Fair Value - Unobservable Inputs (Details) $ in Thousands |
Jun. 30, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 3,179,465
|
[1] |
$ 3,221,247
|
[2] |
| First lien |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
1,703,788
|
|
1,753,967
|
|
| Second lien |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
563,333
|
|
561,207
|
|
| Subordinated |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
84,683
|
|
76,659
|
|
| Equity and other |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
827,661
|
|
829,414
|
|
| Level III |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
3,095,531
|
|
3,136,291
|
|
| Level III | First lien |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
1,693,215
|
|
1,753,967
|
|
| Level III | First lien | Market & income approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 1,664,201
|
|
$ 1,663,116
|
|
| Level III | First lien | Market & income approach | EBITDA multiple | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
1.9
|
|
4.8
|
|
| Level III | First lien | Market & income approach | EBITDA multiple | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
38.0
|
|
38.0
|
|
| Level III | First lien | Market & income approach | EBITDA multiple | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
14.7
|
|
15.3
|
|
| Level III | First lien | Market & income approach | Revenue multiple | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
4.0
|
|
5.0
|
|
| Level III | First lien | Market & income approach | Revenue multiple | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
19.5
|
|
19.5
|
|
| Level III | First lien | Market & income approach | Revenue multiple | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
8.3
|
|
9.5
|
|
| Level III | First lien | Market & income approach | Discount rate | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.086
|
|
0.083
|
|
| Level III | First lien | Market & income approach | Discount rate | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.576
|
|
0.294
|
|
| Level III | First lien | Market & income approach | Discount rate | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.120
|
|
0.111
|
|
| Level III | First lien | Other |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 29,014
|
|
$ 90,851
|
|
| Level III | Second lien |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
495,695
|
|
480,068
|
|
| Level III | Second lien | Market & income approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 490,688
|
|
$ 471,350
|
|
| Level III | Second lien | Market & income approach | EBITDA multiple | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
7.0
|
|
8.2
|
|
| Level III | Second lien | Market & income approach | EBITDA multiple | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
22.0
|
|
32.0
|
|
| Level III | Second lien | Market & income approach | EBITDA multiple | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
14.6
|
|
15.2
|
|
| Level III | Second lien | Market & income approach | Discount rate | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.118
|
|
0.112
|
|
| Level III | Second lien | Market & income approach | Discount rate | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.303
|
|
0.471
|
|
| Level III | Second lien | Market & income approach | Discount rate | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.139
|
|
0.137
|
|
| Level III | Second lien | Other |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 5,007
|
|
$ 8,718
|
|
| Level III | Subordinated |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
78,960
|
|
72,842
|
|
| Level III | Subordinated | Market & income approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 78,960
|
|
$ 72,842
|
|
| Level III | Subordinated | Market & income approach | EBITDA multiple | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
9.0
|
|
8.0
|
|
| Level III | Subordinated | Market & income approach | EBITDA multiple | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
32.5
|
|
23.5
|
|
| Level III | Subordinated | Market & income approach | EBITDA multiple | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
16.1
|
|
16.3
|
|
| Level III | Subordinated | Market & income approach | Discount rate | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.127
|
|
0.135
|
|
| Level III | Subordinated | Market & income approach | Discount rate | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.317
|
|
0.297
|
|
| Level III | Subordinated | Market & income approach | Discount rate | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.179
|
|
0.170
|
|
| Level III | Equity and other |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 827,661
|
|
$ 829,414
|
|
| Level III | Equity and other | Market & income approach |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 816,716
|
|
$ 793,468
|
|
| Level III | Equity and other | Market & income approach | EBITDA multiple | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
6.0
|
|
4.8
|
|
| Level III | Equity and other | Market & income approach | EBITDA multiple | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
26.5
|
|
26.5
|
|
| Level III | Equity and other | Market & income approach | EBITDA multiple | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
12.3
|
|
13.0
|
|
| Level III | Equity and other | Market & income approach | Revenue multiple | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
4.0
|
|
10.5
|
|
| Level III | Equity and other | Market & income approach | Revenue multiple | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
19.5
|
|
19.5
|
|
| Level III | Equity and other | Market & income approach | Revenue multiple | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
8.8
|
|
14.6
|
|
| Level III | Equity and other | Market & income approach | Discount rate | Low |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.064
|
|
0.064
|
|
| Level III | Equity and other | Market & income approach | Discount rate | High |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.456
|
|
0.440
|
|
| Level III | Equity and other | Market & income approach | Discount rate | Weighted Average |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Measurement Input |
0.125
|
|
0.130
|
|
| Level III | Equity and other | Other |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Fair Value |
$ 10,945
|
|
$ 35,946
|
|
|
|