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v3.22.2.2

Fair Value Measures and Disclosures - Changes in Level 3 Portfolio Investments Rollforward (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Total |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | $ 1,760,395 | $ 1,660,894 | $ 1,632,922 | $ 1,468,282
Investments purchased | 193,554 | 171,094 | 516,295 | 590,309
Accretion of discount | 4,191 | 3,360 | 9,165 | 9,265
Sales and principal repayments | (200,034) | (226,383) | (370,619) | (499,388)
Ending balance | 1,759,742 | 1,614,136 | 1,759,742 | 1,614,136
Change in net unrealized (depreciation) appreciation on investments still held | (8,075) | 9,358 | (39,778) | 35,475
Total | Debt and Equity Securities, Realized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | (17,166) | 19,729 | (17,055) | 19,120
Total | Debt and Equity Securities, Unrealized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | 18,802 | (14,558) | (10,966) | 26,548
Senior Secured First Lien Debt |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 1,660,828 | 1,407,224 | 1,526,989 | 1,223,268
Investments purchased | 142,620 | 167,208 | 460,119 | 580,641
Accretion of discount | 4,170 | 3,185 | 8,705 | 8,742
Sales and principal repayments | (199,103) | (147,549) | (353,141) | (400,843)
Ending balance | 1,616,352 | 1,428,556 | 1,616,352 | 1,428,556
Change in net unrealized (depreciation) appreciation on investments still held | (7,793) | (430) | (43,281) | 14,459
Senior Secured First Lien Debt | Debt and Equity Securities, Realized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | 10,452 | 563 | 10,345 | (851)
Senior Secured First Lien Debt | Debt and Equity Securities, Unrealized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | (2,615) | (2,075) | (36,665) | 17,599
Senior Secured Second Lien Debt |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 27,086 | 141,710 | 38,583 | 151,506
Investments purchased | 18,109 | 244 | 19,945 | 1,885
Accretion of discount | 17 | 171 | 449 | 512
Sales and principal repayments | (536) | (42,784) | (15,536) | (55,615)
Ending balance | 38,716 | 99,499 | 38,716 | 99,499
Change in net unrealized (depreciation) appreciation on investments still held | (3) | 140 | 798 | (880)
Senior Secured Second Lien Debt | Debt and Equity Securities, Realized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | (19,339) | 619 | (19,325) | 619
Senior Secured Second Lien Debt | Debt and Equity Securities, Unrealized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | 13,379 | (461) | 14,600 | 592
Collateralized Securities and Structured Products - Equity |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 1,602 | 14,095 | 2,998 | 12,131
Investments purchased | 0 | 0 | 0 | 0
Accretion of discount | 0 | 0 | 0 | 0
Sales and principal repayments | (132) | (900) | (1,176) | (1,718)
Ending balance | 1,366 | 13,012 | 1,366 | 13,012
Change in net unrealized (depreciation) appreciation on investments still held | (128) | (536) | (480) | 1,962
Collateralized Securities and Structured Products - Equity | Debt and Equity Securities, Realized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | 24 | (309) | 24 | (309)
Collateralized Securities and Structured Products - Equity | Debt and Equity Securities, Unrealized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | (128) | 126 | (480) | 2,908
Unsecured debt |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 27,994 | 5,508 | 26,616 | 5,464
Investments purchased | 677 | 0 | 1,950 | 0
Accretion of discount | 4 | 4 | 11 | 11
Sales and principal repayments | 0 | 0 | 0 | 0
Ending balance | 28,319 | 5,551 | 28,319 | 5,551
Change in net unrealized (depreciation) appreciation on investments still held | (356) | 39 | (257) | 76
Unsecured debt | Debt and Equity Securities, Realized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | 0 | 0 | 0 | 0
Unsecured debt | Debt and Equity Securities, Unrealized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | (356) | 39 | (258) | 76
Equity |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 42,885 | 92,357 | 37,736 | 75,913
Investments purchased | 32,148 | 3,642 | 34,281 | 7,783
Accretion of discount | 0 | 0 | 0 | 0
Sales and principal repayments | (263) | (35,150) | (766) | (41,212)
Ending balance | 74,989 | 67,518 | 74,989 | 67,518
Change in net unrealized (depreciation) appreciation on investments still held | 205 | 10,145 | 3,442 | 19,858
Equity | Debt and Equity Securities, Realized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | (8,303) | 18,856 | (8,099) | 19,661
Equity | Debt and Equity Securities, Unrealized Gain (Loss) |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses included in earnings | $ 8,522 | $ (12,187) | $ 11,837 | $ 5,373

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