Condensed Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
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| INVESTMENT INCOME | ||||||||||
| Total Investment Income | $ 271,807 | $ 459,269 | $ 1,303,420 | $ 1,125,667 | ||||||
| OPERATING EXPENSES | ||||||||||
| Management fees | [1] | 1,585,769 | 1,585,769 | |||||||
| Costs incurred under Administration Agreement | [1] | 282,705 | 282,705 | |||||||
| Compensation expense | 197,377 | 1,678,497 | 21,869,951 | 4,918,188 | ||||||
| Directors’ fees | 146,250 | 246,658 | 769,288 | 592,718 | ||||||
| Interest expense(2) | 1,353,844 | 1,276,713 | 3,707,459 | 3,812,047 | ||||||
| Professional fees | (132,540) | 394,173 | 2,464,627 | 1,825,254 | ||||||
| Income tax expense | 35,505 | (215,949) | ||||||||
| Offering expenses | 572,969 | 8,997 | 588,957 | 26,808 | ||||||
| Other expenses | 296,568 | 309,046 | 1,363,470 | 1,005,345 | ||||||
| Total Operating Expenses | 4,302,942 | 3,914,084 | 32,667,731 | 11,964,411 | ||||||
| Net Investment Loss | (4,031,135) | (3,454,815) | (31,364,311) | (10,838,744) | ||||||
| Realized Gain/(Loss) on Investments: | ||||||||||
| Net Realized Gain/(Loss) on Investments | (7,748,545) | 5,196,799 | (1,808,512) | 26,391,459 | ||||||
| Realized loss on partial repurchase of 6.00% Notes due December 30, 2026 | (11) | (11) | (15,873) | |||||||
| Change in Unrealized Appreciation/(Depreciation) of Investments: | ||||||||||
| Net Change in Unrealized Appreciation/(Depreciation) of Investments | (9,378,815) | 5,675,109 | 148,946,715 | 53,401,606 | ||||||
| Net Change in Net Assets Resulting from Operations | $ (21,158,506) | $ 7,417,093 | $ 115,773,881 | $ 68,938,448 | ||||||
| Net Change in Net Assets Resulting from Operations per Common Share: | ||||||||||
| Basic | $ (0.80) | $ 0.30 | $ 4.46 | $ 2.89 | ||||||
| Diluted | [2] | $ (0.80) | $ 0.28 | $ 3.89 | $ 2.49 | |||||
| Weighted-Average Common Shares Outstanding | ||||||||||
| Basic | 26,473,222 | 24,371,533 | 25,949,707 | 23,893,418 | ||||||
| Diluted | [2] | 26,473,222 | 28,989,579 | 30,165,561 | 28,408,445 | |||||
| Non-controlled/non-affiliate investments [Member] | ||||||||||
| INVESTMENT INCOME | ||||||||||
| Interest income | [3] | $ 271,807 | $ 459,269 | $ 959,670 | $ 777,220 | |||||
| Dividend income | 343,750 | 348,447 | ||||||||
| Realized Gain/(Loss) on Investments: | ||||||||||
| Net Realized Gain/(Loss) on Investments | (9,169,114) | 5,196,799 | (3,229,081) | 26,391,459 | ||||||
| Change in Unrealized Appreciation/(Depreciation) of Investments: | ||||||||||
| Net Change in Unrealized Appreciation/(Depreciation) of Investments | (6,130,938) | 23,634,141 | 151,931,992 | 53,475,595 | ||||||
| Non-controlled/affiliate investments [Member] | ||||||||||
| Realized Gain/(Loss) on Investments: | ||||||||||
| Net Realized Gain/(Loss) on Investments | 1,420,569 | 1,420,569 | ||||||||
| Change in Unrealized Appreciation/(Depreciation) of Investments: | ||||||||||
| Net Change in Unrealized Appreciation/(Depreciation) of Investments | (3,247,877) | 735,476 | (2,985,277) | (76,930) | ||||||
| Controlled investments [Member] | ||||||||||
| Change in Unrealized Appreciation/(Depreciation) of Investments: | ||||||||||
| Net Change in Unrealized Appreciation/(Depreciation) of Investments | $ (18,694,508) | $ 2,941 | ||||||||
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- Definition Change in Unrealized Appreciation Depreciation of Investments [Abstract] No definition available.
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- Definition Costs incurred under administration agreement. No definition available.
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- Definition Directors fees. No definition available.
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- Definition Realized investment gains losses repurchase. No definition available.
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Other employee benefit expense includes, but is not limited to, service component of net periodic benefit cost for defined benefit plan. Excludes compensation cost in cost of good and service sold. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating dividend income on securities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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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 The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses related to the generation of investment income. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for cost associated with issuance of security by investment company. Includes, but is not limited to, legal fee pertaining to share offered for sale, registration fee, underwriting, printing prospectus, and initial fee for listing on exchange. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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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- References No definition available.
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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 The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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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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