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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Investment income    
Total investment income $ 50,308,350 $ 42,150,909
Operating expenses    
Interest and other debt expenses 11,549,171 9,345,204
Management fees 5,877,539 6,667,727
Incentive fees 5,389,696 4,190,230
Professional fees 454,350 570,395
Administrative expenses 376,544 477,059
Director fees 351,000 223,000
Insurance expense 154,003 181,061
Custody fees 90,586 83,929
Other operating expenses 656,894 658,364
Total operating expenses 24,899,783 22,396,969
Net investment income before taxes 25,408,567 19,753,940
Excise tax expense 35,440
Net investment income 25,373,127 19,753,940
Net realized gain (loss):    
Net realized gain (loss) (30,629,704) (78,534)
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) 27,970,456 (7,226,446)
Net realized and unrealized gain (loss) (2,659,248) (7,304,980)
Net increase (decrease) in net assets resulting from operations $ 22,713,879 $ 12,448,960
Basic earnings (loss) per share $ 0.39 $ 0.22
Diluted earnings (loss) per share $ 0.39 $ 0.22
Basic weighted average common shares outstanding 57,767,264 57,767,264
Diluted weighted average common shares outstanding 57,767,264 57,767,264
Non-Controlled, Non-Affiliated Investments    
Investment income    
Interest income (excluding PIK) $ 45,153,147 $ 37,427,955
PIK income 1,584,834 1,080,205
Dividend income 302,743 261,229
Other income 333,264 152,477
Net realized gain (loss):    
Net realized gain (loss) (30,629,704) 46,267
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) 31,972,322 (9,579,291)
Non-Controlled, Affiliated Investments    
Investment income    
Interest income (excluding PIK) 45,536 33,108
Dividend income 634,124 563,404
Other income 45,650 6,202
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) (2,127,127) (2,839,577)
Controlled Investments    
Investment income    
Interest income (excluding PIK) 2,209,052 1,912,504
Dividend income 713,825
Net realized gain (loss):    
Net realized gain (loss) (124,801)
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) $ (1,874,739) $ 5,192,422