XML 20 R9.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Beginning balance   $ 1,341,569   $ 1,275,848   $ 1,161,315 $ 1,341,569 $ 1,275,848 $ 1,161,315
Beginning balance, Shares   81,389,287   75,771,542   67,684,209 81,389,287 75,771,542 67,684,209
Net investment income $ 54,684 $ 42,937 $ 52,613 $ 35,712 $ 46,191 $ 32,310 $ 196,399 $ 166,327 $ 142,359
Net change in unrealized gains (losses) on investments and foreign currency translation             13,191 (74,969) 40,546
Net realized gain (loss) on investments and foreign currency transactions             12,433 16,695 28,875
Purchases of treasury stock             $ (6,200) $ (6,168)  
Purchases of treasury stock, Shares             0 368,206  
Issuance of common stock, net of offering and underwriting costs             $ 89,204   85,904
Common stock issued in settlement of convertible notes               $ 77,642 42,273
Stock issued in connection with dividend reinvestment plan             $ 23,545 $ 30,516 36,351
Stock issued in connection with dividend reinvestment plan, Shares             1,265,212 1,625,826  
Dividends declared from distributable earnings             $ (179,966) $ (144,322) (261,490)
Ending balance $ 1,496,375   $ 1,341,569   $ 1,275,848   $ 1,496,375 $ 1,341,569 $ 1,275,848
Ending balance,Shares 87,829,499   81,389,287   75,771,542   87,829,499 81,389,287 75,771,542
Accounting Standards Update [Extensible Enumeration]                 Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment                  
Beginning balance           (285)     $ (285)
Common Stock                  
Beginning balance   $ 821   $ 761   $ 680 $ 821 $ 761 $ 680
Beginning balance, Shares   81,389,287   75,771,542   67,684,209 81,389,287 75,771,542 67,684,209
Purchases of treasury stock, Shares               (368,206)  
Issuance of common stock, net of offering and underwriting costs             $ 52   $ 41
Issuance of common stock, net of offering and underwriting costs, Shares             5,175,000   4,049,689
Common stock issued in settlement of convertible notes               $ 44 $ 24
Common stock issued in settlement of convertible notes, Shares               4,360,125 2,324,820
Stock issued in connection with dividend reinvestment plan             $ 12 $ 16 $ 16
Stock issued in connection with dividend reinvestment plan, Shares             1,265,212 1,625,826 1,712,824
Ending balance $ 885   $ 821   $ 761   $ 885 $ 821 $ 761
Ending balance,Shares 87,829,499   81,389,287   75,771,542   87,829,499 81,389,287 75,771,542
Treasury Stock                  
Beginning balance   $ (10,459)   $ (4,291)   $ (4,291) $ (10,459) $ (4,291) $ (4,291)
Beginning balance, Shares   664,250   296,044   296,044 664,250 296,044 296,044
Purchases of treasury stock               $ 6,168  
Purchases of treasury stock, Shares               368,206  
Ending balance $ (10,459)   $ (10,459)   $ (4,291)   $ (10,459) $ (10,459) $ (4,291)
Ending balance,Shares 664,250   664,250   296,044   664,250 664,250 296,044
Paid in Capital in Excess of Par                  
Beginning balance   $ 1,294,751   $ 1,189,275   $ 1,025,676 $ 1,294,751 $ 1,189,275 $ 1,025,676
Issuance of common stock, net of offering and underwriting costs             89,152   85,863
Common stock issued in settlement of convertible notes               77,598 42,249
Stock issued in connection with dividend reinvestment plan             23,533 30,500 36,335
Tax reclassification of stockholders' equity in accordance with GAAP [1]             (2,263) (2,622) (391)
Ending balance $ 1,405,173   $ 1,294,751   $ 1,189,275   1,405,173 1,294,751 1,189,275
Paid in Capital in Excess of Par | Cumulative Effect, Period of Adoption, Adjustment                  
Beginning balance           (457)     (457)
Distributable Earnings                  
Beginning balance   $ 56,456   $ 90,103   139,250 56,456 90,103 139,250
Net investment income             196,399 166,327 142,359
Net change in unrealized gains (losses) on investments and foreign currency translation             13,191 (74,969) 40,546
Net realized gain (loss) on investments and foreign currency transactions             12,433 16,695 28,875
Dividends declared from distributable earnings             (179,966) (144,322) (261,490)
Tax reclassification of stockholders' equity in accordance with GAAP [1]             2,263 2,622 391
Ending balance $ 100,776   $ 56,456   $ 90,103   $ 100,776 $ 56,456 90,103
Distributable Earnings | Cumulative Effect, Period of Adoption, Adjustment                  
Beginning balance           $ 172     $ 172
[1] The Company's tax year end is currently March 31, however the Company intends to change its tax year end to December 31 during calendar year 2024.