v3.26.1
NOTES - Interest Expense and Deferred Financing Costs - 2026 & 2030 Notes (Details) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
NOTES    
Premium amortization $ (30,426)  
Notes Payable 2026    
NOTES    
Interest expense 500 $ 1,218,750
Deferred financing costs   110,150
Total interest and financing expenses 500 $ 1,328,900
Weighted average interest rate   4.90%
Effective interest rate (including fee amortization)   5.40%
Average debt outstanding   $ 100,000,000
Cash paid for interest 500 $ 2,437,500
7.250% Notes due 2030    
NOTES    
Interest expense 2,265,625  
Deferred financing costs 134,684  
Discount amortization 33,248  
Premium amortization (30,425)  
Total interest and financing expenses $ 2,403,132  
Weighted average interest rate 7.40%  
Effective interest rate (including fee amortization) 7.80%  
Average debt outstanding $ 125,000,000