Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Changes in Net Assets

v3.25.1
Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance as of beginning of period (in shares) 88,398,713  
Balance as of beginning of period $ 2,797,838 $ 2,477,399
Public offering of common stock, net of offering costs 5,198 5,696
Share‑based compensation $ 4,842 4,103
Purchase of vested stock for employee payroll tax withholding   $ (14)
Dividend reinvestment (in shares) 156,749 186,985
Dividend reinvestment $ 9,087 $ 8,441
Amortization of directors’ deferred compensation 108 102
Net increase in net assets resulting from operations 116,082 107,147
Dividends to stockholders $ (93,022) (86,904)
Balance as of ending of period (in shares) 88,659,597  
Balance as of ending of period $ 2,840,133 $ 2,515,970
Common Stock    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance as of beginning of period (in shares) 88,400,391 84,833,002
Balance as of beginning of period $ 884 $ 848
Public offering of common stock, net of offering costs (in shares) 89,091 128,942
Public offering of common stock, net of offering costs $ 1 $ 1
Purchase of vested stock for employee payroll tax withholding (in shares)   (295)
Dividend reinvestment (in shares) 156,749 186,985
Dividend reinvestment $ 2 $ 2
Issuance of restricted stock, net of forfeited shares (in shares) 13,366 14,999
Balance as of ending of period (in shares) 88,659,597 85,163,633
Balance as of ending of period $ 887 $ 851
Additional Paid‑In Capital    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance as of beginning of period 2,394,492 2,270,549
Public offering of common stock, net of offering costs 5,197 5,695
Share‑based compensation 4,842 4,103
Purchase of vested stock for employee payroll tax withholding   (14)
Dividend reinvestment 9,085 8,439
Amortization of directors’ deferred compensation 108 102
Dividends to stockholders 190 168
Balance as of ending of period 2,413,914 2,289,042
Total Undistributed Earnings    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance as of beginning of period 402,462 206,002
Net increase in net assets resulting from operations 116,082 107,147
Dividends to stockholders (93,212) (87,072)
Balance as of ending of period $ 425,332 $ 226,077