XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Investment Income        
Interest income $ 267,447 $ 125,083 $ 482,774 $ 241,855
Payment-in-kind interest income 3,847 2,830 9,052 3,745
Dividend income 1,903   2,384  
Other income 8,522 2,288 12,203 3,013
Total Investment Income 281,719 130,201 506,413 248,613
Operating Expenses        
Management fees 19,774 8,035 35,111 15,150
Performance-based incentive fees 23,753 10,026 43,628 18,588
Interest and other debt expenses 69,423 37,485 124,459 75,686
Offering costs 225   225 38
Trustees' fees 121 110 241 218
Shareholder servicing fees 2,910 772 5,112 1,362
Administrative service expenses 1,025 663 2,050 1,318
Other general and administrative expenses 3,184 2,249 5,893 4,613
Total expenses 120,415 59,340 216,719 116,973
Expense support reimbursement 0 1,478 0 2,939
Net Expenses 120,415 60,818 216,719 119,912
Net Investment Income 161,304 69,383 289,694 128,701
Net realized gains (losses):        
Net realized gains (losses) on non-controlled/non-affiliated investments 10,361 (2,448) 11,527 (4,629)
Net realized gains (losses) on foreign currency transactions 300 (253) (20,727) (519)
Net realized gains (losses) on foreign currency forward contracts 2,238 (575) (4,127) (222)
Net realized gains (losses) 12,899 (3,276) (13,327) (5,370)
Net change in unrealized gains (losses)        
Net change in unrealized gains (losses) on non-controlled/non-affiliated investments     799 93,664
Derivatives 1,430   1,430  
Net change in unrealized gains (losses) on foreign currency forward contracts 304 416 14,897 (282)
Net change in unrealized gains (losses) on foreign currency translations 4,209 (4,386) 35,571 (9,649)
Net unrealized gains (losses) (10,910) 31,277 52,697 83,733
Net Realized and Change in Unrealized Gains (Losses) 1,989 28,001 39,370 78,363
Net Increase (Decrease) in Net Assets Resulting from Operations 163,293 97,384 329,064 207,064
Non-controlled/Non-affiliated Investments        
Net change in unrealized gains (losses)        
Net change in unrealized gains (losses) on non-controlled/non-affiliated investments $ (16,853) $ 35,247 $ 799 $ 93,664