v3.26.1
DEBT (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments

The summary information of the SMBC Facility is as follows:

 

 

 

For the Three Months Ended

 

 

 

March 31, 2026

 

 

March 31, 2025

 

Borrowing interest expense

 

$

2,885

 

 

$

1,771

 

Facility unused commitment fees

 

 

135

 

 

 

194

 

Amortization of deferred financing costs

 

 

152

 

 

 

141

 

Total

 

$

3,172

 

 

$

2,106

 

Weighted average interest rate(1)

 

 

5.91

 %

 

 

6.58

 %

Weighted average effective interest rate(2)

 

 

6.22

 %

 

 

7.10

 %

Weighted average outstanding balance

 

$

195,265

 

 

$

107,665

 

 

(1) Excludes unused fees and financing costs.

(2) Excludes unused fees.

The summary information of the Barclays Facility is as follows:

 

 

 

For the Three Months Ended

 

 

 

March 31, 2026

 

 

March 31, 2025

 

Borrowing interest expense

 

$

1,279

 

 

$

 

Facility unused commitment fees

 

 

134

 

 

 

 

Amortization of deferred financing costs

 

 

98

 

 

 

 

Total

 

$

1,511

 

 

$

 

Weighted average interest rate(1)

 

 

5.49

 %

 

 

 %

Weighted average effective interest rate(2)

 

 

5.91

 %

 

 

 %

Weighted average outstanding balance

 

$

93,244

 

 

$

 

 

(1) Excludes unused fees and financing costs.

(2) Excludes unused fees.