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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows provided by/(used in) operating activities:      
Net increase/(decrease) in net assets resulting from operations $ 115,596 $ 76,893 $ (30,375)
Adjustments to reconcile net increase/(decrease) in net assets resulting from operation to net cash provided by/(used in) operating activities:      
Purchase of investments, net of deferred fees (1,218,931) (632,754) (627,211)
Proceeds from sales and paydowns of investments 807,866 471,926 336,554
Net change in unrealized (appreciation)/depreciation from investments (9,481) (15,063) 134,814
Net realized (gain)/loss from investments 9,730 28,071 (32,853)
Accretion of original issue discounts and end of term payments on investments (39,574) (32,953) (32,220)
Amortization of deferred financing costs 5,395 4,281 3,796
Stock-based compensation 10,543 8,799 6,062
Change in operating assets and liabilities      
(Increase)/Decrease in interest receivable (5,336) (1,256) (4,420)
(Increase)/Decrease in other assets 2,195 (6,380) 674
Increase/(Decrease) in security deposits (3,815) (2,813) 4,260
Increase/(Decrease) in accounts payable, accrued expenses and other liabilities 8,903 4,989 5,177
Net cash provided by/(used in) operating activities (316,909) (96,260) (235,742)
Cash flows provided by/(used in) investing activities:      
Disposal/(Acquisition) of fixed assets (420) (2,744) (194)
Net cash provided by/(used in) investing activities (420) (2,744) (194)
Cash flows provided by/(used in) financing activities      
Issuance of common stock, net of issuance costs 200,231 150,279 113,141
Stock repurchase and cancellation of shares, net of costs   (1,003) (2,006)
Retirement of employee shares (3,726) (2,821) (1,028)
Cash distributions paid (102,532) (78,802) (61,155)
Issuance of debt, net of issuance costs 358,222   54,354
Repayment of debt (30,000)    
Borrowings under Credit Facilities 829,400 420,000 326,000
Repayments under Credit Facilities (929,400) (394,500) (229,500)
Net cash provided by/(used in) financing activities 322,195 93,153 199,806
Net increase/(decrease) in cash, cash equivalents and restricted cash 4,866 (5,851) (36,130)
Cash, cash equivalents and restricted cash at beginning of period 4,761 10,612 46,742
Cash, cash equivalents and restricted cash at end of period 9,627 4,761 10,612
Supplemental and non-cash investing and financing activities:      
Cash paid for interest 54,539 39,884 29,051
Income tax, including excise tax, paid 2,600 2,304 283
Non-cash settlement of investments   21  
Accrued but unpaid distributions 31,451 23,162 21,326
Distributions reinvested $ 1,279 $ 2,194 $ 2,982