v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment Income, Nonoperating [Abstract]        
PIK interest income $ 4,247 $ 5,173 $ 8,071 $ 9,926
Total Investment Income 68,226 81,247 140,053 159,945
Expenses        
Management fees 5,132 6,079 10,773 12,140
Performance-based incentive fees   3,849   10,282
Interest and other debt expenses 27,074 32,581 55,552 63,044
Administrative services expense 1,193 1,010 2,635 2,026
Other general and administrative expenses 2,120 1,611 4,179 2,859
Total expenses 35,519 45,130 73,139 90,351
Expense reimbursements (62) (280) (124) (1,086)
Net Expenses 35,457 44,850 73,015 89,265
Net Investment Income 32,769 36,397 67,038 70,680
Net realized gains (losses):        
Net realized gains (losses)     (9,825) (13,505)
Foreign currency forward contracts 334 (610) 1,238 (610)
Foreign currency transactions (373) 277 (4,325) (36)
Net realized gains (losses) (498) (17,238) (12,912) (14,151)
Net change in unrealized gains (losses):        
Foreign currency forward contracts (28) (33) 772 (9)
Foreign currency translations   (2,550) 3,265 (3,364)
Net change in unrealized gains (losses) (49,776) (1,044) (98,501) (8,082)
Net Realized and Change in Unrealized Gains (Losses) (50,274) (18,282) (111,413) (22,233)
Net Increase (Decrease) in Net Assets Resulting from Operations $ (17,505) $ 18,115 $ (44,375) $ 48,447
Earnings (Loss) Per Share - Basic $ (0.21) $ 0.19 $ (0.51) $ 0.52
Non-controlled/Non-affiliated Investments        
Investment Income, Nonoperating [Abstract]        
Interest income (excluding Payment-in-kind ("PIK") interest income) $ 59,765 $ 70,230 $ 123,377 $ 138,301
Dividend income 30   88  
PIK interest income 4,077 4,770 7,901 9,171
Other income 582 220 1,156 544
Net realized gains (losses):        
Net realized gains (losses) (393) (16,788) (9,692) (13,200)
Net change in unrealized gains (losses):        
Net change in unrealized gains (losses) (16,777) (2,524) (56,649) (8,611)
Non-controlled/Affiliated Investments        
Investment Income, Nonoperating [Abstract]        
Interest income (excluding Payment-in-kind ("PIK") interest income) 1,028 1,517 1,939 2,745
Dividend income 201 200 454 440
PIK interest income 170 403 170 755
Net realized gains (losses):        
Net realized gains (losses) (64) (117) (131) (305)
Net change in unrealized gains (losses):        
Net change in unrealized gains (losses) (11,892) (883) (18,491) (2,393)
Controlled Investments        
Investment Income, Nonoperating [Abstract]        
Interest income (excluding Payment-in-kind ("PIK") interest income) 2,373 3,907 4,968 7,979
Other income       10
Net realized gains (losses):        
Net realized gains (losses) (2)   (2)  
Net change in unrealized gains (losses):        
Net change in unrealized gains (losses) $ (21,079) $ 4,946 $ (27,398) $ 6,295