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Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Beginning balance   $ 1,496,375   $ 1,341,569   $ 1,275,848 $ 1,496,375 $ 1,341,569 $ 1,275,848
Beginning balance, Shares   87,829,499   81,389,287   75,771,542 87,829,499 81,389,287 75,771,542
Net investment income $ 57,585 $ 52,362 $ 54,684 $ 42,937 $ 52,613 $ 35,712 $ 220,017 $ 196,399 $ 166,327
Net change in unrealized gains (losses) on investments and foreign currency translation             (42,024) 13,191 (74,969)
Net realized gain (loss) on investments and foreign currency transactions             8,573 12,433 16,695
Issuance of common stock, net of offering and underwriting costs             $ 93,308 $ 89,204  
Common stock issued in settlement of convertible notes                 77,642
Purchases of treasury stock                 (6,168)
Purchases of treasury stock, Shares             0 0  
Stock issued in connection with dividend reinvestment plan             $ 24,723 $ 23,545 30,516
Stock issued in connection with dividend reinvestment plan, Shares             1,231,937 1,265,212  
Dividends declared from distributable earnings             $ (193,443) $ (179,966) (144,322)
Ending balance $ 1,607,529   $ 1,496,375   $ 1,341,569   $ 1,607,529 $ 1,496,375 $ 1,341,569
Ending balance,Shares 93,661,436   87,829,499   81,389,287   93,661,436 87,829,499 81,389,287
Common Stock                  
Beginning balance   $ 885   $ 821   $ 761 $ 885 $ 821 $ 761
Beginning balance, Shares   87,829,499   81,389,287   75,771,542 87,829,499 81,389,287 75,771,542
Issuance of common stock, net of offering and underwriting costs             $ 46 $ 52  
Issuance of common stock, net of offering and underwriting costs, Shares             4,600,000 5,175,000  
Common stock issued in settlement of convertible notes                 $ 44
Common stock issued in settlement of convertible notes, Shares                 4,360,125
Purchases of treasury stock, Shares                 (368,206)
Stock issued in connection with dividend reinvestment plan             $ 12 $ 12 $ 16
Stock issued in connection with dividend reinvestment plan, Shares             1,231,937 1,265,212 1,625,826
Ending balance $ 943   $ 885   $ 821   $ 943 $ 885 $ 821
Ending balance,Shares 93,661,436   87,829,499   81,389,287   93,661,436 87,829,499 81,389,287
Treasury Stock                  
Beginning balance   $ (10,459)   $ (10,459)   $ (4,291) $ (10,459) $ (10,459) $ (4,291)
Beginning balance, Shares   664,250   664,250   296,044 664,250 664,250 296,044
Purchases of treasury stock                 $ (6,168)
Purchases of treasury stock, Shares                 368,206
Ending balance $ (10,459)   $ (10,459)   $ (10,459)   $ (10,459) $ (10,459) $ (10,459)
Ending balance,Shares 664,250   664,250   664,250   664,250 664,250 664,250
Paid in Capital in Excess of Par                  
Beginning balance   $ 1,405,173   $ 1,294,751   $ 1,189,275 $ 1,405,173 $ 1,294,751 $ 1,189,275
Issuance of common stock, net of offering and underwriting costs             93,262 89,152  
Common stock issued in settlement of convertible notes                 77,598
Stock issued in connection with dividend reinvestment plan             24,711 23,533 30,500
Tax reclassification of stockholders' equity in accordance with GAAP [1]             (3,809) (2,263) (2,622)
Ending balance $ 1,519,337   $ 1,405,173   $ 1,294,751   1,519,337 1,405,173 1,294,751
Distributable Earnings                  
Beginning balance   $ 100,776   $ 56,456   $ 90,103 100,776 56,456 90,103
Net investment income             220,017 196,399 166,327
Net change in unrealized gains (losses) on investments and foreign currency translation             (42,024) 13,191 (74,969)
Net realized gain (loss) on investments and foreign currency transactions             8,573 12,433 16,695
Dividends declared from distributable earnings             (193,443) (179,966) (144,322)
Tax reclassification of stockholders' equity in accordance with GAAP [1]             3,809 2,263 2,622
Ending balance $ 97,708   $ 100,776   $ 56,456   $ 97,708 $ 100,776 $ 56,456
[1] The Company changed its tax year end from March 31st to December 31st.