XML 60 R36.htm IDEA: XBRL DOCUMENT

Agreements (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Management Fees and Incentive Fees

The following table summarizes the management fees and incentive fees incurred by the Company for the years ended December 31, 2024, December 31, 2023 and December 31, 2022.


	Year Ended December 31,
	2024		2023		2022
Management fee	$	45,522	$	45,610	$	46,617
Less: management fee waiver	(3,739)		(4,117)		(4,402)
Total management fee	41,783		41,493		42,215
Incentive fee, excluding accrued capital gains incentive fees	$	36,385	$	38,303	$	29,901


Accrued capital gains incentive fees(1)	$	—	$	—	$	—

(1)As of December 31, 2024, December 31, 2023 and December 31, 2022, no actual capital gains incentive fee was owed under the Investment Management Agreement by the Company, as cumulative net realized capital gains did not exceed cumulative unrealized capital depreciation.