v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net Income (Loss) $ 22,498 $ 41,701
Adjustments to reconcile net increase (decrease) in members' capital resulting from operations to net cash provided by (used in) operating activities:    
Net change in unrealized (appreciation) depreciation on investments 11,151 14,610
Net change in unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies 82 (111)
Net realized (gain) loss on investments 28,086 3,625
Net realized (gain) loss on foreign currency transactions 685 (5)
Investments in unaffiliated money market fund 9,776 (3,751)
Net accretion of discount and amortization of premium on investments (4,101) (3,701)
Payment-in-kind interest and dividend capitalized (6,247) (6,596)
Amortization of deferred financing costs 1,779 1,751
Amortization of debt issuance costs and original issue discounts on notes 48 0
Purchases of investments and change in payable for investments purchased (243,810) (153,931)
Proceeds from sale of investments and principal repayments and change in receivable for investments sold/repaid 182,315 118,670
Changes in operating assets and liabilities:    
(Increase) decrease in prepaid expenses and other assets (45) 213
(Decrease) increase in payable to affiliates 0 (125)
(Decrease) increase in management fees payable (581) 31
(Decrease) increase in incentive fees payable (588) (120)
(Decrease) increase in interest payable (889) (169)
(Decrease) increase in accrued expenses and other liabilities 988 (881)
Net cash provided by (used in) operating activities 1,472 13,947
Cash flows from financing activities:    
Borrowings on debt 107,000 53,000
Repayments on debt (152,233) (51,000)
Proceeds from issuance of Common Units 30,000 0
Deferred financing costs paid (63) (1,852)
Debt issuance costs paid (48) 0
Tax withholding paid (283) (360)
Net cash provided by (used in) financing activities (15,627) (212)
Net increase (decrease) in cash and cash equivalents (14,155) 13,735
Effect of foreign exchange rate changes on cash (50) 116
Cash and cash equivalents, at beginning of period 47,217 40,638
Cash and cash equivalents, at end of period 33,012 54,489
Supplemental information and non-cash activities:    
Excise tax paid 150 178
Accrued but unpaid dividends 31,299 29,774
Interest and financing costs paid 33,574 35,828
Dividend reinvestments 59,795 63,302
Non-cash purchases of investments (37,765) (14,132)
Non-cash sales of investments 37,765 14,132
Investment, Affiliated Issuer, Noncontrolled    
Changes in operating assets and liabilities:    
(Increase) decrease in interest and dividend receivable 283 (142)
Investment, Unaffiliated Issuer    
Changes in operating assets and liabilities:    
(Increase) decrease in interest and dividend receivable $ 42 $ 2,878