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DERIVATIVE INSTRUMENTS | 9 Months Ended
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Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
DERIVATIVE INSTRUMENTS | 6. DERIVATIVE INSTRUMENTS The Company enters into forward currency contracts from time to time to help mitigate the impact that an adverse change in foreign exchange rates would have on the value of the Company’s investments denominated in foreign currencies. As of September 30, 2022 and December 31, 2021, the counterparty to these forward currency contracts was Royal Bank of Canada and Truist Financial Corporation, respectively. In December 2017, in connection with $395 of the term loan tranche of the Revolving Credit Facility, the Company entered into a three-year interest rate swap agreement to mitigate its exposure to adverse fluctuations in interest rates for a total notional amount of $395, which matured on January 4, 2021. Under the interest rate swap agreement, the Company paid a fixed interest rate of 2.06% and received a floating rate based on the prevailing one-month LIBOR plus a spread of 1.75%. Certain information related to the Company’s derivative instruments as of September 30, 2022 and December 31, 2021 is presented below.
| As of September 30, 2022
Derivative Instrument | Notional Amount |  | Maturity Date |  | Gross Amount of Recognized Assets |  | Gross Amount of Recognized Liabilities |  | Balance Sheet Location of Net Amounts
Foreign currency forward contract | CAD | 262 |  |  | 10/28/2022 |  | $ | 203 |  |  | $ | (190) |  |  | Other assets
Foreign currency forward contract | CAD | 237 |  |  | 10/19/2022 |  | 178 |  |  | (171) |  |  | Other assets
Foreign currency forward contract | € | 135 |  |  | 10/28/2022 |  | 137 |  |  | (132) |  |  | Other assets
Foreign currency forward contract | £ | 123 |  |  | 10/28/2022 |  | 148 |  |  | (137) |  |  | Other assets
Foreign currency forward contract | NZD | 72 |  |  | 10/28/2022 |  | 45 |  |  | (41) |  |  | Other assets
Foreign currency forward contract | CAD | 2 |  |  | 10/28/2022 |  | 2 |  |  | (2) |  |  | Other assets
Foreign currency forward contract | € | 1 |  |  | 10/28/2022 |  | 1 |  |  | (1) |  |  | Other assets
Total |  |  |  |  |  | $ | 714 |  |  | $ | (674) |  |  |
| As of December 31, 2021
Derivative Instrument | Notional Amount |  | Maturity Date |  | Gross Amount of Recognized Assets |  | Gross Amount of Recognized Liabilities |  | Balance Sheet Location of Net Amounts
Foreign currency forward contract | CAD | 309 |  |  | 1/28/2022 |  | $ | 240 |  |  | $ | (245) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | CAD | 209 |  |  | 1/19/2022 |  | 163 |  |  | (165) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | € | 153 |  |  | 1/28/2022 |  | 172 |  |  | (174) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | £ | 95 |  |  | 1/28/2022 |  | 126 |  |  | (129) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | CAD | 2 |  |  | 1/28/2022 |  | 1 |  |  | (1) |  |  | Accounts payable and other liabilities
Total |  |  |  |  |  | $ | 702 |  |  | $ | (714) |  |  |
Net realized gains (losses) on derivative instruments recognized by the Company for the three and nine months ended September 30, 2022 and 2021 is in the following location in the consolidated statements of operations:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
Derivative Instrument | Statement Location | 2022 |  | 2021 |  | 2022 |  | 2021
Interest rate swap | Net realized gains (losses) from foreign currency and other transactions | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Foreign currency forward contract | Net realized gains (losses) from foreign currency and other transactions | 22 |  |  | 17 |  |  | 36 |  |  | 9 |
Total |  | $ | 22 |  |  | $ | 17 |  |  | $ | 36 |  |  | $ | 9 |
Net unrealized gains (losses) on derivative instruments recognized by the Company for the three and nine months ended September 30, 2022 and 2021 is in the following location in the consolidated statements of operations:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
Derivative Instrument | Statement Location | 2022 |  | 2021 |  | 2022 |  | 2021
Interest rate swap | Net unrealized gains (losses) from foreign currency and other transactions | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Foreign currency forward contract | Net unrealized gains (losses) from foreign currency and other transactions | 31 |  |  | (2) |  |  | 52 |  |  | 3 |
Total |  | $ | 31 |  |  | $ | (2) |  |  | $ | 52 |  |  | $ | 4 |

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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI https://asc.fasb.org/topic&trid=2229140 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 5 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126731327&loc=d3e90205-114008 + Details
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