v3.25.2
Investments and Fair Value Measurements - Fair Value of Investments (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ (371,995) $ 11,637 $ (1,053,020) $ 11,637
Level 3 [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period 697,503,705 235,742,914 607,116,140 157,468,285
Purchases of investments 212,425,264 140,921,962 353,550,280 239,317,012
Proceeds from principal pre-payments and sales of investments (71,275,923) (31,046,387) (113,860,187) (36,529,551)
Payment-in-kind 1,343,154 1,157,245 2,602,469 2,139,660
Net accretion of discount on investments 2,484,815 955,594 4,187,806 1,491,476
Net realized gain (loss) $ 419,390 $ 282,797 $ 1,869,187 $ 300,109
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Realized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax
Net change in unrealized appreciation/(depreciation) $ 4,480,048 $ 128,578 $ 2,697,070 $ 434,813
Transfers into Level 3 18,615,493 9,255,423    
Transfers into Level 3     6,269,653 1,981,667
Transfers out of Level 3 (6,588,432) (990,000) (5,024,904) (10,195,345)
Balance at end of period 859,407,514 356,408,126 859,407,514 356,408,126
Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ 3,421,892 $ 128,578 $ 3,490,386 $ 434,813
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction, Operating, after Tax
Level 3 [Member] | First Lien Debt [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period $ 621,187,775 $ 215,939,500 $ 531,672,622 $ 138,418,209
Purchases of investments 212,151,503 140,921,962 353,276,519 239,317,012
Proceeds from principal pre-payments and sales of investments (71,275,923) (31,046,387) (113,860,187) (36,529,551)
Payment-in-kind 529,517 465,108 1,013,699 766,126
Net accretion of discount on investments 2,301,821 835,950 3,831,807 1,257,980
Net realized gain (loss) 419,390 282,797 1,869,187 300,109
Net change in unrealized appreciation/(depreciation) 5,091,087 171,879 3,383,835 520,025
Transfers into Level 3 18,615,493 9,255,423    
Transfers into Level 3     6,269,653 1,981,667
Transfers out of Level 3 (6,588,432) (990,000) (5,024,904) (10,195,345)
Balance at end of period 782,432,231 335,836,232 782,432,231 335,836,232
Net change in unrealized appreciation (depreciation) on Level 3 investments still held 4,032,931 171,879 4,177,151 520,025
Level 3 [Member] | Second Lien Debt [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period 76,315,930 19,803,414 75,443,518 19,050,076
Purchases of investments 273,761 0 273,761 0
Proceeds from principal pre-payments and sales of investments 0 0 0 0
Payment-in-kind 813,637 692,137 1,588,770 1,373,534
Net accretion of discount on investments 182,994 119,644 355,999 233,496
Net realized gain (loss) 0 0 0 0
Net change in unrealized appreciation/(depreciation) (611,039) (43,301) (686,765) (85,212)
Transfers into Level 3 0 0    
Transfers into Level 3     0 0
Transfers out of Level 3 0 0 0 0
Balance at end of period 76,975,283 20,571,894 76,975,283 20,571,894
Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ (611,039) $ (43,301) $ (686,765) $ (85,212)