v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Non-controlled/non-affiliated investments:    
Interest income $ 29,955 $ 12,917
Payment-in-kind interest income 248 0
Fee income 672 597
Controlled/affiliated investments:    
Dividend income 1,816 911
Total investment income 32,691 14,425
Expenses    
Interest expense 10,512 5,842
Income incentive fees (Note 3) 2,428 979
Management fees (Note 3) 1,629 602
Professional fees 667 421
Administration fees (Note 3) 407 150
Other general & administrative 188 71
Capital gains incentive fees (Note 3) 0 44
Amortization of offering costs 0 31
Total expenses 15,831 8,140
Expense reimbursement (Note 3) (135) (353)
Management fees waived (Note 3) 0 (170)
Net expenses 15,696 7,617
Net investment income (loss) 16,995 6,808
Net realized gain (loss):    
Non-controlled/non-affiliated investments 58 12
Foreign currency transactions 6 0
Net realized gain (loss) 64 12
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) (8,653) 343
Net realized gain (loss) and change in unrealized appreciation (depreciation) (8,589) 355
Net increase (decrease) in net assets resulting from operations 8,406 7,163
Non-controlled/Non-affiliated Investments [Member]    
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) (8,223) 256
Controlled/Affiliated Investments [Member]    
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) $ (430) $ 87