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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:              
Net increase (decrease) in net assets resulting from operations   $ 45,410 $ 21,562 $ 94,717 $ 50,615    
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       (224) 660    
Net realized (gain) loss on foreign currency forward contracts       (2) (1,741)    
Net realized (gain) loss on foreign currency and other transactions   (112) (180) (94) (176)    
Net change in unrealized (gain) loss on investments       (5,222) (1,797)    
Net change in unrealized (gain) loss on foreign currency forward contracts   672 3,272 (1,681) 3,159    
Net change in unrealized (gain) loss on foreign currency and other transactions   346 (1) (293) 0    
Payment-in-kind interest capitalized       (6,009) (3,733)    
Net accretion of discounts and amortization of premiums       (5,089) (2,884)    
Purchases of investments       (1,062,640) (368,219)    
Proceeds from principal payments and sale of investments and settlement of forward contracts       220,306 81,936    
Amortization of debt issuance costs   2,226 1,523 4,225 2,253    
Changes in operating assets and liabilities:              
Interest and dividend receivable       (11,528) (7,065)    
Receivable for unsettled trades       (9,085) 0    
Other assets       393 9,259    
Interest payable       2,803 1,587    
Payable for unsettled trades       (50,015) (12,947)    
Base management fees payable       2,567 1,130    
Incentive fees payable       2,740 1,105    
Accounts payable and accrued expenses       4,484 2,791    
Net cash provided by (used in) operating activities       (819,647) (244,067)    
Cash flows from financing activities:              
Borrowings on debt       1,328,223 406,900    
Repayments of debt       (799,477) (367,840)    
Proceeds from short-term borrowings       0 83,088    
Debt issuance costs capitalized       (3,428) (536)    
Proceeds from issuance of common stock       386,721 181,268    
Repurchases of common stock       (32,252) (16,001)    
Stockholder distributions paid       (46,375) (26,705)    
Net cash provided by (used in) financing activities       833,412 260,174    
Net increase (decrease) in cash and restricted cash and cash equivalents       13,765 16,107    
Effect of foreign currency exchange rates       (2) 176    
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 $ 68,487 91,518 68,487 91,518 68,487 77,755  
Supplemental disclosure of cash flow information:              
Cash interest paid during the period       50,564 21,315    
Cash paid for income taxes, including excise taxes, during the period       554 209    
Supplemental disclosure of non-cash financing activities:              
Stock issued in connection with dividend reinvestment plan 9,400 18,862 9,400 33,266 16,131    
Reconciliation of cash and restricted cash              
Cash and cash equivalents 10,154 19,370 10,154 19,370 10,154 17,586 $ 5,716
Restricted cash and cash equivalents 58,333 72,148 58,333 72,148 58,333 60,169 46,488
Total cash and restricted cash and cash equivalents shown on the Consolidated Statements of Cash Flows $ 68,487 $ 91,518 $ 68,487 $ 91,518 $ 68,487 $ 77,755 $ 52,204