v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net increase (decrease) in net assets resulting from operations $ (2,396,345) $ (153,334)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net (income)/expenses from payment-in-kind interest (1,864,234) 3,266,399
Net amortization of premium (accretion of discount) (557,462) (7,626,782)
Sales and maturities of and principal paydowns on investments 268,905,331 311,059,762
Purchases and drawdowns of investments (270,508,675) (268,239,476)
Net realized (gains) losses on investments 18,371,325
Net change in unrealized (appreciation)/depreciation on investments (11,167,875) 8,703,528
Changes in operating assets and liabilities:    
Receivables - interest (3,485) 71,330
Directors' fees payable 45,000
Accrued other general and administrative expenses (37,632) 141,891
Management fees payable (32,845) (16,254)
Professional fees payable (66,586) 82,925
Net Cash Provided by (Used in) Operating Activities 686,517 47,289,989
Cash Flows from Financing Activities:    
Borrowings on credit facility 163,588,959 188,189,135
Payments on credit facility (158,438,959) (227,150,592)
Distributions (net of change in Distributions payable) (8,294,402) (8,298,629)
Net Cash Provided by (Used in) Financing Activities (3,144,402) (47,260,086)
Net Increase/(Decrease) in Cash and Cash Equivalents (2,457,885) 29,903
Cash and cash equivalents, beginning of period 3,605,909 5,130,685
Cash and Cash Equivalents, End of Period 1,148,024 5,160,588
Supplemental Information    
Cash paid during the period for interest $ 344,300 $ 745,496