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Consolidated Statement of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income                              
Interest from investments                         $ 833,132 $ 592,789 $ 222,295
Investment, Type [Extensible Enumeration] Investment, Unaffiliated Issuer [Member]       Investment, Unaffiliated Issuer [Member]       Investment, Unaffiliated Issuer [Member]       Investment, Unaffiliated Issuer [Member] Investment, Unaffiliated Issuer [Member] Investment, Unaffiliated Issuer [Member]
Paid-in-kind interest income                         $ 70,670 $ 34,694 $ 14,426
Dividend income                         6,307 5,294 0
Other income                         38,560 35,987 9,352
Total Investment Income                         948,669 668,764 246,073
Expenses                              
Interest                         233,900 191,989 72,356
Management fees                         108,014 67,847 25,225
Incentive fees on net investment income                         82,440 54,664 19,289
Incentive fees on net capital gains (losses)                         (9,610) 17,803 6,746
Organizational expense                         0 0 49
Offering expense                         0 1,359 1,079
Professional fees                         7,751 5,563 3,245
Trustees' fees                         706 479 743
Other general and administrative                         6,703 5,839 4,304
Total expenses                         429,904 345,543 133,036
Management fees waived (Note 3)                         (67,954) (43,796) (16,742)
Net Expenses                         361,950 301,747 116,294
Net Investment Income Before Income Taxes                         586,719 367,017 129,779
Income taxes, including excise taxes                         27 2,169 1,500
Net Investment Income $ 144,541 $ 142,571 $ 147,018 $ 152,562 $ 104,995 $ 100,866 $ 86,265 $ 72,722 $ 48,686 [1] $ 32,056 [1] $ 32,421 [1] $ 15,115 [1] 586,692 364,848 128,279
Net change in unrealized gains (losses):                              
Non-controlled, non-affiliated investments                         51,500 102,963 61,554
Translation of other assets and liabilities in foreign currencies                         (132,414) 31,061 (4,799)
Total net change in unrealized gains (losses)                         (80,914) 134,024 56,755
Realized gains (losses):                              
Non-controlled, non-affiliated investments                         15,147 3,734 0
Foreign currency transactions                         (6,682) 3,334 (1,045)
Income tax provision                         (1,150) 0 0
Total net realized gains (losses)                         7,315 7,068 (1,045)
Total Net Unrealized and Realized Gains (Losses) (55,862) (4,190) 10,908 (24,455) 68,646 26,114 21,329 25,003 12,750 29,447 410 13,103 (73,599) 141,092 55,710
Increase (Decrease) in Net Assets Resulting from Operations $ 88,679 $ 138,381 $ 157,926 $ 128,107 $ 173,641 $ 126,980 $ 107,594 $ 97,725 $ 61,437 $ 61,503 $ 32,831 $ 28,218 $ 513,093 $ 505,940 $ 183,989
Earnings per common share-basic                         $ 3.58 $ 5.61 $ 5.3
Weighted average common shares outstanding-basic                         143,370,950 90,180,335 34,746,777
Earnings per common share-diluted                         $ 3.58 $ 5.61 $ 5.3
Weighted average common shares outstanding-diluted                         143,370,950 90,180,335 34,746,777
[1] Net investment income excludes $943 of expenses incurred at formation.