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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Operating activities:      
Net increase (decrease) in net assets resulting from operations $ 6,445 $ (31,045) $ 95,314
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Net accretion of discount on investments (11,665) (4,342) (13,506)
Proceeds from principal repayment of investments 190,574 57,462 287,480
Purchase of investments (111,636) (23,048) (350,203)
Paid-in-kind interest and dividends capitalized (9,531) (6,562) (31,739)
Increase in short term investments, net (16,691) (55,457) (102,577)
Proceeds from sale of investments 17,047 8,812 12,771
Net realized loss on investments 9,736 4,525 31,927
Net change in unrealized depreciation (appreciation) on investments 16,412 56,378 (22,219)
Amortization of debt issuance costs 1,254 895 4,073
(Increase) decrease in interest receivable on investments (455) (1,897) (16,372)
(Increase) decrease in dividends receivable on investments 0 1,275 1,275
(Increase) decrease in receivable due on investments sold and repaid (10,485) (2,223) 49
(Increase) decrease in prepaid expenses and other assets 211 (3,727) (523)
Increase (decrease) in payable for investments purchased 16,349 0 4,692
Increase (decrease) in accounts payable and accrued expenses (293) 63 24
Increase (decrease) in interest payable (1,675) (813) 2,411
Increase (decrease) in accrued management fees (29) (248) (31)
Increase (decrease) in accrued administrative services expense (1,514) (1,009) 453
Increase (decrease) in subordinated incentive fee on income payable 2,299 1,269 (450)
Net cash provided by (used in) operating activities 96,353 308 (97,151)
Financing activities:      
Repurchase of common stock (4,670) (3,592) (11,518)
Shareholders' distributions paid (29,116) (33,618) (91,961)
Repayments under financing arrangements (22,500) (27,500) (102,500)
Borrowings under financing arrangements 0 80,712 237,344
Debt issuance costs paid 0 (3,033) (8,538)
Net cash (used in) provided by financing activities (56,286) 12,969 22,827
Net increase (decrease) in cash 40,067 13,277 (74,324)
Cash, beginning of period 8,415 82,739 82,739
Cash, end of period 48,482 96,016 8,415
Supplemental disclosure of cash flow information:      
Cash paid for interest 24,703 19,214 79,032
Supplemental non-cash operating activities:      
Restructuring of portfolio investment 31,043 45,986 118,256
Cash interest receivable exchanged for additional securities $ 1,631 $ 912 $ 4,661