v3.26.1
SBA-GUARANTEED DEBENTURES (Details)
3 Months Ended
Oct. 02, 2019
Oct. 01, 2019
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Aug. 12, 2014
USD ($)
SBA-GUARANTEED DEBENTURES            
Credit facility payable     $ 238,276,659   $ 233,167,360  
Repayments of Credit Facility     53,033,900 $ 21,633,900    
SBA Debentures, net of prepaid loan fees     260,000,000 $ 308,750,000    
Increase in debt regulatory limit           $ 325,000,000
SBIC Assets     1,001,273,253   1,041,252,306  
SBA-guaranteed Debentures            
SBA-GUARANTEED DEBENTURES            
SBA Debentures, net of prepaid loan fees     $ 257,151,049   295,984,063  
Debt securities maturity     10 years      
Upfront fee 3.435 3.425        
Commitment fee 1.00% 1.00%        
Issuance discount 2.435 2.425        
Deferred financing cost     $ 11,148,750   11,148,750  
Prepaid loan structure fees and administration fees     $ 2,848,951   3,015,937  
SBIC Subsidiary            
SBA-GUARANTEED DEBENTURES            
Leverage limit     2      
Repayments of Credit Facility     $ 39,000,000      
SBIC Assets     $ 457,244,131   $ 492,710,365  
Percentage of subsidiary assets in consolidated assets     45.7   47.3  
SBIC Subsidiary | SBA-guaranteed Debentures            
SBA-GUARANTEED DEBENTURES            
SBIC subsidiary regulatory capital     $ 73,625,000   $ 75,000,000  
Credit facility payable     85,000,000   124,000,000  
Repayments of Credit Facility     1,375,000      
SBIC Subsidiary II            
SBA-GUARANTEED DEBENTURES            
SBIC subsidiary regulatory capital     87,500,000   87,500,000  
SBIC Subsidiary II | SBA-guaranteed Debentures            
SBA-GUARANTEED DEBENTURES            
Credit facility payable     $ 175,000,000   $ 175,000,000