v3.26.3
Joint Ventures - Schedule of Balance Sheet Information (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: $ 1,501,652 [1] $ 1,812,990 [2]
Receivable for investments sold and repaid 984 3,699
Total assets 1,554,750 1,854,800
Senior secured notes (net of unamortized debt issuance costs ) 884,283 1,125,580
Total liabilities 905,285 1,147,172
Total liabilities and shareholders' equity 1,554,750 1,854,800
Amortized Cost 1,638,824 [3] 1,942,096 [4]
Deferred financing costs, net 12,717 14,263
Senior Loan Fund Partners, LLC    
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: 181,677  
Cash and other assets 165  
Receivable for investments sold and repaid 306  
Interest receivable on investments 660  
Other assets 280  
Total assets 183,088  
Senior secured notes (net of unamortized debt issuance costs ) 122,385  
Interest payable 424  
Other liabilities 876  
Total liabilities 123,685  
Preferred SLFP LLC Interests (temporary equity), liquidation preference of $11,938 11,938  
Members' capital 47,465  
Total liabilities and shareholders' equity 183,088  
Amortized Cost 181,696  
Deferred financing costs, net 2,615  
CION/EagleTree    
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: 51,696 54,956
Dividend receivable on investments 197 186
Interest receivable on investments 11 67
Total assets 51,904 55,209
Senior secured notes (net of unamortized debt issuance costs ) 38,999 38,979
Other liabilities 128 137
Total liabilities 39,127 39,116
Members' capital 12,777 16,093
Total liabilities and shareholders' equity 51,904 55,209
Amortized Cost 53,984 56,772
Deferred financing costs, net $ 3 $ 23
[1] Fair value determined in good faith by CION Investment Management, LLC, or CIM, as the Company’s valuation designee, subject to oversight of the Company's board of directors (see Note 9 and Note 2), using significant unobservable inputs unless otherwise noted.
[2] Fair value determined in good faith by CIM, as the Company's valuation designee, subject to the oversight of the Company's board of directors (see Note 9 and Note 2), using significant unobservable inputs unless otherwise noted.
[3] Represents amortized cost for debt securities and cost for equity investments.
[4] Represents amortized cost for debt securities and cost for equity investments.