v3.25.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Investment income from non-controlled, non-affiliated investments:    
Interest income $ 29,819,663 $ 33,259,959
Dividend income 574,336 1,254,696
Payment-in-kind interest income 507,850 0
Other income 312,430 270,288
Total investment income from non-controlled, non-affiliated investments 31,214,279 34,784,943
Total Investment Income 31,214,279 34,784,943
Expenses:    
Incentive fees 1,842,706 1,924,752
Interest expense 12,969,757 13,178,830
Management fees 2,333,675 2,416,239
Professional fees 312,732 237,943
Directors fees 36,987 37,295
Other general and administrative expenses 805,271 722,166
Total Expenses 18,301,128 18,517,225
Less: Management fee waiver (Note 3) 0 (50,511)
Net expenses 18,301,128 18,466,714
Net Investment Income (Loss) 12,913,151 16,318,229
Net realized gains (losses):    
Non-controlled, non-affiliated investments (5,894,493) (1,736,331)
Total net realized gains (losses) (5,894,493) (1,736,331)
Total net change in unrealized gains (losses) (15,407,869) 8,298,242
Net change in unrealized gains (losses):    
Non-controlled, non-affiliated investments (15,407,869) 8,298,242
Total realized and unrealized gains (losses) (21,302,362) 6,561,911
Net Increase (Decrease) in Net Assets Resulting from Operations $ (8,389,211) $ 22,880,140
Per Common Share Data:    
Basic net investment income per common share (in Dollars per share) $ 0.4 $ 0.52
Diluted net investment income per common share (in Dollars per share) 0.4 0.52
Basic net increase (decrease) in net assets resulting from operations (in Dollars per share) (0.26) 0.72
Diluted net increase (decrease) in net assets resulting from operations (in Dollars per share) $ (0.26) $ 0.72
Weighted Average Common Shares Outstanding - Basic (in Shares) 32,602,053 31,594,552
Weighted Average Common Shares Outstanding – Diluted (in Shares) 32,602,053 31,594,552