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Debt (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2023 | Dec. 31, 2022
Debt Disclosure [Abstract] |  |
Schedule of Long-Term Debt Instruments | The summary information of the CIBC Subscription Facility is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three Months Ended |  | For the Nine Months Ended |
​ |  | September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022 |
Borrowing interest expense | ​ | $ | — | ​ | $ | 2,271 | ​ | $ | — | ​ | $ | 5,450 | ​
Facility unused commitment fees | ​ |  | — | ​ |  | 6 | ​ |  | — | ​ |  | 19 | ​
Amortization of deferred financing costs | ​ |  | — | ​ |  | 327 | ​ |  | — | ​ |  | 1,125 | ​
Total | ​ | $ | — | ​ | $ | 2,604 | ​ | $ | — | ​ | $ | 6,594 | ​
Weighted average interest rate (excluding unused fees and financing costs) | ​ |  | — | % |  | 3.76 | % |  | — | % |  | 2.57 | %
Weighted average outstanding balance | ​ | $ | — | ​ | $ | 236,491 | ​ | $ | — | ​ | $ | 279,562 | ​
​ The summary information of the BNP Funding Facility is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three Months Ended |  | For the Nine Months Ended |
​ |  | September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022 |
Borrowing interest expense | ​ | $ | 6,904 | ​ | $ | 4,517 | ​ | $ | 20,862 | ​ | $ | 10,665 | ​
Facility unused commitment fees | ​ |  | 209 | ​ |  | 128 | ​ |  | 455 | ​ |  | 209 | ​
Amortization of deferred financing costs | ​ |  | 297 | ​ |  | 289 | ​ |  | 840 | ​ |  | 855 | ​
Total | ​ | $ | 7,410 | ​ | $ | 4,934 | ​ | $ | 22,157 | ​ | $ | 11,729 | ​
Weighted average interest rate (excluding unused fees and financing costs) | ​ |  | 7.77 | % |  | 4.57 | % |  | 7.34 | % |  | 3.37 | %
Weighted average outstanding balance | ​ | $ | 347,446 | ​ | $ | 386,962 | ​ | $ | 374,927 | ​ | $ | 417,700 | ​
​ The summary information of the Truist Credit Facility is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three Months Ended |  | For the Nine Months Ended |
​ |  | September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022 |
Borrowing interest expense | ​ | $ | 10,613 | ​ | $ | 4,018 | ​ | $ | 27,086 | ​ | $ | 7,485 | ​
Facility unused commitment fees | ​ |  | 531 | ​ |  | 568 | ​ |  | 1,723 | ​ |  | 1,863 | ​
Amortization of deferred financing costs | ​ |  | 518 | ​ |  | 267 | ​ |  | 1,473 | ​ |  | 905 | ​
Total | ​ | $ | 11,662 | ​ | $ | 4,853 | ​ | $ | 30,282 | ​ | $ | 10,253 | ​
Weighted average interest rate (excluding unused fees and financing costs) | ​ |  | 7.26 | % |  | 4.05 | % |  | 6.91 | % |  | 3.05 | %
Weighted average outstanding balance | ​ | $ | 572,225 | ​ | $ | 388,313 | ​ | $ | 516,745 | ​ | $ | 323,300 | ​
​ The summary information of 2027 Notes is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three Months Ended |  | For the Nine Months Ended |
​ |  | September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022 |
Borrowing interest expense | ​ | $ | 4,781 | ​ | $ | 4,781 | ​ | $ | 14,344 | ​ | $ | 12,219 | ​
Accretion of original issuance discount | ​ |  | 54 | ​ |  | 54 | ​ |  | 160 | ​ |  | 136 | ​
Amortization of debt issuance costs | ​ |  | 283 | ​ |  | 279 | ​ |  | 839 | ​ |  | 704 | ​
Total | ​ | $ | 5,118 | ​ | $ | 5,114 | ​ | $ | 15,343 | ​ | $ | 13,059 | ​
Stated interest rate | ​ |  | 4.50 | % |  | 4.50 | % |  | 4.50 | % |  | 4.50 | %
​ The summary information of 2025 Notes is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three Months Ended |  | For the Nine Months Ended |
​ | ​ | September 30, 2023 | ​ | September 30, 2022 | ​ | September 30, 2023 | ​ | September 30, 2022 |
Borrowing interest expense | ​ | $ | 5,191 | ​ | $ | 1,038 | ​ | $ | 15,572 | ​ | $ | 1,038 | ​
Amortization of debt issuance costs | ​ |  | 305 | ​ |  | 58 | ​ |  | 906 | ​ |  | 58 | ​
Total | ​ | $ | 5,496 | ​ | $ | 1,096 | ​ | $ | 16,478 | ​ | $ | 1,096 | ​
Stated interest rate | ​ |  | 7.55 | % |  | 7.55 | % |  | 7.55 | % |  | 7.55 | %
​ The Company’s debt obligations were as follows. Unused debt capacity of credit facilities were subject to certain borrowing base restrictions:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, 2023 |  | December 31, 2022
​ | ​ | Aggregate | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Aggregate | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Principal | ​ | Outstanding | ​ | Unused | ​ | Principal | ​ | Outstanding | ​ | Unused
​ | ​ | Committed |  | Principal |  | Portion |  | Committed |  | Principal |  | Portion
CIBC Subscription Facility(1) | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
BNP Funding Facility |  | ​ | 600,000 |  | ​ | 345,000 |  | ​ | 255,000 |  | ​ | 600,000 |  | ​ | 400,000 |  | ​ | 200,000
Truist Credit Facility(2)(3) |  | ​ | 1,120,000 |  | ​ | 680,252 |  | ​ | 438,498 |  | ​ | 975,000 |  | ​ | 432,254 |  | ​ | 538,521
2027 Notes(4) |  | ​ | 425,000 |  | ​ | 425,000 |  | ​ | — |  | ​ | 425,000 |  | ​ | 425,000 |  | ​ | —
2025 Notes(4) |  | ​ | 275,000 |  | ​ | 275,000 |  | ​ | — |  | ​ | 275,000 |  | ​ | 275,000 |  | ​ | —
Total | ​ | $ | 2,420,000 | ​ | $ | 1,725,252 | ​ | $ | 693,498 | ​ | $ | 2,275,000 | ​ | $ | 1,532,254 | ​ | $ | 738,521
(1) | The CIBC Subscription Facility matured and was fully paid off as of December 31, 2022.
(2) | As of September 30, 2023 and December 31, 2022, a letter of credit of $1,250 and $4,225, respectively, was outstanding, which reduced the unused availability under the Truist Credit Facility by the same amount.
(3) | Under the Truist Credit Facility, the Company may borrow in U.S. dollars or certain other permitted currencies. As of September 30, 2023 and December 31, 2022, the Company had borrowings denominated in Euros (EUR) of 238.
(4) | As of September 30, 2023, the carrying value of the Company’s 2027 Notes and 2025 Notes were presented on the Consolidated Statements of Assets and Liabilities net of unamortized debt issuance costs of $3,782 and $2,370, and unamortized original issuance discount of $721 and $0, respectively.
| The summary information of the CIBC Subscription Facility is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Year Ended |
​ | ​ | December 31, 2022 |  | December 31, 2021 |  | December 31, 2020 |
Borrowing interest expense | ​ | $ | 8,312 | ​ | $ | 6,379 | ​ | $ | 2,247 | ​
Facility unused commitment fees | ​ |  | 26 | ​ |  | 92 | ​ |  | 406 | ​
Amortization of deferred financing costs | ​ |  | 1,347 | ​ |  | 1,375 | ​ |  | 1,072 | ​
Total | ​ | $ | 9,685 | ​ | $ | 7,846 | ​ | $ | 3,725 | ​
Weighted average interest rate (excluding unused fees and financing costs) | ​ |  | 3.13 | % |  | 1.77 | % |  | 1.93 | %
Weighted average outstanding balance | ​ | $ | 262,184 | ​ | $ | 354,810 | ​ | $ | 114,431 | ​
​ The summary information of the BNP Funding Facility is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended |
​ |  | December 31, 2022 |  | December 31, 2021 |  | December 31, 2020 |
Borrowing interest expense | ​ | $ | 15,376 | ​ | $ | 8,559 | ​ | $ | — | ​
Facility unused commitment fees | ​ |  | 507 | ​ |  | 69 | ​ |  | — | ​
Amortization of deferred financing costs | ​ |  | 1,145 | ​ |  | 1,073 | ​ |  | 147 | ​
Total | ​ | $ | 17,028 | ​ | $ | 9,701 | ​ | $ | 147 | ​
Weighted average interest rate (excluding unused fees and financing costs) | ​ |  | 3.90 | % |  | 2.48 | % |  | — | %
Weighted average outstanding balance | ​ | $ | 389,216 | ​ | $ | 340,437 | ​ | $ | — | ​
​ The summary information of the Truist Credit Facility is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended | ​ | From July 16, 2021 to |
​ |  | December 31, 2022 |  | December 31, 2021 |
Borrowing interest expense | ​ | $ | 11,959 | ​ | $ | 2,145 | ​
Facility unused commitment fees | ​ |  | 2,487 | ​ |  | 858 | ​
Amortization of deferred financing costs | ​ |  | 1,243 | ​ |  | 465 | ​
Total | ​ | $ | 15,689 | ​ | $ | 3,468 | ​
Weighted average interest rate (excluding unused fees and financing costs) | ​ |  | 3.68 | % |  | 2.09 | %
Weighted average outstanding balance | ​ | $ | 320,955 | ​ | $ | 218,189 | ​
​ The summary information of 2027 Notes is as follows:
​ | ​ | ​ | ​ | ​
​ |  | For the year ended December 31, 2022 |
Borrowing interest expense | ​ | $ | 17,000 | ​
Accretion of original issuance discount | ​ |  | 190 | ​
Amortization of debt issuance costs | ​ |  | 996 | ​
Total | ​ | $ | 18,186 | ​
Stated interest rate | ​ |  | 4.50 | %
The summary information of 2025 Notes is as follows:
​ | ​ | ​ | ​ | ​
​ |  | For the year ended December 31, 2022 |
Borrowing interest expense | ​ | $ | 6,229 | ​
Amortization of debt issuance costs | ​ |  | 365 | ​
Total | ​ | $ | 6,594 | ​
Stated interest rate | ​ |  | 7.55 | %
​ The Company’s debt obligations were as follows. Unused debt capacity of credit facilities were subject to certain borrowing base restrictions:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022 | ​ | December 31, 2021
​ |  | Aggregate |  | ​ | ​ |  | ​ | ​ |  | Aggregate |  | ​ | ​ |  | ​ | ​
​ | ​ | Principal | ​ | Outstanding | ​ | Unused | ​ | Principal | ​ | Outstanding | ​ | Unused
​ | ​ | Committed | ​ | Principal | ​ | Portion | ​ | Committed | ​ | Principal | ​ | Portion
CIBC Subscription Facility(1) | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 400,000 | ​ | $ | 310,350 | ​ | $ | 89,650
BNP Funding Facility | ​ |  | 600,000 | ​ |  | 400,000 | ​ |  | 200,000 | ​ |  | 600,000 | ​ |  | 463,500 | ​ |  | 136,500
Truist Credit Facility(2)(3) | ​ |  | 975,000 | ​ |  | 432,254 | ​ |  | 538,521 | ​ |  | 975,000 | ​ |  | 476,000 | ​ |  | 499,000
2027 Notes(4) | ​ |  | 425,000 | ​ |  | 425,000 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
2025 Notes(4) | ​ |  | 275,000 | ​ |  | 275,000 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Total | ​ | $ | 2,275,000 | ​ | $ | 1,532,254 | ​ | $ | 738,521 | ​ | $ | 1,975,000 | ​ | $ | 1,249,850 | ​ | $ | 725,150
(1) | The CIBC Subscription Facility matured on December 31, 2022 and was fully paid off.
(2) | As of December 31, 2022, $4,225 letter of credit was outstanding, which reduced the unused availability under the Truist Credit Facility of the same amount. As of December 31, 2021, no letter of credit was outstanding.
(3) | Under the Truist Credit Facility, the Company may borrow in U.S. dollars or certain other permitted currencies. As of December 31, 2022, the Company had borrowings denominated in Euros (EUR) of 238. As of December 31, 2021, the Company did not have any borrowings denominated in Euros (EUR) or other permitted currencies.
(4) | The carrying value of the Company’s 2027 Notes and 2025 Notes were presented on the Consolidated Statements of Assets and Liabilities net of unamortized debt issuance costs of $4,622 and $3,277, and unamortized original issuance discount of $881 and $—, respectively.

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