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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Investment income:      
Payment-in-kind interest income $ 7,694 $ 5,920 $ 1,298
Total investment income 224,644 91,675 32,133
Operating expenses:      
Interest and other debt financing expenses 61,928 21,734 6,036
Base management fees 23,875 13,011 6,027
Incentive fees 16,365 6,344 4,449
Professional fees 1,790 1,656 587
Administrative service fees 1,731 1,132 560
General and administrative expenses 2,364 900 551
Directors’ fees 91 82 60
Operating expenses before fee waivers 108,144 44,859 18,270
Base management fee waivers 0 (1,701) (1,425)
Incentive fee waivers 0 (1,468) (2,440)
Total operating expenses, net of fee waivers 108,144 41,690 14,405
Net investment income before income taxes 116,500 49,985 17,728
Income taxes, including excise taxes 614 169 (1)
Net investment income 115,886 49,816 17,729
Net realized gain (loss):      
Non-controlled/non-affiliate company investments (403) (17) 488
Foreign currency forward contracts 1,755 664 29
Foreign currency and other transactions 272 (4) (47)
Net realized gain (loss) 1,624 643 470
Net change in unrealized gain (loss):      
Net change in unrealized gain (loss): 1,459 (5,330) 8,982
Foreign currency forward contracts (4,383) 711 742
Foreign currency and other transactions (28) 1 0
Net change in unrealized gain (loss) (2,952) (4,618) 9,724
Net gain (loss) (1,328) (3,975) 10,194
Net increase (decrease) in net assets resulting from operations $ 114,558 $ 45,841 $ 27,923
Per common share data:      
Net investment income per share - basic (in dollars per share) $ 1.21 $ 0.90 $ 0.76
Net investment income per share - diluted (in dollars per share) 1.21 0.90 0.76
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) 1.19 0.83 1.20
Net increase (decrease) in net assets resulting from operations per share - diluted (in dollars per share) $ 1.19 $ 0.83 $ 1.20
Weighted average common shares outstanding - basic (in shares) 96,102 55,418 23,221
Weighted average common shares outstanding - diluted (in shares) 96,102 55,418 23,221
Non-controlled/non-affiliate company investments      
Investment income:      
Interest, fee and dividend income $ 214,531 $ 84,540 $ 30,731
Payment-in-kind interest income 7,637 5,920 1,298
Total investment income 222,168 90,460 32,029
Net realized gain (loss):      
Non-controlled/non-affiliate company investments (403) (17) 488
Net change in unrealized gain (loss):      
Net change in unrealized gain (loss): (1,256) (5,634) 8,982
Non-controlled affiliate company investments      
Investment income:      
Payment-in-kind interest income 57 0 0
Interest income 2,419 1,215 104
Total investment income 2,476 1,215 104
Net realized gain (loss):      
Non-controlled/non-affiliate company investments 0 0  
Net change in unrealized gain (loss):      
Net change in unrealized gain (loss): $ 2,715 $ 304 $ 0