v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Investment Income    
Total interest income (excluding PIK interest income) $ 116,154 $ 136,978
Total PIK Interest Income 16,454 15,416
Total interest income (Note 2) 132,608 152,394
Total dividend income 5,475 3,573
Total other income (Note 10) 13,658 1,657
Total Investment Income 151,741 157,624
Operating Expenses    
Base management fee (Note 13) 31,218 33,617
Income incentive fee (Note 13) 7,743 1,234
Interest and credit facility expenses 30,636 33,687
Allocation of overhead from Prospect Administration (Note 13) 5,524 5,524
Audit, compliance and tax related fees 656 899
Directors’ fees 150 150
Other general and administrative expenses 2,705 3,163
Total Operating Expenses 78,632 78,274
Reimbursement of Administration Expenses (Note 13) (3,250) 0
Total Net Operating Expenses 75,382 78,274
Net Investment Income 76,359 79,350
Net Investment Income 76,359 79,350
Net Realized and Net Change in Unrealized Gains (Losses) from Investments    
Net realized gains (losses) (71,607) (1,891)
Net change in unrealized gains (losses) (27,030) 599
Net Realized and Net Change in Unrealized Gains (Losses) from Investments (98,637) (1,292)
Net realized gains (losses) on extinguishment of debt 1,483 (77)
Net realized gains (losses) from derivative instruments and foreign currency transactions (572) 0
Net change in unrealized gains (losses) from derivative instruments and foreign currency transactions (188) 0
Net Increase (Decrease) in Net Assets Resulting from Operations (21,555) 77,981
Preferred Stock dividends (26,120) (26,767)
Net gain (loss) on redemptions of Preferred Stock (3,730) (1,362)
Gain (loss) on Accretion to Redemption Value of Preferred Stock (2,043) (1,765)
Net Increase (Decrease) in Net Assets Resulting from Operations applicable to Common Stockholders $ (53,448) $ 48,087
Basic and diluted earnings (loss) per common share (Note 11)    
Basic (in dollars per share) $ (0.10) $ 0.10
Diluted (in dollars per share) $ (0.10) $ 0.08
Weighted-average shares of common stock outstanding (Note 11)    
Basic (in shares) 524,466,279 461,356,032
Diluted (in shares) 524,466,279 876,657,018
Control investments    
Investment Income    
Total interest income (excluding PIK interest income) $ 52,227 $ 59,216
Total PIK Interest Income 13,338 11,794
Total interest income (Note 2) 65,565  
Total dividend income 2,416 877
Total other income (Note 10) 12,988 354
Net Realized and Net Change in Unrealized Gains (Losses) from Investments    
Net realized gains (losses) 131,559 847
Net change in unrealized gains (losses) (239,617) 14,181
Non-control/non-affiliate investments    
Investment Income    
Total interest income (excluding PIK interest income) 63,927 77,762
Total PIK Interest Income 3,116 3,622
Total dividend income 3,059 2,696
Total other income (Note 10) 670 1,303
Net Realized and Net Change in Unrealized Gains (Losses) from Investments    
Net realized gains (losses) (203,166) (2,738)
Net change in unrealized gains (losses) 221,006 (17,346)
Affiliate investments    
Investment Income    
Total interest income (Note 2) 0  
Total dividend income 0  
Total other income (Note 10) 0  
Net Realized and Net Change in Unrealized Gains (Losses) from Investments    
Net realized gains (losses) 0  
Net change in unrealized gains (losses) $ (8,419) $ 3,764