v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment Income        
Interest income $ 561,255 $ 442,416 $ 1,092,741 $ 824,180
Payment-in-kind interest income 20,484 9,233 36,593 14,511
Dividend income 6,617 1,754 7,475 3,429
Other income 3,519 3,121 16,701 7,176
Total Investment Income 591,875 456,524 1,153,510 849,296
Operating Expenses        
Management fees 45,623 39,815 92,569 73,231
Performance-based incentive fees 44,329 37,660 87,397 69,309
Interest and other debt expenses 179,697 108,592 338,607 200,728
Offering costs 450 79 519 369
Trustees' fees 357 165 710 329
Shareholder servicing fees 6,141 5,393 12,368 10,104
Administrative service expenses 3,197 2,357 6,371 4,640
Other general and administrative expenses 8,100 4,381 15,924 8,473
Total expenses 287,894 198,442 554,465 367,183
Net Investment Income 303,981 258,082 599,045 482,113
Net realized gains (losses):        
Net realized gains (losses) on non-controlled/non-affiliated investments (57,989) (31,674) (42,351) (28,780)
Net realized gains (losses) on derivative instruments 10,114 680 10,764 1,267
Net realized gains (losses) on foreign currency forward contracts (4,844) (142,729) (12,271) (210,065)
Net realized gains (losses) on foreign currency transactions (4,372) 13,226 11,684 17,119
Net realized gains (losses) (57,091) (160,497) (32,174) (220,459)
Net change in unrealized gains (losses)        
Net change in unrealized gains (losses) on non-controlled/non-affiliated investments 1,635 262,151 (376,890) 279,755
Net change in unrealized gains (losses) on derivatives instruments (18,299) (14,878) (13,235) (15,468)
Net change in unrealized gains (losses) on foreign currency forward contracts 51,622 (75,511) 116,410 (101,460)
Net change in unrealized gains (losses) on foreign currency translations 2,710 15,220 2,875 22,704
Net unrealized gains (losses) 37,668 186,982 (270,840) 185,531
Net Realized and Change in Unrealized Gains (Losses) (19,423) 26,485 (303,014) (34,928)
Net Increase (Decrease) in Net Assets Resulting from Operations $ 284,558 $ 284,567 $ 296,031 $ 447,185