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:        
Payment-in-Kind interest income from non-controlled/non-affiliated investments $ 3,891 $ 1,890 $ 7,515 $ 3,102
Dividend income from non-controlled/non-affiliated investments 983 1,411 2,060 2,398
Interest income from cash and cash equivalents 1   1 1
Total interest and dividend income 71,172 69,381 142,221 138,786
Fee income 150 94 218 168
Total fee income 150 94 218 168
Total investment income $ 71,322 69,475 $ 142,439 138,954
Investment, Issuer Affiliation [Extensible Enumeration] Non-controlled/non-affiliated investments   Non-controlled/non-affiliated investments  
Operating expenses:        
Base management fees (Note 3) $ 9,690 8,661 $ 19,118 16,998
Incentive fees (Note 3) 5,165 5,152 10,435 10,368
Interest and financing fees (Note 7) 25,461 24,273 50,190 48,373
Offering costs (Note 4) 14 11 26 23
Professional fees 2,000 2,070 4,075 4,220
Directors fees 92 92 184 184
Insurance expense 23 18 59 36
Operating expenses before fee waivers 42,445 40,277 84,087 80,202
Professional fees waivers (393)   (780)  
Total expenses, net of fee waiver 42,052 40,277 83,307 80,202
Net investment income (loss) 29,270 29,198 59,132 58,752
Net realized gains (losses):        
Foreign currency transactions 61 0 30 0
Interest Rate Swaps (43)   (43)  
Total net realized gains (losses) 528 1,023 515 1,342
Net change in unrealized appreciation (depreciation):        
Translation of assets and liabilities in foreign currencies 566 0 811 0
Total net change in unrealized appreciation (depreciation) (5,213) 2,891 (24,602) 3,059
Net increase (decrease) in net assets resulting from operations $ 24,585 $ 33,112 $ 35,045 $ 63,153
Per share information-basic and diluted:        
Net investment income (loss) basic $ 0.41 $ 0.46 $ 0.85 $ 0.93
Net investment income (loss) diluted 0.41 0.46 0.85 0.93
Net increase (decrease) in net assets resulting from operations basic 0.35 0.52 0.5 1
Net increase (decrease) in net assets resulting from operations diluted $ 0.35 $ 0.52 $ 0.5 $ 1
Weighted average shares outstanding basic 70,716,298 63,498,105 69,907,796 63,278,474
Weighted average shares outstanding diluted 70,716,298 63,498,105 69,907,796 63,278,474
Non-controlled/non-affiliated investments        
Investment income:        
Interest income from non-controlled/non-affiliated investments $ 66,297 $ 66,080 $ 132,645 $ 133,285
Payment-in-Kind interest income from non-controlled/non-affiliated investments 3,891 1,890 7,515 3,102
Dividend income from non-controlled/non-affiliated investments 983 1,411 2,060 2,398
Net realized gains (losses):        
Non-controlled/non-affiliated investments 510 1,023 528 1,342
Foreign currency transactions 61   30  
Net change in unrealized appreciation (depreciation):        
Non-controlled/non-affiliated investments/ Controlled /affiliated investments (3,723) $ 2,891 (23,590) $ 3,059
Controlled/affiliated investments        
Investment income:        
Interest income from non-controlled/non-affiliated investments     0  
Dividend income from non-controlled/non-affiliated investments     0  
Fee income     0  
Net realized gains (losses):        
Total net realized gains (losses)     0  
Net change in unrealized appreciation (depreciation):        
Non-controlled/non-affiliated investments/ Controlled /affiliated investments 140   301  
Net change in unrealized appreciation (depreciation) from interest rate swaps (2,196)   (2,124)  
Translation of assets and liabilities in foreign currencies $ 566   $ 811