LOANS HELD FOR INVESTMENT AT CARRYING VALUE - Schedule of Changes in Loans Held at Carrying Value (Details) |
3 Months Ended |
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Mar. 31, 2025
USD ($)
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| Principal | |
| Total loans held at carrying value, principal, beginning balance | $ 132,556,289 |
| New fundings | 106,100,104 |
| Interest drawn on loans | 3,740,082 |
| Loan repayments | (9,015,769) |
| Total loans held at carrying value, principal, ending balance | 233,380,706 |
| Original Issue Discount | |
| Total loans held at carrying value, original issue discount, beginning balance | (1,822,659) |
| New fundings | (1,356,528) |
| Accretion of original issue discount | 292,672 |
| Total loans held at carrying value, original issue discount, ending balance | (2,886,515) |
| Carrying Value | |
| Total loans held at carrying value, carrying value, beginning balance | 130,733,630 |
| New fundings | 104,743,576 |
| Interest drawn on loans | 3,740,082 |
| Accretion of original issue discount | 292,672 |
| Loan repayments | (9,015,769) |
| Total loans held at carrying value, carrying value, ending balance | $ 230,494,191 |
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- Definition The carrying amount of accretion of original issue discount during period. No definition available.
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- Definition Loans Held at Carrying Value, Original Issue Discount [Abstract] No definition available.
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- Definition Loans Held at Carrying Value Principal [Abstract] No definition available.
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- Definition Loans Held at Carrying Value [Abstract] No definition available.
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- Definition Amount of original issue (discount) premium related to loans held for investment at carrying value accretion of original issue discount made during the period. No definition available.
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- Definition Receivable With Imputed Interest Discount On New Funding No definition available.
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- Definition Receivable with Imputed Interest, Loan Repayments No definition available.
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- Definition Receivable With Imputed Interest Loan Repayments Face Amount No definition available.
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- Definition The principal amount of the new fund receivable or note before consideration of the discount or premium. No definition available.
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- Definition The carrying value of new funding receivable or note face amount less the unamortized discount or premium. No definition available.
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- Definition Receivable With Interest Drawn On Loans, Face Amount No definition available.
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- Definition Receivable With Interest Drawn On Loans, Net Amount No definition available.
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- Definition Disclosure of the unamortized amount of the discount on the note or receivable which is deducted from the face amount of the receivable or loan. The discount or premium is the difference between the present value and the face amount. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The principal amount of the receivable or note before consideration of the discount or premium. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The receivable or note face amount less the unamortized discount or premium. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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