v3.26.1
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments    
Non-controlled/non-affiliated company investments, at fair value (cost of $1,971,534 and $2,001,207, respectively) $ 1,918,917 $ 1,962,449
Cash 4,997 8,554
Cash equivalents 40,759 53,927
Interest receivable 13,491 13,729
Derivative asset, at fair value (Note 4) 8,534 14,965
Receivable for investments sold 838 518
Other assets 409 327
Total assets 1,987,945 2,054,469
Liabilities    
Debt (net of $8,005 and $8,511 deferred financing and issuance costs, respectively, and net of unamortized discount of $415 and $471, respectively) (See Note 7) 1,088,504 1,115,052
Interest payable 14,359 15,350
Incentive fees payable 646 2,809
Management fees payable 4,933 5,048
Collateral due to broker 9,190 14,750
Distributions payable 18,741 22,224
Directors’ fees payable 142 156
Accounts payable and accrued expenses 2,465 3,900
Total liabilities 1,138,980 1,179,289
Commitments and contingencies (See Note 8)
Net Assets: (See Note 9)    
Common shares, $0.01 par value, 500,000,000 and 500,000,000 shares authorized, 49,387,065 and 49,387,065 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 494 494
Paid-in-capital in excess of par value 930,393 930,393
Total distributable earnings (loss) (81,922) (55,707)
Total net assets 848,965 875,180
Total liabilities and net assets $ 1,987,945 $ 2,054,469
Net asset value per share (in dollars per share) $ 17.19 $ 17.72
Non-controlled/Non-affiliated    
Investments    
Non-controlled/non-affiliated company investments, at fair value (cost of $1,971,534 and $2,001,207, respectively) $ 1,918,917 $ 1,962,449