Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value And Balance Sheet Location of Company's Derivative Instruments

The following is a summary of the fair value and location of the Company’s derivative instruments not designated as a qualifying hedge accounting relationship in the consolidated balance sheets held as of September 30, 2024 and December 31, 2023:

Derivative Instrument	Statement Location	September 30, 2024 (Unaudited)		December 31, 2023
Foreign currency forward contracts	Unrealized appreciation on foreign currency forward contracts	$	0	$	13
Foreign currency forward contracts	Unrealized depreciation on foreign currency forward contracts	(10)		(4)
Total		$	(10)	$	9

The following is a summary of the fair value and location of the Company’s derivative instruments in the consolidated balance sheets held as of September 30, 2024:

Derivative Instrument	Notional Amount		Maturity Date	Gross Amount of Recognized Assets		Gross Amount of Recognized Liabilities		Statement Location
Interest rate swap(1)	$	200	8/15/2029	$	6	$	—	Prepaid expenses and other assets
Interest rate swap(1)	$	400	8/15/2029	12		—		Prepaid expenses and other assets
Total				$	18	$	—

___________

(1)The asset related to the fair value of the interest rate swaps was offset by a $18 increase to the carrying value of the 6.875% Notes due 2029.

Schedule of Net Realized and Unrealized Gain (Loss) on Derivative Instruments

Net realized and unrealized gains and losses on derivative instruments not designated as a qualifying hedge accounting relationship recorded by the Company for the nine months ended September 30, 2024 and 2023 are in the following locations in the consolidated statements of operations:

		Nine Months Ended September 30,
Derivative Instrument	Statement Location	2024		2023
Foreign currency forward contracts	Net realized gain (loss) on foreign currency forward contracts	$	20	$	7
Foreign currency forward contracts	Net change in unrealized appreciation (depreciation) on foreign currency forward contracts	(19)		(3)
Total		$	1	$	4

Schedule of Offsetting Assets

The following tables present the Company’s assets and liabilities related to derivatives by counterparty, net of amounts available for offset under a master netting arrangement and net of any collateral received or pledged by the Company for such assets and liabilities as of September 30, 2024 and December 31, 2023:

	As of September 30, 2024 (Unaudited)
Counterparty	Derivative Assets Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Received(1)		Cash Collateral Received(1)		Net Amount of Derivative Assets(2)
JP Morgan Chase Bank	$	0	$	0	$	—	$	—	$	—
Total	$	0	$	0	$	—	$	—	$	—
Counterparty	Derivative Liabilities Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Pledged(1)		Cash Collateral Pledged(1)		Net Amount of Derivative Liabilities(3)
JP Morgan Chase Bank	$	(10)	$	—	$	—	$	—	$	(10)
Total	$	(10)	$	—	$	—	$	—	$	(10)

	As of December 31, 2023
Counterparty	Derivative Assets Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Received(1)		Cash Collateral Received(1)		Net Amount of Derivative Assets(2)
JP Morgan Chase Bank	$	13	$	(4)	$	—	$	—	$	9
Total	$	13	$	(4)	$	—	$	—	$	9
Counterparty	Derivative Liabilities Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Pledged(1)		Cash Collateral Pledged(1)		Net Amount of Derivative Liabilities(3)
JP Morgan Chase Bank	$	(4)	$	4	$	—	$	—	$	—
Total	$	(4)	$	4	$	—	$	—	$	—

___________

(1)In some instances, the actual amount of the collateral received and/or pledged may be more than the amount shown due to overcollateralization.

(2)Net amount of derivative assets represents the net amount due from the counterparty to the Company.

(3)Net amount of derivative liabilities represents the net amount due from the Company to the counterparty.

Schedule of Offsetting Liabilities

The following tables present the Company’s assets and liabilities related to derivatives by counterparty, net of amounts available for offset under a master netting arrangement and net of any collateral received or pledged by the Company for such assets and liabilities as of September 30, 2024 and December 31, 2023:

	As of September 30, 2024 (Unaudited)
Counterparty	Derivative Assets Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Received(1)		Cash Collateral Received(1)		Net Amount of Derivative Assets(2)
JP Morgan Chase Bank	$	0	$	0	$	—	$	—	$	—
Total	$	0	$	0	$	—	$	—	$	—
Counterparty	Derivative Liabilities Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Pledged(1)		Cash Collateral Pledged(1)		Net Amount of Derivative Liabilities(3)
JP Morgan Chase Bank	$	(10)	$	—	$	—	$	—	$	(10)
Total	$	(10)	$	—	$	—	$	—	$	(10)

	As of December 31, 2023
Counterparty	Derivative Assets Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Received(1)		Cash Collateral Received(1)		Net Amount of Derivative Assets(2)
JP Morgan Chase Bank	$	13	$	(4)	$	—	$	—	$	9
Total	$	13	$	(4)	$	—	$	—	$	9
Counterparty	Derivative Liabilities Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Pledged(1)		Cash Collateral Pledged(1)		Net Amount of Derivative Liabilities(3)
JP Morgan Chase Bank	$	(4)	$	4	$	—	$	—	$	—
Total	$	(4)	$	4	$	—	$	—	$	—

___________

(1)In some instances, the actual amount of the collateral received and/or pledged may be more than the amount shown due to overcollateralization.

(2)Net amount of derivative assets represents the net amount due from the counterparty to the Company.

(3)Net amount of derivative liabilities represents the net amount due from the Company to the counterparty.