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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:        
Net increase (decrease) in net assets resulting from operations $ 49,307 $ 29,053    
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:        
Net realized (gain) loss on investments (4) (944)    
Net realized (gain) loss on foreign currency forward contracts (2) (33)    
Net realized (gain) loss on foreign currency and other transactions 18 4    
Net change in unrealized (gain) loss on investments (7,617) (4,606)    
Net change in unrealized (gain) loss on foreign currency forward contracts (2,353) (113)    
Net change in unrealized (gain) loss on foreign currency and other transactions (639) 1    
Payment-in-kind interest income (2,994) (2,112)    
Net accretion of discounts and amortization of premiums (2,602) (1,612)    
Purchases of investments (363,194) (100,417)    
Proceeds from principal payments and sale of investments and settlement of forward contracts 90,345 34,810    
Amortization of deferred financing costs 1,999 730    
Changes in operating assets and liabilities:        
Interest and dividend receivable (5,327) (5,815)    
Other assets 296 9,241    
Interest payable 4,410 1,883    
Payable for unsettled trades (7,315) (134)    
Management fees payable 1,180 595    
Incentive fees payable 1,972 1,464    
Accounts payable and accrued expenses 621 (12)    
Directors’ fees payable 38 23    
Net cash provided by (used in) operating activities (241,861) (37,994)    
Cash flows from financing activities:        
Payments of deferred financing costs (303) (519)    
Proceeds from issuance of common stock 264,847 95,977    
Repurchases of common stock (20,442) (9,185)    
Stockholder distributions paid, net of stock issued under the dividend reinvestment plan of $14,404 and $6,731, respectively (19,949) (11,902)    
Net cash provided by (used in) financing activities 225,118 22,357    
Net increase (decrease) in Cash and Restricted cash and cash equivalents (16,743) (15,637)    
Effect of foreign currency exchange rates (2) (5)    
Cash and Restricted cash and cash equivalents, beginning of period 77,755 52,204 $ 52,204  
Cash and Restricted cash and cash equivalents, end of period 61,010 36,562 77,755  
Supplemental disclosure of cash flow information:        
Cash interest paid during the period 20,811 9,476    
Cash paid for income taxes, including excise taxes, during the period 450 170    
Reconciliation of cash and restricted cash        
Cash and cash equivalents 13,197 4,319 17,586 $ 5,716
Restricted cash and cash equivalents 47,813 32,243 60,169 46,488
Total cash and restricted cash and cash equivalents shown on the Consolidated Statements of Cash Flows 61,010 36,562 $ 77,755 $ 52,204
Term Loan        
Cash flows from financing activities:        
Borrowings 0 55,000    
Repayments (800) (3,114)    
SPV Credit Facility        
Cash flows from financing activities:        
Borrowings 166,900 126,600    
Repayments (140,300) (230,500)    
Revolving Credit Facility        
Cash flows from financing activities:        
Borrowings 218,700 0    
Repayments $ (243,535) $ 0