v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows from Operating Activities    
Increase (decrease) in net assets resulting from operations $ 48,928 $ 140,557
Adjustments to reconcile increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net change in unrealized (gains) losses on investments 38,640 (53,081)
Net change in unrealized (gains) losses on foreign currency transactions (15,114) 36,052
Net change in unrealized (gains) losses on interest rate swaps 71 0
Net realized (gains) losses on investments 48,215 34,919
Net realized (gains) losses on foreign currency transactions (78) 175
Net amortization of discount on investments (12,877) (20,720)
Amortization of deferred financing costs 5,304 4,987
Amortization of discount on debt 1,624 1,359
Purchases and originations of investments, net (619,388) (848,418)
Proceeds from investments, net 23,536 66,850
Repayments on investments 494,401 981,196
Paid-in-kind interest (18,040) (17,849)
Changes in operating assets and liabilities:    
Interest and dividend receivable (2,528) (498)
Interest receivable paid-in-kind (1,949) (177)
Prepaid expenses and other assets 633 (3,800)
Management fees payable to affiliate (49) (156)
Incentive fees on net investment income payable to affiliate (1,511) (1,486)
Incentive fees on net capital gains accrued to affiliate 0 (3,303)
Payable to affiliate 1,146 (648)
Other liabilities (43,376) 11,528
Net Cash Provided by (Used in) Operating Activities (52,412) 327,487
Cash Flows from Financing Activities    
Borrowings on debt 1,117,750 1,113,585
Repayments on debt (929,014) (1,249,545)
Deferred financing costs (8,127) (7,317)
Dividends paid to stockholders (106,860) (128,379)
Purchases of treasury stock (500) 0
Net Cash Provided by (Used in) Financing Activities 73,249 (271,656)
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 20,837 55,831
Cash, cash equivalents, and restricted cash, beginning of period 19,662 27,328
Cash, Cash Equivalents, and Restricted Cash, End of Period 40,499 83,159
Supplemental Information:    
Interest paid during the period 92,789 106,967
Excise and other taxes paid during the period 4,605 4,844
Dividends declared during the period 124,463 146,566
Non-Cash Financing Activities:    
Reinvestment of dividends during the period $ 17,605 $ 18,186