XML 57 R47.htm IDEA: XBRL DOCUMENT v3.25.0.1
Fair Value Measurements - Summary of Significant Unobservable Inputs by Valuation Technique to Determine Fair Value (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 454,481 $ 429,785
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Assets Assets
Level 3 | Enterprise Value Waterfall | EBITDA Multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity Fair Value $ 132,741  
Equity Investments, Warrants fair value $ 7,633  
Level 3 | Enterprise Value Waterfall | EBITDA Multiples | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range 3.5  
Equity investments, Warrants range 3.5  
Level 3 | Enterprise Value Waterfall | EBITDA Multiples | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range 30  
Equity investments, Warrants range 3.5  
Level 3 | Enterprise Value Waterfall | EBITDA Multiples | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range 11  
Equity investments, Warrants range 3.5  
Level 3 | Enterprise Value Waterfall | Revenue Multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity Fair Value $ 5,630  
Equity Investments, Warrants fair value $ 0  
Level 3 | Enterprise Value Waterfall | Revenue Multiples | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range 0.8  
Equity investments, Warrants range 4  
Level 3 | Enterprise Value Waterfall | Revenue Multiples | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range 9  
Equity investments, Warrants range 4  
Level 3 | Enterprise Value Waterfall | Revenue Multiples | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range 6.6  
Equity investments, Warrants range 4  
Level 3 | Enterprise Value | EBITDA Multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity Fair Value   $ 112,008
Equity Investments, Warrants fair value   $ 4,625
Level 3 | Enterprise Value | EBITDA Multiples | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range   4
Equity investments, Warrants range   6
Level 3 | Enterprise Value | EBITDA Multiples | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range   32.5
Equity investments, Warrants range   6
Level 3 | Enterprise Value | EBITDA Multiples | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range   9.5
Equity investments, Warrants range   6
Level 3 | Enterprise Value | Revenue Multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity Fair Value   $ 7,999
Equity Investments, Warrants fair value   $ 143
Level 3 | Enterprise Value | Revenue Multiples | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range   0.7
Equity investments, Warrants range   4.5
Level 3 | Enterprise Value | Revenue Multiples | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range   9.5
Equity investments, Warrants range   4.5
Level 3 | Enterprise Value | Revenue Multiples | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity Investments, Equity, Range   7.5
Equity investments, Warrants range   4.5
Level 3 | Subordinated Debt | Discounted Cash Flow | Weighted Average Cost of Capital    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 142,839 $ 134,965
Level 3 | Subordinated Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.104 0.103
Level 3 | Subordinated Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.20 0.164
Level 3 | Subordinated Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.132 0.134
Level 3 | Subordinated Debt | Enterprise Value | EBITDA Multiples    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments   $ 208
Level 3 | Subordinated Debt | Enterprise Value | EBITDA Multiples | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range   6
Level 3 | Subordinated Debt | Enterprise Value | EBITDA Multiples | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range   6
Level 3 | Subordinated Debt | Enterprise Value | EBITDA Multiples | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range   6
Level 3 | First Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 714,595 $ 573,140
Level 3 | First Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.078 0.094
Level 3 | First Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.262 0.234
Level 3 | First Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.145 0.156
Level 3 | First Lien Debt | Enterprise Value Waterfall | Asset Coverage    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 3,525  
Level 3 | First Lien Debt | Enterprise Value Waterfall | Asset Coverage | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 1  
Level 3 | First Lien Debt | Enterprise Value Waterfall | Asset Coverage | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 1  
Level 3 | First Lien Debt | Enterprise Value Waterfall | Asset Coverage | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 1  
Level 3 | Second Lien Debt | Discounted Cash Flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 9,600 $ 50,500
Level 3 | Second Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 79,106 $ 119,561
Level 3 | Second Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.134 0.127
Level 3 | Second Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.555 0.30
Level 3 | Second Lien Debt | Discounted Cash Flow | Weighted Average Cost of Capital | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.207 0.161
Level 3 | Second Lien Debt | Option Pricing | Volatility Of Credit    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments $ 4,437  
Level 3 | Second Lien Debt | Option Pricing | Volatility Of Credit | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.85  
Level 3 | Second Lien Debt | Option Pricing | Volatility Of Credit | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.85  
Level 3 | Second Lien Debt | Option Pricing | Volatility Of Credit | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range 0.85  
Level 3 | Second Lien Debt | Enterprise Value | Asset Coverage    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt investments   $ 5,000
Level 3 | Second Lien Debt | Enterprise Value | Asset Coverage | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range   1.3
Level 3 | Second Lien Debt | Enterprise Value | Asset Coverage | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range   1.3
Level 3 | Second Lien Debt | Enterprise Value | Asset Coverage | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Debt Investments, Range   1.3