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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Investment income:    
Interest income $ 254,221 $ 170,989
Payment in-kind interest income 9,841 8,686
Dividend income 0 5,908
Fee income 876 14
Total investment income 264,938 185,597
Expenses:    
Interest expense 66,728 40,301
Management fees (Note 3) 24,696 25,636
Income based incentive fee payable 30,393 21,284
Capital gains incentive fee payable (1,556) 681
Professional fees 1,188 707
Board of Trustees' fees 225 181
Administrative service expenses (Note 3) 378 840
Other general and administrative 1,605 1,327
Total expenses 123,657 90,957
Management fees waived (Note 3) (6,174) (6,409)
Incentive fees waived (Note 3) (4,342) (3,040)
Net expenses 113,141 81,508
Net investment income before excise tax 151,797 104,089
Excise tax expense 2,622 1,386
Net investment income after excise tax 149,175 102,703
Net change in unrealized appreciation (depreciation):    
Net unrealized (appreciation) depreciation on investments (11,403) (2,147)
Translation of assets and liabilities in foreign currencies (3,141) 735
Net unrealized appreciation (depreciation) (14,544) (1,412)
Realized gain (loss):    
Non-controlled/non-affiliated investments (3,486) 5,382
Foreign currency transactions 7,653 567
Net realized gain (loss) 4,167 5,949
Net realized and unrealized gain (loss) (10,377) 4,537
Net increase (decrease) in net assets resulting from operations $ 138,798 $ 107,240
Net investment income (in usd per share) $ 0.93 $ 0.61
Earnings per share basic (in usd per share) 0.86 0.63
Earnings per share diluted (in usd per share) $ 0.86 $ 0.63
Weighted average shares outstanding basic (in share) 160,501,868 169,556,923
Weighted average shares outstanding diluted (in share) 160,501,868 169,556,923
Non-controlled/non-affiliated investments    
Net change in unrealized appreciation (depreciation):    
Net unrealized (appreciation) depreciation on investments $ (6,762) $ (2,073)
Non-controlled/affiliated investments    
Net change in unrealized appreciation (depreciation):    
Net unrealized (appreciation) depreciation on investments $ (4,641) $ (74)