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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Investment Income:        
Interest income $ 90,977 $ 60,798 $ 259,267 $ 151,976
Payment-in-kind interest income 1,141 506 2,204 1,055
Dividend income 564 439 1,564 980
Other income 1,769 976 3,949 3,006
Total investment income 94,451 62,719 266,984 157,017
Expenses:        
Interest expense and other financing expenses 29,686 18,601 84,260 42,731
Management fees 7,754 6,865 22,503 19,583
Income based incentive fees 10,727 7,173 30,246 18,517
Capital gains incentive fees 0 0 0 (2,441)
Professional fees 1,296 923 3,385 2,323
Directors' fees 85 87 253 262
Administrative service fees 27 54 141 124
General and other expenses 118 351 483 828
Total expenses 49,693 34,054 141,271 81,927
Expense support   0   39
Management fees waiver (5,816) (5,149) (16,878) (14,687)
Net expenses 43,877 28,905 124,393 67,279
Net investment income (loss) 50,574 33,814 142,591 89,738
Net realized and unrealized gain (loss) on investment transactions:        
Net realized gain (loss) on non-controlled/non-affiliated investments 5 18 127 556
Net change in unrealized appreciation (depreciation) on non-controlled/non-affiliated investments 22,829 (24,390) 30,909 (61,869)
Net realized and unrealized gain (loss) 22,834 (24,372) 31,036 (61,313)
Net increase (decrease) in net assets resulting from operations $ 73,408 $ 9,442 $ 173,627 $ 28,425
Per share information-basic and diluted        
Net investment income (loss) per share (in dollars per share) $ 0.70 $ 0.53 $ 2.00 $ 1.49
Earnings (loss) per share - basic (in dollars per share) 1.02 0.15 2.43 0.47
Earnings (loss) per share - diluted (in dollars per share) $ 1.02 $ 0.15 $ 2.43 $ 0.47
Weighted average shares outstanding - basic (Note 9) (in shares) 71,874,113 64,102,092 71,361,910 60,169,337
Weighted average shares outstanding - diluted (Note 9) (in shares) 71,874,113 64,102,092 71,361,910 60,169,337