Portfolio Investments - Unobservable Inputs Used in Fair Value Measurement of Level 3 Investments (Details) $ in Thousands |
Jun. 30, 2026
USD ($)
|
Jun. 30, 2025
USD ($)
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 6,342,558
|
[1] |
$ 6,673,516
|
[2] |
| Subordinated Structured Notes |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
2,794
|
|
35,002
|
|
| Unsecured Debt |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
5,195
|
|
5,403
|
|
| Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
6,341,325
|
|
6,591,431
|
|
| Level 3 | Debt Securities, First Lien 1 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 1,387,300
|
|
$ 1,605,991
|
|
| Level 3 | Debt Securities, First Lien 1 | Discounted cash flow | Minimum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.080
|
|
0.078
|
|
| Level 3 | Debt Securities, First Lien 1 | Discounted cash flow | Maximum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.240
|
|
0.289
|
|
| Level 3 | Debt Securities, First Lien 1 | Discounted cash flow | Weighted Average | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.120
|
|
0.118
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 876,859
|
|
$ 902,617
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.065
|
|
0.065
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow | Minimum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.055
|
|
0.053
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.105
|
|
0.103
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow | Maximum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.083
|
|
0.083
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.073
|
|
0.073
|
|
| Level 3 | Debt Securities, First Lien 2 | Discounted cash flow | Weighted Average | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.061
|
|
0.060
|
|
| Level 3 | Debt Securities, First Lien 3 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.113
|
|
0.145
|
|
| Level 3 | Debt Securities, First Lien 3 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.160
|
|
0.388
|
|
| Level 3 | Debt Securities, First Lien 3 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.133
|
|
0.172
|
|
| Level 3 | Debt Securities, First Lien 3 | Enterprise market and discounted cash flow approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 655,124
|
|
$ 630,095
|
|
| Level 3 | Debt Securities, First Lien 3 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
5.3
|
|
4.8
|
|
| Level 3 | Debt Securities, First Lien 3 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
12.5
|
|
12.8
|
|
| Level 3 | Debt Securities, First Lien 3 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
9.7
|
|
10.6
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 506,062
|
|
$ 452,172
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
4.8
|
|
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Minimum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
3.0
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Minimum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
8.0
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
10.0
|
|
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Maximum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
3.5
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Maximum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
12.5
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
8.4
|
|
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Weighted Average | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
3.5
|
|
| Level 3 | Debt Securities, First Lien 4 | Market approach | Weighted Average | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
12.5
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 460,264
|
|
$ 351,480
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
5.0
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Minimum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
3.5
|
|
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Minimum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
8.8
|
|
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
11.5
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Maximum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
4.0
|
|
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Maximum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
13.3
|
|
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
9.8
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Weighted Average | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
4.0
|
|
|
|
| Level 3 | Debt Securities, First Lien 5 | Market approach | Weighted Average | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
13.3
|
|
|
|
| Level 3 | Debt Securities, First Lien 6 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 307,175
|
|
$ 236,073
|
|
| Level 3 | Debt Securities, First Lien 6 | Market approach | Minimum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.3
|
|
0.3
|
|
| Level 3 | Debt Securities, First Lien 6 | Market approach | Maximum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
3.0
|
|
2.0
|
|
| Level 3 | Debt Securities, First Lien 6 | Market approach | Weighted Average | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
1.5
|
|
1.7
|
|
| Level 3 | Debt Securities, First Lien 7 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 56,537
|
|
$ 78,736
|
|
| Level 3 | Debt Securities, First Lien 7 | Market approach | Minimum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.9
|
|
1.4
|
|
| Level 3 | Debt Securities, First Lien 7 | Market approach | Maximum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
1.6
|
|
2.2
|
|
| Level 3 | Debt Securities, First Lien 7 | Market approach | Weighted Average | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
1.3
|
|
2.2
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 54,739
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow | Minimum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.131
|
|
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.060
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow | Maximum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.131
|
|
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.080
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow | Weighted Average | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.131
|
|
|
|
| Level 3 | Debt Securities, First Lien 8 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.060
|
|
| Level 3 | Debt Securities, First Lien 8 | Enterprise market & discounted cash flow approach and option pricing model |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 18,034
|
|
|
|
| Level 3 | Debt Securities, First Lien 8 | Option Pricing Model | Minimum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.500
|
|
|
|
| Level 3 | Debt Securities, First Lien 8 | Option Pricing Model | Maximum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.600
|
|
|
|
| Level 3 | Debt Securities, First Lien 8 | Option Pricing Model | Weighted Average | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.600
|
|
|
|
| Level 3 | Debt Securities, First Lien 9 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.100
|
|
0.155
|
|
| Level 3 | Debt Securities, First Lien 9 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.200
|
|
0.310
|
|
| Level 3 | Debt Securities, First Lien 9 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.150
|
|
0.178
|
|
| Level 3 | Debt Securities, First Lien 9 | Enterprise market and discounted cash flow approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 49,114
|
|
| Level 3 | Debt Securities, First Lien 9 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 11,012
|
|
|
|
| Level 3 | Debt Securities, First Lien 9 | Market approach | Minimum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.4
|
|
| Level 3 | Debt Securities, First Lien 9 | Market approach | Maximum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
1.6
|
|
| Level 3 | Debt Securities, First Lien 9 | Market approach | Weighted Average | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.9
|
|
| Level 3 | Debt Securities, First Lien 10 | Discounted cash flow | Minimum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.264
|
|
| Level 3 | Debt Securities, First Lien 10 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.183
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Discounted cash flow | Maximum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.264
|
|
| Level 3 | Debt Securities, First Lien 10 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.203
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Discounted cash flow | Weighted Average | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.264
|
|
| Level 3 | Debt Securities, First Lien 10 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.183
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Enterprise market and discounted cash flow approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 9,375
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
8.0
|
|
| Level 3 | Debt Securities, First Lien 10 | Market approach | Minimum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
1.1
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
9.0
|
|
| Level 3 | Debt Securities, First Lien 10 | Market approach | Maximum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
1.5
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
9.0
|
|
| Level 3 | Debt Securities, First Lien 10 | Market approach | Weighted Average | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
1.5
|
|
|
|
| Level 3 | Debt Securities, First Lien 10 | Enterprise market & discounted cash flow approach and option pricing model |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 30,673
|
|
| Level 3 | Debt Securities, First Lien 10 | Option Pricing Model | Minimum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.450
|
|
| Level 3 | Debt Securities, First Lien 10 | Option Pricing Model | Maximum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.550
|
|
| Level 3 | Debt Securities, First Lien 10 | Option Pricing Model | Weighted Average | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.550
|
|
| Level 3 | Debt Securities, First Lien 11 | Discounted cash flow | Minimum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.172
|
|
| Level 3 | Debt Securities, First Lien 11 | Discounted cash flow | Maximum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.172
|
|
| Level 3 | Debt Securities, First Lien 11 | Discounted cash flow | Weighted Average | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.172
|
|
| Level 3 | Debt Securities, First Lien 11 | Enterprise market & discounted cash flow approach and option pricing model |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 11,852
|
|
| Level 3 | Debt Securities, First Lien 11 | Option Pricing Model | Minimum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.450
|
|
| Level 3 | Debt Securities, First Lien 11 | Option Pricing Model | Maximum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.550
|
|
| Level 3 | Debt Securities, First Lien 11 | Option Pricing Model | Weighted Average | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.550
|
|
| Level 3 | Debt Securities, First Lien 12 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 10,663
|
|
| Level 3 | Debt Securities, First Lien 12 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.100
|
|
| Level 3 | Debt Securities, First Lien 12 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.300
|
|
| Level 3 | Debt Securities, First Lien 12 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.153
|
|
| Level 3 | Debt Securities, First Lien 13 | Option Pricing Model |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 5,922
|
|
| Level 3 | Debt Securities, First Lien 13 | Option Pricing Model | Minimum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.300
|
|
| Level 3 | Debt Securities, First Lien 13 | Option Pricing Model | Maximum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.400
|
|
| Level 3 | Debt Securities, First Lien 13 | Option Pricing Model | Weighted Average | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.400
|
|
| Level 3 | Debt Securities, Second Lien 1 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 480,118
|
|
$ 651,091
|
|
| Level 3 | Debt Securities, Second Lien 1 | Discounted cash flow | Minimum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.114
|
|
0.110
|
|
| Level 3 | Debt Securities, Second Lien 1 | Discounted cash flow | Maximum | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.577
|
|
0.485
|
|
| Level 3 | Debt Securities, Second Lien 1 | Discounted cash flow | Weighted Average | Market yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.170
|
|
0.156
|
|
| Level 3 | Debt Securities, Second Lien 2 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 61,802
|
|
|
|
| Level 3 | Debt Securities, Second Lien 2 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
6.3
|
|
|
|
| Level 3 | Debt Securities, Second Lien 2 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
7.3
|
|
|
|
| Level 3 | Debt Securities, Second Lien 2 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
7.3
|
|
|
|
| Level 3 | Debt Securities, Second Lien 2 | Valuation Approach, Enterprise Value Waterfall |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 54,997
|
|
| Level 3 | Debt Securities, Second Lien 3 | Discounted cash flow | Minimum | Equity rates of return |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.250
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Discounted cash flow | Maximum | Equity rates of return |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.300
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Discounted cash flow | Weighted Average | Equity rates of return |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.250
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Enterprise market and discounted cash flow approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 21,402
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
9.3
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
9.8
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
9.5
|
|
|
|
| Level 3 | Debt Securities, Second Lien 3 | Asset recovery analysis |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 12,897
|
|
| Level 3 | Debt Securities, Second Lien 4 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.113
|
|
0.145
|
|
| Level 3 | Debt Securities, Second Lien 4 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.133
|
|
0.165
|
|
| Level 3 | Debt Securities, Second Lien 4 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.123
|
|
0.155
|
|
| Level 3 | Debt Securities, Second Lien 4 | Enterprise market and discounted cash flow approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 8,429
|
|
$ 7,387
|
|
| Level 3 | Debt Securities, Second Lien 4 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
5.3
|
|
4.8
|
|
| Level 3 | Debt Securities, Second Lien 4 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
8.0
|
|
7.8
|
|
| Level 3 | Debt Securities, Second Lien 4 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
6.6
|
|
6.3
|
|
| Level 3 | Debt Securities, Second Lien 5 | Asset recovery analysis |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 7,416
|
|
|
|
| Level 3 | Subordinated Structured Notes |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
2,794
|
|
$ 35,002
|
|
| Level 3 | Subordinated Structured Notes | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 2,794
|
|
$ 35,002
|
|
| Level 3 | Subordinated Structured Notes | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.138
|
|
0.160
|
|
| Level 3 | Subordinated Structured Notes | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.139
|
|
0.602
|
|
| Level 3 | Subordinated Structured Notes | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.139
|
|
0.177
|
|
| Level 3 | Unsecured Debt |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 5,195
|
|
$ 5,403
|
|
| Level 3 | Unsecured Debt | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 5,195
|
|
$ 5,403
|
|
| Level 3 | Unsecured Debt | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
5.3
|
|
5.8
|
|
| Level 3 | Unsecured Debt | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
6.8
|
|
7.0
|
|
| Level 3 | Unsecured Debt | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
6.8
|
|
7.0
|
|
| Level 3 | Preferred Equity 1 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 158,791
|
|
$ 89,912
|
|
| Level 3 | Preferred Equity 1 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
3.5
|
|
4.3
|
|
| Level 3 | Preferred Equity 1 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
10.0
|
|
11.3
|
|
| Level 3 | Preferred Equity 1 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
8.7
|
|
8.9
|
|
| Level 3 | Preferred Equity 2 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
6.0
|
|
3.3
|
|
| Level 3 | Preferred Equity 2 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
7.5
|
|
6.8
|
|
| Level 3 | Preferred Equity 2 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
7.2
|
|
5.3
|
|
| Level 3 | Preferred Equity 2 | Option Pricing Model | Minimum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.550
|
|
0.550
|
|
| Level 3 | Preferred Equity 2 | Option Pricing Model | Maximum | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.700
|
|
0.700
|
|
| Level 3 | Preferred Equity 2 | Option Pricing Model | Weighted Average | Expected volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.669
|
|
0.652
|
|
| Level 3 | Preferred Equity 2 | Enterprise market cash flow approach and option pricing model |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 35,496
|
|
$ 21,092
|
|
| Level 3 | Preferred Equity 3 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.060
|
|
| Level 3 | Preferred Equity 3 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.080
|
|
| Level 3 | Preferred Equity 3 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.060
|
|
| Level 3 | Preferred Equity 3 | Enterprise market cash flow approach and option pricing model |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 10,914
|
|
| Level 3 | Preferred Stock 4 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 6,697
|
|
| Level 3 | Preferred Stock 4 | Market approach | Minimum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.3
|
|
| Level 3 | Preferred Stock 4 | Market approach | Maximum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
2.0
|
|
| Level 3 | Preferred Stock 4 | Market approach | Weighted Average | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
1.1
|
|
| Level 3 | Liquidation Trust |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 6,500
|
|
| Level 3 | Liquidation Trust | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
12,264
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 1 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 503,988
|
|
$ 454,847
|
|
| Level 3 | Common Equity/Interests/Warrants 1 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
4.5
|
|
4.5
|
|
| Level 3 | Common Equity/Interests/Warrants 1 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
11.3
|
|
11.5
|
|
| Level 3 | Common Equity/Interests/Warrants 1 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
8.1
|
|
10.2
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 354,269
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.065
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow | Minimum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.053
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.103
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow | Maximum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.083
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.073
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Discounted cash flow | Weighted Average | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.060
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 500,514
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach | Minimum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
3.5
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach | Minimum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
8.8
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach | Maximum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
4.0
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach | Maximum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
13.3
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach | Weighted Average | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
4.0
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 2 | Market approach | Weighted Average | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
13.3
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 187,771
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.065
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow | Minimum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.055
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.105
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow | Maximum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.083
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.073
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Discounted cash flow | Weighted Average | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.061
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 308,346
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach | Minimum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
3.0
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach | Minimum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
8.0
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach | Maximum | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
3.5
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach | Maximum | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
12.5
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach | Weighted Average | Tangible book value multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
3.5
|
|
| Level 3 | Common Equity/Interests/Warrants 3 | Market approach | Weighted Average | Earnings multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
12.5
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 20,720
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.160
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.388
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.368
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Enterprise market and discounted cash flow approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 42,484
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Market approach | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.100
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
7.0
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Market approach | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.200
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
12.8
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Market approach | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.150
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 4 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
11.8
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 16,966
|
|
$ 32,206
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.065
|
|
0.065
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow | Minimum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
5.5
|
|
5.3
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.105
|
|
0.103
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow | Maximum | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.083
|
|
0.083
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.073
|
|
0.073
|
|
| Level 3 | Common Equity/Interests/Warrants 5 | Discounted cash flow | Weighted Average | Terminal Cap Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.061
|
|
0.060
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 14,710
|
|
$ 26,817
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
12.3
|
|
0.100
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.160
|
|
0.300
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.150
|
|
0.155
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Market approach | Minimum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
5.8
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Market approach | Maximum | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
12.5
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 6 | Market approach | Weighted Average | EBITDA multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
6.8
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 7 | Valuation Approach, Enterprise Value Waterfall |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 22,289
|
|
| Level 3 | Common Equity/Interests/Warrants 7 | Asset recovery analysis |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 12,077
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 3,128
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Discounted cash flow | Minimum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.4
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Discounted cash flow | Maximum | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
3.0
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Discounted cash flow | Weighted Average | Revenue multiple |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
3.0
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Valuation Approach, Enterprise Value Waterfall |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 11,880
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Valuation Approach, Enterprise Value Waterfall | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.123
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Valuation Approach, Enterprise Value Waterfall | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.160
|
|
| Level 3 | Common Equity/Interests/Warrants 8 | Valuation Approach, Enterprise Value Waterfall | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.130
|
|
| Level 3 | Common Equity/Interests/Warrants 9 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 2
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 9 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.215
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 9 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.225
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 9 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
0.215
|
|
|
|
| Level 3 | Common Equity/Interests/Warrants 9 | Asset recovery analysis |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 11,660
|
|
| Level 3 | Common Equity/Interests/Warrants 10 | Discounted cash flow |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
|
|
$ 4,614
|
|
| Level 3 | Common Equity/Interests/Warrants 10 | Discounted cash flow | Minimum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.200
|
|
| Level 3 | Common Equity/Interests/Warrants 10 | Discounted cash flow | Maximum | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.300
|
|
| Level 3 | Common Equity/Interests/Warrants 10 | Discounted cash flow | Weighted Average | Discount rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Unobservable Input |
|
|
0.205
|
|
|
|