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v3.24.3

Long-term Debt (Details) - USD ($) | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
May 31, 2023 | Dec. 31, 2021 | Sep. 30, 2024 | Dec. 31, 2023
Revolving Credit Facility |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Letters of credit outstanding |  |  | $ 0 | $ 0
2021 Revolving Facility | Federal Funds Effective Rate |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Effective interest rate |  | 0.50% |  |
2021 Revolving Facility | Revolving Credit Facility |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of credit maximum borrowing capacity |  | $ 150,000,000 |  |
Maturity period |  | 5 years |  |
Debt issuance costs |  | $ 800,000 |  |
SOFR floor rate |  | 1.00% |  |
Rate added to Adjusted Term SOFR |  | 1.00% |  |
Basis spread on variable rate, initial reduction |  | 0.25% |  |
Basis spread on variable rate, further reduction |  | 0.25% |  |
Total net first lien leverage ratio, first reduction requirement |  | 3.50 |  |
Total net first lien leverage ratio, second reduction requirement |  | 2.50 |  |
Commitment fee |  | 0.35% |  |
Commitment fee reduction |  | 0.10% |  |
Total net first lien leverage ratio, maximum |  | 3.50 |  |
Total net first lien leverage ratio |  | 4.50 |  |
Percent of total commitments not reimbursed |  | 35.00% |  |
Line of credit outstanding |  |  | $ 0 | $ 0
2021 Revolving Facility | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread | 0.10% |  |  |
2021 Revolving Facility | Letter of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of credit maximum borrowing capacity |  | $ 20,000,000 |  |
2021 Revolving Facility | Swingline Loan |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of credit maximum borrowing capacity |  | $ 10,000,000 |  |

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