XML 10 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income        
Interest from investments $ 162,261 $ 60,668 $ 416,384 $ 140,504
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]
Paid-in-kind interest income $ 8,747 $ 5,038 $ 22,463 $ 8,802
Dividend income 1,293   1,293  
Other income 6,587 776 27,804 5,985
Total Investment Income 178,888 66,482 467,944 155,291
Expenses        
Interest 49,991 20,411 132,094 45,656
Management fees 18,857 7,115 45,034 16,632
Incentive fees on net investment income 14,893 5,105 38,432 12,106
Incentive fees on net capital gains (losses) 3,384 3,681 9,175 5,152
Organizational expense       49
Offering expense 317 314 1,226 597
Professional fees 1,471 715 3,924 2,017
Trustees' fees 143 294 442 587
Other general and administrative 1,289 1,276 3,985 2,882
Total expenses 90,345 38,911 234,312 85,678
Management fees waived (Note 3) (12,323) (4,885) (28,389) (11,044)
Net Expenses 78,022 34,026 205,923 74,634
Net Investment Income Before Income Taxes 100,866 32,456 262,021 80,657
Income taxes, including excise taxes   400 2,169 1,064
Net Investment Income 100,866 32,056 259,852 79,593
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments 56,096 26,036 90,577 40,669
Translation of other assets and liabilities in foreign currencies (29,938) 3,921 (25,010) 2,758
Total net change in unrealized gains (losses) 26,158 29,957 65,567 43,427
Realized gains (losses):        
Non-controlled, non-affiliated investments 125   3,734  
Foreign currency transactions (169) (510) 3,146 (467)
Total net realized gains (losses) (44) (510) 6,880 (467)
Total Net Unrealized and Realized Gains (Losses) 26,114 29,447 72,447 42,960
Increase (Decrease) in Net Assets Resulting from Operations $ 126,980 $ 61,503 $ 332,299 $ 122,553
Earnings per common share-basic $ 1.32 $ 1.74 $ 3.98 $ 4.07
Weighted average common shares outstanding-basic 95,855,394 35,303,072 83,485,668 30,109,493
Earnings per common share-diluted $ 1.32 $ 1.74 $ 3.98 $ 4.07
Weighted average common shares outstanding-diluted 95,855,394 35,303,072 83,485,668 30,109,493