v3.26.1
Transactions with Related Parties - Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 14, 2026
USD ($)
Jan. 22, 2026
Mar. 31, 2025
component
Apr. 01, 2022
Mar. 31, 2022
Jan. 01, 2022
Dec. 31, 2021
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Transactions with Related Parties                        
Base management fees               $ 19,302 $ 15,868 $ 38,244 $ 29,944  
Base management fee waivers               (3,861) 0 (7,649) 0  
Administrative agreement service fee               1,320 1,096 2,868 2,058  
Accounts payable and accrued expenses               25,200   25,200   $ 27,870
Aggregate purchase price $ 335,275                      
Related Party                        
Transactions with Related Parties                        
Accounts payable               0   $ 0   0
Related Party | MC Advisors                        
Transactions with Related Parties                        
Number of components | component     2                  
Initial base management fee, percentage       1.25% 1.50%              
Base management fee, percentage   1.00%               1.75%    
Quarterly hurdle rate percentage       1.50%           1.50%    
Annual hurdle rate percentage       6.00%           6.00%    
Incentive fee payable as a percentage of pre-incentive fee net investment income, if such income does not exceed the hurdle rate in any calendar quarter       0.00%                
Incentive fee payable as a percentage of pre-incentive fee net investment income, if portion of such income exceeds the hurdle rate but is less than the specified hurdle rate in any calendar quarter       100.00%                
Specified percentage of hurdle rate, considered for payment of incentive fee, prior to an exchange listing       1.7143% 1.76%              
Specified percentage of hurdle rate, considered for payment of incentive fee, following an exchange listing       1.88%                
Incentive fee payable as a percentage of pre-incentive fee net investment income, if such income exceeds the specified hurdle rate in any calendar quarter, prior to an exchange listing       12.50% 15.00%              
Incentive fee payable as a percentage of pre-incentive fee net investment income, if such income exceeds the specified hurdle rate in any calendar quarter, following an exchange listing       20.00%                
Percentage of company's realized capital gains payable as incentive fee           12.50% 15.00%          
Related Party | MC Management                        
Transactions with Related Parties                        
Administrative expenses               4,381 $ 2,884 $ 8,857 $ 5,524  
Accounts payable and accrued expenses               $ 1,320   $ 1,320   $ 1,384
Monroe Capital LLC | Related Party | Wendel                        
Transactions with Related Parties                        
Subsidiary, ownership percentage, parent     75.00%