v3.26.3
Consolidated Schedule of Investments (Parenthetical) - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2026
Dec. 31, 2025
Schedule of Investments [Line Items]    
Secured borrowings $ 1,349 $ 2,095
Fair value of securities $ 4,995 $ 9,082
Fair value percentage of net assets of company 1.80% 2.80%
Annual yield percentage 3.97% 3.67%
Secured Debt [Member]    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage   16.15%
SOFR | Secured Debt [Member]    
Schedule of Investments [Line Items]    
Interest rate, PIK 12.00%  
SOFR | Second Lien Senior Secured Loan And Unsecured Debt    
Schedule of Investments [Line Items]    
Interest rate, PIK 15.00% 15.00%
1 month SOFR    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage 3.91% 3.69%
3 month SOFR    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage 4.08% 3.65%
6 month SOFR    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage 4.27% 3.57%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Ej2 Communications, Inc. (dba Flashpoint) IT Services Interest Rate 11.65% Reference Rate and Spread S + 7.72% (Incl. 3.53% PIK) Maturity 06/30/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[3],[4],[5]   11.65%
Interest rate, PIK [1],[2],[3],[5]   3.53%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Ej2 Communications, Inc. (dba Flashpoint) IT Services Interest Rate 8.12% Reference Rate and Spread S + 4.19% Maturity 06/30/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[3],[4],[5]   8.12%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Ej2 Communications, Inc. (dba Flashpoint) IT Services Reference Rate and Spread S + 7.72% (Incl. 3.53% PIK) Maturity 06/30/27 One    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[7],[8],[9],[10] 3.53%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Ej2 Communications, Inc. (dba Flashpoint) IT Services Reference Rate and Spread S + 7.72%(Incl. 3.53% PIK) Maturity 06/30/27    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[7],[8],[9],[10] 3.53%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche K2 Towers II, LLC Wireless Telecommunication Services Interest Rate 8.23% Reference Rate and Spread S + 4.58% Maturity 05/02/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[3],[4],[5],[11]   8.23%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche K2 Towers II, LLC Wireless Telecommunication Services Interest Rate 8.66% Reference Rate and Spread S + 4.58% Maturity 05/02/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[7],[8],[9],[12] 8.66%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Octagon Towers LLC Wireless Telecommunication Services Interest Rate 10.12% Reference Rate and Spread S + 6.08% Maturity 09/04/28    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[3],[4],[5],[11]   10.12%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Octagon Towers LLC Wireless Telecommunication Services Interest Rate 9.06% Reference Rate and Spread S + 4.98% Maturity 09/04/28    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[7],[8],[9],[12] 9.06%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Peppertree Towers LLC Wireless Telecommunication Services Interest Rate 8.28% Reference Rate and Spread S + 4.58% Maturity 05/15/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[3],[4],[5],[11]   8.28%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Peppertree Towers, LLC Wireless Telecommunication Services Interest Rate 8.66% Reference Rate and Spread S + 4.58% Maturity 05/15/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[7],[8],[9],[12] 8.66%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Last-Out Unitranche Streamland Media Midco LLC Entertainment Reference Rate and Spread S + 6.50% (Incl. 5.50% PIK) Maturity 04/02/29    
Schedule of Investments [Line Items]    
Interest rate, PIK 5.50% [6],[7],[8],[9],[10],[13] 5.50% [2],[3],[5],[14],[15]
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt CDM Fitness Holdings, LLC Consumer Staples Distribution & Retail Interest Rate 10.07% Reference Rate and Spread S + 6.25% Maturity 06/17/26    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   10.07%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt CDM Fitness Holdings, LLC Consumer Staples Distribution & Retail Interest Rate 10.07% Reference Rate and Spread S + 6.25% Maturity 06/17/26 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   10.07%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Good Feet Worldwide LLC Specialty Retail Interest Rate 8.99% Reference Rate and Spread S + 5.00% Maturity 12/10/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   8.99%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Good Feet Worldwide LLC Specialty Retail Interest Rate 8.99% Reference Rate and Spread S + 5.00% Maturity 12/10/27 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   8.99%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt HAI Hospitality, Inc. Hotels, Restaurants & Leisure Interest Rate 9.42% Reference Rate and Spread S + 5.50% Maturity 12/06/28    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9] 9.42%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt HAI Hospitality, Inc. Hotels, Restaurants & Leisure Interest Rate 9.44% Reference Rate and Spread S + 5.50% Maturity 12/06/28    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.44%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt KBP BRANDS, LLC Hotels, Restaurants & Leisure Interest Rate 9.29% Reference Rate and Spread S + 5.25% Maturity 05/26/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9] 9.29%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt KBP BRANDS, LLC Hotels, Restaurants & Leisure Interest Rate 9.29% Reference Rate and Spread S + 5.25% Maturity 05/26/27 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9] 9.29%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt KBP BRANDS, LLC Hotels, Restaurants & Leisure Interest Rate 9.45% Reference Rate and Spread S + 5.50% Maturity 05/26/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.45%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt KBP BRANDS, LLC Hotels, Restaurants & Leisure Interest Rate 9.45% Reference Rate and Spread S + 5.50% Maturity 05/26/27 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.45%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt KBP BRANDS, LLC Hotels, Restaurants & Leisure Interest Rate 9.45% Reference Rate and Spread S + 5.50% Maturity 05/26/27 Two    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.45%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Keystone Purchaser LLC (dba Bridgeway) Ground Transportation Interest Rate 10.06% Reference Rate and Spread S + 5.75% Maturity 05/07/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9],[12] 10.06%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Keystone Purchaser LLC (dba Bridgeway) Ground Transportation Interest Rate 10.09% Reference Rate and Spread S + 5.75% Maturity 05/07/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9] 10.09%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Keystone Purchaser LLC (dba Bridgeway) Ground Transportation Interest Rate 10.09% Reference Rate and Spread S + 5.75% Maturity 05/07/27 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9] 10.09%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Keystone Purchaser LLC (dba Bridgeway) Ground Transportation Interest Rate 9.47% Reference Rate and Spread S + 5.75% Maturity 05/07/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.47%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Keystone Purchaser LLC (dba Bridgeway) Ground Transportation Interest Rate 9.68% Reference Rate and Spread S + 5.75% Maturity 05/07/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.68%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Keystone Purchaser LLC (dba Bridgeway) Ground Transportation Interest Rate 9.68% Reference Rate and Spread S + 5.75% Maturity 05/07/27 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5],[11]   9.68%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Khoros, LLC (fka Lithium Technologies, Inc.) Interactive Media & Services Interest Rate 10.00% Reference Rate and Spread 10.00% Maturity 05/23/30    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage 10.00% [6],[8],[9],[13] 10.00% [2],[4],[5],[14]
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Marquis Software Solutions Inc Consumer Finance Interest Rate 9.24% Reference Rate and Spread S + 5.25% Maturity 11/29/26    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.24%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Marquis Software Solutions Inc Consumer Finance Interest Rate 9.24% Reference Rate and Spread S + 5.25% Maturity 11/29/26 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.24%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Marquis Software Solutions Inc Consumer Finance Interest Rate 9.26% Reference Rate and Spread S + 5.25% Maturity 11/29/26    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5],[11]   9.26%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt PF Atlantic Holdco 2, LLC Hotels, Restaurants & Leisure Interest Rate 9.35% Reference Rate and Spread S + 5.50% Maturity 11/12/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.35%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt PF Atlantic Holdco 2, LLC Hotels, Restaurants & Leisure Interest Rate 9.56% Reference Rate and Spread S + 5.50% Maturity 11/12/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   9.56%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Streamland Media Midco LLC Entertainment Interest Rate 10.75% Reference Rate and Spread S + 5.50% (Incl. 1.00% PIK) Maturity 04/02/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9],[13] 10.75%  
Interest rate, PIK [6],[8],[9],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Streamland Media Midco LLC Entertainment Interest Rate 8.43% Reference Rate and Spread S + 4.50% Maturity 04/02/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [2],[4],[5],[11],[14]   8.43%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Streamland Media Midco LLC Entertainment Interest Rate 8.70% Reference Rate and Spread S + 5.50% (Incl. 1.00% PIK) Maturity 04/02/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [2],[4],[5],[14]   8.70%
Interest rate, PIK [2],[5],[14]   1.00%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Streamland Media Midco LLC Entertainment Interest Rate 9.43% Reference Rate and Spread S + 5.50% (Incl. 1.00% PIK) Maturity 04/02/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [2],[4],[5],[14]   9.43%
Interest rate, PIK [2],[5],[14]   1.00%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Streamland Media Midco LLC Entertainment Reference Rate and Spread S + 5.50% (Incl. 1.00% PIK) Maturity 04/02/29    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt Streamland Media Midco LLC Entertainment Reference Rate and Spread S + 5.50% (Incl. 1.00% PIK) Maturity 04/02/29 One    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt SugarCRM Inc. Software Interest Rate 8.82% Reference Rate and Spread S + 5.00% Maturity 07/30/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5]   8.82%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt SugarCRM Inc. Software Interest Rate 9.00% Reference Rate and Spread S + 5.00% Maturity 07/30/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9] 9.00%  
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt VRC Companies, LLC (dba Vital Records Control) Commercial Services & Supplies Interest Rate 9.34% Reference Rate and Spread S + 5.25% Maturity 06/29/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [1],[2],[4],[5],[14]   9.34%
Investment, Identifier [Axis]: Debt Investments United States 1st Lien/Senior Secured Debt VRC Companies, LLC (dba Vital Records Control) Commercial Services & Supplies Interest Rate 9.40% Reference Rate and Spread S + 5.50% Maturity 06/29/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9],[13] 9.40%  
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Chase Industries, Inc. (dba Senneca Holdings) Building Products Interest Rate 10.00% Reference Rate and Spread 10.00% Maturity 11/12/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9],[13] 10.00%  
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Chase Industries, Inc. (dba Senneca Holdings) Building Products Interest Rate 10.00% Reference Rate and Spread 10.00% PIK Maturity 11/12/29    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [6],[8],[9],[13] 10.00%  
Interest rate, PIK [6],[8],[9],[13] 10.00%  
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Chase Industries, Inc. (dba Senneca Holdings) Building Products Reference Rate and Spread 10.00% PIK Maturity 05/11/27    
Schedule of Investments [Line Items]    
Interest rate, PIK [2],[5],[14],[15]   10.00%
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Wine.com, LLC Beverages Interest Rate 16.15% Reference Rate and Spread S + 12.00% PIK Maturity 04/03/27    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [2],[4],[5],[14]   16.15%
Interest rate, PIK [2],[5],[14]   12.00%
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Wine.com, LLC Beverages Interest Rate 16.15% Reference Rate and Spread S + 12.00% PIK Maturity 04/03/27 One    
Schedule of Investments [Line Items]    
Investment interest Rate of Percentage [2],[4],[5],[11],[14],[16]   16.15%
Interest rate, PIK [2],[5],[11],[14],[16]   12.00%
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Wine.com, LLC Beverages Reference Rate and Spread S + 12.00% PIK Maturity 04/01/28    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[13] 12.00%  
Investment, Identifier [Axis]: Debt Investments United States 2nd Lien/Senior Secured Debt Wine.com, LLC Beverages Reference Rate and Spread S + 12.00% PIK Maturity 04/01/28 One    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[12],[13],[17] 12.00%  
Investment, Identifier [Axis]: Debt Investments United States Unsecured Debt Wine.com, Inc. Beverages Reference Rate and Spread S + 15.00% PIK Initial Acquisition Date 11/03/23 Maturity 04/03/27    
Schedule of Investments [Line Items]    
Interest rate, PIK [2],[5],[14],[15],[16],[18]   15.00%
Investment, Identifier [Axis]: Debt Investments United States Unsecured Debt Wine.com, Inc. Beverages Reference Rate and Spread S + 15.00% PIK Initial Acquisition Date 11/03/23 Maturity 04/03/27 One    
Schedule of Investments [Line Items]    
Interest rate, PIK [2],[5],[14],[15],[16],[18]   15.00%
Investment, Identifier [Axis]: Debt Investments United States Unsecured Debt Wine.com, Inc. Beverages Reference Rate and Spread S + 15.00% PIK Initial Acquisition Date 11/03/23 Maturity 04/03/27 Two    
Schedule of Investments [Line Items]    
Interest rate, PIK [2],[5],[14],[15],[18]   15.00%
Investment, Identifier [Axis]: Debt Investments United States Unsecured Debt Wine.com, Inc. Beverages Reference Rate and Spread S + 15.00% PIK Maturity 04/01/28    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[13],[17] 15.00%  
Investment, Identifier [Axis]: Debt Investments United States Unsecured Debt Wine.com, Inc. Beverages Reference Rate and Spread S + 15.00% PIK Maturity 04/01/28 One    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[13],[17] 15.00%  
Investment, Identifier [Axis]: Debt Investments United States Unsecured Debt Wine.com, Inc. Beverages Reference Rate and Spread S + 15.00% PIK Maturity 04/01/28 Two    
Schedule of Investments [Line Items]    
Interest rate, PIK [6],[8],[9],[10],[13] 15.00%  
Affiliated Investment    
Schedule of Investments [Line Items]    
Percentage of outstanding voting securities 5.00% 5.00%
[1] All, or a portion of, the assets are pledged as collateral for the term loan facility with JPMorgan Chase Bank, National Association (as amended, restated, supplemented or otherwise modified from time to time, the “JPM Term Loan Facility”). See Note 6 “Debt”.
[2] For Industry subtotal and percentage, see Note 4 "Investments"
[3] In exchange for the greater risk of loss, the “last-out” portion of the Company’s unitranche loan investment generally earns a higher interest rate than the “first-out” portions. The “first-out” portion would generally receive priority with respect to payment of principal, interest and any other amounts due thereunder over the “last-out” portion.
[4] Represents the actual interest rate for partially or fully funded debt in effect as of the reporting date. Certain investments are subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by the larger of the floor or the SOFR including SOFR adjustment, if any, ("S") at the borrower’s option, which reset periodically based on the terms of the credit agreement. S loans are typically indexed to 12 month, 6 month, 3 month or 1 month S rates. As of December 31, 2025, 1 month S was 3.69%, 3 month S was 3.65% and 6 month S was 3.57%. For investments with multiple reference rates or alternate base rates, the interest rate shown is the weighted average interest rate in effect at December 31, 2025.
[5] The fair value of the investment was determined using significant unobservable inputs. See Note 5 “Fair Value Measurement”.
[6] For Industry subtotal and percentage, see Note 4 "Investments."
[7] In exchange for the greater risk of loss, the “last-out” portion of the Company's unitranche loan investment generally earns a higher interest rate than the “first-out” portions. The “first-out” portion would generally receive priority with respect to payment of principal, interest and any other amounts due thereunder over the “last-out” portion.
[8] Represents the actual interest rate for partially or fully funded debt in effect as of the reporting date. Certain investments are subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by the larger of the floor or the SOFR including SOFR adjustment, if any, ("S") at the borrower's option, which reset periodically based on the terms of the credit agreement. S loans are typically indexed to 12 month, 6 month, 3 month or 1 month S rates. As of September 30, 2026, 1 month S was 3.91%, 3 month S was 4.08% and 6 month S was 4.27%. For investments with multiple reference rates or alternate base rates, the interest rate shown is the weighted average interest rate in effect at September 30, 2026.
[9] The fair value of the investment was determined using significant unobservable inputs. See Note 5 “Fair Value Measurement”.
[10] The investment is on non-accrual status. See Note 2 "Significant Accounting Policies".
[11] Position or portion thereof is an unfunded commitment, and no interest is being earned on the unfunded portion. The unfunded commitment may be subject to a commitment termination date that may expire prior to the maturity date stated. The negative cost, if applicable, is the result of the capitalized discount being greater than the principal amount outstanding on a loan. The negative fair value, if applicable, is the result of the capitalized discount on a loan. See Note 7 "Commitments and Contingencies".
[12] Position or portion thereof is an unfunded commitment, and no interest is being earned on the unfunded portion. The unfunded commitment may be subject to a commitment termination date that may expire prior to the maturity date stated. The negative cost, if applicable, is the result of the capitalized discount being greater than the principal amount outstanding on a loan. The negative fair value, if applicable, is the result of the capitalized discount on a loan. See Note 7"Commitments and Contingencies".
[13] Represents co-investments made with the Company’s affiliates in accordance with the terms of the exemptive relief received from the U.S. Securities and Exchange Commission (the "SEC"). See Note 3 “Significant Agreements and Related Party Transactions”.
[14] Represents co-investments made with the Company’s affiliates in accordance with the terms of the exemptive relief received from the U.S. Securities and Exchange Commission (the "SEC"). See Note 3 “Significant Agreements and Related Party Transactions”.
[15] The investment is on non-accrual status. See Note 2 "Significant Accounting Policies".
[16] The Company sold a participating interest of the portfolio company’s second lien senior secured loan and unsecured debt. As the transaction did not qualify for sale accounting in accordance with GAAP (as defined below), the Company recorded a corresponding $2,095 secured borrowing at fair value, which is included in “secured borrowings” in the accompanying Consolidated Statements of Financial Condition. As of December 31, 2025, the interest rate in effect for the secured borrowing was 16.15% and S + 15% PIK for the second lien senior secured loan and unsecured debt, respectively. See Note 2 "Significant Accounting Policies".
[17] The Company sold a participating interest of the portfolio company’s second lien senior secured loan and unsecured debt. As the transaction did not qualify for sale accounting in accordance with GAAP (as defined below), the Company recorded a corresponding $1,349 secured borrowing at fair value, which is included in “secured borrowings” in the accompanying Consolidated Statements of Financial Condition. As of September 30, 2026, the interest rate in effect for the secured borrowing was S + 12.00% PIK and S + 15.00% PIK for the second lien senior secured loan and unsecured debt, respectively. See Note 2 "Significant Accounting Policies".
[18] Securities exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), and may be deemed to be “restricted securities”. As of December 31, 2025, the aggregate fair value of these securities is $9,082 or 2.8% of the Company's net assets. The initial acquisition dates have been included for such securities.