v3.26.1
Credit Facilities (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Amounts Outstanding and Available under Credit Facilities

A summary of amounts outstanding and available under the PNC Revolving Credit Agreement as of June 30, 2026 and December 31, 2025 was as follows:

 

PNC Revolving Credit Agreement

 

Maximum
Commitment

 

 

Borrowings
Outstanding

 

 

Available
Amount
(1)

 

As of June 30, 2026

 

$

350,000

 

 

$

184,600

 

 

$

165,400

 

As of December 31, 2025

 

$

350,000

 

 

$

219,600

 

 

$

130,400

 

 

The amount available considers any limitations related to the debt facility borrowing.
Summary Information Regarding Credit Facilities

The summary information regarding the Credit Facilities for the three and six months ended June 30, 2026 and 2025 was as follows:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Credit Facilities interest expense

 

$

2,706

 

 

$

4,134

 

 

$

5,719

 

 

$

9,122

 

Unused commitment fees

 

 

194

 

 

 

81

 

 

 

357

 

 

 

107

 

Amortization of deferred financing costs

 

 

220

 

 

 

325

 

 

 

447

 

 

 

647

 

Total

 

$

3,120

 

 

$

4,540

 

 

$

6,523

 

 

$

9,876

 

Weighted average interest rate

 

 

5.57

%

 

 

6.47

%

 

 

5.47

%

 

 

6.47

%

Average outstanding balance

 

$

192,298

 

 

$

252,742

 

 

$

208,028

 

 

$

280,240