XML 45 R34.htm IDEA: XBRL DOCUMENT v3.25.3
INVESTMENTS - Composition of Investment Portfolio At Cost And Fair Value (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
May 12, 2021
Schedule of Equity Method Investments [Line Items]      
Cost $ 4,478,081 $ 3,117,330 $ 602,400
Fair Value $ 4,479,835 $ 3,094,065  
Percentage of Total Net Assets 169.30% [1] 156.50% [2]  
CPCF BPCC LLC      
Schedule of Equity Method Investments [Line Items]      
Cost   $ 222,535  
Fair Value   219,644  
Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Cost $ 132,127 207,570  
Fair Value $ 124,689 $ 193,351  
Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 100.00% 100.00%  
Cost | Investment Type Concentration Risk | CPCF BPCC LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio   100.00%  
Cost | Investment Type Concentration Risk | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 100.00% 100.00%  
Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 100.00% 100.00%  
Fair Value | Investment Type Concentration Risk | CPCF BPCC LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio   100.00%  
Fair Value | Investment Type Concentration Risk | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 100.00% 100.00%  
Senior debt and 1st lien notes      
Schedule of Equity Method Investments [Line Items]      
Cost $ 3,814,013 $ 2,552,342  
Fair Value $ 3,798,999 $ 2,503,156  
Percentage of Total Net Assets 144.00% 127.00%  
Senior debt and 1st lien notes | CPCF BPCC LLC      
Schedule of Equity Method Investments [Line Items]      
Cost   $ 222,535  
Fair Value   $ 219,644  
Senior debt and 1st lien notes | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 86.00% 82.00%  
Senior debt and 1st lien notes | Cost | Investment Type Concentration Risk | CPCF BPCC LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio   100.00%  
Senior debt and 1st lien notes | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 85.00% 81.00%  
Senior debt and 1st lien notes | Fair Value | Investment Type Concentration Risk | CPCF BPCC LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio   100.00%  
Subordinated debt and 2nd lien notes      
Schedule of Equity Method Investments [Line Items]      
Cost $ 191,676 $ 125,971  
Fair Value $ 187,919 $ 122,748  
Percentage of Total Net Assets 7.00% 6.00%  
Subordinated debt and 2nd lien notes | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 4.00% 4.00%  
Subordinated debt and 2nd lien notes | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 4.00% 4.00%  
Structured products      
Schedule of Equity Method Investments [Line Items]      
Cost $ 101,293 $ 79,722  
Fair Value $ 103,020 $ 80,401  
Percentage of Total Net Assets 4.00% 4.00%  
Structured products | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 2.00% 3.00%  
Structured products | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 3.00% 3.00%  
Equity shares      
Schedule of Equity Method Investments [Line Items]      
Cost $ 329,693 $ 298,038  
Fair Value $ 366,880 $ 337,684  
Percentage of Total Net Assets 14.00% 17.00%  
Equity shares | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 7.00% 10.00%  
Equity shares | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 8.00% 11.00%  
Equity warrants      
Schedule of Equity Method Investments [Line Items]      
Cost $ 4 $ 4  
Fair Value $ 1,065 $ 2,813  
Percentage of Total Net Assets 0.00% 0.00%  
Equity warrants | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 0.00%  
Equity warrants | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 0.00%  
Royalty rights      
Schedule of Equity Method Investments [Line Items]      
Cost $ 3,295 $ 9,066  
Fair Value $ 3,953 $ 14,583  
Percentage of Total Net Assets 0.00% 1.00%  
Royalty rights | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 0.00%  
Royalty rights | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 0.00%  
Investment in joint ventures      
Schedule of Equity Method Investments [Line Items]      
Cost $ 27,404 $ 41,986  
Fair Value $ 7,297 $ 22,480  
Percentage of Total Net Assets 0.00% 1.00%  
Investment in joint ventures | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 1.00% 1.00%  
Investment in joint ventures | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 1.00%  
Short-term investments      
Schedule of Equity Method Investments [Line Items]      
Cost $ 10,703 $ 10,201  
Fair Value $ 10,702 $ 10,200  
Percentage of Total Net Assets 0.40% [1] 0.50% [2]  
Short-term investments | Cost | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 0.00%  
Short-term investments | Fair Value | Investment Type Concentration Risk      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 0.00% 0.00%  
Federal Housing Administration (“FHA”) loans | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Cost $ 124,090 $ 193,265  
Fair Value $ 117,042 $ 179,963  
Federal Housing Administration (“FHA”) loans | Cost | Investment Type Concentration Risk | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 94.00% 93.00%  
Federal Housing Administration (“FHA”) loans | Fair Value | Investment Type Concentration Risk | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 94.00% 93.00%  
Veterans Affairs (“VA”) loans | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Cost $ 8,037 $ 14,305  
Fair Value $ 7,647 $ 13,388  
Veterans Affairs (“VA”) loans | Cost | Investment Type Concentration Risk | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 6.00% 7.00%  
Veterans Affairs (“VA”) loans | Fair Value | Investment Type Concentration Risk | Thompson Rivers LLC      
Schedule of Equity Method Investments [Line Items]      
Percentage of Total Portfolio 6.00% 7.00%  
[1] Fair value as a percentage of net assets.
[2] Fair value as a percentage of net assets.