v3.26.1
BORROWINGS - Schedule of Line of Credit Facilities (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Debt Disclosure [Abstract]        
Interest expense $ 11,894 $ 5,286 $ 21,398 $ 9,909
Facility unused commitment fee 721 265 1,345 550
Amortization of deferred financing costs 1,043 427 1,881 824
Total interest expense and credit facility fees 13,658 5,978 24,624 11,283
Cash paid for interest expense and credit facility fees $ 11,029 $ 5,795 $ 15,352 $ 10,767
Weighted average contractual interest rate 6.16% [1] 6.61% [1] 6.08% 6.68%
Average principal debt outstanding $ 772,803 $ 319,790 $ 703,681 $ 296,687
[1] Weighted average contractual interest rate for the three and six months ended June 30, 2026 and 2025 is calculated as interest expense (excluding unused commitment fees and amortization of deferred financing costs) divided by weighted average debt outstanding.