RELATED PARTY TRANSACTIONS AND ARRANGEMENTS - ELA Agreements (Details) - Expense Limitation and Expense Reimbursement Agreements - USD ($) |
3 Months Ended | 12 Months Ended | 39 Months Ended | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 20, 2021 |
Jun. 30, 2025 |
Mar. 31, 2025 |
Dec. 31, 2024 |
Sep. 30, 2024 |
Jun. 30, 2024 |
Mar. 31, 2024 |
Dec. 31, 2023 |
Sep. 30, 2023 |
Jun. 30, 2023 |
Mar. 31, 2023 |
Dec. 31, 2022 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2025 |
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Related Party Transaction [Line Items] | ||||||||||||||||||
Annualized Distribution Rate | 6.00% | |||||||||||||||||
Related Party | ||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||
ELA Reimbursement Payable to the Adviser | $ 1,160,344 | $ 447,555 | $ 422,681 | |||||||||||||||
Related Party | Prospect Flexible Income Management, LLC | ||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||
ELA Reimbursement Payable to the Adviser | $ 244,340 | $ 312,824 | $ 314,020 | $ 289,161 | $ 184,993 | $ 105,128 | $ 74,073 | $ 83,359 | $ 99,018 | $ 105,279 | $ 105,950 | $ 112,434 | $ 118,220 | $ 2,148,799 | ||||
ELA Reimbursement Payment to the Adviser | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Unreimbursed ELA Reimbursement | $ 244,340 | $ 312,824 | $ 314,020 | $ 289,161 | $ 184,993 | $ 105,128 | $ 74,073 | $ 83,359 | $ 99,018 | $ 105,279 | $ 105,950 | $ 112,434 | $ 118,220 | $ 2,148,799 | ||||
Operating Expense Ratio | 2.03% | 2.36% | 2.06% | 2.82% | 2.75% | 3.14% | 5.00% | 4.06% | 2.79% | 3.33% | 3.30% | 3.48% | 3.52% | |||||
Annualized Distribution Rate | 4.97% | 8.72% | 8.59% | 7.64% | 7.57% | 7.51% | 7.43% | 7.85% | 6.97% | 7.18% | 7.49% | 7.38% | 7.87% |