XML 25 R15.htm IDEA: XBRL DOCUMENT v3.24.1
Commitments and Contingencies
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
5.
Commitments and Contingencies

The Company had the following unfunded commitments and unrealized depreciation by investment as of December 31, 2023 and 2022:

 

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Unfunded Commitments

 

Maturity/
Expiration

 

Amount

 

 

Unrealized
Depreciation

 

 

Amount

 

 

Unrealized
Depreciation

 

CG Buyer, LLC

 

July 2025

 

$

972

 

 

$

29

 

 

$

 

 

$

 

CSAT Holdings LLC

 

June 2028

 

 

1,035

 

 

 

16

 

 

 

 

 

 

 

D&D Buyer, LLC

 

October 2025

 

 

1,486

 

 

 

30

 

 

 

 

 

 

 

D&D Buyer, LLC

 

October 2028

 

 

424

 

 

 

8

 

 

 

 

 

 

 

Del Real, LLC

 

March 2028

 

 

901

 

 

 

 

 

 

 

 

 

 

Five Star Buyer, Inc.

 

February 2028

 

 

910

 

 

 

34

 

 

 

 

 

 

 

Five Star Buyer, Inc.

 

May 2024

 

 

910

 

 

 

34

 

 

 

 

 

 

 

Hoffmaster Group, Inc.

 

February 2028

 

 

628

 

 

 

 

 

 

 

 

 

 

Jones Industrial Holdings, Inc.

 

February 2025

 

 

1,978

 

 

 

 

 

 

 

 

 

 

RPM Purchaser, Inc.

 

September 2025

 

 

1,751

 

 

 

28

 

 

 

 

 

 

 

Signature Brands, LLC

 

March 2025

 

 

964

 

 

 

31

 

 

 

 

 

 

 

Sunland Asphalt & Construction, LLC

 

December 2024

 

 

2,114

 

 

 

6

 

 

 

 

 

 

 

Total

 

 

 

$

14,073

 

 

$

215

 

 

$

 

 

$

 

From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. As of December 31, 2023, the Company is not aware of any pending or threatened litigation.

In the normal course of business, the Company enters into contracts which provide a variety of representations and warranties, and that provide 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.