v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income:        
Interest on cash and cash equivalents $ 858 $ 1,507 $ 2,831 $ 4,293
Total interest income 61,636 69,390 193,812 218,335
PIK interest income:        
Total PIK interest income 5,209 5,070 12,512 15,329
Fee income:        
Total fee income 976 286 5,247 3,707
Dividend income:        
Total dividend income 1,612 525 3,343 2,115
Total investment income 69,433 75,271 214,914 239,486
Expenses:        
Base management fee 7,046 7,195 21,697 22,854
Part I incentive fee 2,373 5,767 3,561 20,413
Professional fees 1,627 1,388 4,329 3,682
Directors fees 160 160 480 480
Interest expense 24,139 31,061 76,424 89,814
Administrator expense 623 525 1,856 1,350
General and administrative expenses 641 997 2,657 2,860
Total expenses 36,609 47,093 111,004 141,453
Management fees waived 0 0 0 (933)
Part I incentive fees waived 0 (5,359) 0 (18,469)
Net expenses 36,609 41,734 111,004 122,051
Net investment income before taxes 32,824 33,537 103,910 117,435
(Provision) benefit for taxes on net investment income (303) (56) (324) (597)
Net investment income 32,521 33,481 103,586 116,838
Unrealized appreciation (depreciation):        
Foreign currency forward contracts 1,533 1,937 3,977 (2,289)
Net unrealized appreciation (depreciation) 48,210 18,572 (23,546) (83,065)
Realized gains (losses):        
Foreign currency forward contracts 493 (15,282) 5,321 (7,342)
Net realized gains (losses) (49,539) (13,432) (61,807) (24,037)
(Provision) benefit for taxes on realized and unrealized gains (losses) (252) (269) (574) (394)
Net realized and unrealized gains (losses), net of taxes (1,581) 4,871 (85,927) (107,496)
Net increase (decrease) in net assets resulting from operations $ 30,940 $ 38,352 $ 17,659 $ 9,342
Net investment income per common share - basic (in dollars per share) $ 0.37 $ 0.38 $ 1.18 $ 1.37
Net investment income per common share - diluted (in dollars per share) 0.37 0.38 1.18 1.37
Earnings (loss) per common share - basic (in dollars per share) 0.35 0.44 0.20 0.11
Earnings (loss) per common share - diluted (in dollars per share) $ 0.35 $ 0.44 $ 0.20 $ 0.11
Weighted average common shares outstanding - basic (in shares) 88,086 88,086 88,086 85,402
Weighted average common shares outstanding - diluted (in shares) 88,086 88,086 88,086 85,402
Control investments        
Interest income:        
Interest income $ 3,271 $ 5,165 $ 12,963 $ 15,275
PIK interest income:        
Total PIK interest income 0 0 0 830
Dividend income:        
Total dividend income 1,400 525 1,925 1,925
Unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) 23,840 (2,024) 6,615 (62,940)
Realized gains (losses):        
Realized gain (loss) (24,337) 0 (24,337) 13
Affiliate investments        
Interest income:        
Interest income 1,475 277 2,863 602
PIK interest income:        
Total PIK interest income 217 28 945 83
Fee income:        
Total fee income 0 0 4 0
Unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) 850 (246) 1,145 (568)
Realized gains (losses):        
Realized gain (loss) 4,849 145 5,070 190
Non-control/Non-affiliate investments        
Interest income:        
Interest income 56,032 62,441 175,155 198,165
PIK interest income:        
Total PIK interest income 4,992 5,042 11,567 14,416
Fee income:        
Total fee income 976 286 5,243 3,707
Dividend income:        
Total dividend income 27 0 50 190
Unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) 21,987 18,905 (35,283) (17,268)
Realized gains (losses):        
Realized gain (loss) (30,544) 1,705 (47,861) (16,898)
Non-control/Non-affiliate investments - PIK        
Dividend income:        
Total dividend income $ 185 $ 0 $ 1,368 $ 0