Ares Capital Corp (ARCC) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

These risks include changes in exchange control regulations, political and social instability, expropriation, imposition of foreign taxes potentially at confiscatory levels, less liquid markets, less available information than is generally the case in the United States, higher transaction costs, less government supervision of exchanges, brokers and issuers, less developed bankruptcy laws, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility.

Net unrealized gains or losses on foreign currency contracts are included in net unrealized gains losses from foreign currency and other transactions and net realized gains or losses on forward currency contracts are included in net realized gains losses from foreign currency transactions in the accompanying consolidated statement of operations.