v3.26.3
N-2 - $ / shares
9 Months Ended
Sep. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Dec. 31, 2024
Cover [Abstract]        
Entity Central Index Key 0001834543      
Amendment Flag false      
Securities Act File Number 814-01378      
Document Type 10-Q      
Entity Registrant Name BLACKROCK DIRECT LENDING CORP.      
Entity Address, Address Line One 2951 28th Street      
Entity Address, Address Line Two Suite 1000      
Entity Address, City or Town Santa Monica      
Entity Address, State or Province CA      
Entity Address, Postal Zip Code 90405      
City Area Code 310      
Local Phone Number 566-1094      
Entity Emerging Growth Company true      
Entity Ex Transition Period true      
General Description of Registrant [Abstract]        
Investment Objectives and Practices [Text Block]

The Company is a Delaware corporation formed on October 12, 2020 and is an externally managed, closed-end, non-diversified management investment company. We have elected to be regulated as a BDC under the Investment Company Act of 1940, as amended (the “1940 Act”). Our investment objective is to achieve high risk-adjusted returns produced primarily from current income generated by investing primarily in senior secured corporate debt instruments. We seek to achieve our investment objective through investments in privately-originated, performing senior secured debt primarily in North America-based companies with target enterprise values between $100 million and $1.5 billion. Performing debt is debt that at the time of investment is not defaulted or, in the view of the

Advisor, distressed. The Company targets positions in first lien, second lien and unitranche debt, with a preference for floating-rate debt, which the Advisor believes provides flexibility to adapt to changing market conditions. The Company may invest in securities of any maturity and credit quality. Our investment activities will benefit from what we believe are the competitive advantages of our Advisor, including its diverse in-house skills, proprietary deal flow, and consistent and rigorous investment process focused on established, middle-market companies.

     
Risk Factors [Table Text Block]

Item 1A. Risk Factors

There have been no material changes to the risk factors discussed in our Annual Report on Form 10-K for the year ended
December 31, 2025 (the “Annual Report”). In addition to the other information set forth in this report, you should carefully consider the risk factors discussed in our Annual Report, which could materially affect our business, financial condition and/or operating results. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.

     
NAV Per Share $ 7.45 $ 8.94 $ 9.52 $ 9.57