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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Investment income:    
Total interest income $ 54,533 $ 51,890
Total dividend income 8,477 7,874
Total fee and other income 3,474 3,300
Total payment-in-kind interest income 3,124 3,942
Total investment income 69,807 67,204
Operating expenses:    
Interest and other financing fees 21,082 19,316
Base management fee (Note 2) 8,279 7,853
Incentive management fees (Note 2) 8,167 9,604
General and administrative expenses (Note 2) 2,676 2,736
Total operating expenses 40,204 39,509
Net investment income before taxes 29,603 27,695
Income taxes, including excise tax expense 250 195
Net investment income after taxes 29,353 27,500
Net realized gains (losses):    
Net realized gains (losses) on investments (12,608) 771
Foreign currency transactions 241 3,701
Forward currency contracts (9,086) (14,218)
Net realized gains (losses) (21,453) (9,746)
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 23,102 11,009
Credit support agreements (6,350) 5,586
Foreign currency transactions 3,516 (8,127)
Forward currency contracts 15,833 13,502
Net unrealized appreciation (depreciation) 36,101 21,970
Net realized gains (losses) and unrealized appreciation (depreciation) on investments, credit support agreements, foreign currency transactions and forward currency contracts 14,648 12,224
Benefit from (provision for) income taxes 0 (73)
Net increase (decrease) in net assets resulting from operations $ 44,001 $ 39,651
Net investment income per share—basic (in dollars per share) $ 0.28 $ 0.25
Net investment income per share—diluted (in dollars per share) 0.28 0.25
Net increase (decrease) in net assets resulting from operations per share—basic and diluted (in dollars per share) 0.41 0.37
Dividends/distributions per share:    
Total dividends/distributions per share, declared (in dollars per share) 0.26 0.25
Total dividends/distributions per share, paid (in dollars per share) $ 0.26 $ 0.25
Weighted average shares outstanding—basic (in shares) 106,038,873 107,916,166
Weighted average shares outstanding—diluted (in shares) 106,038,873 107,916,166
Cash    
Investment income:    
Interest income from cash $ 199 $ 198
Non-Control / Non-Affiliate investments    
Investment income:    
Total interest income 53,190 51,168
Total dividend income 1,322 826
Total fee and other income 3,388 3,082
Total payment-in-kind interest income 2,482 3,535
Net realized gains (losses):    
Net realized gains (losses) on investments (12,608) 771
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 8,502 7,437
Affiliate investments    
Investment income:    
Total interest income 957 380
Total dividend income 7,155 7,048
Total fee and other income 69 167
Total payment-in-kind interest income 251 203
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments 2,795 10,841
Control investments    
Investment income:    
Total interest income 386 342
Total fee and other income 17 51
Total payment-in-kind interest income 391 204
Net unrealized appreciation (depreciation):    
Net unrealized appreciation (depreciation) on investments $ 11,805 $ (7,269)