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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income        
Total investment income (loss) $ 75,715 $ 52,364 $ 150,452 $ 98,375
Expenses        
Interest and debt financing expenses 20,459 11,027 40,009 21,670
Base management fee 9,116 8,451 18,026 16,820
Incentive fee 4,008 4,069 15,118 7,380
Professional fees 451 446 1,032 836
Directors fees 179 179 353 354
Other general and administrative expenses 1,493 1,477 3,152 2,897
Total expenses, net of fee waivers 35,706 25,649 77,690 49,957
Net investment income (loss) 40,009 26,715 72,762 48,418
Income tax expense, including excise tax 1,097   1,692  
Net investment income (loss) 38,912 26,715 71,070 48,418
Net realized and unrealized gains (losses)        
Net realized gain (loss)     (10,880) (1,159)
Net realized gain (loss) on foreign currency transactions (321) 3,166 (4,534) 2,678
Net realized gain (loss) on forward currency exchange contracts   2,018 (2,385) 3,261
Net change in unrealized appreciation on foreign currency translation 127 (2,051) 3,894 (1,705)
Net change in unrealized appreciation on forward currency exchange contracts (1,476) 8,124 (1,315) 9,775
Net change in unrealized appreciation on investments     2,606 (10,358)
Total net gains (losses) (9,741) (9,486) (12,614) 2,492
Net increase (decrease) in net assets resulting from operations $ 29,171 $ 17,229 $ 58,456 $ 50,910
Earnings Per Share        
Basic net investment income (loss) per common share $ 0.6 $ 0.41 $ 1.1 $ 0.75
Basic increase (decrease) in net assets resulting from operations per common share $ 0.45 $ 0.27 $ 0.91 $ 0.79
Basic weighted average common shares outstanding 64,562,265 64,562,265 64,562,265 64,562,265
Non-controlled/non-affiliate        
Income        
Interest from investments $ 47,101 $ 29,769 $ 95,170 $ 64,056
Dividend income 61   62 108
PIK income 6,249 2,375 10,089 4,883
Other income 1,922 7,690 7,170 8,155
Total investment income (loss) 55,333 39,834 112,491 77,202
Net realized and unrealized gains (losses)        
Net realized gain (loss) (229) (2,576) (10,880) (1,159)
Net change in unrealized appreciation on investments (6,925) (27,206) (5,537) (32,314)
Non-controlled/affiliate investment        
Income        
Interest from investments 2,525 1,901 4,963 2,225
Dividend income 1,630 1,851 3,005 1,851
PIK income 628 45 1,022 1,449
Total investment income (loss) 4,783 3,797 8,990 5,525
Net realized and unrealized gains (losses)        
Net change in unrealized appreciation on investments (432) 9,102 3,027 14,769
Controlled affiliate        
Income        
Interest from investments 8,562 4,214 14,917 7,636
Dividend income 7,037 4,519 14,054 8,012
Total investment income (loss) 15,599 8,733 28,971 15,648
Net realized and unrealized gains (losses)        
Net change in unrealized appreciation on investments $ (485) $ (63) $ 5,116 $ 7,187