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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net increase in net assets resulting from operations $ 95,314 $ 50,141 $ 118,764
Adjustments to reconcile net increase in net assets resulting from operations to net cash (used in) provided by operating activities:      
Net accretion of discount on investments (13,506) (11,032) (11,738)
Proceeds from principal repayment of investments 287,480 407,174 568,907
Purchase of investments (350,203) (550,538) (920,039)
Paid-in-kind interest and dividends capitalized (31,739) (31,446) (21,734)
(Increase) decrease in short term investments, net (102,577) 77,048 (14,319)
Proceeds from sale of investments 12,771 62,586 259,050
Net realized loss (gain) on investments 31,927 32,747 (843)
Net change in unrealized (appreciation) depreciation on investments (22,219) 5,314 (43,617)
Amortization of debt issuance costs 4,073 3,175 2,800
(Increase) decrease in interest receivable on investments (16,372) (2,821) (4,400)
(Increase) decrease in dividends receivable on investments 1,275 (1,275) 45
(Increase) decrease in receivable due on investments sold and repaid 49 1,838 3,339
(Increase) decrease in prepaid expenses and other assets (523) (359) 1,322
Increase (decrease) in payable for investments purchased 4,692 (11,327) 11,194
Increase (decrease) in accounts payable and accrued expenses 24 (910) 1,228
Increase (decrease) in interest payable 2,411 3,481 1,839
Increase (decrease) in accrued management fees (31) 251 (995)
Increase (decrease) in accrued administrative services expense 453 108 330
Increase (decrease) in subordinated incentive fee on income payable (450) 1,123 (381)
Net cash (used in) provided by operating activities (97,151) 35,278 (49,248)
Financing activities:      
Repurchase of common stock (11,518) (15,444) (10,467)
Shareholders' distributions paid (91,961) (66,644) (56,041)
Repayments under financing arrangements (102,500) 0 (171,000)
Borrowings under financing arrangements 237,344 127,500 276,000
Debt issuance costs paid (8,538) (1,725) (5,384)
Net cash provided by financing activities 22,827 43,687 33,108
Net (decrease) increase in cash and restricted cash (74,324) 78,965 (16,140)
Cash and restricted cash, beginning of year 82,739 3,774 19,914
Cash and restricted cash, end of year 8,415 82,739 3,774
Supplemental disclosure of cash flow information:      
Cash paid for interest 79,032 42,930 27,129
Supplemental non-cash operating and financing activities:      
Reinvestment of shareholders' distributions 0 0 15,489
Restructuring of portfolio investment 118,256 50,554 5,455
Cash interest receivable exchanged for additional securities $ 4,661 $ 0 $ 1,304