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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets:    
Total investments at fair value $ 2,505,992 [1] $ 2,448,935 [2]
Cash 63,410 96,160
Foreign currencies (cost of $16,811 and $42,627 as of June 30, 2023 and December 31, 2022, respectively) 16,920 43,255
Interest and fees receivable 46,582 42,738
Prepaid expenses and other assets 1,576 1,079
Deferred financing fees 4,859 3,224
Receivable from unsettled transactions 27,780 19,972
Total assets 2,730,413 2,709,957
Liabilities:    
Accounts payable and accrued liabilities 1,856 971
Interest payable 8,193 7,635
Administrative fees payable 486 677
Base management fees payable 8,134 7,981
Incentive management fees payable 10,086 0
Payable from unsettled transactions 135 35,565
Borrowings under credit facilities 772,087 729,144
Notes payable (net of deferred financing fees) 719,790 718,978
Total liabilities 1,522,816 1,517,628
Commitments and contingencies (Note 7)
Net Assets:    
Common stock, $0.001 par value per share (150,000,000 shares authorized, 106,516,166 and 107,916,166 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively) 107 108
Additional paid-in capital 1,845,122 1,855,975
Total distributable earnings (loss) (637,632) (663,754)
Total net assets 1,207,597 1,192,329
Total liabilities and net assets $ 2,730,413 $ 2,709,957
Net asset value per share (in dollars per share) $ 11.34 $ 11.05
Credit Support Agreements    
Assets:    
Derivative asset $ 60,650 $ 53,086
Foreign Exchange Contract    
Assets:    
Derivative asset 2,644 1,508
Liabilities:    
Derivative liabilities 2,049 16,677
Non-Control / Non-Affiliate investments    
Assets:    
Total investments at fair value 2,053,044 [1] 2,052,614 [2]
Affiliate investments    
Assets:    
Total investments at fair value 345,990 [1] 289,993 [2]
Control investments    
Assets:    
Total investments at fair value $ 106,958 [1] $ 106,328 [2]
[1] All of the investment is or will be encumbered as security for the Company’s $1.1 billion senior secured credit facility with ING Capital LLC initially entered into in February 2019 (as amended, restated and otherwise modified from time to time, the “February 2019 Credit Facility”).
[2] All of the investment is or will be encumbered as security for the Company's $1.1 billion senior secured credit facility with ING Capital LLC initially entered into in the February 2019 Credit Facility.