XML 55 R46.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value Measurement - Summary of Changes in Fair Value of Level 3 Assets By Investment Type (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held $ (12,460) $ (15,513)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (Loss) on Investments Gain (Loss) on Investments
1st Lien/Senior Secured Debt    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held $ (7,715) $ (14,587)
1st Lien/Last-Out Unitranche    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held 767 (1,336)
2nd Lien/Senior Secured Debt    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held 1,999 (2,808)
Unsecured Debt    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held (8,010) (78)
Preferred Stock    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held 582 2,510
Common Stock    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held (86) 1,160
Warrants    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Net Change in Unrealized Appreciation (Depreciation) for assets still held 3 (374)
Level 3    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 3,343,635 3,341,847
Purchases [1] 213,732 51,334
Net Realized Gain (Loss) (16,988) (36,261)
Net Change in Unrealized Appreciation (Depreciation) (2,859) 22,088
Sales and Settlements [2] (173,906) (30,140)
Net Amortization of Premium/Discount 6,053 5,082
Transfers In [3] 35,222  
Transfers Out [3] (27,821) (34,201)
Ending Balance 3,377,068 3,319,749
Level 3 | 1st Lien/Senior Secured Debt    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 3,036,965 3,050,929
Purchases [1] 194,044 49,657
Net Realized Gain (Loss) (17,646) 5
Net Change in Unrealized Appreciation (Depreciation) 3,536 (13,252)
Sales and Settlements [2] (129,587) (30,037)
Net Amortization of Premium/Discount 5,103 4,541
Transfers In [3] 35,222  
Transfers Out [3] (27,821) (34,201)
Ending Balance 3,099,816 3,027,642
Level 3 | 1st Lien/Last-Out Unitranche    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 144,743 116,230
Purchases [1] 12,908 588
Net Change in Unrealized Appreciation (Depreciation) 767 (1,336)
Sales and Settlements [2] (103) (103)
Net Amortization of Premium/Discount 199 305
Ending Balance 158,514 115,684
Level 3 | 2nd Lien/Senior Secured Debt    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 66,562 89,573
Purchases [1] 5,060 491
Net Realized Gain (Loss)   (35,383)
Net Change in Unrealized Appreciation (Depreciation) 1,042 32,575
Sales and Settlements [2] (40,129)  
Net Amortization of Premium/Discount 1,101 233
Ending Balance 33,636 87,489
Level 3 | Unsecured Debt    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 27,314 7,630
Purchases [1] 1,596 598
Net Change in Unrealized Appreciation (Depreciation) (8,010) (78)
Net Amortization of Premium/Discount (350) 3
Ending Balance 20,550 8,153
Level 3 | Preferred Stock    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 37,296 42,377
Purchases 124  
Net Change in Unrealized Appreciation (Depreciation) 582 2,510
Ending Balance 38,002 44,887
Level 3 | Common Stock    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 30,511 34,497
Net Realized Gain (Loss) 658 (883)
Net Change in Unrealized Appreciation (Depreciation) (779) 2,043
Sales and Settlements [2] (4,087)  
Ending Balance 26,303 35,657
Level 3 | Warrants    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Beginning Balance 244 611
Net Change in Unrealized Appreciation (Depreciation) 3 (374)
Ending Balance $ 247 $ 237
[1] Purchases may include PIK, securities received in corporate actions and restructurings.
[2] Sales and Settlements may include securities delivered in corporate actions and restructuring of investments.
[3] Transfers in (out) of Level 3 are due to a decrease (increase) in the quantity and reliability of broker quotes obtained by the Investment Adviser.