Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Investment income
Payment-in-kind interest				$ 3,476	$ 1,756
Total investment income		$ 103,744	$ 80,244	288,552	192,725
Expenses
Interest		34,939	28,603	99,497	63,730
Income incentive fees	[1]	7,388	5,545	20,192	13,936
Capital gains incentive fees	[1]	(277)	115	0	169
Management fees	[1]	6,284	4,150	16,786	10,234
Other		764	772	3,065	1,390
Professional fees		929	858	2,052	1,943
Offering costs		523	326	1,621	1,042
Administrative fees	[1]	248	489	1,078	1,084
Accounting fees		284	139	712	449
Insurance fees		122	144	387	605
Trustees' fees		59	62	175	152
Total expenses		51,735	41,361	146,670	95,104
Net expenses		51,595	41,250	146,342	94,844
Net investment income (loss) before taxes		52,149	38,994	142,210	97,881
Deferred federal tax provision	[2]	247	337	1,247	553
Current federal tax	[2]	236	2	399	34
Net investment income (loss) after taxes		51,666	38,655	140,564	97,294
Net realized gain (loss) on investment transactions:
Net realized gain (loss) on investment transactions				1,055	1,148
Foreign currency forward contracts		(36)	(9)	0	5
Net change in unrealized gain (loss) on investment transactions:
Net change in unrealized gain (loss) on investment transactions				(8,343)	1,352
Total net realized and change in unrealized gain (loss) on investment transactions		(11,445)	832	(7,630)	1,151
Net increase (decrease) in net assets resulting from operations		40,221	39,487	132,934	98,445
Interest rate swaps and options
Net change in unrealized gain (loss) on investment transactions:
Net change in unrealized gain (loss) on foreign currency forward contracts and Interest rate swaps and options		(630)	(1,387)	(304)	(1,387)
Foreign currency forward contracts
Net change in unrealized gain (loss) on investment transactions:
Net change in unrealized gain (loss) on foreign currency forward contracts and Interest rate swaps and options		14	(4)	(38)	33
Common Class S
Expenses
Distribution and shareholder servicing fees:		470	157	1,101	368
Distribution and shareholder servicing fees waived		(138)	(111)	(324)	(260)
Common Class D
Expenses
Distribution and shareholder servicing fees:		2	1	4	2
Distribution and shareholder servicing fees waived		(2)	0	(4)	0
Non-controlled/non-affiliated
Investment income
Interest		100,451	78,485	280,234	186,072
Payment-in-kind interest		1,232	478	3,476	1,756
Other		2,061	1,281	4,842	4,897
Total investment income		103,744	80,244	288,552	192,725
Net realized gain (loss) on investment transactions:
Net realized gain (loss) on investment transactions		(175)	369	(125)	599
Net change in unrealized gain (loss) on investment transactions:
Net change in unrealized gain (loss) on investment transactions		(11,252)	(441)	(13,320)	(1,527)
Non-controlled/affiliated
Net realized gain (loss) on investment transactions:
Net realized gain (loss) on investment transactions		466	514	1,180	549
Net change in unrealized gain (loss) on investment transactions:
Net change in unrealized gain (loss) on investment transactions		$ 168	$ 1,790	$ 4,977	$ 2,879

[1] Refer to Note 6 - Agreements and Related Party Transactions

[2] Related to the Company’s wholly-owned, consolidated subsidiaries, Twin Brook Equity XVIII Corp. and Twin Brook Equity XXXIII Corp., which are treated as corporations for United States federal income tax purposes