v3.26.1
Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of Foreign Currency Forward Contracts

Certain information related to the Company’s foreign currency forward contracts is presented below as of June 30, 2026:

Counterparty

 

Notional amount to be purchased

 

Notional amount to be sold

 

Settlement Date

 

Fair Value*

 

Balance Sheet Location of Net Amounts

BNP Paribas S.A.

 

A$

4,144

 

$

2,910

 

9/16/2026

 

$

(47)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

55,021

 

C$

77,676

 

9/16/2026

 

$

120

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

₣

90

 

$

114

 

9/16/2026

 

$

(2)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

258,654

 

€

221,946

 

9/16/2026

 

$

4,351

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

1,226,352

 

£

913,023

 

9/16/2026

 

$

15,503

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

Skr

10,830

 

$

1,134

 

9/16/2026

 

$

(13)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

135,811

 

₩

196,131,330

 

8/12/2026

 

$

8,992

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

A$

2,698

 

$

1,890

 

9/16/2026

 

$

(26)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

$

10,129

 

€

8,710

 

9/16/2026

 

$

149

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

$

4,597

 

£

3,430

 

9/16/2026

 

$

48

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

$

3,124

 

¥

497,111

 

9/16/2026

 

$

47

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Bank N.A.

 

$

97,187

 

A$

138,543

 

9/16/2026

 

$

1,457

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Bank N.A.

 

$

83,223

 

C$

115,661

 

9/16/2026

 

$

1,476

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Bank N.A.

 

$

152

 

₣

120

 

9/16/2026

 

$

2

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Bank N.A.

 

$

10,490

 

¥

1,668,622

 

9/16/2026

 

$

162

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Bank N.A.

 

$

68,694

 

Skr

647,390

 

9/16/2026

 

$

1,681

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Bank N.A.

 

Nkr

18,992

 

$

1,993

 

9/16/2026

 

$

(77)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

122,544

 

A$

174,915

 

9/16/2026

 

$

1,682

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

18,542

 

C$

25,780

 

9/16/2026

 

$

321

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

5,566

 

₣

4,396

 

9/16/2026

 

$

84

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

¥

41,926

 

$

264

 

9/16/2026

 

$

(4)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

4,262

 

Skr

40,182

 

9/16/2026

 

$

103

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

66,849

 

Nkr

637,610

 

9/16/2026

 

$

2,516

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

260,732

 

A$

371,738

 

9/16/2026

 

$

3,871

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

 

 

 

 

Counterparty

 

Notional amount to be purchased

 

Notional amount to be sold

 

Settlement Date

 

Fair Value*

 

Balance Sheet Location of Net Amounts

Wells Fargo Bank National Association

 

$

13,851

 

C$

19,301

 

9/16/2026

 

$

211

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

1,963,782

 

€

1,685,263

 

9/16/2026

 

$

32,822

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

1,153,961

 

£

860,208

 

9/16/2026

 

$

13,154

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

519

 

¥

82,511

 

9/16/2026

 

$

8

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

 

 

 

 

 

 

 

 

 

 

$

88,591

 

 

 

 

* Totals may not foot due to rounding.

 

 

 

 

 

Certain information related to the Company’s foreign currency forward contracts is presented below as of December 31, 2025:

 

Counterparty

 

Notional amount to be purchased

 

Notional amount to be sold

 

Settlement Date

 

Fair Value*

 

Balance Sheet Location of Net Amounts

BNP Paribas S.A.

 

$

1,165

 

A$

1,753

 

3/18/2026

 

$

(5)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

3,673

 

C$

5,057

 

3/18/2026

 

$

(25)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

₣

90

 

$

113

 

3/18/2026

 

$

1

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

31,034

 

€

26,490

 

3/18/2026

 

$

(186)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

BNP Paribas S.A.

 

$

11,698

 

£

8,775

 

3/18/2026

 

$

(124)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

A$

2,641

 

$

1,755

 

3/18/2026

 

$

8

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

$

10,089

 

€

8,615

 

3/18/2026

 

$

(64)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

$

4,491

 

£

3,370

 

3/18/2026

 

$

(49)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Goldman Sachs International

 

$

3,197

 

¥

495,381

 

3/18/2026

 

$

18

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

92,029

 

A$

138,276

 

3/18/2026

 

$

(265)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

12,089

 

C$

16,607

 

3/18/2026

 

$

(52)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

152

 

₣

120

 

3/18/2026

 

$

—

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

583,494

 

€

494,488

 

3/18/2026

 

$

703

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

188,436

 

£

141,023

 

3/18/2026

 

$

(1,544)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

10,780

 

¥

1,662,813

 

3/18/2026

 

$

107

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Morgan Stanley Capital Services LLC

 

$

70,995

 

Skr

653,108

 

3/18/2026

 

$

(181)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

115,593

 

A$

173,498

 

3/18/2026

 

$

(210)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

19,450

 

C$

26,701

 

3/18/2026

 

$

(70)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

5,727

 

₣

4,510

 

3/18/2026

 

$

(6)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

222,587

 

€

189,981

 

3/18/2026

 

$

(1,319)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

1,075,135

 

£

806,832

 

3/18/2026

 

$

(11,796)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

228

 

¥

35,061

 

3/18/2026

 

$

3

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

4,286

 

Skr

39,490

 

3/18/2026

 

$

(18)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

State Street Bank and Trust Company

 

$

61,976

 

Nkr

625,881

 

3/18/2026

 

$

(97)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

 

 

 

 

 

Counterparty

 

Notional amount to be purchased

 

Notional amount to be sold

 

Settlement Date

 

Fair Value*

 

Balance Sheet Location of Net Amounts

Wells Fargo Bank National Association

 

$

118,976

 

A$

178,559

 

3/18/2026

 

$

(205)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

8,721

 

C$

11,977

 

3/18/2026

 

$

(35)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

591,411

 

€

505,089

 

3/18/2026

 

$

(3,873)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

793,928

 

£

595,675

 

3/18/2026

 

$

(8,541)

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

Wells Fargo Bank National Association

 

$

534

 

¥

82,224

 

3/18/2026

 

$

6

 

Unrealized appreciation (depreciation) on foreign currency forward contracts

 

 

 

 

 

 

 

 

 

 

$

(27,819)

 

 

 

 

* Totals may not foot due to rounding.
Schedule of Interest Rate Swaps and Currency Swaps

Certain information related to the Company’s interest rate swaps and currency swaps are presented below as of June 30, 2026:

Counterparty

 

Notional Amount

 

Maturity Date

 

Fair Value*

 

Financial Statement Location of Net Amounts

BNP Paribas S.A.

 

$

325,000

 

4/13/2029

 

$

1,280

 

Other liabilities and accrued expenses

BNP Paribas S.A.

 

$

300,000

 

7/29/2031

 

$

(1,668)

 

Other liabilities and accrued expenses

BNP Paribas S.A.

 

$

400,000

 

7/29/2031

 

$

(534)

 

Other liabilities and accrued expenses

BNP Paribas S.A.

 

$

100,000

 

8/30/2030

 

$

(2,139)

 

Other liabilities and accrued expenses

BNP Paribas S.A.

 

$

375,000

 

6/30/2033

 

$

(1,506)

 

Other liabilities and accrued expenses

Goldman Sachs International

 

$

82,000

 

12/21/2027

 

$

(399)

 

Other liabilities and accrued expenses

Goldman Sachs International

 

$

18,000

 

1/19/2028

 

$

(98)

 

Other liabilities and accrued expenses

Goldman Sachs International

 

€

90,000

 

9/28/2026

 

$

234

 

Other liabilities and accrued expenses

Goldman Sachs International

 

$

325,000

 

4/13/2029

 

$

1,168

 

Other liabilities and accrued expenses

Goldman Sachs International

 

$

350,000

 

4/13/2029

 

$

(8,073)

 

Other liabilities and accrued expenses

Goldman Sachs International

 

$

375,000

 

6/30/2033

 

$

(1,135)

 

Other liabilities and accrued expenses

SMBC Capital Markets, Inc.

 

$

300,000

 

7/29/2031

 

$

(1,668)

 

Other liabilities and accrued expenses

SMBC Capital Markets, Inc.

 

$

226,000

 

9/28/2026

 

$

217

 

Other liabilities and accrued expenses

SMBC Capital Markets, Inc.

 

$

325,000

 

9/28/2028

 

$

(389)

 

Other liabilities and accrued expenses

SMBC Capital Markets, Inc.

 

$

500,000

 

3/15/2032

 

$

9,533

 

Other liabilities and accrued expenses

U.S. Bank National Association

 

$

400,000

 

8/30/2030

 

$

(4,724)

 

Other liabilities and accrued expenses

U.S. Bank National Association

 

$

400,000

 

12/8/2028

 

$

(6,826)

 

Other liabilities and accrued expenses

U.S. Bank National Association

 

$

750,000

 

1/23/2031

 

$

(12,954)

 

Other liabilities and accrued expenses

Wells Fargo Bank National Association

 

$

300,000

 

3/15/2032

 

$

(1,683)

 

Other liabilities and accrued expenses

 

 

 

 

 

 

 

$

(31,364)

 

 

 

* Totals may not foot due to rounding.

 

Certain information related to the Company’s interest rate swaps and currency swaps are presented below as of December 31, 2025:

Counterparty

 

Notional Amount

 

Maturity Date

 

Fair Value*

 

Financial Statement Location of Net Amounts

BNP Paribas S.A.

 

$

325,000

 

4/13/2029

 

$

7,512

 

Other assets

BNP Paribas S.A.

 

$

300,000

 

7/29/2031

 

$

4,190

 

Other assets

BNP Paribas S.A.

 

$

400,000

 

7/29/2031

 

$

7,420

 

Other assets

BNP Paribas S.A.

 

$

100,000

 

8/30/2030

 

$

(424)

 

Other assets

Goldman Sachs International

 

$

82,000

 

12/21/2027

 

$

554

 

Other assets

Goldman Sachs International

 

$

18,000

 

1/19/2028

 

$

120

 

Other assets

Goldman Sachs International

 

€

90,000

 

9/28/2026

 

$

1,002

 

Other assets

Goldman Sachs International

 

$

325,000

 

4/13/2029

 

$

7,379

 

Other assets

Goldman Sachs International

 

$

350,000

 

4/13/2029

 

$

(3,051)

 

Other assets

SMBC Capital Markets, Inc.

 

$

300,000

 

7/29/2031

 

$

4,190

 

Other assets

SMBC Capital Markets, Inc.

 

$

226,000

 

9/28/2026

 

$

1,180

 

Other assets

SMBC Capital Markets, Inc.

 

$

325,000

 

9/28/2028

 

$

5,078

 

Other assets

SMBC Capital Markets, Inc.

 

$

500,000

 

3/15/2032

 

$

20,327

 

Other assets

U.S. Bank National Association

 

$

400,000

 

8/30/2030

 

$

2,577

 

Other assets

U.S. Bank National Association

 

$

400,000

 

12/8/2028

 

$

(1,166)

 

Other assets

BNP Paribas S.A.

 

$

60,988

 

5/12/2026

 

$

3,404

 

Other assets

Morgan Stanley Capital Services LLC

 

$

81,450

 

5/12/2026

 

$

4,543

 

Other assets

 

 

 

 

 

 

 

$

64,835

 

 

 

* Totals may not foot due to rounding.
Schedule of Options

Certain information related to the Company's options are presented below as of June 30, 2026:

 

Counterparty

 

Notional Amount

 

Maturity Date

 

Cost*

 

Fair Value*

 

Unrealized (Depreciation)*

 

Financial Statement Location of Net Amounts

BNP Paribas S.A.

 

$

2,050,000

 

3/17/2027

 

$

6,253

 

$

1,236

 

$

(5,017)

 

Other liabilities and accrued expenses

JPMorgan Chase Bank N.A.

 

$

18,000

 

3/17/2027

 

$

1,242

 

$

971

 

$

(271)

 

Other liabilities and accrued expenses

 

 

 

 

 

 

 

$

7,495

 

$

2,207

 

$

(5,288)

 

 

 

* Totals may not foot due to rounding.
Schedule of Assets and Liabilities Related to Derivatives by Counterparty The following table presents the Company’s assets and liabilities related to derivatives by counterparty, net of amounts available for offset under a master netting arrangement and net of any collateral received or pledged by the Company for such assets and liabilities as of June 30, 2026:

 

 

As of June 30, 2026

Counterparty

 

Derivative Assets Subject to Master Netting Agreement

 

Derivatives Available for Offset

 

Non-cash Collateral Received(1)

 

Cash Collateral Received(1)

 

Net Amount of Derivative Assets(2)

BNP Paribas S.A.

 

 $

2,516

 

 $

(2,516)

 

 $

—

 

 $

—

 

 $

—

Goldman Sachs International

 

 

1,402

 

 

(1,402)

 

 

—

 

 

—

 

 

—

SMBC Capital Markets, Inc.

 

 

9,750

 

 

(2,057)

 

 

—

 

 

(7,693)

 

 

—

Morgan Stanley Bank N.A.

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

Wells Fargo Bank National Association

 

 

50,066

 

 

(1,683)

 

 

—

 

 

(48,383)

 

 

—

U.S. Bank National Association

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

JPMorgan Chase Bank N.A.

 

 

971

 

 

—

 

 

—

 

 

—

 

 

971

Total

 

 $

64,705

 

 $

(7,658)

 

 $

—

 

 $

(56,076)

 

 $

971

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Counterparty

 

Derivative Liabilities Subject to Master Netting Agreement

 

Derivatives Available for Offset

 

Non-cash Collateral Pledged(1)

 

Cash Collateral Pledged(1)

 

Net Amount of Derivative Liabilities(3)

BNP Paribas S.A.

 

 $

(5,847)

 

 $

2,516

 

 $

—

 

 $

—

 

 $

(3,331)

Goldman Sachs International

 

 

(9,705)

 

 

1,402

 

 

—

 

 

6,300

 

 

(2,003)

SMBC Capital Markets, Inc.

 

 

(2,057)

 

 

2,057

 

 

—

 

 

—

 

 

—

Morgan Stanley Bank N.A.

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

Wells Fargo Bank National Association

 

 

(1,683)

 

 

1,683

 

 

—

 

 

—

 

 

—

U.S. Bank National Association

 

 

(24,504)

 

 

—

 

 

—

 

 

24,504

 

 

—

JPMorgan Chase Bank N.A.

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

Total

 

 $

(43,796)

 

 $

7,658

 

 $

—

 

 $

30,804

 

 $

(5,334)

 

(1)
In some instances, the actual amount of the collateral received and/or pledged may be more than the derivative balance shown due to overcollateralization.
(2)
Net amount of derivative assets represents the net amount due from the counterparty to the Company.
(3)
Net amount of derivative liabilities represents the net amount due from the Company to the counterparty.

The following table presents the Company’s assets and liabilities related to derivatives by counterparty, net of amounts available for offset under a master netting arrangement and net of any collateral received or pledged by the Company for such assets and liabilities as of December 31, 2025:

 

 

December 31, 2025

Counterparty

 

Derivative Assets Subject to Master Netting Agreement

 

Derivatives Available for Offset

 

Non-cash Collateral Received(1)

 

Cash Collateral Received(1)

 

Net Amount of Derivative Assets(2)

BNP Paribas S.A.

 

 $

22,526

 

 $

(424)

 

 $

—

 

 $

(21,901)

 

 $

201

Goldman Sachs International

 

 

9,056

 

 

(3,051)

 

 

—

 

 

(6,005)

 

 

—

SMBC Capital Markets, Inc.

 

 

30,775

 

 

—

 

 

—

 

 

(30,775)

 

 

—

Morgan Stanley Capital Services LLC

 

 

4,543

 

 

—

 

 

—

 

 

(4,230)

 

 

313

Wells Fargo Bank National Association

 

 

6

 

 

(6)

 

 

—

 

 

—

 

 

—

U.S. Bank National Association

 

 

2,577

 

 

(1,166)

 

 

—

 

 

(1,411)

 

 

—

Total

 

 $

69,483

 

 $

(4,647)

 

 $

—

 

 $

(64,322)

 

 $

514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Counterparty

 

Derivative Liabilities Subject to Master Netting Agreement

 

Derivatives Available for Offset

 

Non-cash Collateral Pledged(1)

 

Cash Collateral Pledged(1)

 

Net Amount of Derivative Liabilities(3)

BNP Paribas S.A.

 

 $

(424)

 

 $

424

 

 $

—

 

 $

—

 

 $

—

Goldman Sachs International

 

 

(3,051)

 

 

3,051

 

 

—

 

 

—

 

 

—

SMBC Capital Markets, Inc.

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

Morgan Stanley Capital Services LLC

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

Wells Fargo Bank National Association

 

 

(12,654)

 

 

6

 

 

—

 

 

12,648

 

 

—

U.S. Bank National Association

 

 

(1,166)

 

 

1,166

 

 

—

 

 

—

 

 

—

Total

 

 $

(17,295)

 

 $

4,647

 

 $

—

 

 $

12,648

 

 $

—

 

(1)
In some instances, the actual amount of the collateral received and/or pledged may be more than the derivative balance shown due to overcollateralization.
(2)
Net amount of derivative assets represents the net amount due from the counterparty to the Company.
(3)
Net amount of derivative liabilities represents the net amount due from the Company to the counterparty.
Foreign Currency Forward Contracts  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of Net Realized and Unrealized Gains (Losses) on Derivative Instruments Net realized and change in unrealized gains and losses for the three and six months ended June 30, 2026 and 2025, for the Company’s foreign currency forward contracts, currency swaps and options, are in the following locations in the Consolidated Statements of Operations:

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

Derivative Instrument

 

Financial Statement Location

 

2026

 

2025

 

2026

 

2025

Foreign currency forward contracts

 

 Net realized gain (loss) on foreign currency forward contracts

 

$

(4,844)

 

$

(142,729)

 

$

(12,271)

 

$

(210,065)

Currency swaps

 

 Net realized gain (loss) on derivative instruments

 

 

10,114

 

 

680

 

 

10,764

 

 

1,267

 

 

 

 

$

5,270

 

$

(142,049)

 

$

(1,507)

 

$

(208,798)

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

Derivative Instrument

 

Financial Statement Location

 

2026

 

2025

 

2026

 

2025

Foreign currency forward contracts

 

 Net change in unrealized appreciation (depreciation) on foreign currency forward contracts

 

$

51,622

 

$

(75,511)

 

$

116,410

 

$

(101,460)

Currency swaps

 

 Net change in unrealized appreciation (depreciation) on derivative instruments

 

 

(13,476)

 

 

(14,878)

 

 

(7,947)

 

 

(15,468)

Options

 

 Net change in unrealized appreciation (depreciation) on derivative instruments

 

 

(4,823)

 

 

—

 

 

(5,288)

 

 

—

 

 

 

 

$

33,323

 

$

(90,389)

 

$

103,175

 

$

(116,928)

 
Interest Rate Swaps  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of Net Realized and Unrealized Gains (Losses) on Derivative Instruments Net realized and unrealized gains and losses for the three and six months ended June 30, 2026 and 2025, for the Company’s interest rate swaps, are in the following locations in the Consolidated Statements of Operations:

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

Derivative Instrument

 

Financial Statement Location

 

2026

 

2025

 

2026

 

2025

Interest rate swaps

 

 Interest and other debt expenses

 

$

53,176

 

$

(22,254)

 

$

84,816

 

$

(82,784)

Hedged items

 

 Interest and other debt expenses

 

 

(54,493)

 

 

27,238

 

 

(87,190)

 

 

87,303

 

 

 

 

$

(1,317)

 

$

4,984

 

$

(2,374)

 

$

4,519