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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Investment income      
Total investment income $ 181,002,459 $ 165,105,708 $ 172,103,726
Operating expenses      
Interest and other debt expenses 39,358,896 40,988,760 41,237,035
Management fees 26,259,584 25,719,938 23,806,418
Incentive fees 18,759,613 17,726,879 15,314,201
Professional fees 1,767,652 1,715,244 1,841,097
Administrative expenses 1,760,905 1,851,420 2,159,788
Director fees 1,090,654 982,111 857,789
Insurance expense 638,006 615,901 700,321
Custody fees 339,886 325,239 413,533
Other operating expenses 2,589,090 2,637,102 2,551,562
Total operating expenses 92,564,286 92,562,594 88,881,744
Net investment income 88,438,173 72,543,114 83,221,982
Net realized gain (loss):      
Net realized gain (loss) (18,230,951) 4,287,643 (5,512,830)
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) (79,432,554) 63,166,306 (3,897,751)
Net realized and unrealized gain (loss) (97,663,505) 67,453,949 (9,410,581)
Realized loss on extinguishment of debt 0 (6,206,289) (2,436,913)
Net increase (decrease) in net assets resulting from operations $ (9,225,332) $ 133,790,774 $ 71,374,488
Basic earnings (loss) per share $ (0.16) $ 2.32 $ 1.23
Diluted earnings (loss) per share $ (0.16) $ 2.32 $ 1.23
Basic weighted average common shares outstanding 57,767,264 57,767,264 57,991,233
Diluted weighted average common shares outstanding 57,767,264 57,767,264 57,991,233
Non-Controlled, Non-Affiliated Investments      
Investment income      
Interest income (excluding PIK) $ 157,012,042 $ 143,005,804 $ 141,433,940
PIK income 7,899,134 5,839,520 7,554,503
Dividend income 1,017,828 1,131,568 0
Other income 881,611 449,021 4,660,979
Net realized gain (loss):      
Net realized gain (loss) (29,278,589) (2,257,955) 618,133
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) (72,517,792) 13,083,276 (2,983,907)
Non-Controlled, Affiliated Investments      
Investment income      
Interest income (excluding PIK) 148,805 127,247 2,533,862
PIK income 0 0 3,757,086
Dividend income 2,357,066 4,599,288 0
Other income 180,520 1,163,495 3,272,529
Net realized gain (loss):      
Net realized gain (loss) 11,172,439 6,545,598 (6,260,913)
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) (27,307,855) 53,937,566 44,680
Controlled Investments      
Investment income      
Interest income (excluding PIK) 7,710,565 6,678,789 6,378,826
Dividend income 3,794,889 2,110,976 2,473,865
Lease income 38,136
Net realized gain (loss):      
Net realized gain (loss) (124,801) 0 129,950
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) $ 20,393,093 $ (3,854,536) $ (958,524)