v3.25.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
segment
bank_account
financial_institution
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Summary of Investment Holdings [Line Items]    
Investment Company, Accounting and Reporting under Topic 946 [true false] true  
Number of bank accounts | bank_account 3  
Number of financial institutions | financial_institution 2  
Shares issued in period (in shares) | shares 6,804,113 45,837.01
Cash $ 502,500 $ 500,000
Percent of net assets, cash and cash equivalents 6.28% 4.26%
Loans $ 129,809,562 [1] $ 151,064,673 [2]
Percent of assets 93.40% 94.40%
Loans with costs basis classified as non-accrual $ 107,500,000 $ 95,500,000
Loans with fair value classified as non-accrual $ 63,000,000.0 $ 53,800,000
Average duration of warrant (in years) 4 years 4 years
Number of operating segments | segment 1  
Number of reportable segments | segment 1  
First American Government Obligations Fund    
Summary of Investment Holdings [Line Items]    
Shares issued in period (in shares) | shares 6,804,113 4,583,701
Issuance of shares (in dollars per share) | $ / shares $ 1 $ 1
Yield 4.23% 4.35%
[1] There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a most advantageous market and the estimates may include the use of significant unobservable inputs.
[2] There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a most advantageous market and the estimates may include the use of significant unobservable inputs.