v3.26.1
Joint Ventures - Selected Statement of Operations Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment income:        
Total investment income $ 1,830,865 $ 1,843,807 $ 3,722,967 $ 3,685,242
Expenses:        
Interest expense 513,276 478,009 1,025,044 957,644
Total expenses before tax expense 849,107 809,529 1,714,408 1,609,219
Net investment income before tax expense 981,758 1,034,278 2,008,559 2,076,023
Tax expense 9,691 1,765 9,703 9,548
Net investment income after tax expense 972,067 1,032,513 1,998,856 2,066,475
Net realized and change in unrealized gain (loss):        
Net realized gain (loss) on investments, foreign currency and extinguishment of debt (65,699) (113,736) (104,086) (180,955)
Net realized and change in unrealized gain (loss) (877,351) (34,798) (1,954,041) (309,451)
Net increase (decrease) in net assets resulting from operations 94,716 997,715 44,815 1,757,024
Nonconsolidated Investee | BCRED Emerald JV LP        
Investment income:        
Interest income 114,258 140,067 237,020 259,290
Payment-in-kind interest income 2,817 6,033 6,666 11,002
Non-cash dividend income 20,819 0 22,558 0
Other income 69 353 475 631
Total investment income 137,963 146,453 266,719 270,923
Expenses:        
Interest expense 70,435 54,886 128,780 102,735
Other expenses 716 686 1,732 1,482
Total expenses before tax expense 71,151 55,572 130,512 104,217
Net investment income before tax expense 66,812 90,881 136,207 166,706
Tax expense 0 0 0 0
Net investment income after tax expense 66,812 90,881 136,207 166,706
Net realized and change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments, foreign currency, derivatives and income tax (provision) benefit 28,112 5,144 (159,284) (37,566)
Net realized gain (loss) on investments, foreign currency and extinguishment of debt (58,951) 80 (81,774) (16,629)
Net realized and change in unrealized gain (loss) (30,839) 5,224 (241,058) (54,195)
Net increase (decrease) in net assets resulting from operations 35,973 96,105 (104,851) 112,511
Nonconsolidated Investee | BCRED Verdelite JV LP        
Investment income:        
Interest income 10,817 13,793 22,682 27,713
Other income 1 0 6 2
Total investment income 10,818 13,793 22,688 27,715
Expenses:        
Interest expense 7,353 8,631 15,345 17,755
Other expenses 169 79 349 197
Total expenses before tax expense 7,522 8,710 15,694 17,952
Net investment income before tax expense 3,296 5,083 6,994 9,763
Tax expense 0 0 0 0
Net investment income after tax expense 3,296 5,083 6,994 9,763
Net realized and change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments, foreign currency, derivatives and income tax (provision) benefit 2,217 3,696 (15,244) (6,727)
Net realized gain (loss) on investments, foreign currency and extinguishment of debt (615) (474) (3,587) 24
Net realized and change in unrealized gain (loss) 1,602 3,222 (18,831) (6,703)
Net increase (decrease) in net assets resulting from operations $ 4,898 $ 8,305 $ (11,837) $ 3,060