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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule of Changes in Net Assets For the years ended December 31, 2023, 2022 and 2021, permanent differences were as follows:
For The Year Ended December 31,
 202320222021
Undistributed net investment income (loss)$32,895 $60,532 $(17,556)
Accumulated net realized gain (loss)$(15,911)$(58,963)$19,994 
Paid In Capital$(16,984)$1,569 $(2,438)
Federal Income Tax Note
The following reconciles the increase in net assets resulting from operations to taxable income for the years ended December 31, 2023, 2022 and 2021:
For The Year Ended December 31,
 
2023 (1)
20222021
Net increase (decrease) in net assets resulting from operations$611,951 $404,556 $460,422 
Net change in unrealized (appreciation) depreciation54,573 122,149 (104,178)
Realized gains (losses) for tax not included in book income(917)(60)310 
Non-deductible capital gains incentive fees(5,506)(11,883)16,312 
Other non-deductible expenses and excise taxes16,984 1,542 2,412 
Net post-October capital loss deferral (reversal)— — (4,293)
Taxable/distributable income$677,085 $516,304 $370,985 
(1)Tax information for the fiscal year ended December 31, 2023 is estimated and is not considered final until the Company files its tax return.
The cost and unrealized gain (loss) of the Company’s investments, as calculated on a tax basis, at December 31, 2023, December 31, 2022 and December 31, 2021 were as follows:
For The Year Ended December 31,
 202320222021
Gross unrealized appreciation$86,757 $88,353 $132,173 
Gross unrealized depreciation(146,095)(129,296)(22,232)
Net change in unrealized appreciation (depreciation)$(59,338)$(40,943)$109,941 
Tax cost of investments$9,927,777 $9,658,192 $9,855,692 
Schedule of Accumulated Gains (Losses) as Calculated on Tax Basis
The components of accumulated gains (losses) as calculated on a tax basis for the years ended December 31, 2023, 2022 and 2021 were as follows:
For The Year Ended December 31,
 202320222021
Distributable ordinary income$281,140 $104,577 $104,080 
Distributable capital gains26,953 37,000 3,229 
Other temporary book/tax differences— (5,506)(17,389)
Net change in unrealized appreciation/(depreciation) on investments(58,065)(10,194)109,941 
Total accumulated under-distributed (over-distributed) earnings$250,028 $125,877 $199,861