XML 59 R50.htm IDEA: XBRL DOCUMENT v3.24.0.1
Investments - Schedule of Changes in Fair Value of Investments (Detail) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Schedule of Investments [Line Items]    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance $ 2,521,943 $ 2,396,036
Net realized gains (losses) (69,512) 7,469
Net change in unrealized gains (losses) 13,101 5,380
Net amortization on investments 14,754 7,790
Purchases, including capitalized PIK 641,805 [1] 575,914 [2]
Sales (725,703) [1] (660,202) [2]
Transfers out of Level 3 [3] (352)  
Transfers into Level 3 [4]   595
Fair value, Ending balance 2,396,036 2,332,982
Net change in unrealized gains (losses) on Level 3 investments still held (57,714) 6,375
First Lien Secured Debt | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance [5] 2,259,506 2,130,309 [6]
Net realized gains (losses) (791) [5] 8,066 [6]
Net change in unrealized gains (losses) (18,690) [5] 1,808 [6]
Net amortization on investments 11,881 [5] 7,536 [6]
Purchases, including capitalized PIK 501,950 [1],[5] 521,876 [2],[6]
Sales (625,264) [1],[5] (594,564) [2],[6]
Transfers out of Level 3 [3],[5] 1,717  
Fair value, Ending balance [6] 2,130,309 [5] 2,075,031
Net change in unrealized gains (losses) on Level 3 investments still held (17,540) [5] 334 [6]
Second Lien Secured Debt | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance [5] 97,844 70,919 [6]
Net realized gains (losses) (27) [5] (978) [6]
Net change in unrealized gains (losses) (16,582) [5] 20,424 [6]
Net amortization on investments 2,873 [5] 254 [6]
Purchases, including capitalized PIK 204 [1],[5] 138 [2],[6]
Sales (11,676) [1],[5] (58,870) [2],[6]
Transfers out of Level 3 [3],[5] (1,717)  
Fair value, Ending balance [6] 70,919 [5] 31,887
Net change in unrealized gains (losses) on Level 3 investments still held (17,835) [5] (1,613) [6]
Unsecured Debt | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance   50
Purchases, including capitalized PIK 50 [1] 2 [2]
Sales [2]   (52)
Fair value, Ending balance 50  
Structured Products And Other | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance 10,038 9,413
Net change in unrealized gains (losses) (625) 3,924
Purchases, including capitalized PIK [2]   30,077
Sales [2]   (2,081)
Fair value, Ending balance 9,413 41,333
Net change in unrealized gains (losses) on Level 3 investments still held (625) 4,977
Preferred Equity | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance 30,162 35,557
Net change in unrealized gains (losses) 6,164 11,692
Purchases, including capitalized PIK 1,280 [1] 67 [2]
Sales (2,049) [1] (14,911) [2]
Fair value, Ending balance 35,557 32,405
Net change in unrealized gains (losses) on Level 3 investments still held 9,103 (1,258)
Common Equity/Interests | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance 124,294 149,314
Net realized gains (losses) (68,694) 381
Net change in unrealized gains (losses) 42,713 (32,193)
Purchases, including capitalized PIK 138,067 [1] 23,754 [2]
Sales (86,714) [1] 10,276 [2]
Transfers out of Level 3 [3] (352)  
Transfers into Level 3 [4]   595
Fair value, Ending balance 149,314 152,127
Net change in unrealized gains (losses) on Level 3 investments still held (30,939) 4,209
Warrants - Warrants | Level 3    
Schedule of Investments [Line Items]    
Fair value, Beginning balance 99 474
Net change in unrealized gains (losses) 121 (275)
Purchases, including capitalized PIK [1] 254  
Fair value, Ending balance 474 199
Net change in unrealized gains (losses) on Level 3 investments still held $ 122 $ (274)
[1] Includes reorganizations and restructuring of investments.
[2] Includes reorganizations and restructuring of investments.
[3] Transfers out of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into Level 3 are due to a decrease in the quantity and reliability of broker quotes obtained as assessed by the Investment Adviser. Transfers are assumed to have occurred at the end of the period. There were no transfers between Level 1 and Level 2 fair value measurements during the period shown.
[4] Transfers out of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into Level 3 are due to a decrease in the quantity and reliability of broker quotes obtained as assessed by the Investment Adviser. Transfers are assumed to have occurred at the end of the period. There were no transfers between Level 1 and Level 2 fair value measurements during the period shown.
[5] Includes unfunded commitments measured at fair value of $(2,479).
[6] Includes unfunded commitments measured at fair value of $(3,602).