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Indemnification, Guarantees, Commitments and Contingencies | 6 Months Ended
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Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract] |
Indemnification, Guarantees, Commitments and Contingencies | Note 6. Indemnification, Guarantees, Commitments and Contingencies In the normal course of business, the Company enters into contracts that provide a variety of representations and warranties and general indemnifications. Such contracts include those with certain service providers, brokers and trading counterparties. Any exposure to the Company under these arrangements is unknown as it would involve future claims that may be made against the Company; however, based on the Company’s experience, the risk of loss is remote and no such claims are expected to occur. As such, the Company has not accrued any liability in connection with such indemnifications. The Company’s board of directors declared the following quarterly distributions during the six months ended December 31, 2023:
Declared |  | Ex-Date |  | Record Date |  | Pay Date |  | Amount |  | Fiscal Quarter
September 14, 2023 |  | October 11, 2023 |  | October 12, 2023 |  | November 2, 2023 |  | $0.1500 |  | 1st 2024
November 9, 2023 |  | December 13, 2023 |  | December 14, 2023 |  | January 8, 2024 |  | $0.1500 |  | 2nd 2024
Loans purchased by the Company may include revolving credit agreements or other financing commitments obligating the Company to advance additional amounts on demand. The Company generally sets aside sufficient liquid assets to cover its unfunded commitments, if any. The following table details the Company’s unfunded commitments to portfolio companies as of December 31, 2023:
Investments |  | Unfunded Commitment |  | Fair Value |  | Annual Non-use Fee |  | Expiration Date
1888 Industrial Services, LLC – Revolver |  | $ | 285,946 |  | $ | — |  | 0.50% |  | 8/31/24
Arborworks Acquisition LLC – Revolver (New) |  |  | 741,882 |  |  | — |  | 0.50% |  | 11/6/28
Evergreen North America Acquisitions, LLC – Revolver |  |  | 194,868 |  |  | — |  | 0.50% |  | 8/13/26
Flatworld Intermediate Corporation – Revolver |  |  | 567,568 |  |  | — |  | 0.50% |  | 10/1/27
South Coast Terminals LLC – Revolver |  |  | 870,968 |  |  | — |  | 0.50% |  | 12/10/26
Work Genius Holdings, Inc – Revolver |  |  | — |  |  | — |  | 0.50% |  | 6/7/27
Total Unfunded Commitments |  | $ | 2,661,232 |  | $ | — |  |  |  |
The following table details the Company’s unfunded commitments to portfolio companies as of June 30, 2023:
Investments |  | Unfunded Commitment |  | Fair Value |  | Annual Non-use Fee |  | Expiration Date
1888 Industrial Services, LLC – Revolver |  | $ | 186,990 |  | $ | — |  | 0.50% |  | 8/31/24
Amerequip, LLC – Revolver |  |  | 967,742 |  |  | — |  | 0.50% |  | 8/31/27
Arborworks Acquisition LLC – Revolver |  |  | 554,947 |  |  | — |  | 0.50% |  | 11/9/26
Archer Systems, LLC – Revolver |  |  | 603,175 |  |  | — |  | 0.50% |  | 8/11/27
Evergreen North America Acquisitions, LLC – Revolver |  |  | 276,064 |  |  | — |  | 0.50% |  | 8/13/26
Flatworld Intermediate Corporation – Revolver |  |  | 567,567 |  |  | — |  | 0.50% |  | 10/1/27
NWN Parent Holdings LLC – Revolver |  |  | 800,000 |  |  | — |  | 0.50% |  | 5/7/26
South Coast Terminals LLC – Revolver |  |  | 967,742 |  |  | — |  | 0.50% |  | 12/10/26
Xenon Arc, Inc. – Revolver |  |  | 746,667 |  |  | — |  | 0.50% |  | 12/17/26
Total Unfunded Commitments |  | $ | 5,670,894 |  | $ | — |  |  |  |

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