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Fee Income
3 Months Ended
Mar. 31, 2025
Fee Income [Abstract]  
Fee Income Fee Income
Fee income consists of amendment fees, capital structuring and other fees, conversion fees, commitment fees and administrative agent fees. The following table summarizes the Company’s fee income for the three months ended March 31, 2025 and 2024 and the year ended December 31, 2024:
Three Months Ended
March 31,
Year Ended
December 31,
202520242024
Amendment fees$3,483 $236 $5,679 
Capital structuring and other fees500 1,799 10,253 
Commitment fees— 1,760 1,760 
Conversion fees— 78 78 
Administrative agent fees— — 125 
Total(1)$3,983 $3,873 $17,895 
(1)A portion of our fee income is derived from non-controlled, affiliated investments and controlled investments. Refer to notes r. and s. to the consolidated schedules of investments as of March 31, 2025 and December 31, 2024 for further details on the sources of our fee income.
Administrative agent fees are recurring income as long as the Company remains the administrative agent for the related investment. Income from all other fees was non-recurring.