XML 8 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Investments at fair value $ 5,006,147 $ 3,099,151
Investment, Type [Extensible Enumeration] Non Controlled Non Affiliated Investments [Member] Non Controlled Non Affiliated Investments [Member]
Cash and cash equivalents (restricted cash of $32,662 and $0, respectively) $ 425,615 $ 8,813
Interest receivable 46,936 27,938
Prepaid expenses and other assets 4,304 2,363
Total Assets 5,483,002 3,138,265
Liabilities    
Debt (net of deferred financing costs of $19,651 and $8,153, respectively) 2,602,886 [1],[2] 1,239,862 [3]
Management fees payable to affiliate 5,653 2,895
Incentive fees on net investment income payable to affiliate 12,704 7,183
Incentive fees on net capital gains accrued to affiliate 12,537 6,746
Other payables to affiliate 3,700 2,406
Dividends payable 63,413 43,871
Other liabilities 32,602 18,235
Total Liabilities 2,733,495 1,321,198
Commitments and contingencies (Note 8)
Net Assets    
Common shares, $0.001 par value; unlimited shares authorized (94,644,720 and 65,478,775, shares issued and outstanding, respectively) 95 65
Additional paid-in capital 2,580,957 1,734,426
Distributable earnings 168,455 82,576
Total Net Assets 2,749,507 1,817,067
Total Liabilities and Net Assets $ 5,483,002 $ 3,138,265
Net Asset Value Per Share [4] $ 29.05 $ 27.75
[1] The carrying value of the 2029 Notes is presented inclusive of an incremental $2.3 million, which represents an adjustment in the carrying value of the 2029 Notes, resulting from a hedge accounting relationship.
[2] The carrying values of the Subscription Facility, Revolving Credit Facility and the 2029 Notes are presented net of the combination of deferred financing costs and original issue discounts totaling $0.9 million, $9.6 million, and $15.4 million respectively.
[3] The carrying values of the Subscription Facility and the Revolving Credit Facility are presented net deferred financing costs of $3.7 million and $4.5 million.
[4] Table may not sum due to rounding.