Investments - Schedule of Financial Information for OBDC SLF (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||||||||||||||||||||||||||||||
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Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Mar. 31, 2024 |
Dec. 31, 2023 |
Mar. 31, 2023 |
Dec. 31, 2022 |
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Assets | |||||||||||||||||||||||||||||||||
Amortized Cost | $ 13,314,048 | [1],[2],[3],[4],[5] | $ 13,314,048 | [1],[2],[3],[4],[5] | $ 12,632,202 | [6],[7],[8],[9],[10],[11] | |||||||||||||||||||||||||||
Investments at fair value | 13,341,982 | [3],[4],[5] | 13,341,982 | [3],[4],[5] | 12,713,348 | [6],[9],[10],[11] | |||||||||||||||||||||||||||
Interest receivable | 109,300 | 109,300 | 112,260 | ||||||||||||||||||||||||||||||
Prepaid expenses and other assets | 5,000 | 5,000 | 3,152 | ||||||||||||||||||||||||||||||
Total Assets | 13,866,620 | 13,866,620 | 13,511,396 | ||||||||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||
Unamortized debt issuance costs | 84,433 | 84,433 | 81,492 | ||||||||||||||||||||||||||||||
Debt | 7,414,920 | 7,414,920 | 7,077,088 | ||||||||||||||||||||||||||||||
Distributions payable | 144,380 | 144,380 | 136,407 | ||||||||||||||||||||||||||||||
Payable for investments purchased | 9,130 | 9,130 | 0 | ||||||||||||||||||||||||||||||
Accrued expenses and other liabilities | 208,469 | 208,469 | 182,745 | ||||||||||||||||||||||||||||||
Total Liabilities | 7,872,336 | 7,872,336 | 7,490,003 | ||||||||||||||||||||||||||||||
Members' Equity | |||||||||||||||||||||||||||||||||
Members' Equity | 5,994,284 | $ 5,948,964 | 5,994,284 | $ 5,948,964 | $ 6,028,530 | 6,021,393 | $ 5,917,370 | $ 5,882,403 | |||||||||||||||||||||||||
Total Liabilities and Net Assets | 13,866,620 | 13,866,620 | 13,511,396 | ||||||||||||||||||||||||||||||
Investment Income | |||||||||||||||||||||||||||||||||
Total Investment Income | 396,760 | 394,223 | 796,337 | 771,845 | |||||||||||||||||||||||||||||
Expenses | |||||||||||||||||||||||||||||||||
Interest expense | 109,125 | 110,017 | 228,254 | 213,972 | |||||||||||||||||||||||||||||
Professional fees | 4,113 | 4,131 | 7,709 | 7,804 | |||||||||||||||||||||||||||||
Total Operating Expenses | 205,216 | 205,167 | 416,788 | 401,544 | |||||||||||||||||||||||||||||
Net Investment Income (Loss) Before Taxes | 191,544 | 189,056 | 379,549 | 370,301 | |||||||||||||||||||||||||||||
Tax expense (benefit) | 2,410 | 2,380 | 7,650 | 5,765 | |||||||||||||||||||||||||||||
Net Investment Income (Loss) After Taxes | 189,134 | 186,676 | 371,899 | 364,536 | |||||||||||||||||||||||||||||
Net Realized and Change in Unrealized Gain (Loss) on Investments | |||||||||||||||||||||||||||||||||
Net change in unrealized gain (loss) on investments | (59,897) | 8,937 | (53,252) | 85,542 | |||||||||||||||||||||||||||||
Net realized gain on investments | (7,017) | (51) | (13,910) | (52,673) | |||||||||||||||||||||||||||||
Total Net Realized and Change in Unrealized Gain (Loss) | (66,914) | 8,886 | (67,162) | 32,869 | |||||||||||||||||||||||||||||
Net Increase (Decrease) in Net Assets Resulting from Operations | 122,220 | 195,562 | 304,737 | 397,405 | |||||||||||||||||||||||||||||
OBDC Senior Loan Fund | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Amortized Cost | 1,150,663 | 1,150,663 | 1,101,110 | ||||||||||||||||||||||||||||||
Investments at fair value | 1,133,222 | 1,133,222 | 1,087,898 | ||||||||||||||||||||||||||||||
Cash | 62,763 | 62,763 | 37,617 | ||||||||||||||||||||||||||||||
Interest receivable | 8,149 | 8,149 | 7,734 | ||||||||||||||||||||||||||||||
Prepaid expenses and other assets | 32,223 | 32,223 | 6,992 | ||||||||||||||||||||||||||||||
Total Assets | 1,236,357 | 1,236,357 | 1,140,241 | ||||||||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||
Unamortized debt issuance costs | 4,260 | 4,260 | 4,930 | ||||||||||||||||||||||||||||||
Debt | 696,289 | 696,289 | 721,953 | ||||||||||||||||||||||||||||||
Distributions payable | 16,387 | 16,387 | 14,832 | ||||||||||||||||||||||||||||||
Payable for investments purchased | 74,871 | 74,871 | 0 | ||||||||||||||||||||||||||||||
Accrued expenses and other liabilities | 10,885 | 10,885 | 11,701 | ||||||||||||||||||||||||||||||
Total Liabilities | 798,432 | 798,432 | 748,486 | ||||||||||||||||||||||||||||||
Members' Equity | |||||||||||||||||||||||||||||||||
Members' Equity | 437,925 | 437,925 | 391,755 | ||||||||||||||||||||||||||||||
Total Liabilities and Net Assets | 1,236,357 | 1,236,357 | $ 1,140,241 | ||||||||||||||||||||||||||||||
Investment Income | |||||||||||||||||||||||||||||||||
Interest income | 29,390 | 26,866 | 61,198 | 50,509 | |||||||||||||||||||||||||||||
Other income | 931 | 66 | 1,031 | 130 | |||||||||||||||||||||||||||||
Total Investment Income | 30,321 | 26,932 | 62,229 | 50,639 | |||||||||||||||||||||||||||||
Expenses | |||||||||||||||||||||||||||||||||
Interest expense | 13,429 | 12,737 | 27,356 | 24,056 | |||||||||||||||||||||||||||||
Professional fees | 275 | 246 | 489 | 488 | |||||||||||||||||||||||||||||
Total Operating Expenses | 13,704 | 12,983 | 27,845 | 24,544 | |||||||||||||||||||||||||||||
Net Investment Income (Loss) Before Taxes | 16,617 | 13,949 | 34,384 | 26,095 | |||||||||||||||||||||||||||||
Tax expense (benefit) | 110 | 482 | 284 | 1,191 | |||||||||||||||||||||||||||||
Net Investment Income (Loss) After Taxes | 16,507 | 13,467 | 34,100 | 24,904 | |||||||||||||||||||||||||||||
Net Realized and Change in Unrealized Gain (Loss) on Investments | |||||||||||||||||||||||||||||||||
Net change in unrealized gain (loss) on investments | (3,699) | 1,903 | (4,229) | 10,578 | |||||||||||||||||||||||||||||
Net realized gain on investments | 8 | (1,668) | (564) | (1,645) | |||||||||||||||||||||||||||||
Total Net Realized and Change in Unrealized Gain (Loss) | (3,691) | 235 | (4,793) | 8,933 | |||||||||||||||||||||||||||||
Net Increase (Decrease) in Net Assets Resulting from Operations | $ 12,816 | $ 13,702 | $ 29,307 | $ 33,837 | |||||||||||||||||||||||||||||
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of distribution payable to ownership interest holder from investment income and return of capital. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expenses related to the generation of investment income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after expense and tax, of investment income classified as operating. Excludes realized and unrealized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of tax expense (benefit) on investment income classified as operating. Excludes realized and unrealized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Cost of the investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of payable for purchase of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets. No definition available.
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after tax, of realized and unrealized gain (loss) on investment and derivative, classified as operating, and foreign currency transaction. Investment includes, but is not limited to, debt and equity securities, security sold short, real estate, and commodity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of realized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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