v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

The Company's outstanding debt was as follows:

 

 

March 31, 2026

 

 

December 31, 2025

 

 

Aggregate
Borrowing
Amount
Committed

 

 

Amount
Available

 

 

Carrying
Value

 

 

Aggregate
Borrowing
Amount
Committed

 

 

Amount
Available

 

 

Carrying
Value

 

Credit Facility(1)

$

750,000

 

 

$

321,650

 

 

$

428,350

 

 

$

480,000

 

 

$

30,150

 

 

$

449,850

 

Total debt

$

750,000

 

 

$

321,650

 

 

$

428,350

 

 

$

480,000

 

 

$

30,150

 

 

$

449,850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Provides, under certain circumstances, a total borrowing capacity of $1,000,000.
Schedule of Credit Facility

The following table presents summary information regarding the Credit Facility:

 

 

 

For the Three Months Ended

 

 

For the Three Months Ended

 

 

 

 

March 31, 2026

 

 

March 31, 2025

 

 

Borrowing interest expense

 

$

5,984

 

 

$

4,142

 

 

Facility fees

 

 

423

 

 

 

472

 

 

Amortization of financing costs

 

 

360

 

 

 

289

 

 

Total

 

$

6,767

 

 

$

4,903

 

 

Weighted average interest rate

 

 

5.53

%

 

 

6.61

%

 

 Average outstanding balance

 

$

438,444

 

 

$

254,133