Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Summary of Payments Due by Period

The following table provides the Company’s contractual obligations as of December 31, 2023 (in thousands):

			Payments Due by Period
Contractual Obligations (1)	Total		Less than 1 Year			1-3 years			3-5 years		More than 5 Years
Borrowings (2)
Credit Facility	$	272,000	$	—	$		272,000	$		—	$	—
2026 Notes		95,000		—			95,000			—		—
2027 Notes		152,250		—			—			152,250		—
Total Borrowings		519,250		—			367,000			152,250		—
Deferred Incentive Fees		9,165		2,567			3,919			2,548		131
Total	$	528,415	$	2,567	$		370,919	$		154,798	$	131

(1)Excludes interest payable on borrowings, accrued expenses, and commitments to extend credit to the Company’s portfolio companies.

(2)Amounts represent future principal repayments and not the carrying value of each liability (refer to “Note 7 – Borrowings”).

The following table provides the Company’s contractual obligations as of December 31, 2022 (in thousands):

			Payments Due by Period
Contractual Obligations (1)	Total		Less than 1 Year			1-3 years			3-5 years		More than 5 Years
Borrowings (2)
Credit Facility	$	337,000	$	—	$		—	$		337,000	$	—
2026 Notes		70,000		—			—			70,000		—
2027 Notes		152,250		—			—			152,250		—
Total Borrowings		559,250		—			—			559,250		—
Deferred Incentive Fees		5,009		674			1,760			1,023		1,552
Total	$	564,259	$	674	$		1,760	$		560,273	$	1,552

(1)Excludes interest payable on borrowings, accrued expenses, and commitments to extend credit to the Company’s portfolio companies.

(2)Amounts represent future principal repayments and not the carrying value of each liability (refer to “Note 7 – Borrowings”).

Schedule of Unfunded Commitments to Extend Financing

The Company's unfunded loan commitments to provide debt financing to its portfolio companies amounted to $201.5 million and $315.7 million as of December 31, 2023 and December 31, 2022, respectively, shown in the table below (in thousands):

Portfolio Company	Investment Type	December 31, 2023		December 31, 2022
3PL Central LLC (dba Extensiv)	Senior Secured Term Loan	$	11,500		$	15,000
Betterment Holdings, Inc.	Senior Secured Term Loan		5,000			—
Blueshift Labs, Inc.	Senior Secured Term Loan		14,500			—
Bombora, Inc.	Senior Secured Term Loan		2,000			—
Brivo, Inc.	Senior Secured Term Loan		6,000			16,000
CloudPay, Inc.	Senior Secured Term Loan		—			15,000
Dtex Systems, Inc.	Senior Secured Term Loan		—			15,000
EBR Systems, Inc.	Senior Secured Term Loan		10,000			30,000
Intellisite Holdings, Inc. (dba Epic IO Technologies, Inc.)	Senior Secured Term Loan		—			6,000
Interactions Corporation	Senior Secured Term Loan		10,000			10,000
Kin Insurance, Inc.	Senior Secured Term Loan		—			25,000
Linxup, LLC	Senior Secured Term Loan		7,500			—
Madison Reed, Inc.	Senior Secured Term Loan		1,200			2,400
Moximed, Inc.	Senior Secured Term Loan		15,000			15,000
Nalu Medical, Inc.	Senior Secured Term Loan		15,000			25,000
Revelle Aesthetics, Inc.	Senior Secured Term Loan		—			12,500
Route 92 Medical, Inc.	Senior Secured Term Loan		20,000			42,000
SetPoint Medical Corporation	Senior Secured Term Loan		40,000			40,000
Skillshare, Inc.	Senior Secured Term Loan		10,000			15,000
Snagajob.com, Inc.	Senior Secured Term Loan		6,785			6,785
Snagajob.com, Inc.	Convertible Note		2,035			—
Synack, Inc.	Senior Secured Term Loan		25,000			25,000
Total unused commitments to extend financing		$	201,520		$	315,685