v3.26.3
Debt (Tables)
9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

The Company's outstanding debt was as follows:

 

 

September 30, 2026

 

 

December 31, 2025

 

 

Aggregate
Borrowing
Amount
Committed

 

 

Amount
Available

 

 

Carrying
Value

 

 

Aggregate
Borrowing
Amount
Committed

 

 

Amount
Available

 

 

Carrying
Value

 

Credit Facility(1)

$

750,000

 

 

$

298,950

 

 

$

451,050

 

 

$

480,000

 

 

$

30,150

 

 

$

449,850

 

Total debt

$

750,000

 

 

$

298,950

 

 

$

451,050

 

 

$

480,000

 

 

$

30,150

 

 

$

449,850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Provides, under certain circumstances, a total borrowing capacity of $1,000,000.
Schedule of Credit Facility

The following table presents summary information regarding the Credit Facility:

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30, 2026

 

 

September 30, 2025

 

 

September 30, 2026

 

 

September 30, 2025

 

Borrowing interest expense

 

$

6,381

 

 

$

5,560

 

 

$

18,362

 

 

$

14,824

 

Facility fees

 

 

479

 

 

 

284

 

 

 

1,397

 

 

 

1,066

 

Amortization of financing costs

 

 

381

 

 

 

299

 

 

$

1,119

 

 

 

892

 

Total

 

$

7,241

 

 

$

6,143

 

 

$

20,878

 

 

$

16,782

 

Weighted average interest rate

 

 

5.62

%

 

 

6.65

%

 

 

5.57

%

 

 

6.65

%

 Average outstanding balance

 

$

450,724

 

 

$

331,518

 

 

$

440,401

 

 

$

298,259