v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Non-controlled, non-affiliated investments:    
Interest income $ 9,163,377 $ 13,009,748
Payment-in-kind interest income 444,666 859,906
Dividend income 0 103,602
Other income 1,389 5,313
Total Investment Income 9,609,432 13,978,569
Expenses:    
Management fee 514,307 765,741
Incentive fee 0 134,826
Administration fee 206,516 340,898
Professional fees 349,647 286,361
Trustees' fees 46,902 46,431
Interest and credit facility expense 3,359,650 4,315,184
Other general and administrative expense 221,754 230,385
Total Expenses before Excise Tax 4,698,776 6,119,826
Net Investment Income (Loss) before Excise Tax 4,910,656 7,858,743
Excise tax expense (benefit) (48,975) 23,111
Net Investment Income (Loss) after Excise Tax 4,959,631 7,835,632
Net change in unrealized appreciation (depreciation) on investments:    
Net realized and unrealized gain (loss) (18,436,631) (7,455,033)
Net Increase (Decrease) in Net Assets Resulting from Operations $ (13,477,000) $ 380,599
Net investment income (loss) per common share - Basic and Diluted $ 0.55 $ 0.71
Net increase (decrease) in net assets resulting from operations per common share - Basic and Diluted $ (1.49) $ 0.03
Weighted Average Common Shares Outstanding - Basic 9,066,308 11,056,433
Weighted Average Common Shares Outstanding - Diluted 9,066,308 11,056,433
Investment, Unaffiliated Issuer [Member]    
Net realized gains (losses) on investments:    
Non-controlled, non-affiliated investments $ (18,357,855) $ (8,287,360)
Net change in unrealized appreciation (depreciation) on investments:    
Non-controlled, non-affiliated investments $ (78,776) $ 832,327