v3.25.2
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2025
Sep. 30, 2024
ASSETS    
Investments at fair value $ 2,809,377 $ 3,021,279
Cash and cash equivalents 79,799 63,966
Restricted cash 0 14,577
Interest, dividends and fees receivable 23,330 38,804
Due from portfolio companies 297 12,530
Receivables from unsettled transactions 10,969 17,548
Due from broker 15,550 17,060
Deferred financing costs 10,234 11,677
Deferred offering costs 161 125
Derivative assets at fair value 7,910  
Other assets 6,585 775
Total assets 2,964,212 3,198,341
Liabilities:    
Accounts payable, accrued expenses and other liabilities 891 3,492
Base management fee and incentive fee payable 7,600 15,500
Due to affiliate 2,381 4,088
Interest payable 12,246 16,231
Payables from unsettled transactions 0 15,666
Derivative liabilities at fair value 16,802 16,843
Deferred tax liability 269 0
Credit facilities payable 510,000 710,000
Unsecured notes payable (net of $7,097 and $4,935 of unamortized financing costs as of June 30, 2025 and September 30, 2024, respectively) 937,551 928,693
Total liabilities 1,487,743 1,710,530
Commitments and contingencies (Note 13)
Net assets:    
Common stock, $0.01 par value per share, 250,000 shares authorized; 88,086 and 82,245 shares issued and outstanding as of June 30, 2025 and September 30, 2024, respectively 881 822
Additional paid-in-capital 2,367,337 2,264,449
Accumulated overdistributed earnings (891,749) (777,460)
Total net assets (equivalent to $16.76 and $18.09 per common share as of June 30, 2025 and September 30, 2024, respectively) (Note 11) 1,476,469 1,487,811
Total liabilities and net assets 2,964,212 3,198,341
Control investments    
ASSETS    
Investments at fair value [1],[2] 230,697 289,404
Affiliate investments    
ASSETS    
Investments at fair value 55,978 35,677
Non-control/Non-affiliate investments    
ASSETS    
Investments at fair value $ 2,522,702 [3] $ 2,696,198
[1] As defined in the Investment Company Act, the Company is deemed to be both an "Affiliated Person" of and to "Control" these portfolio companies as the Company owns more than 25% of the portfolio company's outstanding voting securities or has the power to exercise control over management or policies of such portfolio company (including through a management agreement). See Schedule 12-14 in the accompanying notes to the Consolidated Financial Statements for transactions during the nine months ended June 30, 2025 in which the issuer was both an Affiliated Person and a portfolio company that the Company is deemed to control.
[2] Control Investments generally are defined by the Investment Company Act of 1940, as amended (the "Investment Company Act"), as investments in companies in which the Company owns more than 25% of the voting securities or maintains greater than 50% of the board representation.
[3] Non-Control/Non-Affiliate Investments are investments that are neither Control Investments nor Affiliate Investments.