Quarterly report pursuant to Section 13 or 15(d)

DEBT - Schedule of MSCC Funding Balance Sheet (Details)

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DEBT - Schedule of MSCC Funding Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
ASSETS            
Investments at fair value: $ 4,737,511 [1]   $ 4,286,271 [2]      
Investment, cost 4,114,074 [3]   3,725,960 [4]      
Cash and cash equivalents 30,472   60,083      
Interest and dividend receivable and other assets 116,003   89,337      
Receivable for securities sold 63,615   0      
Deferred financing costs (net of accumulated amortization of $1,272 and $783 as of June 30, 2024 and December 31, 2023, respectively) 9,734   7,879      
Deferred financing costs, accumulated amortization 13,370   12,329      
Total assets 4,957,335   4,443,570      
LIABILITIES            
SPV Facility 2,198,068   1,802,344      
Accounts payable and other liabilities to affiliates 51,143   62,576      
Interest payable 25,823   17,025      
Total liabilities 2,378,379   1,966,171      
NET ASSETS            
Contributed capital 2,337,879   2,270,549      
Total undistributed earnings 240,212   206,002      
Total net assets 2,578,956 $ 2,515,970 2,477,399 $ 2,254,948 $ 2,172,922 $ 2,108,586
Total liabilities and net assets 4,957,335   4,443,570      
MSCC Funding I, LLC            
ASSETS            
Cash and cash equivalents 6,618   12,817      
Interest and dividend receivable and other assets 2,734   2,956      
Receivable for securities sold 124   0      
Deferred financing costs (net of accumulated amortization of $1,272 and $783 as of June 30, 2024 and December 31, 2023, respectively) 3,340   3,829      
Deferred financing costs, accumulated amortization 1,272   783      
Total assets 348,708   336,994      
LIABILITIES            
SPV Facility 160,000   160,000      
Accounts payable and other liabilities to affiliates 0   7,170      
Interest payable 1,195   1,135      
Total liabilities 161,195   168,305      
NET ASSETS            
Contributed capital 142,619   138,163      
Total undistributed earnings 44,894   30,526      
Total net assets 187,513   168,689      
Total liabilities and net assets 348,708   336,994      
Non‑Control/Non‑Affiliate investments            
ASSETS            
Investments at fair value: 1,909,318 [1],[5]   1,664,571 [2],[6]      
Investment, cost 1,949,642 [3],[5]   1,714,935 [4],[6]      
Non‑Control/Non‑Affiliate investments | MSCC Funding I, LLC            
ASSETS            
Investments at fair value: 335,892   317,392      
Investment, cost $ 335,118   $ 315,373      
[1] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C—Fair Value Hierarchy for Investments—Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.
[2] Investment fair value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.
[3] Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan.
[4] Principal is net of repayments. Cost is net of repayments and accumulated unearned income. Negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan.
[5] Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments.
[6] Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments.