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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Investments, at fair value: $ 1,806,229 [1] $ 1,954,270 [2]
Cash 29,765 8,415
Interest and fees receivable on investments 49,446 36,724
Dividends receivable 76 0
Receivable due on investments sold and repaid 28,604 967
Prepaid expenses and other assets 1,501 1,348
Total assets 1,915,621 2,001,724
Liabilities    
Financing arrangements (net of unamortized debt issuance costs of $14,925 and $10,643, respectively) 1,054,919 1,081,701
Payable for investments purchased 0 4,692
Accounts payable and accrued expenses 1,316 1,036
Interest payable 7,201 10,231
Accrued management fees 6,854 6,893
Accrued subordinated incentive fee on income 4,586 4,615
Accrued administrative services expense 1,515 2,156
Shareholder distribution payable 0 10,837
Share repurchases payable 40 0
Total liabilities 1,076,431 1,122,161
Commitments and contingencies (Note 4 and Note 11)
Shareholders' Equity    
Common stock, $0.001 par value; 500,000,000 shares authorized; 53,760,605 and $54,184,636 shares issued and $$53,760,605 and $54,184,636 shares outstanding, respectively 53 54
Capital in excess of par value 1,023,687 1,033,030
Accumulated distributable losses (184,550) (153,521)
Total shareholders' equity 839,190 879,563
Total liabilities and shareholders' equity $ 1,915,621 $ 2,001,724
Net asset value per share of common stock at end of period (in dollars per share) $ 15.73 $ 16.23
Non-controlled, non-affiliated investments    
Assets    
Investments, at fair value: $ 1,381,177 $ 1,570,676
Non-controlled, affiliated investments    
Assets    
Investments, at fair value: 273,152 206,301
Controlled investments    
Assets    
Investments, at fair value: $ 151,900 $ 177,293
[1] Fair value determined in good faith by the Company’s board of directors (see Note 9), including via delegation to CIM as the Company’s valuation designee (see Note 2), using significant unobservable inputs unless otherwise noted.
[2] Fair value determined in good faith by the Company’s board of directors (see Note 9), including via delegation to CIM as the Company’s valuation designee (see Note 2), using significant unobservable inputs unless otherwise noted.