Debt (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

The following tables present the Company’s outstanding borrowings as of September 30, 2023 and December 31, 2022:

	As of September 30, 2023
	Total Principal Amount Committed		Principal Amount Outstanding		Carrying Value (1)		Fair Value (2)
JPM Credit Facility	$	475,000	$	71,100	$	71,100	$	71,100
BNP Credit Facility	400,000		312,530		312,530		312,530
Total Debt	$	875,000	$	383,630	$	383,630	$	383,630

	As of December 31, 2022
	Total Principal Amount Committed		Principal Amount Outstanding		Carrying Value (1)		Fair Value (2)
JPM Credit Facility	$	50,000	$	31,000	$	31,000	$	31,000
Total Debt	$	50,000	$	31,000	$	31,000	$	31,000

(1)Carrying value represents principal amount outstanding less unamortized debt issuance costs.

(2)The fair value of these debt obligations would be categorized as Level 2 under ASC 820-10.

Schedule of Contractual Maturities of Debt Obligations

A summary of contractual maturities of our debt obligations was as follows as of September 30, 2023:

	Payments Due by Period
	Total		Less than 1 year		1-3 years		3-5 years		More than 5 years
JPM Credit Facility	$	71,100	$	—	$	—	$	71,100	$	—
BNP Credit Facility	312,530		—		—		312,530		—
Total Debt Obligations	$	383,630	$	—	$	—	$	383,630	$	—

Schedule of Line of Credit Facilities

For the three and nine months ended September 30, 2023, the components of interest expense related to the JPM Credit Facility were as follows:

	For the Three Months Ended		For the Nine Months Ended
	September 30, 2023		September 30, 2023
Borrowing interest expense	$	858	$	1,905
Unused facility fee	150		185
Amortization of deferred financing costs	94		141
Total interest and debt financing expense	$	1,102	$	2,231

For the three and nine months ended September 30, 2023, the components of interest expense related to the BNP Credit Facility were as follows:

	For the Three Months Ended		For the Nine Months Ended
	September 30, 2023		September 30, 2023
Borrowing interest expense	$	6,065	$	6,065
Unused facility fee	$	—	$	—
Amortization of deferred financing costs	$	106	$	106
Total interest and debt financing expense	$	6,171	$	6,171