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Commitments and Contingencies
 3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
The Company entered into certain contracts with related and other parties that contain a variety of indemnifications. The Company’s maximum exposure under these arrangements is unknown. However, the Company has not experienced claims or losses pursuant to these contracts and believes the risk of loss related to such indemnifications to be remote.
As of March 31, 2024 and December 31, 2023, the Company’s unfunded commitments were as follows:
Unfunded CommitmentsMarch 31, 2024(1)December 31, 2023(1)
Rogers Mechanical Contractors, LLC$6,250 $2,404 
American Family Care, LLC6,136 — 
Flatworld Intermediate Corp.5,865 5,865 
Thrill Holdings LLC5,000 5,000 
American Clinical Solutions LLC3,500 250 
American Health Staffing Group, Inc.3,333 3,333 
ALM Media, LLC2,700 — 
Nova Compression, LLC2,609 2,609 
Mimeo.com, Inc.2,500 2,500 
Moss Holding Company2,232 2,232 
BDS Solutions Intermediateco, LLC2,095 1,905 
MacNeill Pride Group Corp.2,017 2,017 
Tactical Air Support, Inc.2,000 2,000 
Bradshaw International Parent Corp.1,844 1,844 
Fluid Control Intermediate Inc. 1,765 1,765 
Instant Web, LLC1,731 2,164 
Riddell, Inc. 1,636 — 
Sleep Opco, LLC1,550 1,750 
ESP Associates, Inc.1,316 1,316 
OpCo Borrower, LLC1,042 1,042 
Critical Nurse Staffing, LLC1,000 1,000 
Invincible Boat Company LLC718 399 
H.W. Lochner, Inc.536 1,036 
Dermcare Management, LLC448 671 
Ironhorse Purchaser, LLC408 347 
American Teleconferencing Services, Ltd.234 234 
Anthem Sports & Entertainment Inc.167 167 
Coyote Buyer, LLC— 2,500 
Service Compression, LLC— 419 
RA Outdoors, LLC— 372 
Homer City Holdings LLC— 196 
HW Acquisition, LLC— 12 
Total$60,632 $47,349 
(1)Unless otherwise noted, the funding criteria for these unfunded commitments had not been met at the date indicated.
Unfunded commitments to provide funds to companies are not recorded on the Company’s consolidated balance sheets. Since these commitments may expire without being drawn upon, unfunded commitments do not necessarily represent future cash requirements or future earning assets for the Company. The Company intends to use cash on hand, short-term investments, proceeds from borrowings, and other liquid assets to fund these commitments should the need arise. For information on the companies to which the Company is committed to fund additional amounts as of March 31, 2024 and December 31, 2023, refer to the table above and the consolidated schedules of investments. As of May 1, 2024, the Company was committed, upon the satisfaction of certain conditions, to fund an additional $82,946, which includes $20,000 to a controlled investment, David's Bridal, Inc.
The Company will fund its unfunded commitments from the same sources it uses to fund its investment commitments that are funded at the time they are made (i.e., advances from its financing arrangements and/or cash flows from operations). The Company will not fund its unfunded commitments from future net proceeds generated by securities offerings, if any. The Company follows a process to manage its liquidity and ensure that it has available capital to fund its unfunded commitments. Specifically, the Company prepares detailed analyses of the level of its unfunded commitments relative to its then available liquidity on a daily basis.  These analyses are reviewed and discussed on a weekly basis by the Company's executive officers and senior members of CIM (including members of the investment committee) and are updated on a “real time” basis in order to ensure that the Company has adequate liquidity to satisfy its unfunded commitments.