v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - 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 (excluding payment-in-kind ("PIK") interest income) $ 31,743 $ 27,091 $ 61,797 $ 47,320
PIK interest income 2,103 631 3,463 804
Dividend income 552 151 827 387
Other income 429 598 677 948
Total Investment Income 34,827 28,471 66,764 49,459
Expenses        
Management fees 1,379 1,090 2,642 1,830
Performance-based incentive fees 1,943 1,689 3,705 2,796
Interest and other debt expenses 12,985 10,872 25,106 19,470
Administration fees 183 171 356 310
Trustee fees 40 16 79 68
Other general and administrative expenses 814 507 1,532 817
Organizational fees 0 40 0 105
Total Expenses 17,344 14,385 33,420 25,396
Net Investment Income/(Loss) 17,483 14,086 33,344 24,063
Net realized gains (losses):        
Non-controlled/non-affiliated investments 1,565 1,220 1,873 1,388
Foreign currency transactions 679 0 687 (19)
Net realized gains (losses) 2,244 1,220 2,560 1,369
Net change in unrealized gains (losses):        
Non-controlled/non-affiliated investments (160) (255) (16,834) (305)
Foreign currency translations 22 70 22 42
Net change in unrealized gains (losses) (138) (185) (16,812) (263)
Net Realized and Change in Unrealized Gains (Losses) 2,106 1,035 (14,252) 1,106
Net Increase (Decrease) in Net Assets Resulting from Operations $ 19,589 $ 15,121 $ 19,092 $ 25,169