XML 77 R59.htm IDEA: XBRL DOCUMENT v3.25.0.1
Fair Value of Financial Instruments - Unobservable Inputs (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,064,073 [1],[2] $ 263,930 [3]
Level 3—Significant unobservable inputs    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,022,418 $ 262,316
Level 3—Significant unobservable inputs | Senior Debt | Minimum | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.076 0.10
Level 3—Significant unobservable inputs | Senior Debt | Maximum | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.114 0.115
Level 3—Significant unobservable inputs | Senior Debt | Weighted Average | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.095 0.109
Level 3—Significant unobservable inputs | Senior Debt | Discounted Cash Flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 855,090 $ 185,976
Level 3—Significant unobservable inputs | Senior Debt | Cost    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 10,398 18,338
Level 3—Significant unobservable inputs | Subordinated Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,667 $ 961
Level 3—Significant unobservable inputs | Subordinated Debt | Minimum | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.154 0.154
Level 3—Significant unobservable inputs | Subordinated Debt | Maximum | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.154 0.154
Level 3—Significant unobservable inputs | Subordinated Debt | Weighted Average | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.154 0.154
Level 3—Significant unobservable inputs | Net Asset Based Finance | Minimum | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.048 0.059
Level 3—Significant unobservable inputs | Net Asset Based Finance | Minimum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 1.1 1
Level 3—Significant unobservable inputs | Net Asset Based Finance | Maximum | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.417 0.432
Level 3—Significant unobservable inputs | Net Asset Based Finance | Maximum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 1.1 1
Level 3—Significant unobservable inputs | Net Asset Based Finance | Weighted Average | Range (Weighted Average)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 0.099 0.08
Level 3—Significant unobservable inputs | Net Asset Based Finance | Weighted Average | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range 1.1 1
Level 3—Significant unobservable inputs | Net Asset Based Finance | Discounted Cash Flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 139,551 $ 39,896
Level 3—Significant unobservable inputs | Net Asset Based Finance | Cost    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 12,196 14,174
Level 3—Significant unobservable inputs | Net Asset Based Finance | Waterfall    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 3,516 2,679
Level 3—Significant unobservable inputs | Net Asset Based Finance | Other    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value   $ 292
[1] See Note 8 for additional information regarding the fair value of the Company’s financial instruments.
[2] Security may be an obligation of one or more entities affiliated with the named company.
[3] See Note 8 for additional information regarding the fair value of the Company’s financial instruments.