Revenue

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

The following table represents the Company’s revenue disaggregated by fee type for the periods presented below:

	For the Three Months Ended				For the Six Months Ended
(Dollars in Thousands)	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Management/advisory fees	$	47,029	$	46,844	$	93,253	$	93,314
Incentive fees	53		469		216		1,046
Distributions from investments	2,240		2,203		6,410		12,233
Other fees/income	131		1,769		386		2,739
Total Income	$	49,453	$	51,285	$	100,265	$	109,332

(Dollars in Thousands)	As of June 30, 2024		As of December 31, 2023
Management/advisory fees receivable
Beginning balance	$	29,539	$	30,698
Ending balance (1)	32,069		29,539
Incentive fees receivable
Beginning balance	$	40,356	$	7,570
Ending balance (2)	209		40,356
Other fees/income receivable
Beginning balance	$	526	$	4,112
Ending balance	103		526
Deferred management/advisory fees
Beginning balance	$	(66)	$	(945)
Ending balance	(221)		(66)
Deferred other fees/income
Beginning balance	$	—	$	(422)
Ending balance	—		—

(1) As of June 30, 2024 and December 31, 2023, this amount includes $0.8 million and $1.2 million, respectively, in Management/advisory fees receivable due from related parties. See Note 16 (Related Party Transactions) for further details.

(2) As of June 30, 2024 and December 31, 2023, this amount includes $0.0 million and $14.9 million, respectively, in Incentive fees receivable due from related parties. See Note 16 (Related Party Transactions) for further details.