| Schedule of Carrying Values and Estimated Fair Values of Debt Instruments |
Outstanding principal balances of Long-term debt comprises of the following: | | | | | | | | | | | | | Maturity Date | June 30, 2026 | December 31, 2025 | | | | | | | | | | Secured borrowing: | | | | | Senior Secured Credit Facility | December 10, 2030 | 148,125,000 | | 148,875,000 | | | Deferred issuance costs and discounts | | (3,358,489) | | (3,655,384) | | | Secured borrowing, at fair value: | | | | | LMA Income Series II, LP | June 30, 2027 | 38,293,580 | | 114,890,540 | | | Deferred issuance costs | | — | | (466,540) | | | Unsecured borrowing: | | | | | Fixed Rate Senior Unsecured Notes | November 15, 2028 | 135,379,475 | | 135,379,475 | | | Deferred issuance costs and discounts | | (2,811,887) | | (3,318,699) | | | Sponsor PIK Note | June 30, 2028 | 14,982,507 | | 14,114,199 | | | Total debt | | 330,610,186 | | 405,818,591 | | | Less current portion of long-term debt | | (39,793,580) | | (115,924,000) | | | Total long-term debt | | $ | 290,816,606 | | $ | 289,894,591 | |
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| Schedule of Maturities of Long-Term Debt |
Maturities of long-term debt (secured and unsecured) outstanding, including current maturities, excluding unamortized debt issuance costs, as of June 30, 2026 are as follows: | | | | | | | | | | Years | | Amount | | 2026 remaining | | $ | 750,000 | | | 2027 | | 39,793,580 | | | 2028 | | 151,861,982 | | | 2029 | | 1,500,000 | | | 2030 | | 142,875,000 | | | | | | Total | | $ | 336,780,562 | |
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