Fair Value of Financial Instruments - Summarized Financial Information For SLF (Details) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

ASSETS

Investments, at fair value (amortized cost of $929,435 and $923,304, respectively)

$ 2,816,386

^[1]

$ 2,816,386

^[1]

$ 2,875,144

^[2]

Total assets

2,958,863

2,979,878

Amortized cost

2,885,795

^[1]

2,885,795

^[1]

2,927,131

^[2]

LIABILITIES

Total liabilities

1,266,099

1,314,421

Deferred financing costs

12,634

9,665

MEMBERS' CAPITAL

Total members' capital

1,692,764

$ 1,621,422

1,692,764

$ 1,621,422

$ 1,681,535

$ 1,681,439

1,665,457

$ 1,564,703

$ 1,498,382

$ 1,509,492

Total liabilities and net assets

2,958,863

2,979,878

Investment income

Total investment income

89,932

69,949

263,439

197,142

Operating expenses

Interest and credit facility financing expenses

21,935

15,642

63,563

41,319

Total expenses

48,188

37,041

140,010

103,981

Net investment income

40,839

30,944

121,217

88,466

Realized and unrealized gain (loss)

Net realized and unrealized gain (loss) on investments and extinguishment of debt

(1,697)

(8,259)

(19,447)

(18,807)

FBLC Senior Loan Fund, LLC

ASSETS

Investments, at fair value (amortized cost of $929,435 and $923,304, respectively)

892,451

855,705

Cash and other assets

96,577

109,966

Total assets

989,028

965,671

Amortized cost

929,435

923,304

LIABILITIES

Revolving credit facilities (net of deferred financing costs of $1,612 and $1,483, respectively)

516,388

549,067

Secured borrowings

55,983

60,899

Other liabilities

46,926

20,264

Total liabilities

619,297

630,230

Deferred financing costs

1,612

1,483

MEMBERS' CAPITAL

Total members' capital

369,731

335,441

Total liabilities and net assets

989,028

$ 965,671

Investment income

Total investment income

24,518

18,531

71,397

48,707

Operating expenses

Interest and credit facility financing expenses

10,914

7,522

31,149

14,800

Other expenses

827

618

1,974

1,960

Total expenses

11,741

8,140

33,123

16,760

Net investment income

12,777

10,391

38,274

31,947

Realized and unrealized gain (loss)

Net realized and unrealized gain (loss) on investments and extinguishment of debt

13,107

(7,450)

21,831

(77,283)

Net increase (decrease) in members' capital resulting from operations

$ 25,884

$ 2,941

$ 60,105

$ (45,336)

[1]	Percentages are based on net assets as of September 30, 2023.
[2]	Percentages are based on net assets as of December 31, 2022.

Franklin BSP Lending Corp 10-Q