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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 257 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Operating Activities          
Net increase (decrease) in net assets resulting from operations     $ 48,447 $ 48,044  
Net realized (gains) losses $ 17,238 $ 15,638 14,151 23,725  
Net change in unrealized (gains) losses     8,073 (13,685)  
Net amortization of premiums and accretion of discounts on investments     (3,549) (3,577)  
Accretion of discount on notes     906 890  
Amortization of deferred financing costs     2,619 2,591  
Increase in gains/(losses) from foreign currency transactions     (36) (584)  
Net realized gains/(losses) on foreign currency forwards (610)   (610)    
PIK interest and dividends capitalized     (11,390) (5,937)  
Net unrealized (appreciation) depreciation on foreign currency forward contracts     9    
Purchases of investments     (680,122) (395,485)  
Proceeds from sales and repayments of investments     412,795 289,139  
Changes in operating assets and liabilities:          
Decrease (increase) in interest receivable     (9,275) 1,303  
Decrease (increase) in dividends receivable     50 633  
Decrease (increase) in prepaid expenses and other assets     (3,458) (1,003)  
Increase (decrease) in management and performance-based incentive fees payable     (1,655) (767)  
Increase (decrease) in interest payable     3,748 744  
Increase (decrease) in accrued administrative services expense     (60) 179  
Increase (decrease) in other liabilities and accrued expenses     (2,991) (382)  
Net Cash (Used in)/Provided by Operating Activities     (222,348) (54,172)  
Financing Activities          
Issuances of debt     1,208,562 213,322  
Payments of debt     (913,000) (164,371)  
Financing costs paid and deferred     0 (250)  
Repurchase of common stock     (6,079)   $ (254,186)
Distributions paid     (71,092) (49,595)  
Net Cash (Used in)/Provided by Financing Activities     218,391 (894)  
Cash, Cash Equivalents and Foreign Currencies          
Net increase (decrease) in cash, cash equivalents and foreign currencies during the period     (3,957) (55,066)  
Effect of foreign exchange rate changes on cash and cash equivalents     67 (25)  
Cash, cash equivalents and foreign currencies at beginning of period     75,786 122,128  
Cash, Cash Equivalents and Foreign Currencies at the End of Period $ 71,896 $ 67,037 71,896 67,037 $ 71,896
Supplemental Disclosure of Cash Flow Information          
Cash interest paid     55,821 48,836  
Supplemental Disclosure of Non-Cash Activity          
PIK income     $ 9,926 $ 4,502