v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Investment income    
Dividend and other income $ 21,766 $ 31,366
Total investment income 21,766 31,366
Operating expenses    
Performance participation allocation 11,066 15,358
Management fee expense 20,060 10,129
General and administration expenses 2,863 1,640
Professional fees 2,252 1,904
Interest expense 4,331 1,831
Directors' fees and expenses 124 127
Total operating expenses 40,696 30,989
Add: Expenses recouped by Manager 3,970 2,148
Less: Management fee and expense credits (11,500) (10,129)
Net operating expenses 33,166 23,008
Net investment income (loss) (11,400) 8,358
Net realized gain (loss) on    
Foreign currency (1,131) 772
Foreign currency forward contracts 20,186 (414)
Total net realized gain (loss) 19,055 358
Net change in unrealized appreciation (depreciation) before income taxes on    
Investments 80,105 65,982
Foreign currency (52) 24
Foreign currency translation (87,901) 101,852
Foreign currency forward contracts 64,763 (77,171)
Total net change in unrealized appreciation (depreciation) before income taxes 56,915 90,687
Provision for (benefit from) income taxes 2,652 2,981
Total net change in unrealized appreciation (depreciation) after income taxes 54,263 87,706
Net income (loss) $ 61,918 $ 96,422