good And Kipp. morning. Thanks,
stated, the compared of our quarter to for second $X.XX for the earnings the third per third XXXX XXXX, and of were Kipp share of as $X.XX quarter As quarter for $X.XX core XXXX.
by that QX, resulted as compared income larger a portfolio XXXX, QX, dividend from were primarily 'XX. to the QX of higher earnings versus Core stable driven increase XXXX, and interest versus
XXXX, losses for million other of reported to earnings the the quarter average or net and we $XX for X.X% and quarter. our core portfolio addition third of approximately In investments unrealized transactions totaling the modest realized on
of second and for per quarter quarter XXXX. the XXXX earnings of the GAAP the $X.XX $X.XX quarter Our XXXX for to compared third $X.XX, for share third were of
second fair weighted X.X% weighted average portfolio decreases at yield of at compared from and average producing billion investment on at increase from declined loans year June debt as quarter. at XX% XXXX, the XX, cost the prior LIBOR, XX, as XX. Also XX.X% The value, as in at income to reflect higher investments was $XX.X the from quarter. senior and amortized was of on a X.X% at as XX ago securities compared our lien quarter, prior September and the amortized yield X.X% a September first to other to cost total yields secured X% well concentration an of As of our September
equity $X.X X.X% billion resulting XX balance per value with net right was stockholders' in quarter at September sheet, the XX, a share to was of Moving December hand XXXX. ago which of side from up flat the a and basically our asset $XX.XX,
available XX equity our of increased of As target ratio, end our X.X just net times debt debt XX. the September of leverage of available was quarter at to ratio, equity times. range to below from net XXXX, our the We June of to of X.XX times, which X.XX cash bottom cash ended X.XX
unusually similar the Michael expect As busy discuss was quarter. will to later, see so we fourth growth in don't currently QX
capital on execute structure. committed additional of our to diverse to continue raising already our financing We extending and strategy
existing issuance resulting X.X% in XXXX. investment Taking grade additional note outstanding. compared a advantage five-year premium, $XXX reopened to of conditions, debt June $XXX original a yield on of was additional most favorable The effective market already million to raised million recent an and at of issued maturity unsecured we on the notes our as the in the top coupon X.XX% issuance
by bank facilities, our successes committed to facility our extending existing upsizing incremental an our bringing upsized size we in with million, and SMBC of the $XXX on facility million. $XXX Building quarter third the aggregate credit
the We reinvestment extended XXXX. facilities to also September period
that in cash, only total conditions was XXX maturities a market XX, approximately capital in years of XXX a strong including the the of balance is position our significant end sheet million between in of September now to available available million invest With $X As liquidity, ahead. we with of XXXX, and through variety available debt XXXX, our billion. believe
per regular of four share fourth XXXX. per Also we pay we dividend previously morning declared we of dividends to share. paid our additional payable, $X.XX the declared last the a during This Shifting to dividends be the declared quarterly in quarter $X.XX quarter, of dividend this of is per announced fourth additional our $X.XX share. that previously will
on fourth dividend will regular XX, will dividend quarter, and record paid additional $X.XX of share The to summer December on the be per on of XXXX record on the XX December XX. to stockholders payable stockholders December be
income we that $X.XX determined our the taxable XXXX final into from which our million a filing undistributed significant or was Following amount XXXX with spillover provides of us $XXX per going tax share, XXXX earnings. return, of
income we paid, of our with earnings in spillover undistributed to our a into at core of dividends continue believe year. of coming combined amount in the the position we end Given strong taxable year-to-date be excess XXXX will XXXX this
to call waiver was I Capital Michael, wanted XX-quarter the that remind acquisition. quarter I put Before fee turn to the third place the was American our into the conjunction quarter that of last with in over everyone
company's out recall, of Capital aid or profitability in transitioned income-based yielding XX investments. to portfolio we of advisor total million As quarters fees the order American directly as higher Ares you our $XXX quarter, may originated non-yielding lower a waived voluntarily and the over $XX of per into million
of these to a almost $X on generated meaningful of share per realizing have in higher $X.XX acquisition exited share. and $X.XX level Since IRR, we quarterly our core per overall expanded dividend earnings January closed a the we of XXXX, billion investments, from
asset share. same increasing time, during While the ARCC's per $X.XX over value net
intended In had also been summary, for success for acquisition success. we waiver the positioning fee has and American the future believe the company the impact shareholders, a Capital while
walk activities over I call to will investment the turn for through our the quarter. to Michael, now
