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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Operating activities:          
Net increase (decrease) in net assets resulting from operations $ 27,316 $ 22,378 $ (15,389) $ 28,823 $ 33,902
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 (2,413) (1,633) (4,209) (13,298) (16,773)
Proceeds from principal repayment of investments 85,929 76,954 121,974 267,528 443,595
Purchase of investments (39,024) (147,529) (103,919) (259,165) (464,054)
Paid-in-kind interest and dividends capitalized (10,489) (10,178) (22,542) (19,709) (44,540)
(Increase) decrease in short term investments, net (4,697) 46,975 10,145 30,284 44,628
Proceeds from sale of investments 2,071 8 15,456 17,055 42,868
Net realized loss on investments 32,376 20,277 30,082 30,013 28,313
Net change in unrealized (appreciation) depreciation on investments (42,770) (19,692) 21,481 (3,280) 33,645
Amortization of debt issuance costs 1,864 1,255 3,663 2,509 5,593
(Increase) decrease in interest receivable on investments (4,334) (4,945) (4,514) (5,400) (10,516)
(Increase) decrease in dividends receivable on investments 0 (129) 0 (129) 0
(Increase) decrease in receivable due on investments sold and repaid (2,361) 8,821 (443) (1,664) (1,998)
(Increase) decrease in prepaid expenses and other assets 67 195 299 406 83
Increase (decrease) in payable for investments purchased (1,892) (9,252) (1,015) 7,097 (3,673)
Increase (decrease) in accounts payable and accrued expenses 188 288 144 (5) (2)
Increase (decrease) in interest payable 1,391 1,058 (378) (617) (1,987)
Increase (decrease) in accrued management fees (128) (23) (264) (52) (132)
Increase (decrease) in accrued administrative services expense 719 486 (743) (1,028) (150)
Increase (decrease) in subordinated incentive fee on income payable (495) (2,043) (375) 256 (651)
Increase (decrease) in share repurchase payable 134 0 94 0 40
Net cash provided by (used in) operating activities 43,452 (16,729) 49,547 79,624 88,191
Financing activities:          
Repurchase of common stock (6,556) (2,671) (8,728) (7,341) (11,347)
Shareholders' distributions paid (38,083) (19,284) (40,746) (48,400) (89,482)
Repayments under financing arrangements 0 0 (20,000) (22,500) (277,500)
Borrowings under financing arrangements 0 0 20,000 0 302,500
Debt issuance costs paid 0 0 (1,210) 0 (13,107)
Net cash used in financing activities (44,639) (21,955) (50,684) (78,241) (88,936)
Net (decrease) increase in cash and restricted cash (1,187) (38,684) (1,137) 1,383 (745)
Cash, beginning of period 7,720 48,482 7,670 8,415 8,415
Cash, end of period 6,533 9,798 6,533 9,798 7,670
Supplemental disclosure of cash flow information:          
Cash paid for interest 19,380 21,433 42,348 46,136 93,312
Supplemental non-cash operating activities:          
Restructuring of portfolio investment 30,200 9,899 47,080 40,942 92,673
Cash interest receivable exchanged for additional securities $ 0 $ 0 $ 4,266 $ 1,631 $ 2,971