| Schedule of Outstanding Debt Obligations |
The Company’s outstanding debt obligations were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Maximum Principal | | Outstanding
Principal | | Carrying
Value | | Unused Portion(1) | | Amount Available(2) | Revolving Credit Facility(3) | $ | 1,125,000 | | | $ | 575,292 | | | $ | 575,292 | | | $ | 549,708 | | | $ | 549,708 | | August 2028 Notes(4) | 150,000 | | | 150,000 | | | 147,909 | | | — | | | — | | August 2030 Notes(4) | 200,000 | | | 200,000 | | | 196,258 | | | — | | | — | | | Total | $ | 1,475,000 | | | $ | 925,292 | | | $ | 919,459 | | | $ | 549,708 | | | $ | 549,708 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Maximum Principal | | Outstanding
Principal | | Carrying
Value | | Unused Portion(1) | | Amount Available(2) | Revolving Credit Facility(3) | $ | 1,125,000 | | | $ | 578,709 | | | $ | 578,709 | | | $ | 546,291 | | | $ | 546,291 | | August 2028 Notes(4) | 150,000 | | | 150,000 | | | 149,589 | | | — | | | — | | August 2030 Notes(4) | 200,000 | | | 200,000 | | | 199,366 | | | — | | | — | | | Total | $ | 1,475,000 | | | $ | 928,709 | | | $ | 927,664 | | | $ | 546,291 | | | $ | 546,291 | |
(1)The unused portion is the amount upon which commitment fees, if any, are based. (2)The amount available reflects any limitations related to the Revolving Credit Facility’s borrowing base. (3)The Company may borrow amounts in USD or certain other permitted currencies. Debt outstanding denominated in currencies other than USD has been converted to USD using the applicable foreign currency exchange rate as of the applicable reporting date. As of June 30, 2026 and December 31, 2025, the Company had outstanding borrowings denominated in the following non-USD currencies:
| | | | | | | | | | | | | | | | | | | June 30, 2026 | | Australian Dollars (AUD) | | Euros (EUR) | | British Pounds (GBP) | | Revolving Credit Facility | A$ | 10,203 | | | € | 39,421 | | | £ | 9,299 | |
| | | | | | | | | | | | | | | | | | | December 31, 2025 | | Australian Dollars (AUD) | | Euros (EUR) | | British Pounds (GBP) | | Revolving Credit Facility | A$ | 10,203 | | | € | 39,421 | | | £ | 9,299 | |
(4)As of June 30, 2026 and December 31, 2025, the carrying value of the Company's Unsecured Notes are presented net of unamortized debt issuance costs, in the below table. Additionally, the carrying value of the Company's Unsecured Notes includes the increase (decrease) in the notes carrying value as a result of the qualifying fair value hedge relationship as disclosed in the below table, and as further described above.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | | Unamortized Debt Issuance Costs | | Cumulative Change in the Notes Carrying Value as a Result of the Qualifying Fair Value Hedge Relationship | | Unamortized Debt Issuance Costs | | Cumulative Change in the Notes Carrying Value as a Result of the Qualifying Fair Value Hedge Relationship | | August 2028 Notes | | $ | (598) | | | $ | (1,493) | | | $ | (737) | | | $ | 326 | | | August 2030 Notes | | (929) | | | (2,813) | | | (1,041) | | | 407 | | | Total | | $ | (1,527) | | | $ | (4,306) | | | $ | (1,778) | | | $ | 733 | |
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| Schedule of Debt |
The following table summarizes the average principal debt outstanding and the weighted average interest rate on all borrowings outstanding for the three and six months ended June 30, 2026 and 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Average principal debt outstanding | | $ | 884,128 | | | $ | 521,624 | | | $ | 920,339 | | | $ | 451,086 | | Weighted average interest rate(1) | | 6.2 | % | | 6.8 | % | | 6.2 | % | | 6.9 | % |
(1)The weighted average interest rate includes unused fees, amortization of deferred financing costs and debt issuance costs, and the net interest on interest rate swaps accounted for as hedges.
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| Schedule of Components of Interest Expense |
The components of interest expense were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | Borrowing interest expense | | $ | 12,582 | | | $ | 8,299 | | | $ | 26,140 | | | $ | 14,334 | | | | | Facility unused fees | | 474 | | | 284 | | | 896 | | | 577 | | | | | Amortization of financing costs | | 341 | | | 281 | | | 679 | | | 501 | | | | | Amortization of debt issuance costs | | 126 | | | — | | | 251 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | Net (gain) loss from interest rate swaps accounted for as hedges and the related hedged items | | 89 | | | — | | | 265 | | | — | | | | | Total interest expense | | $ | 13,612 | | | $ | 8,864 | | | $ | 28,231 | | | $ | 15,412 | | | | | Cash paid for interest expense | | $ | 8,210 | | | $ | 8,944 | | | $ | 28,466 | | | $ | 15,229 | | | |
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