v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows from Operating Activities    
Net Increase (Decrease) in Net Assets Resulting from Operations $ (16,886) $ 21,213
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchases of investments (30,321) (202,869)
Proceeds from investments and investment repayments 951,421 381,904
Collections of PIK interest and dividends 30,714 26,066
Net change in unrealized (gain) loss on investments 43,614 20,264
Net change in unrealized (gain) loss on translation of assets and liabilities in foreign currencies 855 (1,609)
Net realized (gain) loss on investments (3,512) 19,114
Net realized (gain) loss on foreign currency transactions relating to investments (1,611) (279)
Net realized (gain) loss on debt 926 0
Paid-in-kind interest and dividends (9,815) (16,221)
Net accretion/amortization of discount/premium on investments (2,810) (6,951)
Amortization of debt issuance costs 6,398 3,125
Changes in operating assets and liabilities:    
(Increase) decrease in interest and dividend receivable 7,953 5,142
(Increase) decrease in prepaid expenses and other assets (10,754) 435
Increase (decrease) in payable for investments purchased 0 1,014
Increase (decrease) in payable to affiliates (7,740) (2,246)
Increase (decrease) in accrued expenses and other liabilities (4,652) 6,606
Net cash provided by (used in) operating activities 953,780 254,708
Cash Flows from Financing Activities    
Borrowings on debt 57,000 170,002
Repayments of debt (605,134) (235,000)
Debt issuance costs (1,402) (1,232)
Repurchased shares 0 (151,683)
Distributions paid to shareholders (32,917) (38,710)
Return of capital distribution (409,386) 0
Net cash provided by (used in) financing activities (991,839) (256,623)
Net increase (decrease) in cash (38,059) (1,915)
Effect of exchange rate changes on foreign cash (62) 88
Cash, including foreign cash, beginning of period 59,362 50,891
Cash, including foreign cash, end of period 21,241 49,064
Supplemental and Non-Cash Information    
Interest paid during the period 30,985 40,463
Distributions declared during the period 38,673 68,528
Reinvestment of distributions during the period 5,756 32,373
Taxes, including excise tax, paid (refunded) during the period $ 471 $ 1,423