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Joint Venture - Schedule of Balance Sheet Information (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: $ 1,845,660 [1] $ 1,888,688 [2]
Cash and other assets 7,720 7,670
Interest and fees receivable on investments 40,863 45,140
Total assets 1,896,323 1,945,728
Senior secured notes (net of unamortized debt issuance costs of $41 and $47, respectively) 1,099,776 1,099,187
Total liabilities 1,139,539 1,124,918
Total liabilities and shareholders' equity 1,896,323 1,945,728
Investments, cost 1,964,916 [3] 1,943,693 [4]
Deferred financing costs, net 17,568 18,156
CION/EagleTree    
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: 60,462 59,866
Cash and other assets 69 0
Dividend receivable on investments 316 342
Interest and fees receivable on investments 152 194
Total assets 60,999 60,402
Senior secured notes (net of unamortized debt issuance costs of $41 and $47, respectively) 38,962 38,956
Other liabilities 254 152
Total liabilities 39,216 39,108
Members' capital 21,783 21,294
Total liabilities and shareholders' equity 60,999 60,402
Investments, cost 60,062 60,756
Deferred financing costs, net $ 41 $ 47
[1] Fair value determined in good faith by the Company’s board of directors (see Note 9), including via delegation to CION Investment Management, LLC 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 CION Investment Management, LLC as the Company’s valuation designee (see Note 2), using significant unobservable inputs unless otherwise noted.
[3] Represents amortized cost for debt securities and cost for equity investments.
[4] Represents amortized cost for debt securities and cost for equity investments.