v3.26.1
Fair Value of Financial Instruments - Changes in Fair Value of Investments Using Level 3 Inputs (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Balance, beginning of period $ 8,435,390 $ 7,176,460 $ 7,847,447 $ 7,099,575
Purchases or originations 476,904 382,988 1,416,950 1,159,199
Repayments / redemptions (482,370) (458,687) (684,461) (1,099,011)
Sales proceeds   (17,422) (3,088) (127,182)
Paid-in-kind interest 14,346 15,811 31,341 29,885
Net change in unrealized gains (losses) 1,472 117,267 (170,828) 138,244
Net realized gains (losses) $ 15 $ 7,214 $ 49 $ 7,674
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax
Net amortization of discount on securities $ 8,587 $ 16,736 $ 16,934 $ 31,983
Balance, End of Period 8,454,344 7,240,367 8,454,344 7,240,367
First-lien Debt Investments        
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Balance, beginning of period 8,001,078 6,686,427 7,398,928 6,728,411
Purchases or originations 458,535 382,321 1,391,246 1,059,498
Repayments / redemptions (482,370) (374,771) (684,461) (1,015,095)
Sales proceeds   (5,659) (3,088) (115,419)
Paid-in-kind interest 6,648 10,390 15,939 20,009
Net change in unrealized gains (losses) (8,418) 128,445 (151,174) 134,497
Net realized gains (losses) 15 26 49 486
Net amortization of discount on securities 8,282 11,530 16,331 26,322
Balance, End of Period 7,983,770 6,838,709 7,983,770 6,838,709
Second-lien Debt Investments        
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Balance, beginning of period 37,210 121,036 37,160 93,469
Purchases or originations       19,198
Repayments / redemptions   (83,916)   (83,916)
Paid-in-kind interest 1,418 1,229 2,772 2,167
Net change in unrealized gains (losses) (220) (11,140) (1,682) (4,055)
Net amortization of discount on securities 163 5,056 321 5,402
Balance, End of Period 38,571 32,265 38,571 32,265
Mezzanine Debt Investments        
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Balance, beginning of period 225,454 204,815 222,366 123,184
Purchases or originations       76,440
Paid-in-kind interest 6,280 4,192 12,630 7,709
Net change in unrealized gains (losses) (1,282) 935 (4,684) 2,500
Net amortization of discount on securities 142 150 282 259
Balance, End of Period 230,594 210,092 230,594 210,092
Equity Investments        
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Balance, beginning of period 164,313 164,182 188,993 154,511
Purchases or originations   667   4,063
Sales proceeds   (11,763)   (11,763)
Net change in unrealized gains (losses) 10,171 (973) (14,509) 5,302
Net realized gains (losses)   7,188   7,188
Balance, End of Period 174,484 $ 159,301 174,484 $ 159,301
Joint Venture Investments        
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Balance, beginning of period 7,335      
Purchases or originations 18,369   25,704  
Net change in unrealized gains (losses) 1,221   1,221  
Balance, End of Period $ 26,925   $ 26,925