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Joint Venture - Schedule of Balance Sheet Information (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: $ 1,840,584 [1] $ 1,888,688 [2]
Cash and other assets 3,931 7,670
Interest and fees receivable on investments 31,192 45,140
Total assets 1,883,944 1,945,728
Senior secured notes (net of unamortized debt issuance costs of $29 and $47, respectively) 1,078,522 1,099,187
Total liabilities 1,111,438 1,124,918
Total liabilities and shareholders' equity 1,883,944 1,945,728
Investments, cost 1,910,155 [3] 1,943,693 [4]
Deferred financing costs, net 13,822 18,156
CION/EagleTree    
Condensed Balance Sheet Statements, Captions [Line Items]    
Investments, at fair value: 59,909 59,866
Cash and other assets 29 0
Dividend receivable on investments 309 342
Interest and fees receivable on investments 136 194
Total assets 60,383 60,402
Senior secured notes (net of unamortized debt issuance costs of $29 and $47, respectively) 38,973 38,956
Other liabilities 114 152
Total liabilities 39,087 39,108
Members' capital 21,296 21,294
Total liabilities and shareholders' equity 60,383 60,402
Investments, cost 57,749 60,756
Deferred financing costs, net $ 29 $ 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.