v3.26.3
Agreements and Related Party Transactions (Tables)
 9 Months Ended
Sep. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The table below presents the costs and expenses reimbursable to the Adviser under the terms of the Administration Agreement for the following periods:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
Costs and expenses reimbursable to the Adviser
$4,941 $1,891 $10,415 $5,712 
The table below presents the management fees for the following periods:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
Management fees
$56,252 $48,075 $164,293 $96,614 
Management fee waivers
(105)(105)(285)(228)
Management fees, net of management fee waivers
$56,147 $47,970 $164,008 $96,386 
The table below presents the incurred performance based incentive fees based on net investment income and accrued capital gains based incentive fees for the following periods:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
Performance based incentive fees based on net investment income
$27,457 $31,538 $84,892 $64,095 
Performance based incentive fees based on capital gains(1)
— 18,199 (38,804)23,135 
Total incentive fees$27,457 $49,737 $46,088 $87,230 
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(1)In the first quarter of 2026, the Company recorded a reversal of previously accrued performance based incentive fees based on capital gains of $38.8 million, driven by unrealized depreciation in the Company’s portfolio.