CONDENSED STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) - USD ($) |
Mar. 31, 2025 |
Dec. 31, 2024 |
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| ASSETS | ||||||||
| Loans, at estimated fair value (amortized cost of $175,812,110 and $194,533,292, respectively) | $ 129,809,562 | [1] | $ 151,064,673 | [2] | ||||
| Cash and cash equivalents | 7,306,613 | 5,083,701 | ||||||
| Dividend and interest receivables | 1,037,401 | 1,424,095 | ||||||
| Other assets | 800,314 | 2,394,009 | ||||||
| Total assets | 138,953,890 | 159,966,478 | ||||||
| LIABILITIES | ||||||||
| Borrowings under debt facility | 21,500,000 | 39,500,000 | ||||||
| Accrued management fees | 690,000 | 690,000 | ||||||
| Accounts payable and other accrued liabilities | 389,848 | 430,267 | ||||||
| Total liabilities | 22,579,848 | 40,620,267 | ||||||
| NET ASSETS | 116,374,042 | 119,346,211 | ||||||
| Analysis of Net Assets: | ||||||||
| Capital paid in on shares of capital stock | 407,125,000 | 407,125,000 | ||||||
| Cumulative return of capital distributions | (243,600,121) | (243,161,880) | ||||||
| Total distributable losses | (47,150,837) | (44,616,909) | ||||||
| Net assets (equivalent to $1,163.74 and $1,193.46 per share based on 100,000 shares of capital stock outstanding - See Note 5 and Note 12) | $ 116,374,042 | $ 119,346,211 | ||||||
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- Definition Amount of liabilities incurred and payable to vendors for goods and services received, and accrued liabilities classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of dividend and interest receivable from investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of fee payable for management of fund or trust. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Investment Company, Cumulative Return Of Capital Distributions No definition available.
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- Definition Investment Company, Distributable Income (Loss) No definition available.
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