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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
In accordance with the final rule adopted by the SEC in August 2022 implementing Section 953(a) of the Dodd-Frank Act, we are providing the following table that sets forth certain compensation measures for certain of our officers alongside certain performance metrics for the Company and certain of its industry peers:
Value of Initial $100
Investment:
YearSummary
Compensation
Table CEO
Total
Compensation
($)
Compensation
Actually Paid
to CEO ($)(1)
Average SCT
Non-CEO
NEOs Total
Compensation
($)
Average
Compensation
Actually Paid
to Non-CEO
NEOs ($)(1)
Company
TSR ($)
Peer Group
TSR ($)(2)
Net
Income
($ in
thousands)
Return on
Equity
20249,076,742 12,296,799 2,001,861 2,563,410 250.11 134.35 262,966 17.2 %
20238,891,994 11,871,291 1,778,104 2,234,447 187.59 128.90 337,484 14.9 %
20227,370,508 12,508,448 1,441,832 1,354,862 131.26 113.50 102,081 11.6 %
20217,410,986 11,960,041 1,548,309 1,560,941 145.05 125.26 174,155 11.1 %
20207,871,404 12,662,414 1,621,547 1,676,816 115.13 91.15 227,261 11.3 %
       
Company Selected Measure Name Return on Equity        
Named Executive Officers, Footnote 2022, 2023 and 2024 CEO is Bluestein; non-CEO NEOs are Meyer, Botelho and Follmann
2021 CEO is Bluestein; non-CEO NEOs are Meyer and Grace
2020 CEO is Bluestein; non-CEO NEOs are Meyer and Grace
       
Peer Group Issuers, Footnote “Peer Group” TSR is the S&P500 BDC Index        
PEO Total Compensation Amount $ 9,076,742 $ 8,891,994 $ 7,370,508 $ 7,410,986 $ 7,871,404
PEO Actually Paid Compensation Amount $ 12,296,799 11,871,291 12,508,448 11,960,041 12,662,414
Adjustment To PEO Compensation, Footnote
(1)The amounts shown for Compensation Actually Paid (CAP) have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by our CEO or Other NEOs. These amounts reflect the Summary Compensation Table Total (SCT) with certain adjustments as set forth in the following reconciliation table:
NameYearSCT
 Total ($)
SCT Stock
 Awards ($)
Fair
 Value of
 Stock
 Awards
 Granted
 in the
 Covered
 Year ($)
Change
 in Fair
 Value of
 Unvested
 Stock
 Awards
 from
 Prior
 Years ($)
Fair
 Value of
 Stock
 Awards
 Granted
 and
 Vested
 in the
 Covered
 Year ($)
Change
 in Fair
 Value of
 Stock
 Awards
 from
 Prior
 Years
 that
 Vested in
 the
 Covered
 Year ($)
Fair
 Value of
 Stock
 Awards
 Forfeited
 ($)
Value of
 Dividends
 on
 Unvested
 Stock
 Awards
 Not
 Otherwise
 Reflected
 in Fair
 Value ($)
Compensation
 Actually Paid
PEO20249,076,742 (4,903,742)6,161,244 1,294,682 667,873 12,296,799 
20238,891,994 (5,019,494)7,102,637 576,741 319,413 11,871,291 
20227,370,508 (3,700,008)3,211,607 (126,779)5,753,121 12,508,448 
20217,410,986 (3,449,995)4,289,439 2,843,025 866,586 11,960,041 
20207,871,404 (3,989,493)4,454,699 4,439,836 (114,033)12,662,414 
NEO
Average
20242,001,861 (984,695)1,232,068 210,493 103,683 2,563,410 
20231,778,104 (818,104)1,149,198 82,349 42,900 2,234,447 
20221,441,832 (541,665)470,981 (20,807)4,521 1,354,862 
20211,548,309 (611,752)676,676 7,210 65,068 (124,571)1,560,941 
20201,621,547 (602,500)672,756 21,233 (36,220)1,676,816 
       
Non-PEO NEO Average Total Compensation Amount $ 2,001,861 1,778,104 1,441,832 1,548,309 1,621,547
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,563,410 2,234,447 1,354,862 1,560,941 1,676,816
Adjustment to Non-PEO NEO Compensation Footnote
(1)The amounts shown for Compensation Actually Paid (CAP) have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by our CEO or Other NEOs. These amounts reflect the Summary Compensation Table Total (SCT) with certain adjustments as set forth in the following reconciliation table:
NameYearSCT
 Total ($)
SCT Stock
 Awards ($)
Fair
 Value of
 Stock
 Awards
 Granted
 in the
 Covered
 Year ($)
Change
 in Fair
 Value of
 Unvested
 Stock
 Awards
 from
 Prior
 Years ($)
Fair
 Value of
 Stock
 Awards
 Granted
 and
 Vested
 in the
 Covered
 Year ($)
Change
 in Fair
 Value of
 Stock
 Awards
 from
 Prior
 Years
 that
 Vested in
 the
 Covered
 Year ($)
Fair
 Value of
 Stock
 Awards
 Forfeited
 ($)
Value of
 Dividends
 on
 Unvested
 Stock
 Awards
 Not
 Otherwise
 Reflected
 in Fair
 Value ($)
Compensation
 Actually Paid
PEO20249,076,742 (4,903,742)6,161,244 1,294,682 667,873 12,296,799 
20238,891,994 (5,019,494)7,102,637 576,741 319,413 11,871,291 
20227,370,508 (3,700,008)3,211,607 (126,779)5,753,121 12,508,448 
20217,410,986 (3,449,995)4,289,439 2,843,025 866,586 11,960,041 
20207,871,404 (3,989,493)4,454,699 4,439,836 (114,033)12,662,414 
NEO
Average
20242,001,861 (984,695)1,232,068 210,493 103,683 2,563,410 
20231,778,104 (818,104)1,149,198 82,349 42,900 2,234,447 
20221,441,832 (541,665)470,981 (20,807)4,521 1,354,862 
20211,548,309 (611,752)676,676 7,210 65,068 (124,571)1,560,941 
20201,621,547 (602,500)672,756 21,233 (36,220)1,676,816 
       
Compensation Actually Paid vs. Total Shareholder Return
The graph below reflects the relationship between “Compensation Actually Paid” to our CEO and other NEOs and TSR for the Company and the S&P BDC Index:
1.jpg
       
Compensation Actually Paid vs. Net Income
The graph below reflects the relationship between “Compensation Actually Paid” to our CEO and other NEOs and Net Investment Income:
3.jpg
       
Compensation Actually Paid vs. Company Selected Measure
The graph below reflects the relationship between “Compensation Actually Paid” to our CEO and other NEOs and the Company Selected Performance Measure of ROE for the Company:
2.jpg
       
Total Shareholder Return Vs Peer Group
The graph below reflects the relationship between “Compensation Actually Paid” to our CEO and other NEOs and TSR for the Company and the S&P BDC Index:
1.jpg
       
Tabular List, Table return on equity (ROE);
total dividends paid to stockholders;
net realized gain or losses; and
net unrealized appreciation or depreciation.
       
Total Shareholder Return Amount $ 250.11 187.59 131.26 145.05 115.13
Peer Group Total Shareholder Return Amount 134.35 128.90 113.50 125.26 91.15
Net Income (Loss) $ 262,966,000 $ 337,484,000 $ 102,081,000 $ 174,155,000 $ 227,261,000
Company Selected Measure Amount 0.172 0.149 0.116 0.111 0.113
PEO Name   Bluestein Bluestein Bluestein Bluestein
Additional 402(v) Disclosure As described above, restrictions imposed by the 1940 Act restrict the Compensation Committee’s ability to use nondiscretionary or formulaic Company performance goals or criteria to determine executive incentive compensation. The Compensation Committee instead considers several financial performance metrics, along with other factors including operational goals and individual performance criteria, in determining the appropriate compensation for the NEOs.Other key metrics considered by the Compensation Committee when determining the appropriate compensation for NEOs include gross and net investment activity, net origination activities, growth and performance of the Company’s registered investment advisory business, maintenance of liquidity and capital flexibility and individual contributions to corporate objectives.        
Measure:: 1          
Pay vs Performance Disclosure          
Name return on equity (ROE)        
Measure:: 2          
Pay vs Performance Disclosure          
Name total dividends paid to stockholders        
Measure:: 3          
Pay vs Performance Disclosure          
Name net realized gain or losses        
Measure:: 4          
Pay vs Performance Disclosure          
Name net unrealized appreciation or depreciation        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (4,903,742) $ (5,019,494) $ (3,700,008) $ (3,449,995) $ (3,989,493)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,161,244 7,102,637 3,211,607 4,289,439 4,454,699
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,294,682 576,741 (126,779) 2,843,025 4,439,836
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 667,873 319,413 5,753,121 866,586 (114,033)
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (984,695) (818,104) (541,665) (611,752) (602,500)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,232,068 1,149,198 470,981 676,676 672,756
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 210,493 82,349 (20,807) 7,210 21,233
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 103,683 42,900 4,521 65,068 (36,220)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 (124,571) 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ 0