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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income        
Interest from investments $ 140,244 $ 49,239 $ 254,122 $ 79,835
Investment, Type [Extensible Enumeration] Non Controlled Non Affiliated Investments [Member] Non Controlled Non Affiliated Investments [Member] Non Controlled Non Affiliated Investments [Member] Non Controlled Non Affiliated Investments [Member]
Arranger fees $ 5,885   $ 15,874  
Paid-in-kind interest income 7,925 $ 3,744 13,716 $ 3,765
Other income 3,410 4,805 5,343 5,209
Total Investment Income 157,464 57,788 289,055 88,809
Expenses        
Interest 47,024 16,393 82,103 25,245
Management fees 14,935 5,634 26,177 9,518
Incentive fees on net investment income 12,704 4,639 23,540 7,001
Incentive fees on net capital gains (losses) 2,664 51 5,792 1,471
Organizational expense       49
Offering expense 431 234 909 283
Professional fees 1,235 681 2,453 1,302
Trustees' fees 143 143 299 293
Other general and administrative 1,337 837 2,694 1,606
Total expenses 80,473 28,612 143,967 46,768
Management fees waived (Note 3) (9,282) (3,649) (16,066) (6,159)
Net Expenses 71,191 24,963 127,901 40,609
Net Investment Income Before Income Taxes 86,273 32,825 161,154 48,200
Income taxes, including excise taxes 8 404 2,169 664
Net Investment Income 86,265 32,421 158,985 47,536
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments 15,947 872 34,482 14,633
Translation of other assets and liabilities in foreign currencies 720 (449) 4,928 (1,163)
Total net change in unrealized gains (losses) 16,667 423 39,410 13,470
Realized gains (losses):        
Non-controlled, non-affiliated investments 1,267   3,609  
Foreign currency transactions 3,395 (13) 3,315 43
Total net realized gains (losses) 4,662 (13) 6,924 43
Total Net Unrealized and Realized Gains (Losses) 21,329 410 46,334 13,513
Increase (Decrease) in Net Assets Resulting from Operations $ 107,594 $ 32,831 $ 205,319 $ 61,049
Earnings per common share-basic $ 1.27 $ 1.03 $ 2.66 $ 2.22
Weighted average common shares outstanding-basic 84,817,784 31,830,160 77,232,840 27,469,663
Earnings per common share-diluted $ 1.27 $ 1.03 $ 2.66 $ 2.22
Weighted average common shares outstanding-diluted 84,817,784 31,830,160 77,232,840 27,469,663