Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Interest income | $ 361,702 | $ 2,694,551 | $ (602,126) | $ 4,014,047 | ||||
| Payment-in-kind interest income | 5,267,634 | 4,753,539 | 10,246,748 | 9,666,896 | ||||
| Fee income | 8,079 | 8,079 | 16,158 | 8,079 | ||||
| Other income | 347 | 17,714 | 464 | 37,704 | ||||
| Interest from cash | 294 | 133 | 509 | 424 | ||||
| Total investment income | 5,638,056 | 7,474,016 | 9,661,753 | 13,727,150 | ||||
| EXPENSES | ||||||||
| Asset management fees | 1,380,911 | 1,429,233 | 2,765,771 | 2,854,837 | ||||
| Professional fees | 1,276,923 | 1,686,307 | 2,973,067 | 3,044,471 | ||||
| General and administrative expenses | 328,309 | 262,437 | 577,137 | 525,647 | ||||
| Interest expense | 96,559 | 362,492 | 190,575 | 362,492 | ||||
| Board of managers fees | 65,034 | 64,375 | 129,409 | 128,750 | ||||
| Total expenses | 3,147,736 | 3,804,844 | 6,635,959 | 6,916,197 | ||||
| NET INVESTMENT INCOME | 2,490,320 | 3,669,172 | 3,025,794 | 6,810,953 | ||||
| Net change in unrealized depreciation on investments | (3,272,544) | (2,943,863) | (3,744,948) | (3,449,639) | ||||
| Net realized losses on investments | 0 | 0 | 0 | (73,871) | ||||
| NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ (782,224) | $ 725,309 | $ (719,154) | $ 3,287,443 | ||||
| NET INVESTMENT INCOME PER UNIT - BASIC AND DILUTED (in dollars per share) | $ 0.05 | $ 0.08 | $ 0.06 | [1] | $ 0.14 | [1] | ||
| EARNING PER UNIT - BASIC AND DILUTED (in dollars per share) | $ (0.02) | $ 0.02 | $ (0.02) | $ 0.07 | ||||
| WEIGHTED AVERAGE UNITS OUTSTANDING - BASIC AND DILUTED (in shares) | 47,777,406 | 47,777,985 | 47,777,406 | 47,777,985 | ||||
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- Definition Amount of expense for board of managers fees. No definition available.
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- Definition The aggregate interest and fee income (loss) generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of fee income including, but not limited to, managerial assistance, servicing of investment, and origination and commitment fees. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest and dividend income from investment paid in kind, classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest income derived from funds deposited with both domestic and foreign financial institutions including funds in money market and other accounts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per-basic-share or unit amount, after investment expense, of dividend and interest investment income (loss) from investment held by investment company. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for investment advisory service, including, but not limited to, managing money in fund. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after discount, accretion and premium amortization, of interest income and dividend income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of realized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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