v3.26.3
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS AND TEMPORARY EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Paid-in capital in excess of par
Accumulated Other Comprehensive Income
Distributions in excess of earnings
Beginning balance, Preferred Stock Classified as Temporary Equity (in shares) at Jun. 30, 2025 70,915,937        
Beginning balance, temporary equity at Jun. 30, 2025 $ 1,629,900        
Capital Transactions          
Issuance of preferred stock (in shares) 710,969        
Issuance of preferred stock $ 15,342        
Shares issued through reinvestment of dividends (in shares) 41,656        
Shares issued through reinvestment of dividends $ 997        
Redemption of Preferred Stock (in shares) (52,082)        
Redemption of Preferred Stock $ (1,302)        
Conversion of preferred stock to common stock (in shares) (966,718)        
Conversion of preferred stock to common stock $ (22,183)        
Net increase (decrease) in preferred dividend accrual        
Total increase (decrease) (in shares) (266,175)        
Total increase (decrease) $ (5,381)        
Ending balance, Preferred Stock Classified as Temporary Equity (in shares) at Sep. 30, 2025 70,649,762        
Ending balance, temporary equity at Sep. 30, 2025 $ 1,624,519        
Beginning balance, Common stock, shares outstanding (in shares) at Jun. 30, 2025   455,902,826      
Beginning of period, Net Assets at Jun. 30, 2025 2,988,772 $ 456 $ 4,182,453 [1]   $ (1,194,137) [1]
Net Increase (Decrease) in Net Assets and Temporary Equity Resulting from Operations:          
Net investment income 79,350       79,350 [1]
Net realized losses (5,095)       (5,095) [1]
Net change in unrealized gain (losses) 599       599 [1]
Distributions to Shareholders (Note 12)          
Distributions from earnings [1] (78,990)       (78,990)
Return of capital to common stockholders [1] (10,170)   (10,170)    
Capital Transactions          
Value of shares issued through reinvestment of dividends (in shares)   2,362,606      
Shares issued through reinvestment of dividends 6,711 $ 2 6,709 [1]    
Conversion of preferred stock to common stock (in shares)   7,650,920      
Conversion of preferred stock to common stock 23,613 $ 8 23,605 [1]    
Total increase (decrease) during period (in shares)   10,013,526      
Total increase (decrease) during period $ 16,018 $ 10 20,144 [1]   (4,136) [1]
Ending balance, Common stock, shares outstanding (in shares) at Sep. 30, 2025 465,916,352 465,916,352      
End of period, Net Assets at Sep. 30, 2025 $ 3,004,790 $ 466 4,202,597 [1]   (1,198,273) [1]
Beginning balance, Preferred Stock Classified as Temporary Equity (in shares) at Jun. 30, 2026 68,468,200        
Beginning balance, temporary equity at Jun. 30, 2026 $ 1,574,450        
Capital Transactions          
Issuance of preferred stock (in shares) 859,689        
Issuance of preferred stock $ 18,307        
Accretion of preferred stock to redemption value $ 2,043        
Shares issued through reinvestment of dividends (in shares) 38,051        
Shares issued through reinvestment of dividends $ 912        
Redemption of Preferred Stock (in shares) (237,309)        
Redemption of Preferred Stock $ (5,932)        
Conversion of preferred stock to common stock (in shares) (1,678,084)        
Conversion of preferred stock to common stock $ (38,695)        
Net increase (decrease) in preferred dividend accrual $ 10        
Total increase (decrease) (in shares) (1,017,653)        
Total increase (decrease) $ (23,355)        
Ending balance, Preferred Stock Classified as Temporary Equity (in shares) at Sep. 30, 2026 67,450,547        
Ending balance, temporary equity at Sep. 30, 2026 $ 1,551,095        
Beginning balance, Common stock, shares outstanding (in shares) at Jun. 30, 2026 512,746,556 512,746,556      
Beginning of period, Net Assets at Jun. 30, 2026 $ 2,928,846 $ 513 4,310,026 [1] $ 5,801 (1,387,494) [1]
Net Increase (Decrease) in Net Assets and Temporary Equity Resulting from Operations:          
Net investment income 76,359       76,359 [1]
Net realized losses (76,469)       (76,469) [1]
Net change in unrealized gain (losses) (27,218)       (27,218) [1]
Other Comprehensive Income (Loss):          
Gain (loss) on derivatives designated as cash flow hedges (1,147)     (1,147)  
Gains (losses) on excluded components relating to forward points 2,226     2,226  
Distributions to Shareholders (Note 12)          
Distributions from earnings (81,376)       (81,376) [1]
Capital Transactions          
Value of shares issued through reinvestment of dividends (in shares)   3,083,229      
Shares issued through reinvestment of dividends 6,441 $ 3 6,438 [1]    
Conversion of preferred stock to common stock (in shares)   20,466,000      
Conversion of preferred stock to common stock 47,427 $ 20 47,407 [1]    
Tax reclassification of net assets (Note 12)        
Total increase (decrease) during period (in shares)   23,549,229      
Total increase (decrease) during period $ (53,757) $ 23 53,845 [1] 1,079 [1] (108,704) [1]
Ending balance, Common stock, shares outstanding (in shares) at Sep. 30, 2026 536,295,785 536,295,785      
End of period, Net Assets at Sep. 30, 2026 $ 2,875,089 $ 536 $ 4,363,871 [1] $ 6,880 [1] $ (1,496,198) [1]
[1] Tax character of distributions is not yet finalized for the respective fiscal period and will not be finalized until we file our tax return for our tax year ending August 31, 2026. See Note 2 and Note 12 within the accompanying notes to consolidated financial statements for further discussion on tax reclassification of net assets and tax basis components of dividends.