119 921
Increase/(decrease) in operating assets and liabilities:    
(Increase)/decrease in deposits for investments 13,015 0
(Increase)/decrease in receivable for sales of investments 7,168 0
(Increase)/decrease in interest and dividends receivable (2,889) (2,327)
(Increase)/decrease in receivable for principal payments on investments (414) 320
Increase/(decrease) in accrued excise tax expense (475) (825)
(Increase)/decrease in prepaid expenses and other assets 40 668
Increase/(decrease) in management fees payable (197) 136
Increase/(decrease) in incentive fee payable (824) 4,490
Increase/(decrease) in accrued expenses and other liabilities (7,688) (1,330)
Net cash provided by (used in) operating activities 39,806 (127,240)
Cash Flows from Financing Activities:    
Borrowings/(payments) on Corporate Credit Facility, net (20,000) (56,000)
Borrowings on Revolving Funding Facility, net 28,000 157,000
Borrowings on Revolving Funding Facility II, net 0 56,500
Payments of debt issuance costs (2,522) (3,507)
Change in payable for shares repurchased (399) 144
Dividends paid in cash (27,213) (31,524)
Repurchase of common shares (21,385) (384)
Net cash provided by (used in) financing activities (43,519) 122,229
Net increase (decrease) in cash (3,713) (5,011)
Cash, beginning of period 18,027 22,375
Cash, end of period 14,314 17,364
Supplemental and Non-Cash Information:    
Interest paid during the period 25,277 17,838
Non-cash financing activities not included herein consisted of reinvestment of dividends $ 0 $ 4,027