v3.25.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net increase (decrease) in net assets from operations: $ 95,547 $ 25,320
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by (used for) operating activities:    
Purchases of investments (612,216) (756,664)
Payment-in-kind interest capitalized (25,897) (41,244)
Investments in affiliated money market fund, net (7,455) (1,527)
Proceeds from sales of investments and principal repayments 893,248 621,415
Net realized (gain) loss on investments 120,273 133,461
Net change in unrealized (appreciation) depreciation on investments (79,632) 36,519
Net change in unrealized (appreciation) depreciation on foreign currency forward contracts and transactions 61 215
Net change in unrealized (appreciation) depreciation on interest rate swaps accounted for as hedge instruments and the related hedged items 30  
Amortization of premium and accretion of discount, net (17,162) (20,038)
Amortization of deferred financing and debt issuance costs 6,147 6,471
Change in operating assets and liabilities:    
(Increase) decrease in interest and dividends receivable 2,593 5,745
(Increase) decrease in other assets (1,970) (1,136)
Increase (decrease) in interest and other debt expenses payable (13,842) (5,513)
Increase (decrease) in management fees payable (601) 147
Increase (decrease) in incentive fees payable 721 (13,041)
Increase (decrease) in accrued expenses and other liabilities (4,285) (796)
Net cash provided by (used for) operating activities 355,560 (10,666)
Cash flows from financing activities:    
Proceeds from issuance of common stock (net of underwriting costs)   109,932
Offering costs paid (229) (431)
Repurchases of common stock (including commissions and direct acquisition costs) (37,166)  
Distributions paid (174,235) (146,830)
Deferred financing and debt issuance costs paid (9,074) (8,178)
Borrowings on debt 1,366,386 883,564
Repayments of debt (1,448,000) (827,997)
Secured borrowings   1,224
Net cash provided by (used for) financing activities (302,318) 11,284
Net increase (decrease) in cash 53,242 618
Effect of foreign exchange rate changes on cash 146 (24)
Cash, beginning of period 61,795 52,363
Cash, end of period 115,183 52,957
Supplemental and non-cash activities    
Interest expense paid 87,875 82,658
Accrued but unpaid excise tax expense 3,393 4,509
Accrued but unpaid distributions 54,774 52,723
Reinvestment of stockholder distributions   5,455
Exchange of investments $ 98,844 $ 202,973