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 $ 153,978 $ 286,033
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 174,913 (138,879)
Net change in unrealized (gains) losses on foreign currency transactions (40,896) 149,068
Net realized (gains) losses on investments (1,736) (8,987)
Net realized (gains) losses on foreign currency transactions (1) (51)
Net amortization of discount on investments (18,803) (32,318)
Amortization of deferred financing costs 5,215 6,254
Amortization of discount on debt 1,120 1,027
Purchases and originations of investments, net (1,425,370) (1,307,497)
Proceeds from investments, net 34,722 155,552
Repayments on investments 722,995 1,099,912
Paid-in-kind interest (31,384) (29,981)
Changes in operating assets and liabilities:    
Interest receivable (8,251) 3,155
Interest receivable paid-in-kind (5,301) (1,306)
Prepaid expenses and other assets (2,697) (1,713)
Management fees payable to affiliate 341 2,524
Incentive fees on net investment income payable to affiliate 573 4,804
Incentive fees on net capital gains accrued to affiliate (14,922) (2,835)
Other payables to affiliates 369 2,252
Other liabilities (3,907) 69,345
Net Cash Provided by (Used in) Operating Activities (459,042) 256,359
Cash Flows from Financing Activities    
Borrowings on debt 1,462,996 1,917,694
Repayments on debt (1,426,936) (2,201,893)
Deferred financing costs (6,798) (17,829)
Dividends paid to shareholders (192,402) (103,989)
Capital calls 250,000 0
Net Cash Provided by (Used in) Financing Activities 86,860 (406,017)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (372,182) (149,658)
Cash, cash equivalents and restricted cash, beginning of period 454,681 1,198,013
Cash, Cash Equivalents and Restricted Cash, End of Period 82,499 1,048,355
Supplemental Information:    
Interest paid during the period 108,612 87,216
Excise and other taxes paid during the period 6 17
Dividends declared during the period 218,168 195,116
Non-Cash Financing Activities:    
Reinvestment of dividends during the period $ 173,391 $ 84,866