Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited)

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CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance (in shares) 182,695,000    
Beginning balance $ 2,216,053 $ 1,989,581 $ 1,989,581
Net increase (decrease) in net assets resulting from operations $ 42,502 $ 50,337  
Public offering, net of offering expenses (in shares) 3,500,000 2,000,000.0  
Public offering, net of offering expenses $ 52,036 $ 39,417  
Issuance of common stock under equity-based award plans 7 87  
Shares retired on vesting of equity-based awards $ (3,373) $ (3,556)  
Distributions reinvested in common stock (in shares) 153,423 121,743  
Distributions reinvested in common stock $ 2,318 $ 2,511  
Distributions (86,733) (81,384) $ (335,263)
Stock-based compensation $ 4,185 [1] 3,637 [2]  
Ending balance (in shares) 187,174,000   182,695,000
Ending balance $ 2,226,995 $ 2,000,630 $ 2,216,053
Common Stock      
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance (in shares) 182,695,000 170,575,000 170,575,000
Beginning balance $ 183 $ 171 $ 171
Public offering, net of offering expenses (in shares) 3,541,000 2,000,000  
Public offering, net of offering expenses $ 3 $ 2  
Issuance of common stock under equity-based award plans (in shares) 992,000 789,000  
Issuance of common stock under equity-based award plans $ 1 $ 1  
Shares retired on vesting of equity-based awards (in shares) (207,000) (201,000)  
Distributions reinvested in common stock (in shares) 153,000 122,000  
Distributions $ (85,885) $ (80,616)  
Ending balance (in shares) 187,174,000 173,285,000 182,695,000
Ending balance $ 187 $ 174 $ 183
Capital in excess of par value      
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance 2,114,719 1,900,490 1,900,490
Public offering, net of offering expenses 52,033 39,415  
Issuance of common stock under equity-based award plans 6 86  
Shares retired on vesting of equity-based awards (3,373) (3,556)  
Distributions reinvested in common stock 2,318 2,511  
Stock-based compensation 4,185 [1] 3,637 [2]  
Ending balance 2,169,888 1,942,583 2,114,719
Distributable Earnings (loss)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]      
Beginning balance 101,151 88,920 88,920
Net increase (decrease) in net assets resulting from operations 42,502 50,337  
Distributions (86,733) (81,384)  
Ending balance $ 56,920 $ 57,873 $ 101,151
[1] Stock-based compensation includes $35 thousand of restricted stock and option expense related to director compensation for the three months ended March 31, 2026.
[2] Stock-based compensation includes $35 thousand of restricted stock and option expense related to director compensation for the three months ended March 31, 2025.