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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of Investment Company, Change In Net Assets
During the years ended December 31, 2024, 2023 and 2022, the Company reclassified for book purposes amounts arising from permanent book/tax differences primarily related to differences in the tax basis and book basis of investments sold, merger adjustments and non-deductible excise taxes paid during the year as follows:
 December 31,
 ($ in thousands)202420232022(1)
Additional paid-in capital$(1,039)$13,252 $288,888 
Total distributable earnings (loss)1,039 (13,252)(288,888)
(1) 2022 reclassification is primarily attributable to the Sierra Merger.
Schedule of Investment Company, Distribution To Shareholders
For income tax purposes, distributions paid to stockholders are reported as ordinary income, long-term capital gains, return of capital or a combination thereof. The tax character of distributions paid for the years ended December 31, 2024, 2023 and 2022 was as follows:
Year Ended December 31,
($ in thousands)202420232022
Ordinary income$110,052 $108,997 $93,726 
Distributions on a tax basis$110,052 $108,997 $93,726 
Schedule of Investment Company, Components Of Distributable Earnings (Accumulated Losses)
At December 31, 2024, 2023 and 2022, the components of distributable earnings on a tax basis detailed below differ from the amounts reflected in the Company’s Consolidated Balance Sheets by temporary and other book/tax differences, primarily relating to accruals of defaulted debt investment interest and the tax treatment of certain partnership investments, as follows:
 December 31,
 ($ in thousands)202420232022
Undistributed net investment income$94,078 $44,655 $22,110 
Accumulated capital losses(702,514)(666,300)(582,153)
Other permanent differences relating to the Company’s formation1,975 1,975 1,975 
Other temporary differences271 204 136 
Unrealized appreciation (depreciation)(50,538)(38,538)(105,822)
Components of distributable earnings at year end$(656,728)$(658,004)$(663,754)