Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES

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CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Total investments at fair value $ 2,963,955 $ 2,434,522
Cash and cash equivalents 15,797 133,115
Restricted cash (amounts related to a VIE $8,346 and $0, respectively) 10,079 3,150
Interest receivable 31,682 17,365
Right of use asset 4,986 6,761
Other assets 2,356 5,100
Total assets 3,028,855 2,600,013
Liabilities    
Debt (net of debt issuance costs - Note 5; amounts related to a VIE $147,810 and $0, respectively) 1,574,351 1,236,303
Accounts payable and accrued liabilities 47,539 47,781
Operating lease liability 5,506 7,382
Total liabilities 1,627,396 1,291,466
Net assets consist of:    
Common stock, par value 134 117
Capital in excess of par value 1,341,416 1,091,907
Total distributable earnings 59,909 216,523
Total net assets (1,401,459) (1,308,547)
Total liabilities and net assets $ 3,028,855 $ 2,600,013
Common stock, shares outstanding 133,045 116,619
Net asset value per share [1] $ 10.53 $ 11.22
Investment, Unaffiliated Issuer [Member]    
Assets    
Total investments at fair value $ 2,887,497 $ 2,351,560
Investment, Affiliated Issuer, Controlled [Member]    
Assets    
Total investments at fair value 76,458 [2] 73,504 [3]
Investment, Affiliated Issuer, Noncontrolled [Member]    
Assets    
Total investments at fair value $ 0 $ 9,458 [3]
[1] All per share activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date.
[2] All of the Company’s control and affiliate investments are Level 3 investments valued using significant unobservable inputs.
[3] All of the Company’s control and affiliate investments are Level 3 investments valued using significant unobservable inputs.