v3.26.1
SIGNIFICANT ACCOUNTING POLICIES (Details)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
portfolioCompany
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
portfolioCompany
segment
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
portfolioCompany
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Restricted cash $ 0   $ 0   $ 0
Cash equivalents 40,759,000 $ 40,798,000 40,759,000 $ 40,798,000 $ 53,927,000
Payment-in-kind interest income 2,391,000 2,264,000 5,513,000 4,629,000  
Dividend income 0 116,000 0 116,000  
Other income $ 129,000 539,000 $ 403,000 914,000  
Number of portfolio companies | portfolioCompany 9   9   4
Investments at fair value $ 1,918,917,000 [1],[2],[3],[4]   $ 1,918,917,000 [1],[2],[3],[4]   $ 1,962,449,000 [5]
Excise taxes 0 $ 0 $ 0 $ 0  
Number of reportable segments | segment     1    
Non-Accrual Loans          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Investments at fair value $ 29,149,000   $ 29,149,000   $ 9,744,000
Investment Owned at Fair Value | Investment Type Concentration Risk          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Investment income (as a percent)     100.00%   100.00%
Investment Owned at Fair Value | Investment Type Concentration Risk | Payment in Kind (PIK) Note          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Investment income (as a percent) 5.39% 4.26% 6.09% 4.34%  
Investment Owned at Fair Value | Investment Type Concentration Risk | Non-Accrual Loans          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Investment income (as a percent)     1.52%   0.50%
[1] As of June 30, 2026, there were no portfolio investments that represented greater than 5% of our total assets.
[2] Investment valued using unobservable inputs (Level 3), unless noted otherwise. See Note 2 “Significant Accounting Policies – Valuation of Portfolio Investments” and Note 5 "Fair Value Measurements" for more information.
[3] Refer to Note 3 “Investments” for the geographic composition of investments at cost and fair value.
[4] Unless otherwise indicated, all investments are non-controlled/non-affiliated investments as defined by the Investment Company Act of 1940, as amended (the “1940 Act”). The 1940 Act classifies investments based on the level of control that the Company maintains in a particular portfolio company. As defined in the 1940 Act, a portfolio company is generally presumed to be “non-controlled” when the Company owns 25% or less of the portfolio company’s voting securities and “controlled” when the Company owns more than 25% of the portfolio company’s voting securities. The 1940 Act also classifies investments further based on the level of ownership that the Company maintains in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when the Company owns less than 5% of a portfolio company’s voting securities and “affiliated” when the Company owns 5% or more of a portfolio company’s voting securities.
[5] Investment valued using unobservable inputs (Level 3). See Note 2 “Significant Accounting Policies – Valuation of Portfolio Investments” and Note 5 "Fair Value Measurements" for more information.