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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Investment income:    
Total interest income $ 69,408 $ 60,553
Total dividend income 7,290 6,739
Total fee and other income 5,240 4,376
Total payment-in-kind interest income 3,455 2,365
Interest income from cash 664 261
Total investment income 86,057 74,294
Operating expenses:    
Interest and other financing fees 20,915 24,152
Base management fee (Note 2) 5,723 4,593
Incentive management fees (Note 2) 3,801 3,067
Other general and administrative expenses (Note 2) 1,734 1,667
Total operating expenses 32,173 33,479
Net investment income before taxes 53,884 40,815
Income taxes, including excise tax expense 400 250
Net investment income 53,484 40,565
Net realized gains (losses):    
Net realized gains (losses) on investments (465) (3,559)
Foreign currency transactions 722 (397)
Forward currency contracts 25,952 (14,917)
Net realized gains (losses) 26,209 (18,873)
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 19,381 1,916
Foreign currency transactions (3,917) 1,850
Forward currency contracts (39,714) 25,940
Net unrealized appreciation (depreciation) (24,250) 29,706
Net realized gains (losses) and unrealized appreciation (depreciation) on investments, foreign currency transactions and forward currency contracts 1,959 10,833
Net increase in net assets resulting from operations $ 55,443 $ 51,398
Net investment income per share—basic (in dollars per share) $ 0.53 $ 0.57
Net investment income per share— diluted (in dollars per share) 0.53 0.57
Net increase in net assets resulting from operations per share—basic and diluted (in dollars per share) 0.55 0.72
Dividends / distributions per share:    
Total dividends / distributions per share, declared (in dollars per share) 0.60 0.60
Total dividends / distributions per share, paid (in dollars per share) $ 0.60 $ 0.60
Weighted average shares outstanding—basic (in shares) 101,251,032 71,002,621
Weighted average shares outstanding—diluted (in shares) 101,251,032 71,002,621
Non-Control / Non-Affiliate investments    
Investment income:    
Total interest income $ 68,905 $ 60,264
Total dividend income 777 938
Total fee and other income 5,222 4,347
Total payment-in-kind interest income 3,224 2,274
Net realized gains (losses):    
Net realized gains (losses) on investments (465) (3,559)
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 18,070 2,907
Affiliate investments    
Investment income:    
Total interest income 503 289
Total dividend income 6,513 5,801
Total fee and other income 18 29
Total payment-in-kind interest income 0 91
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 1,325 (991)
Control investments    
Investment income:    
Total payment-in-kind interest income 231 0
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments $ (14) $ 0