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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Investment income:    
Payment-in-kind interest income $ 2,994 $ 2,112
Total investment income 83,984 45,852
Operating expenses:    
Interest and other debt financing expenses 27,220 12,089
Base management fees 8,620 4,847
Incentive fees 7,044 4,151
Professional fees 503 310
Administrative service fees 645 370
General and administrative expenses 1,079 505
Directors’ fees 38 23
Total operating expenses 45,149 22,295
Net investment income before income taxes 38,835 23,557
Income taxes, including excise taxes 125 195
Net investment income 38,710 23,362
Net realized gain (loss):    
Non-controlled/non-affiliate company investments 4 944
Foreign currency forward contracts 2 33
Foreign currency and other transactions (18) (4)
Net realized gain (loss) (12) 973
Net change in unrealized gain (loss):    
Net change in unrealized gain (loss): 7,617 4,606
Foreign currency forward contracts 2,353 113
Foreign currency and other transactions 639 (1)
Net change in unrealized gain (loss) 10,609 4,718
Net gain (loss) 10,597 5,691
Net increase (decrease) in net assets resulting from operations $ 49,307 $ 29,053
Per common share data:    
Net investment income per share - basic (in dollars per share) $ 0.29 $ 0.31
Net investment income per share - diluted (in dollars per share) 0.29 0.31
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) 0.37 0.38
Net increase (decrease) in net assets resulting from operations per share - diluted (in dollars per share) $ 0.37 $ 0.38
Weighted average common shares outstanding - basic (in shares) 131,745 76,102
Weighted average common shares outstanding - diluted (in shares) 131,745 76,102
Non-controlled/non-affiliate company investments    
Investment income:    
Interest, fee and dividend income $ 79,961 $ 43,157
Payment-in-kind interest income 2,925 2,112
Total investment income 82,886 45,269
Net realized gain (loss):    
Non-controlled/non-affiliate company investments 4 944
Net change in unrealized gain (loss):    
Net change in unrealized gain (loss): 8,260 4,004
Non-controlled affiliate company investments    
Investment income:    
Payment-in-kind interest income 69 0
Interest income 1,029 583
Total investment income 1,098 583
Net realized gain (loss):    
Non-controlled/non-affiliate company investments 0 0
Net change in unrealized gain (loss):    
Net change in unrealized gain (loss): $ (643) $ 602