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Commitments and Contingencies
 9 Months Ended
Sep. 30, 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 September 30, 2024 and December 31, 2023, the Company’s unfunded commitments were as follows:
Unfunded CommitmentsSeptember 30, 2024(1)December 31, 2023(1)
APS Acquisition Holdings, LLC$7,799 $— 
American Clinical Solutions LLC6,450 250 
American Family Care, LLC6,364 — 
Flatworld Intermediate Corp.5,865 5,865 
Rogers Mechanical Contractors, LLC5,838 2,404 
Lux Credit Consultants LLC5,172 — 
American Health Staffing Group, Inc.3,333 3,333 
Homer City Holdings LLC3,000 196 
Cennox, Inc.2,987 — 
Gold Medal Holdings, Inc.2,498 — 
Moss Holding Company2,232 2,232 
ALM Media, LLC2,160 — 
Nova Compression, LLC1,957 2,609 
Instant Web, LLC1,947 2,164 
Sleep Opco, LLC1,750 1,750 
Thrill Holdings LLC1,739 5,000 
Riddell, Inc. 1,636 — 
Stengel Hill Architecture, LLC1,500 — 
Bradshaw International Parent Corp.1,230 1,844 
ESP Associates, Inc.1,118 1,316 
Mimeo.com, Inc.1,000 2,500 
Critical Nurse Staffing, LLC1,000 1,000 
Dermcare Management, LLC627 671 
BDS Solutions Intermediateco, LLC524 1,905 
HEC Purchaser Corp.495 — 
Ironhorse Purchaser, LLC490 347 
American Teleconferencing Services, Ltd.235 234 
Anthem Sports & Entertainment Inc.167 167 
Coyote Buyer, LLC— 2,500 
MacNeill Pride Group Corp.— 2,017 
Tactical Air Support, Inc.— 2,000 
Fluid Control Intermediate Inc. — 1,765 
OpCo Borrower, LLC— 1,042 
H.W. Lochner, Inc.— 1,036 
Service Compression, LLC— 419 
Invincible Boat Company LLC— 399 
RA Outdoors, LLC— 372 
HW Acquisition, LLC— 12 
Total$71,113 $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 September 30, 2024 and December 31, 2023, refer to the table above and the consolidated schedules of investments. As of October 30, 2024, the Company was committed, upon the satisfaction of certain conditions, to fund an additional $69,980.
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.