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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Investment income:      
Total interest income $ 219,789 $ 161,488 $ 102,439
Total dividend income 36,917 30,204 8,879
Total fee and other income 13,401 14,923 13,020
Total payment-in-kind interest income 18,128 12,122 10,996
Total investment income 289,201 219,129 135,335
Operating expenses:      
Interest and other financing fees 84,711 56,865 33,014
Base management fee (Note 2) 32,649 29,501 19,517
Incentive management fees (Note 2) 32,046 6,579 14,742
General and administrative expenses (Note 2) 9,984 9,917 9,095
Total operating expenses 159,390 102,862 76,368
Net investment income before taxes 129,811 116,267 58,967
Income taxes, including excise tax expense 2,007 611 7
Net investment income after taxes 127,804 115,656 58,960
Net realized gains (losses):      
Net realized gains (losses) on investments (59,533) (17,201) 2,646
Distributions of realized gains by controlled investment companies 0 6,181 0
Foreign currency transactions 4,160 (1,259) (5,647)
Forward currency contracts (7,377) 25,140 (378)
Net realized gains (losses) (62,750) 12,861 (3,379)
Net unrealized appreciation (depreciation):      
Net unrealized appreciation (depreciation) on investments 67,394 (124,189) 3,029
Foreign currency transactions (13,389) 22,812 17,014
Net unrealized appreciation (depreciation) 62,624 (123,041) 22,105
Net realized gains (losses) and unrealized appreciation (depreciation) on investments, credit support agreements, foreign currency transactions and forward currency contracts (126) (110,180) 18,726
Benefit from (provision for) taxes 321 (795) (1)
Net increase (decrease) in net assets resulting from operations $ 127,999 $ 4,681 $ 77,685
Net investment income per share—basic (in dollars per share) $ 1.19 $ 1.12 $ 0.90
Net investment income per share—diluted (in dollars per share) 1.19 1.12 0.90
Net increase (decrease) in net assets resulting from operations per share—basic and diluted (in dollars per share) 1.20 0.05 1.19
Dividends / distributions per share:      
Total dividends/distributions per share (in dollars per share) 1.02 0.95 0.82
Total dividends/distributions per share (in dollars per share) $ 1.02 $ 0.95 $ 0.82
Weighted average number of shares outstanding—basic (in shares) 107,040,677 102,911,986 65,316,085
Weighted average number of shares outstanding—diluted (in shares) 107,040,677 102,911,986 65,316,085
Forward Contracts      
Net realized gains (losses):      
Forward currency contracts $ (7,377) $ 25,140 $ (378)
Net unrealized appreciation (depreciation):      
Credit support agreements 3,905 (14,950) 262
Credit Support Agreement      
Net unrealized appreciation (depreciation):      
Credit support agreements 4,714 (6,714) 1,800
Cash      
Investment income:      
Interest income from cash 966 392 1
Short-term investments      
Investment income:      
Total interest income 0 0 17
Non-Control / Non-Affiliate investments      
Investment income:      
Total dividend income 3,983 2,122 170
Total fee and other income 12,951 15,606 12,337
Total payment-in-kind interest income 15,280 10,280 9,952
Net realized gains (losses):      
Net realized gains (losses) on investments (59,469) (16,580) 2,747
Net unrealized appreciation (depreciation):      
Net unrealized appreciation (depreciation) on investments 83,134 (132,771) (11,087)
Non-Control / Non-Affiliate investments | Long-Term Investment      
Investment income:      
Total interest income 216,326 158,927 101,468
Affiliate investments      
Investment income:      
Total dividend income 32,934 28,082 8,709
Total fee and other income 337 141 40
Total payment-in-kind interest income 936 564 1,044
Net realized gains (losses):      
Net realized gains (losses) on investments (64) 101 (101)
Net unrealized appreciation (depreciation):      
Net unrealized appreciation (depreciation) on investments 7,260 (916) 17,585
Affiliate investments | Long-Term Investment      
Investment income:      
Total interest income 2,175 1,218 519
Control investments      
Investment income:      
Total fee and other income 113 (824) 643
Total payment-in-kind interest income 1,912 1,278 0
Net realized gains (losses):      
Net realized gains (losses) on investments 0 (722) 0
Net unrealized appreciation (depreciation):      
Net unrealized appreciation (depreciation) on investments (23,000) 9,498 (3,469)
Control investments | Long-Term Investment      
Investment income:      
Total interest income $ 1,288 $ 1,343 $ 435