v3.25.3
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Investments, at fair value    
Total investments, at fair value $ 3,196,933 $ 3,475,258
Cash 115,183 61,795
Interest and dividends receivable 25,499 28,092
Deferred financing costs 14,050 11,897
Other assets 643 1,103
Total assets 3,385,001 3,603,383
Liabilities    
Debt (net of debt issuance costs of $9,602 and $8,176) [1] 1,840,781 1,926,452
Interest and other debt expenses payable 8,099 21,289
Management fees payable 8,179 8,780
Incentive fees payable 7,051 6,330
Distribution payable 54,774 52,784
Unrealized depreciation on derivatives 477 38
Secured borrowings 3,209 2,920
Accrued expenses and other liabilities 7,602 12,090
Total liabilities 1,930,172 2,030,683
Commitments and contingencies (Note 8)
Net assets    
Common stock, par value $0.001 per share (200,000,000 shares authorized, 114,113,096 and 117,297,222 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively) 114 117
Paid-in capital in excess of par 1,909,063 1,946,253
Distributable earnings (loss) (454,348) (373,670)
Total net assets 1,454,829 1,572,700
Total liabilities and net assets $ 3,385,001 $ 3,603,383
Net asset value per share [2] $ 12.75 $ 13.41
Non-Controlled/Non-Affiliated Investments    
Investments, at fair value    
Total investments, at fair value $ 3,100,060 $ 3,368,503
Non-Controlled Affiliated Investments    
Investments, at fair value    
Total investments, at fair value 96,873 106,755
Controlled Affiliated Investments    
Investments, at fair value    
Investments in affiliated money market fund, Cost $ 32,693 $ 25,238
[1] The carrying value is presented net of the unamortized debt issuance costs and includes the cumulative hedging adjustments for those borrowings that are designated in a fair value hedging relationship, as applicable.
[2] The per share data was derived by using the weighted average shares outstanding during the applicable period that the shares were outstanding, except for distributions recorded, which reflects the actual amount per share for the applicable period