XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.1.u1
FAIR VALUE MEASUREMENTS - Unobservable Inputs (Details)
$ in Thousands
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 3,293,205 $ 3,193,561
Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 3,219,673 3,117,354
Level 3 | First Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 3,093,759 2,979,870
Level 3 | First Lien Debt | Yield Analysis | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 3,093,759 $ 2,979,870
Level 3 | First Lien Debt | Yield Analysis | Low | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0899 0.0861
Level 3 | First Lien Debt | Yield Analysis | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.2519 0.2509
Level 3 | First Lien Debt | Yield Analysis | Weighted Average(1) | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1137 0.1100
Level 3 | Second Lien Debt    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 82,186 $ 96,848
Level 3 | Second Lien Debt | Yield Analysis | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 82,186 $ 96,848
Level 3 | Second Lien Debt | Yield Analysis | Low | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1119 0.1080
Level 3 | Second Lien Debt | Yield Analysis | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1577 0.3113
Level 3 | Second Lien Debt | Yield Analysis | Weighted Average(1) | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1379 0.1437
Level 3 | Unsecured debt | Income Approach | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,912 $ 1,894
Level 3 | Unsecured debt | Income Approach | Low | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1470 0.1460
Level 3 | Unsecured debt | Income Approach | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1470 0.1460
Level 3 | Unsecured debt | Income Approach | Weighted Average(1) | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1470 0.1460
Level 3 | Unsecured debt | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 251 $ 170
Level 3 | Unsecured debt | Market Approach | Low | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 9 9
Level 3 | Unsecured debt | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 9 9
Level 3 | Unsecured debt | Market Approach | Weighted Average(1) | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 9 9
Level 3 | Preferred equity | Income Approach | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 20,778 $ 18,758
Level 3 | Preferred equity | Income Approach | Low | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.0990 0.1219
Level 3 | Preferred equity | Income Approach | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.2476 0.1568
Level 3 | Preferred equity | Income Approach | Weighted Average(1) | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.1245 0.1347
Level 3 | Preferred equity | Market Approach | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,275 $ 1,275
Level 3 | Preferred equity | Market Approach | Low | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 7.5 7.5
Level 3 | Preferred equity | Market Approach | High | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 7.5 7.5
Level 3 | Preferred equity | Market Approach | Weighted Average(1) | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 7.5 7.5
Level 3 | Common equity | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 17,225 $ 16,600
Level 3 | Common equity | Market Approach | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 2,287 $ 1,939
Level 3 | Common equity | Market Approach | Low | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 8.05 8.1
Level 3 | Common equity | Market Approach | Low | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 7.58 7.6
Level 3 | Common equity | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 18.72 18.7
Level 3 | Common equity | Market Approach | High | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 8.75 9.8
Level 3 | Common equity | Market Approach | Weighted Average(1) | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 13.03 13.26
Level 3 | Common equity | Market Approach | Weighted Average(1) | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 8.35 8.47