Fair Value - Level III Rollforward (Details) - USD ($)
$ in Thousands |
3 Months Ended |
Mar. 31, 2023 |
Mar. 31, 2022 |
| Total |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Beginning balance |
$ 3,136,291
|
$ 2,843,456
|
| Purchases, including capitalized PIK and revolver fundings |
130,933
|
172,371
|
| Proceeds from sales and paydowns of investments |
(90,638)
|
(101,580)
|
| Transfers into Level III |
|
151,175
|
| Transfers out of Level III |
|
(27,441)
|
| Ending balance |
3,184,377
|
3,046,993
|
| Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: |
(6,956)
|
(10,267)
|
| Total | Net realized gains (losses) on investments |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
708
|
19,164
|
| Total | Net change in unrealized appreciation (depreciation) |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
7,083
|
(10,152)
|
| First lien |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Beginning balance |
1,753,967
|
1,635,143
|
| Purchases, including capitalized PIK and revolver fundings |
117,905
|
155,395
|
| Proceeds from sales and paydowns of investments |
(71,263)
|
(53,073)
|
| Transfers into Level III |
|
0
|
| Transfers out of Level III |
|
(27,441)
|
| Ending balance |
1,798,746
|
1,711,500
|
| Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: |
(2,055)
|
1,438
|
| First lien | Net realized gains (losses) on investments |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
(13,956)
|
(77)
|
| First lien | Net change in unrealized appreciation (depreciation) |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
12,093
|
1,553
|
| Second lien |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Beginning balance |
480,068
|
319,120
|
| Purchases, including capitalized PIK and revolver fundings |
945
|
7,351
|
| Proceeds from sales and paydowns of investments |
0
|
(14,500)
|
| Transfers into Level III |
|
151,175
|
| Transfers out of Level III |
|
0
|
| Ending balance |
480,398
|
446,914
|
| Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: |
4,096
|
(16,232)
|
| Second lien | Net realized gains (losses) on investments |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
(4,711)
|
0
|
| Second lien | Net change in unrealized appreciation (depreciation) |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
4,096
|
(16,232)
|
| Subordinated |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Beginning balance |
72,842
|
50,742
|
| Purchases, including capitalized PIK and revolver fundings |
1,769
|
5,533
|
| Proceeds from sales and paydowns of investments |
0
|
0
|
| Transfers into Level III |
|
0
|
| Transfers out of Level III |
|
0
|
| Ending balance |
74,348
|
54,867
|
| Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: |
(156)
|
(1,408)
|
| Subordinated | Net realized gains (losses) on investments |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
0
|
0
|
| Subordinated | Net change in unrealized appreciation (depreciation) |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
(263)
|
(1,408)
|
| Equity and other |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Beginning balance |
829,414
|
838,451
|
| Purchases, including capitalized PIK and revolver fundings |
10,314
|
4,092
|
| Proceeds from sales and paydowns of investments |
(19,375)
|
(34,007)
|
| Transfers into Level III |
|
0
|
| Transfers out of Level III |
|
0
|
| Ending balance |
830,885
|
833,712
|
| Unrealized appreciation (depreciation) for the period relating to those Level III assets that were still held by the Company at the end of the period: |
(8,841)
|
5,935
|
| Equity and other | Net realized gains (losses) on investments |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
19,375
|
19,241
|
| Equity and other | Net change in unrealized appreciation (depreciation) |
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
| Total gains or losses included in earnings |
$ (8,843)
|
$ 5,935
|