v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Increase (decrease) in net assets resulting from operations $ 14,483 $ 95,957
Adjustments to reconcile increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net change in unrealized (gains) losses on investments 38,295 (59,986)
Net change in unrealized (gains) losses on foreign currency transactions (11,316) 36,807
Net realized (gains) losses on investments 38,462 35,688
Net realized (gains) losses on foreign currency transactions 3 41
Net amortization of discount on investments (8,083) (14,125)
Amortization of deferred financing costs 3,480 3,231
Amortization of discount on debt 1,063 868
Purchases and originations of investments, net (347,801) (459,501)
Proceeds from investments, net 10,409 65,262
Repayments on investments 325,060 667,906
Paid-in-kind interest (11,149) (10,952)
Changes in operating assets and liabilities:    
Interest receivable (281) 5,968
Interest receivable paid-in-kind (2,542) (191)
Prepaid expenses and other assets (256) (46,161)
Management fees payable to affiliate (304) (333)
Incentive fees on net investment income payable to affiliate (1,664) (924)
Incentive fees on net capital gains accrued to affiliate 0 (2,249)
Payable to affiliate 191 1,725
Other liabilities (3,055) 24,087
Net Cash Provided by (Used in) Operating Activities 44,995 343,118
Cash Flows from Financing Activities    
Borrowings on debt 651,906 739,692
Repayments on debt (441,265) (977,811)
Deferred financing costs (8,093) (7,317)
Dividends paid to stockholders (73,150) (85,841)
Purchases of treasury stock (500) 0
Net Cash Provided by (Used in) Financing Activities 128,898 (331,277)
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 173,893 11,841
Cash, cash equivalents, and restricted cash, beginning of period 19,662 27,328
Cash, Cash Equivalents, and Restricted Cash, End of Period 193,555 39,169
Supplemental Information:    
Interest paid during the period 52,925 61,461
Excise and other taxes paid during the period 4,605 4,607
Dividends declared during the period 84,419 98,503
Non-Cash Financing Activities:    
Reinvestment of dividends during the period $ 11,270 $ 12,662