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Consolidated Statements of Cashflows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net increase in net assets from operations: $ 28,063 $ 40,158
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by (used for) operating activities:    
Purchases of Investments (43,021) (129,103)
Payment-in-kind interest capitalized (8,310) (5,470)
Proceeds from sales of investments and principal repayments 30,455 135,719
Net realized (gain) loss 36,261 2,664
Net change in unrealized appreciation (depreciation) on investments (18,215) 8,155
Net change in unrealized appreciation (depreciation) on foreign currency forward contracts and transactions 30 (113)
Amortization of premium and accretion of discount, net (5,856) (10,226)
Amortization of deferred financing and debt issuance costs 1,536 1,612
Amortization of original issue discount on convertible notes   118
Change in operating assets and liabilities:    
Increase (decrease) in receivable for investments sold (421) (146)
(Increase) decrease in interest and dividends receivable 1,984 2,557
(Increase) decrease in other assets (601) 320
Increase (decrease) in interest and other debt expenses payable (7,483) (5,489)
Increase (decrease) in management fees payable (142) 447
Increase (decrease) in incentive fees payable 20,316 (115)
Increase (decrease) in directors’ fees payable   201
Increase (decrease) in accrued expenses and other liabilities (2,322) (1,963)
Net cash provided by (used for) operating activities 32,274 39,326
Cash flows from financing activities:    
Proceeds from issuance of common stock (net of underwriting costs) 98,085  
Offering costs paid (28)  
Distributions paid (44,593) (44,577)
Deferred financing and debt issuance costs paid (115)  
Borrowings on debt 68,937 131,811
Repayments of debt (147,000) (129,000)
Net cash provided by (used for) financing activities (24,714) (41,766)
Net increase (decrease) in cash 7,560 (2,440)
Effect of foreign exchange rate changes on cash and cash equivalents 11 89
Cash, beginning of period 39,602 33,764
Cash, end of period 47,173 31,413
Supplemental and non-cash activities    
Interest expense paid 32,729 18,442
Accrued but unpaid excise tax expense 1,076 (190)
Accrued but unpaid distributions 49,258 45,848
Reinvestment of stockholder distributions $ 1,690 1,241
Exchange of investments   $ 18,660