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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues [Abstract]        
Total interest income $ 55,424 $ 40,784 $ 107,314 $ 72,854
Total dividend income 10,250 7,246 18,124 14,939
Total fee and other income 4,301 5,072 7,601 6,268
Total payment-in-kind interest income 5,122 2,474 9,064 5,273
Total investment income 75,302 55,592 142,506 99,350
Operating expenses:        
Interest and other financing fees 20,811 13,168 40,127 24,829
Base management fee (Note 2) 8,134 7,381 15,987 13,253
Incentive management fees (Note 2) 10,086 0 19,691 4,754
General and administrative expenses (Note 2) 2,447 3,269 5,183 5,727
Total operating expenses 41,478 23,818 80,988 48,563
Net investment income before taxes 33,824 31,774 61,518 50,787
Income taxes, including excise tax expense 200 0 395 6
Net investment income after taxes 33,624 31,774 61,123 50,781
Net realized gains (losses):        
Net realized gains (losses) on investments (46,218) (7,514) (45,446) (7,663)
Foreign currency transactions (2,320) (2,709) (12,837) (4,002)
Net realized gains (losses) (48,538) (10,223) (58,283) (11,665)
Net unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) on investments 53,658 (61,813) 64,667 (62,760)
Credit support agreements 1,978 (13,361) 7,564 (13,760)
Foreign currency transactions (577) 30,520 4,798 35,332
Net unrealized appreciation (depreciation) 55,059 (44,654) 77,029 (41,188)
Net realized gains (losses) and unrealized appreciation (depreciation) on investments, credit support agreements and foreign currency transactions 6,521 (54,877) 18,746 (52,853)
Benefit from (provision for) income taxes (28) (1,890) (101) (1,890)
Net increase (decrease) in net assets resulting from operations $ 40,117 $ (24,993) $ 79,768 $ (3,962)
Net investment income per share—basic (in dollars per share) $ 0.31 $ 0.29 $ 0.57 $ 0.52
Net investment income per share—diluted (in dollars per share) 0.31 0.29 0.57 0.52
Net increase (decrease) in net assets resulting from operations per share—basic and diluted (in dollars per share) 0.37 (0.23) 0.74 (0.04)
Dividends/distributions per share:        
Total dividends/distributions per share, declared (in dollars per share) 0.25 0.24 0.50 0.47
Total dividends/distributions per share, paid (in dollars per share) $ 0.25 $ 0.24 $ 0.50 $ 0.47
Weighted average shares outstanding—basic (in shares) 107,381,276 110,759,443 107,647,243 96,785,517
Weighted average shares outstanding—diluted (in shares) 107,381,276 110,759,443 107,647,243 96,785,517
Cash        
Revenues [Abstract]        
Interest income from cash $ 205 $ 16 $ 403 $ 16
Non-Control / Non-Affiliate investments        
Revenues [Abstract]        
Total interest income 54,561 40,010 105,729 71,634
Total dividend income 831 63 1,658 186
Total fee and other income 4,232 4,924 7,314 7,147
Total payment-in-kind interest income 4,782 2,070 8,317 4,358
Net realized gains (losses):        
Net realized gains (losses) on investments (46,218) (6,701) (45,446) (6,951)
Net unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) on investments 45,334 (65,428) 52,771 (94,016)
Affiliate investments        
Revenues [Abstract]        
Total interest income 459 411 839 584
Total dividend income 9,419 7,183 16,466 14,753
Total fee and other income 37 26 204 39
Total payment-in-kind interest income 48 93 251 137
Net realized gains (losses):        
Net realized gains (losses) on investments 0 0 0 101
Net unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) on investments 2,722 (13,435) 13,563 (440)
Control investments        
Revenues [Abstract]        
Total interest income 404 363 746 636
Total fee and other income 32 122 83 (918)
Total payment-in-kind interest income 292 311 496 778
Net realized gains (losses):        
Net realized gains (losses) on investments 0 (813) 0 (813)
Net unrealized appreciation (depreciation):        
Net unrealized appreciation (depreciation) on investments $ 5,602 $ 17,050 $ (1,667) $ 31,696