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MIDDLE MARKET CREDIT FUND, LLC - Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
ASSETS            
Investments, at fair value $ 2,360,009 [1]   $ 2,360,009 [1]   $ 2,463,922 [2]  
Cash, cash equivalents and restricted cash 48,856 $ 49,218 48,856 $ 49,218 76,493 $ 56,575
Total assets 2,443,700   2,443,700   2,790,167  
LIABILITIES AND MEMBERS’ EQUITY            
Amortized Cost 2,414,341   2,414,341   2,469,396  
Selected Consolidated Statements of Operations Information:            
Total investment income 62,085 67,281 126,164 122,145    
Expenses:            
Total expenses 37,409 38,651 75,843 71,210    
Net investment income (loss) 23,996 28,250 49,200 49,879    
Net realized gain (loss) on investments (1,534) (2,599) (11,152) (21,940)    
Net change in unrealized appreciation (depreciation) on investments and foreign currency (22,522) (11,021) (42,326) 745    
Net increase (decrease) in net assets resulting from operations (60) 14,630 (4,278) 28,684    
Credit Fund            
ASSETS            
Investments, at fair value 123,753   123,753   123,114  
Credit Fund            
ASSETS            
Investments, at fair value 1,175,963   1,175,963   957,830  
Cash, cash equivalents and restricted cash 31,870   31,870   90,283  
Other assets 12,786   12,786   17,302  
Total assets 1,220,619   1,220,619   1,065,415  
LIABILITIES AND MEMBERS’ EQUITY            
Secured borrowings 1,002,509   1,002,509   589,000  
Mezzanine loans 0   0   40,500  
Other liabilities 18,843   18,843   229,032  
Total members’ equity 199,267   199,267   206,883  
Total liabilities and members’ equity 1,220,619   1,220,619   1,065,415  
Amortized Cost 1,191,222   1,191,222   970,522  
Restricted cash and cash equivalents 22,153   22,153   $ 88,417  
Selected Consolidated Statements of Operations Information:            
Total investment income 24,666 15,416 44,294 29,646    
Expenses:            
Interest expense and credit facility fees 12,066 6,381 21,449 12,543    
Other expenses 683 572 1,282 949    
Total expenses 12,749 6,953 22,731 13,492    
Net investment income (loss) 11,917 8,463 21,563 16,154    
Net realized gain (loss) on investments (12) 0 (5,174) 0    
Net change in unrealized appreciation (depreciation) on investments and foreign currency (889) (868) (2,505) (3,824)    
Net increase (decrease) in net assets resulting from operations $ 11,016 $ 7,595 $ 13,884 $ 12,330    
[1] Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these unaudited consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.
[2] Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these unaudited consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.