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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income        
Total Investment Income $ 77,839 $ 71,200 $ 209,155 $ 200,269
Expenses        
Interest 18,851 9,856 40,416 28,999
Management fees 10,330 9,545 29,148 27,701
Incentive fees on net investment income 7,882 8,466 22,483 23,273
Incentive fees on net capital gains (22) 3,444 (7,720) 13,548
Professional fees 2,002 1,626 5,300 4,806
Directors’ fees 181 180 546 548
Other general and administrative 1,268 1,569 4,013 4,688
Total expenses 40,492 34,686 94,186 103,563
Management fees waived (Note 3) (189) (60) (201) (190)
Net Expenses 40,303 34,626 93,985 103,373
Net Investment Income Before Income Taxes 37,536 36,574 115,170 96,896
Income taxes, including excise taxes 356 104 1,456 729
Net Investment Income 37,180 36,470 113,714 96,167
Net change in unrealized gains (losses):        
Unrealized gains (losses) on investments     (76,290) 68,233
Translation of other assets and liabilities in foreign currencies 9,223 3,711 15,095 4,289
Interest rate swaps (2,591) (1,502) (7,184) (4,775)
Total net change in unrealized gains (losses) (5,134) 29,046 (68,379) 67,747
Realized gains (losses):        
Realized gains (losses) on investments     14,436 6,096
Interest rate swaps 2,251   2,251  
Foreign currency transactions (199) (48) (231) (48)
Total net realized gains (losses) 2,385 (10,560) 16,456 6,048
Total Net Unrealized and Realized Gains (Losses) (2,749) 18,486 (51,923) 73,795
Increase in Net Assets Resulting from Operations $ 34,431 $ 54,956 $ 61,791 $ 169,962
Earnings per common share-basic $ 0.43 $ 0.75 $ 0.80 $ 2.37
Weighted average shares of common stock outstanding-basic 79,476,419 72,808,730 77,250,889 71,696,874
Earnings per common share-diluted   $ 0.70   $ 2.19
Weighted average shares of common stock outstanding-diluted   80,515,411   79,403,555
Non-controlled, Non-affiliated Investments        
Income        
Interest from investments $ 73,769 $ 67,369 $ 198,047 $ 188,852
Dividend income 3 804 1,361 2,081
Other income 2,741 1,777 6,091 5,191
Total Investment Income 76,513 69,950 205,499 196,124
Net change in unrealized gains (losses):        
Unrealized gains (losses) on investments (9,080) 7,674 (71,428) 43,111
Realized gains (losses):        
Realized gains (losses) on investments 278 (10,512) 708 6,129
Non-controlled, Affiliated Investments        
Income        
Interest from investments   210 133 630
Dividend income       545
Total Investment Income   210 133 1,175
Net change in unrealized gains (losses):        
Unrealized gains (losses) on investments   4,115 (14,350) 10,206
Realized gains (losses):        
Realized gains (losses) on investments     13,673 (33)
Controlled, Affiliated Investments        
Income        
Interest from investments 1,325 1,038 3,520 2,963
Other income 1 2 3 7
Total Investment Income 1,326 1,040 3,523 2,970
Net change in unrealized gains (losses):        
Unrealized gains (losses) on investments (2,686) $ 15,048 9,488 $ 14,916
Realized gains (losses):        
Realized gains (losses) on investments $ 55   $ 55