Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Tax Differences Primarily Related to Non-Deductible Excise Taxes Paid

For the years ended December 31, 2023, 2022, and 2021, the Company reclassified for book purposes amounts arising from permanent book/tax differences primarily related to non-deductible excise taxes paid as follows (in thousands):

	Years Ended December 31,
	2023			2022			2021
Additional paid-in capital	$	(664	)	$	(290	)	$	—
Accumulated undistributed earnings		664			290			—

Summary of Tax Character of Distributions Paid

The tax character of distributions paid for the years ended December 31, 2023, 2022, and 2021 was as follows (in thousands):

	Years Ended December 31,
	2023		2022		2021
Ordinary income	$	73,322	$	51,593	$	44,943
Long-term capital gain		—		—		—
Return of capital		—		—		—

Tax Cost Basis and Estimated Aggregate Gross Unrealized Gain (Loss) on Investments for Federal Income Tax Purposes

The following table sets forth the tax cost basis and the estimated aggregate gross unrealized gain (loss) on investments for federal income tax purposes as of and for the years ended December 31, 2023, 2022 and 2021 (in thousands):

	Years Ended December 31,
	2023			2022			2021
Tax cost of investments	$	1,105,481		$	1,149,902		$	726,969
Unrealized gain on a tax basis	$	11,239		$	9,207		$	23,598
Unrealized loss on a tax basis		(49,711	)		(32,800	)		(21,050	)
Net unrealized gain (loss) on a tax basis	$	(38,472	)	$	(23,593	)	$	2,548

Summary of Components of Distributable Earnings on a Tax Basis

At December 31, 2023, 2022 and 2021, the components of distributable earnings on a tax basis detailed below differ from the amounts reflected in the Company’s Consolidated Statements of Assets and Liabilities by temporary and other book/tax differences, primarily relating to the tax treatment of debt modifications, as follows (in thousands):

	Years Ended December 31,
	2023			2022			2021
Undistributed ordinary income	$	17,726		$	10,473		$	329
Undistributed capital gains		—			—			—
Capital loss carry forwards		(26,726	)		(6,011	)		(2,931	)
Late year losses		—			—			—
Other accumulated losses		(165	)		(189	)		(213	)
Net unrealized gain (loss) on a tax basis		(38,472	)		(23,593	)		2,548
Accumulated earnings/(deficit) on a tax basis	$	(47,637	)	$	(19,320	)	$	(267	)