v3.26.3
Debt - Schedule of Senior Secured Credit Facility Secured (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Restricted cash $ 51,840 $ 31,481
Interest receivable 8,149 7,321
Total assets 2,132,277 1,630,769
Liabilities    
Debt, net of unamortized debt issuance costs 1,127,735 919,149
Interest payable 17,053 10,510
Accrued expenses and other liabilities 2,080 1,330
Total liabilities 1,167,378 953,769
Senior Secured Credit Facility [Member]    
Assets    
Investments at fair value [1] 1,168,692 1,122,696
Restricted cash 23,712 22,159
Interest receivable 4,476 5,094
Deferred financing costs 6,404 6,728
Prepaid expenses and other assets 29 60
Total assets 1,203,313 1,156,737
Liabilities    
Debt, net of unamortized debt issuance costs 576,687 599,239
Interest payable 7,093 7,580
Accrued expenses and other liabilities 67 56
Total liabilities 583,847 606,875
CLO Notes [Member]    
Assets    
Investments at fair value 395,859 397,674
Restricted cash 8,984 9,322
Interest receivable 1,621 1,729
Deferred financing costs 93 0
Prepaid expenses and other assets 18 35
Total assets 406,575 408,760
Liabilities    
Debt, net of unamortized debt issuance costs [2] 270,159 269,910
Interest payable 2,691 2,715
Accrued expenses and other liabilities 343 171
Total liabilities 273,193 $ 272,796
2026 CLO Notes    
Assets    
Investments at fair value 397,411  
Restricted cash 19,143  
Interest receivable 1,698  
Prepaid expenses and other assets 11  
Total assets 418,263  
Liabilities    
Debt, net of unamortized debt issuance costs [3] 259,889  
Interest payable 7,008  
Accrued expenses and other liabilities 367  
Total liabilities $ 267,264  
[1] The fair value of these debt obligations would be categorized as Level 3 under ASC 820 as of September 30, 2026.
[2] Excludes the 2025 Class C Notes and 2025 Subordinated Notes which are eliminated in consolidation.
[3] Excludes the 2026 Subordinated Notes which are eliminated in consolidation.