XML 43 R33.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value - Summary of the Changes in Fair Value of Level 3 Assets (Details) - USD ($)
$ in Thousands
3 Months Ended 11 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance $ 38,271 $ 21,654   $ 21,654
Total gains or losses included in earnings:        
Net realized gain (loss) 0     13
Net change in unrealized gain (loss) (180) 121   549
Purchase of investment securities [1] 6,032     27,483
Proceeds from dispositions of investment securities (6,523)     (11,428)
Transfers into Level 3 0     0
Transfers out of Level 3 0     0
Ending balance $ 37,600   $ 21,654 38,271
Unrealized gains for the period relating to those Level 3 assets that were still held by the Company at the end of the period:        
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net change in unrealized gain (loss)   Net change in unrealized gain (loss)  
Net change in unrealized gain (loss) $ 12     568
Bank Debt And Senior Secured Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance 38,271 21,651   21,651
Total gains or losses included in earnings:        
Net realized gain (loss) 0     9
Net change in unrealized gain (loss) (180)     549
Purchase of investment securities [1] 6,032     27,483
Proceeds from dispositions of investment securities (6,523)     (11,421)
Transfers into Level 3 0     0
Transfers out of Level 3 0     0
Ending balance 37,600   $ 21,651 38,271
Unrealized gains for the period relating to those Level 3 assets that were still held by the Company at the end of the period:        
Net change in unrealized gain (loss) 12     568
Warrants        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Beginning balance $ 0 $ 3   3
Total gains or losses included in earnings:        
Net realized gain (loss)       4
Net change in unrealized gain (loss)       0
Purchase of investment securities [1]       0
Proceeds from dispositions of investment securities       (7)
Transfers into Level 3       0
Transfers out of Level 3       0
Ending balance     $ 3 0
Unrealized gains for the period relating to those Level 3 assets that were still held by the Company at the end of the period:        
Net change in unrealized gain (loss)       $ 0
[1]

* Includes PIK capitalization and accretion of discount.