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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
10. EARNINGS PER SHARE

The following information sets forth the computations of basic and diluted net increase in stockholders’ equity resulting from operations per share for the three months ended March 31, 2023 and 2022:

 For the Three Months Ended March 31,
 20232022
Net increase in stockholders’ equity resulting from operations—basic$278 $211 
Adjustment for interest expense on 2024 Convertible Notes(1)4 4 
Net increase in stockholders’ equity resulting from operations—diluted$282 $215 
Weighted average shares of common stock outstanding—basic534 479 
Assumed conversion of 2024 Convertible Notes21 21 
Weighted average shares of common stock outstanding—diluted555 500 
Net increase in stockholders’ equity resulting from operations per share—basic$0.52 $0.44 
Net increase in stockholders’ equity resulting from operations per share—diluted$0.51 $0.43 
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(1)    Includes the impact of income based fees.
For the purpose of calculating diluted net increase in stockholders’ equity resulting from operations per share for the three months ended March 31, 2023 and 2022, the Company utilized the if-converted method which assumes full share settlement for the aggregate value of the 2024 Convertible Notes.