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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net increase (decrease) in net assets from operations: $ 119,267 $ 62,867 $ 195,874
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by (used for) operating activities:      
Purchases of investments (938,069) (995,850) (394,354)
Payment-in-kind interest capitalized (33,559) (55,067) (32,351)
Investments in affiliated money market fund, net (10,486) (25,238)  
Proceeds from sales of investments and principal repayments 1,148,985 822,485 508,065
Net realized (gain) loss on investments 123,116 157,965 71,775
Net change in unrealized (appreciation) depreciation on investments (64,652) 37,057 (25,363)
Net change in unrealized (appreciation) depreciation on foreign currency forward contracts and transactions 28 (517) 180
Net change in unrealized (appreciation) depreciation on interest rate swaps accounted for as hedge instruments and the related hedged items 2    
Amortization of premium and accretion of discount, net (21,839) (25,824) (35,885)
Amortization of deferred financing and debt issuance costs 8,402 8,819 6,291
Change in operating assets and liabilities:      
(Increase) decrease in interest and dividends receivable 1,165 10,442 (6,755)
(Increase) decrease in other assets (4,531) 1,132 (1,153)
Increase (decrease) in interest and other debt expenses payable 4,167 7,590 173
Increase (decrease) in management fees payable (599) 72 (355)
Increase (decrease) in incentive fees payable (2,486) (6,711) 13,041
Increase (decrease) in accrued expenses and other liabilities (3,229) 3,235 1,509
Net cash provided by (used for) operating activities 325,682 2,457 300,692
Cash flows from financing activities:      
Proceeds from issuance of common stock (net of underwriting costs)   109,932 98,085
Offering costs paid (229) (515) (680)
Repurchases of common stock (including commissions and direct acquisition costs) (52,175)    
Distributions paid (233,518) (197,704) (190,963)
Deferred financing and debt issuance costs paid (9,652) (8,178) (5,275)
Borrowings on debt 1,592,122 1,098,033 378,540
Repayments of debt (1,641,000) (995,646) (567,700)
Secured borrowings   1,224  
Net cash provided by (used for) financing activities (344,452) 7,146 (287,993)
Net increase (decrease) in cash (18,770) 9,603 12,699
Effect of foreign exchange rate changes on cash 186 (171) 62
Cash, beginning of period 61,795 52,363 39,602
Cash, end of period 43,211 61,795 52,363
Supplemental and non-cash activities      
Interest expense paid 95,612 93,942 102,574
Accrued but unpaid excise tax expense 4,300 6,000 5,079
Accrued but unpaid distributions 36,022 52,784 49,304
Reinvestment of stockholder distributions   7,304 3,140
Exchange of investments $ 111,041 $ 204,206 $ 119,617