v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Investment Income, Nonoperating [Abstract]        
PIK interest income $ 2,882 $ 4,192 $ 11,162 $ 12,886
Total Investment Income 61,982 82,576 202,035 242,520
Expenses        
Management fees 4,858 6,069 15,631 18,209
Performance-based incentive fees   5,818   16,100
Interest and other debt expenses 26,046 33,038 81,598 96,083
Administrative services expense 1,357 1,029 3,908 3,055
Other general and administrative expenses 2,188 1,599 6,451 4,457
Total expenses 34,449 47,553 107,588 137,904
Expense reimbursements (63) (284) (187) (1,370)
Net Expenses 34,386 47,269 107,401 136,534
Net Investment Income 27,596 35,307 94,634 105,986
Net realized gains (losses):        
Net realized gains (losses)     (38,631) (32,511)
Foreign currency forward contracts (287) 0 951 (610)
Foreign currency transactions 2 (160) (4,325) (196)
Net realized gains (losses) (29,092) (19,167) (42,005) (33,317)
Net change in unrealized gains (losses):        
Foreign currency forward contracts 485 0 1,256 (9)
Foreign currency translations (3) 859 3,264 (2,505)
Net change in unrealized gains (losses) (14,939) 11,314 (113,440) 3,231
Net Realized and Change in Unrealized Gains (Losses) (44,031) (7,853) (155,445) (30,086)
Net Increase (Decrease) in Net Assets Resulting from Operations $ (16,435) $ 27,454 $ (60,811) $ 75,900
Earnings (Loss) Per Share - Basic $ (0.2) $ 0.29 $ (0.71) $ 0.81
Non-controlled/Non-affiliated Investments        
Investment Income, Nonoperating [Abstract]        
Interest income (excluding Payment-in-kind ("PIK") interest income) $ 56,253 $ 72,964 $ 179,422 $ 212,495
Dividend income     88  
PIK interest income 2,607 3,785 10,717 11,724
Other income 444 458 1,600 1,003
Net realized gains (losses):        
Net realized gains (losses) (28,719) (18,988) (38,410) (32,187)
Net change in unrealized gains (losses):        
Net change in unrealized gains (losses) 6,500 (3,688) (50,150) (12,300)
Non-controlled/Affiliated Investments        
Investment Income, Nonoperating [Abstract]        
Interest income (excluding Payment-in-kind ("PIK") interest income) 877 1,548 2,816 4,293
Dividend income 201 200 654 640
PIK interest income 275 407 445 1,162
Other income 17   17  
Net realized gains (losses):        
Net realized gains (losses) (82) (19) (213) (324)
Net change in unrealized gains (losses):        
Net change in unrealized gains (losses) (8,247) (1,173) (26,738) (3,565)
Controlled Investments        
Investment Income, Nonoperating [Abstract]        
Interest income (excluding Payment-in-kind ("PIK") interest income) 1,308 3,214 6,276 11,193
Other income       10
Net realized gains (losses):        
Net realized gains (losses) (6)   (8)  
Net change in unrealized gains (losses):        
Net change in unrealized gains (losses) $ (13,674) $ 15,316 $ (41,072) $ 21,610