XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Earnings Per Share | Shares used in the computation of the Company’s basic and diluted earnings per share are as follows:
(in thousands, except per share data) |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Numerator |  |  |  |  |  |  |  |
Net increase (decrease) in net assets resulting from operations |  | $ | 27,967 |  |  | $ | 53,202 |  |  | $ | 217,306 |  |  | $ | 39,548 |
Less: Total distributions declared |  | (72,534) |  |  | (63,950) |  |  | (204,687) |  |  | (181,825) |
Total Earnings (loss), net of total distributions |  | (44,567) |  |  | (10,748) |  |  | 12,619 |  |  | (142,277) |
Earnings (loss), net of distributions attributable to common shares |  | (44,567) |  |  | (10,748) |  |  | 12,486 |  |  | (142,277) |
Add: Distributions declared attributable to common shares |  | 71,860 |  |  | 63,421 |  |  | 202,556 |  |  | 180,114 |
Numerator for basic and diluted change in net assets per common share |  | $ | 27,293 |  |  | $ | 52,673 |  |  | $ | 215,042 |  |  | $ | 37,837 |
Denominator |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  | 146,899 |  | 127,484 |  | 141,223 |  | 123,379
Common shares issuable |  | 211 |  | 1,850 |  | 903 |  | 1,388
Weighted average common shares outstanding assuming dilution |  | 147,110 |  | 129,334 |  | 142,126 |  | 124,767
Change in net assets per common share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.19 |  |  | $ | 0.41 |  |  | $ | 1.52 |  |  | $ | 0.31 |
Diluted |  | $ | 0.19 |  |  | $ | 0.41 |  |  | $ | 1.51 |  |  | $ | 0.30 |
Schedule of Number of Anti-diluted Shares As Calculated Based on Weighted Average Closing Price of Common Stock | The calculation of change in net assets resulting from operations per common share assuming dilution, excludes all anti-dilutive shares. For the three and nine months ended September 30, 2023, and 2022, the number of anti-dilutive shares, as calculated based on the weighted average closing price of the Company’s common stock for the periods, are as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
Anti-dilutive Securities |  | 2023 |  | 2022 |  | 2023 |  | 2022
Unvested common stock options |  | 347 |  | 865 |  | 1,782 |  | 1,725
Restricted stock units |  | — |  | — |  | 5,810 |  | —
Unvested restricted stock awards |  | 395 |  | 3,982 |  | 40,034 |  | 1,611

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration