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COMMITMENTS AND CONTINGENCIES
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
A summary of significant contractual payment obligations was as follows as of December 31, 2025 and 2024:
As of
Payment Due by PeriodDecember 31, 2025December 31, 2024
Less than one year$— $— 
1-3 years— — 
3-5 years388,750 164,732 
More than 5 years619,000 344,000 
Total$1,007,750 $508,732 
In the ordinary course of its business, the Company enters into contracts or agreements that contain indemnification or warranties. Future events could occur that lead to the execution of these provisions against the Company. The Company believes that the likelihood of such an event is remote; however, the maximum potential exposure is unknown. No accrual has been made in the audited consolidated financial statements as of December 31, 2025 and 2024 for any such exposure.
The Company has in the past, currently is and may in the future become obligated to fund commitments such as revolving credit facilities, bridge financing commitments, or delayed draw commitments. The Company had the following unfunded commitments to fund delayed draw and revolving senior secured loans as of the indicated dates:
 Par / Principal Amount as of
 December 31, 2025December 31, 2024
Unfunded delayed draw commitments$250,388 $102,427 
Unfunded revolving loan commitments158,139 74,513 
Total unfunded commitments$408,527 $176,940