10-Q Filing

HERCULES CAPITAL, INC. CIK: 1280784 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-038010`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	htgc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 101 Cash Flow Statement 90

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Total investments, at fair value	`InvestmentOwnedAtFairValue`	$2.96B	USD	Point-in-time
Total investments, at fair value	`InvestmentOwnedAtFairValue`	$3.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.80M	USD	Point-in-time
Restricted cash (amounts related to a VIE $12,339 and $10,079, respectively)	`RestrictedCash`	$12.34M	USD	Point-in-time
Restricted cash (amounts related to a VIE $12,339 and $10,079, respectively)	`RestrictedCash`	$10.08M	USD	Point-in-time
Investment cost	`InvestmentOwnedAtCost`	$3.11B	USD	Point-in-time
Investment cost	`InvestmentOwnedAtCost`	$3.01B	USD	Point-in-time
Restricted cash (amounts related to a VIE $12,339 and $10,079, respectively)	`RestrictedCash`	$3.37M	USD	Point-in-time
Restricted cash (amounts related to a VIE $12,339 and $10,079, respectively)	`RestrictedCash`	$12.34M	USD	Point-in-time
Restricted cash (amounts related to a VIE $12,339 and $10,079, respectively)	`RestrictedCash`	$10.08M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$31.68M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$32.09M	USD	Point-in-time
Restricted cash (amounts related to a VIE $12,339 and $10,079, respectively)	`RestrictedCash`	$3.37M	USD	Point-in-time
Net of debt issuance costs	`OtherLongTermDebt`	$1.57B	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$4.99M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$3.78M	USD	Point-in-time
Net of debt issuance costs	`OtherLongTermDebt`	$1.59B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other assets	`OtherAssets`	$1.81M	USD	Point-in-time
Other assets	`OtherAssets`	$2.36M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$3.22B	USD	Point-in-time
Total assets	`Assets`	$3.03B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Debt (net of debt issuance costs - Note 5; amounts related to a VIE $148,251 and $147,957, respectively)	`OtherLongTermDebt`	$1.57B	USD	Point-in-time
Debt (net of debt issuance costs - Note 5; amounts related to a VIE $148,251 and $147,957, respectively)	`OtherLongTermDebt`	$1.59B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$47.54M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$46.50M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiability`	$3.89M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiability`	$5.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.64B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.63B	USD	Point-in-time
Common stock, par value	`CommonStockValue`	$145.00K	USD	Point-in-time
Common stock, par value	`CommonStockValue`	$134.00K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.47B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.34B	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$59.91M	USD	Point-in-time
Total distributable earnings	`RetainedEarningsAccumulatedDeficit`	$117.09M	USD	Point-in-time
Total net assets	`AssetsNet`	$-1.40B	USD	Point-in-time
Total net assets	`AssetsNet`	$-1.33B	USD	Point-in-time
Total net assets	`AssetsNet`	$-1.33B	USD	Point-in-time
Total net assets	`AssetsNet`	$-1.59B	USD	Point-in-time
Total net assets	`AssetsNet`	$-1.31B	USD	Point-in-time
Total net assets	`AssetsNet`	$-1.50B	USD	Point-in-time
Total liabilities and net assets	`LiabilitiesAndStockholdersEquity`	$3.22B	USD	Point-in-time
Total liabilities and net assets	`LiabilitiesAndStockholdersEquity`	$3.03B	USD	Point-in-time
Shares of common stock outstanding ($0.001 par value and 200,000 authorized)	`CommonStockSharesOutstanding`	144.64M	shares	Point-in-time
Shares of common stock outstanding ($0.001 par value and 200,000 authorized)	`CommonStockSharesOutstanding`	133.04M	shares	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$10.43	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$10.53	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$11.22	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$10.96	USD	Point-in-time

Income Statement 101 line items

Line Item	Tag	Value	Unit	Period
Total interest and dividend income	`InterestIncomeOperating`	$68.73M	USD	1 Quarter
Total interest and dividend income	`InterestIncomeOperating`	$208.88M	USD	2 Qtrs
Total interest and dividend income	`InterestIncomeOperating`	$130.98M	USD	2 Qtrs
Total interest and dividend income	`InterestIncomeOperating`	$108.99M	USD	1 Quarter
Fee Income	`FeeIncome`	$6.29M	USD	2 Qtrs
Fee Income	`FeeIncome`	$3.38M	USD	1 Quarter
Fee Income	`FeeIncome`	$7.25M	USD	1 Quarter
Fee Income	`FeeIncome`	$12.44M	USD	2 Qtrs
Gross Investment Income, Operating, Total	`GrossInvestmentIncomeOperating`	$221.32M	USD	2 Qtrs
Gross Investment Income, Operating, Total	`GrossInvestmentIncomeOperating`	$72.11M	USD	1 Quarter
Gross Investment Income, Operating, Total	`GrossInvestmentIncomeOperating`	$137.27M	USD	2 Qtrs
Gross Investment Income, Operating, Total	`GrossInvestmentIncomeOperating`	$116.23M	USD	1 Quarter
Interest	`InterestExpenseDebt`	$24.34M	USD	2 Qtrs
Interest	`InterestExpenseDebt`	$17.18M	USD	1 Quarter
Interest	`InterestExpenseDebt`	$12.70M	USD	1 Quarter
Interest	`InterestExpenseDebt`	$33.81M	USD	2 Qtrs
Loan fees	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$1.49M	USD	1 Quarter
Loan fees	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$2.46M	USD	1 Quarter
Loan fees	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$4.79M	USD	2 Qtrs
Loan fees	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$3.33M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.28M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.32M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.14M	USD	2 Qtrs
Investment Income, Operating, Tax Expense (Benefit)	`InvestmentIncomeOperatingTaxExpenseBenefit`	$2.53M	USD	2 Qtrs
Investment Income, Operating, Tax Expense (Benefit)	`InvestmentIncomeOperatingTaxExpenseBenefit`	$1.98M	USD	1 Quarter
Investment Income, Operating, Tax Expense (Benefit)	`InvestmentIncomeOperatingTaxExpenseBenefit`	$1.82M	USD	1 Quarter
Investment Income, Operating, Tax Expense (Benefit)	`InvestmentIncomeOperatingTaxExpenseBenefit`	$3.37M	USD	2 Qtrs
Total gross operating expenses	`OperatingExpenses`	$65.83M	USD	2 Qtrs
Total gross operating expenses	`OperatingExpenses`	$85.22M	USD	2 Qtrs
Total gross operating expenses	`OperatingExpenses`	$42.95M	USD	1 Quarter
Total gross operating expenses	`OperatingExpenses`	$35.05M	USD	1 Quarter
Expenses allocated to the Adviser Subsidiary	`ExpensesAllocatedToAdviserSubsidiary1`	$4.47M	USD	2 Qtrs
Expenses allocated to the Adviser Subsidiary	`ExpensesAllocatedToAdviserSubsidiary1`	$5.09M	USD	2 Qtrs
Expenses allocated to the Adviser Subsidiary	`ExpensesAllocatedToAdviserSubsidiary1`	$2.41M	USD	1 Quarter
Expenses allocated to the Adviser Subsidiary	`ExpensesAllocatedToAdviserSubsidiary1`	$3.07M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$12.84M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$27.46M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$11.06M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$19.39M	USD	2 Qtrs
Employee benefits and share-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$3.66M	USD	1 Quarter
Employee benefits and share-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$8.09M	USD	2 Qtrs
Employee benefits and share-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$3.33M	USD	1 Quarter
Employee benefits and share-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$6.51M	USD	2 Qtrs
Employee compensation	`EmployeeCompensation`	$33.97M	USD	2 Qtrs
Employee compensation	`EmployeeCompensation`	$27.47M	USD	2 Qtrs
Employee compensation	`EmployeeCompensation`	$16.17M	USD	1 Quarter
Employee compensation	`EmployeeCompensation`	$14.72M	USD	1 Quarter
Total net operating expenses	`OperatingExpensesNet`	$80.12M	USD	2 Qtrs
Total net operating expenses	`OperatingExpensesNet`	$40.53M	USD	1 Quarter
Total net operating expenses	`OperatingExpensesNet`	$61.35M	USD	2 Qtrs
Total net operating expenses	`OperatingExpensesNet`	$31.98M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$75.92M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$75.70M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$141.20M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$40.13M	USD	1 Quarter
Loss on debt extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.69M	USD	2 Qtrs
Loss on debt extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on debt extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Total net realized gain (loss)	`RealizedInvestmentGainsLosses`	$8.18M	USD	2 Qtrs
Total net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-2.13M	USD	1 Quarter
Total net realized gain (loss)	`RealizedInvestmentGainsLosses`	$217.00K	USD	1 Quarter
Total net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-4.51M	USD	2 Qtrs
Total net change in unrealized appreciation (depreciation)	`UnrealizedGainLossOnInvestments`	$-48.32M	USD	1 Quarter
Total net change in unrealized appreciation (depreciation)	`UnrealizedGainLossOnInvestments`	$-85.06M	USD	2 Qtrs
Total net change in unrealized appreciation (depreciation)	`UnrealizedGainLossOnInvestments`	$39.96M	USD	2 Qtrs
Total net change in unrealized appreciation (depreciation)	`UnrealizedGainLossOnInvestments`	$18.86M	USD	1 Quarter
Total net realized gain (loss) and net change in unrealized appreciation (depreciation)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$48.14M	USD	2 Qtrs
Total net realized gain (loss) and net change in unrealized appreciation (depreciation)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$19.07M	USD	1 Quarter
Total net realized gain (loss) and net change in unrealized appreciation (depreciation)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-50.45M	USD	1 Quarter
Total net realized gain (loss) and net change in unrealized appreciation (depreciation)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-89.57M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-10.32M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-13.65M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$94.78M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$189.34M	USD	2 Qtrs
Net investment income before investment gains and losses per common share: Basic	`InvestmentCompanyInvestmentIncomeLossPerShare`	$1.01	USD	2 Qtrs
Net investment income before investment gains and losses per common share: Basic	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.62	USD	2 Qtrs
Net investment income before investment gains and losses per common share: Basic	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.53	USD	1 Quarter
Net investment income before investment gains and losses per common share: Basic	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.32	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.12	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.35	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.34	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	138.34M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	121.29M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.39M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	124.25M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.29M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.59M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	124.25M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.08M	shares	1 Quarter
Basic	`InvestmentCompanyDistributionToShareholdersPerShare`	$0.94	USD	2 Qtrs
Basic	`InvestmentCompanyDistributionToShareholdersPerShare`	$1.97	USD	Annual
Basic	`InvestmentCompanyDistributionToShareholdersPerShare`	$0.47	USD	1 Quarter
Basic	`InvestmentCompanyDistributionToShareholdersPerShare`	$0.48	USD	1 Quarter
Basic	`InvestmentCompanyDistributionToShareholdersPerShare`	$0.96	USD	2 Qtrs

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Restricted stock and option expense related to director compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$36.00K	USD	1 Quarter
Restricted stock and option expense related to director compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$76.00K	USD	2 Qtrs
Restricted stock and option expense related to director compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$30.00K	USD	1 Quarter
Restricted stock and option expense related to director compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$50.00K	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.80M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.34M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$10.08M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.37M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash presented in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.68M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash presented in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.03M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash presented in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.88M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash presented in the Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.26M	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-10.32M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-13.65M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$94.78M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$189.34M	USD	2 Qtrs
Purchases of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$834.76M	USD	2 Qtrs
Purchases of investments	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$790.71M	USD	2 Qtrs
Fundings assigned to Adviser Funds	`FundingAssignedToAdviserFunds`	$-199.87M	USD	2 Qtrs
Fundings assigned to Adviser Funds	`FundingAssignedToAdviserFunds`	$-189.81M	USD	2 Qtrs
Net change in unrealized (appreciation) depreciation	`UnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionPriceChangeOperatingBeforeTax`	$39.96M	USD	2 Qtrs
Net change in unrealized (appreciation) depreciation	`UnrealizedGainLossInvestmentDerivativeAndForeignCurrencyTransactionPriceChangeOperatingBeforeTax`	$-85.06M	USD	2 Qtrs
Net realized (gain) loss	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$8.18M	USD	2 Qtrs
Net realized (gain) loss	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-828.00K	USD	2 Qtrs
Accretion of paid-in-kind principal	`InterestIncomeOperatingPaidInKind`	$11.35M	USD	2 Qtrs
Accretion of paid-in-kind principal	`InterestIncomeOperatingPaidInKind`	$9.94M	USD	2 Qtrs
Change in loan income, net of collections	`ChangeInLoanIncomeNetOfCollection`	$7.12M	USD	2 Qtrs
Change in loan income, net of collections	`ChangeInLoanIncomeNetOfCollection`	$12.42M	USD	2 Qtrs
Unearned fees related to unfunded commitments	`UnearnedFeesRelatedToUnfundedCommitments`	$-68.00K	USD	2 Qtrs
Unearned fees related to unfunded commitments	`UnearnedFeesRelatedToUnfundedCommitments`	$1.82M	USD	2 Qtrs
Realized loss on debt extinguishment	`NonCashRealizedLossExtinguishmentDebt`	-	USD	2 Qtrs
Realized loss on debt extinguishment	`NonCashRealizedLossExtinguishmentDebt`	$-364.00K	USD	2 Qtrs
Amortization of debt fees and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.57M	USD	2 Qtrs
Amortization of debt fees and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.47M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$110.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$108.00K	USD	2 Qtrs
Stock-based compensation and amortization of restricted stock grants (1)	`ShareBasedCompensation`	$5.85M	USD	2 Qtrs
Stock-based compensation and amortization of restricted stock grants (1)	`ShareBasedCompensation`	$5.84M	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$393.00K	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$4.77M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-482.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.55M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.57M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-12.63M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-306.71M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.77M	USD	2 Qtrs
Purchases of capital equipment	`PaymentsToAcquireProductiveAssets`	$74.00K	USD	2 Qtrs
Purchases of capital equipment	`PaymentsToAcquireProductiveAssets`	$379.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-379.00K	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$132.33M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$148.72M	USD	2 Qtrs
Offering expenses	`PaymentsOfStockIssuanceCosts`	$1.58M	USD	2 Qtrs
Offering expenses	`PaymentsOfStockIssuanceCosts`	$1.62M	USD	2 Qtrs
Retirement of employee shares, net	`PaymentsForRepurchaseOfCommonStock`	$11.61M	USD	2 Qtrs
Retirement of employee shares, net	`PaymentsForRepurchaseOfCommonStock`	$4.17M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividends`	$130.27M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividends`	$115.93M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$380.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$1.12B	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$368.00M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$854.37M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.08M	USD	2 Qtrs
Fees paid for credit facilities and debentures	`PaymentOfFeesForCreditFacilitiesAndDebentures`	$5.09M	USD	2 Qtrs
Fees paid for credit facilities and debentures	`PaymentOfFeesForCreditFacilitiesAndDebentures`	$1.60M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$289.20M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.23M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$48.16M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.59M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.88M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.26M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.88M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.26M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$33.66M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$3.63M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$9.82M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$22.64M	USD	2 Qtrs
Income tax, including excise tax, paid	`IncomeTaxesPaidNet`	$5.15M	USD	2 Qtrs
Income tax, including excise tax, paid	`IncomeTaxesPaidNet`	$400.00K	USD	1 Quarter
Income tax, including excise tax, paid	`IncomeTaxesPaidNet`	$200.00K	USD	1 Quarter
Income tax, including excise tax, paid	`IncomeTaxesPaidNet`	$7.28M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$1.95M	USD	2 Qtrs
Distributions reinvested	`DistributionsReinvested`	$1.88M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.