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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Payment Obligations
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 
Schedule of Unfunded 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