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Stockholders' Equity (Tables)
 12 Months Ended
Feb. 28, 2023
Stockholders' Equity Note [Abstract]  
Schedule of reconciliation of the changes in each significant caption of stockholders’ equity
           Capital   Total
Distributable		     
   Common Stock   in Excess   Earnings     
   Shares   Amount   of Par Value   (Loss)   Net Assets 
Balance at February 28, 2021   11,161,416   $11,161   $304,874,957   $(700,348)  $304,185,770 
Increase (Decrease) from Operations:                         
Net investment income   -    
-
    
-
    2,555,935    2,555,935 
Net realized gain (loss) from investments   -    
-
    
-
    1,910,141    1,910,141 
Net change in unrealized appreciation (depreciation) on investments   -    
-
    
-
    16,812,577    16,812,577 
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    
-
    
-
    (230,144)   (230,144)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    
-
    
-
    (4,799,405)   (4,799,405)
Capital Share Transactions:                         
Proceeds from issuance of common stock   -    
-
    
-
    
-
    
-
 
Stock dividend distribution   38,580    39    914,063    
-
    914,102 
Repurchases of common stock   (40,000)   (40)   (1,003,380)   
-
    (1,003,420)
Repurchase fees   -    
-
    (800)   
-
    (800)
Offering costs   -    
-
    
-
    
-
    
-
 
Balance at May 31, 2021   11,159,995   $11,160   $304,784,840   $15,548,756   $320,344,756 
Increase (Decrease) from Operations:                         
Net investment income   -    
-
    
-
    6,393,261    6,393,261 
Net realized gain (loss) from investments   -    
-
    
-
    1,501,597    1,501,597 
Income tax (provision) benefit from realized gain on investments   -    
-
    
-
    (448,883)   (448,883)
Realized losses on extinguishment of debt                  (1,552,140)   (1,552,140)
Net change in unrealized appreciation (depreciation) on investments   -    
-
    
-
    3,376,540    3,376,540 
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    
-
    
-
    (1,328,711)   (1,328,711)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    
-
    
-
    (4,910,394)   (4,910,394)
Capital Share Transactions:                         
Proceeds from issuance of common stock   5,441    6    157,034    
-
    157,040 
Stock dividend distribution   33,099    33    828,479    
-
    828,512 
Repurchases of common stock   (9,623)   (10)   (248,713)   
-
    (248,723)
Repurchase fees   -    
-
    (192)   
-
    (192)
Offering costs   -    
-
    (817)   
-
    (817)
Balance at August 31, 2021   11,188,912   $11,189   $305,520,631   $18,580,025   $324,111,845 

 

           Capital in   Total
Distributable		     
   Common Stock   Excess of   Earnings     
   Shares   Amount   Par Value   (Loss)   Net Assets 
Increase (Decrease) from Operations:                    
Net investment income   -    
-
    
-
    5,196,635    5,196,635 
Net realized gain (loss) from investments   -    
-
    
-
    9,916,925    9,916,925 
Income tax (provision) benefit from realized gain on investments   -    
-
    
-
    (2,447,173)   (2,447,173)
Realized losses on extinguishment of debt                  (764,123)   (764,123)
Net change in unrealized appreciation (depreciation) on investments   -    
-
    
-
    (6,042,616)   (6,042,616)
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    
-
    
-
    2,480,465    2,480,465 
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    
-
    
-
    (5,889,329)   (5,889,329)
Capital Share Transactions:                         
Proceeds from issuance of common stock   520,076    520    15,163,259    
-
    15,163,779 
Stock dividend distribution   38,016    38    1,017,625    
-
    1,017,663 
Repurchases of common stock   -    
-
    
-
    
-
    
-
 
Repurchase fees   -    
-
    
-
    
-
    
-
 
Offering costs   -    
-
    (142,326)   
-
    (142,326)
Balance at November 30, 2021   11,747,004   $11,747   $321,559,189   $21,030,809   $342,601,745 
Increase (Decrease) from Operations:                         
Net investment income   -    
-
    
-
    5,796,910    5,796,910 
Net realized gain (loss) from investments   -    
-
    
-
    69,664    69,664 
Income tax (provision) benefit from realized gain on investments   -    
-
    
-
    9,612    9,612 
Realized losses on extinguishment of debt                  (118,147)   (118,147)
Net change in unrealized appreciation (depreciation) on investments   -    
-
    
-
    2,873,561    2,873,561 
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    
-
    
-
    (226,702)   (226,702)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    
-
    
-
    (6,434,106)   (6,434,106)
Capital Share Transactions:                         
Proceeds from issuance of common stock   392,826    392    11,513,992    
-
    11,514,383 
Stock dividend distribution   41,520    42    1,114,886    
-
    1,114,929 
Repurchases of common stock   (50,000)   (50)   (1,292,843)   
-
    (1,292,893)
Repurchase fees             (1,000)   
-
    (1,000)
Offering costs   -    -    (127,433)   
-
    (127,433)
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles   -    
-
    (4,704,545)   4,704,545    
-
 
Balance at February 28, 2022   12,131,350   $12,131   $328,062,246   $27,706,146   $355,780,523 
Increase (Decrease) from Operations:                         
Net investment income   -    
-
    
-
    7,976,222    7,976,222 
Net realized gain (loss) from investments   -    
-
    
-
    162,509    162,509 
Income tax (provision) benefit from realized gain on investments   -    
-
    
-
    69,250    69,250 
Net change in unrealized appreciation (depreciation) on investments   -    
-
    
-
    (9,333,449)   (9,333,449)
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    
-
    
-
    (361,951)   (361,951)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    
-
    
-
    (6,428,817)   (6,428,817)
Capital Share Transactions:                         
Stock dividend distribution   42,825    43    1,108,637    
-
    1,108,680 
Repurchases of common stock   (142,177)   (142)   (3,734,174)   
-
    (3,734,316)
Repurchase fees   -    
-
    (2,840)   
-
    (2,840)
Balance at May 31, 2022   12,031,998   $12,032   $325,433,869   $19,789,910   $345,235,811 

 

           Capital in   Total
Distributable		     
   Common Stock   Excess of   Earnings     
   Shares   Amount   Par Value   (Loss)   Net Assets 
Increase (Decrease) from Operations:                    
Net investment income   -    -    -    7,698,014    7,698,014 
Net realized gain (loss) from investments   -    -    -    7,943,838    7,943,838 
Realized losses on extinguishment of debt   -    -    -    (1,204,809)   (1,204,809)
Net change in unrealized appreciation (depreciation) on investments   -    -    -    (13,258,456)   (13,258,456)
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    -    -    (230,154)   (230,154)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    -    -    (6,369,981)   (6,369,981)
Capital Share Transactions:                         
Stock dividend distribution   48,590    49    1,088,139    
-
    1,088,188 
Repurchases of common stock   (153,350)   (154)   (3,685,951)   
-
    (3,686,105)
Repurchase fees   -    -    (3,071)   -    (3,071)
Balance at August 31, 2022   11,927,238   $11,927   $322,832,986   $14,368,362   $337,213,275 
                          
Increase (Decrease) from Operations:                         
Net investment income   -    -    -    9,877,437    9,877,437 
Net realized gain (loss) from investments   -    -    -    (740,434)   (740,434)
Income tax (provision) benefit from realized gain on investments   -    -    -    479,318    479,318 
Net change in unrealized appreciation (depreciation) on investments   -    -    -    (3,176,208)   (3,176,208)
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    -    -    (425,848)   (425,848)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    -    -    (6,433,298)   (6,433,298)
Capital Share Transactions:                         
Stock dividend distribution   52,312    53    1,150,881    -    1,150,934 
Repurchases of common stock   (94,071)   (95)   (2,179,600)   -    (2,179,695)
Repurchase fees   -    -    (1,881)   -    (1,881)
Balance at November 30, 2022   11,885,479   $11,885   $321,802,386   $13,949,329   $335,763,600 
                          
Increase (Decrease) from Operations:                         
Net investment income   -    -    -    9,649,474    9,649,474 
Net realized gain (loss) from investments   -    -    -    80,683    80,683 
Realized losses on extinguishment of debt   -    -    -    (382,274)   (382,274)
Net change in unrealized appreciation (depreciation) on investments   -    -    -    10,549,981    10,549,981 
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments   -    -    -    (697,380)   (697,380)
Decrease from Shareholder Distributions:                         
Distributions of investment income – net   -    -    -    (8,081,306)   (8,081,306)
Capital Share Transactions:                         
Stock dividend distribution   53,615    55    1,300,405    -    1,300,460 
Repurchases of common stock   (48,594)   (49)   (1,224,175)   -    (1,224,224)
Repurchase fees   -    -    (972)   -    (972)
Tax reclassification of stockholders’ equity in accordance with generally accepted accounting principles   -    -    16,162    (16,162)   - 
Balance at February 28, 2023   11,890,500   $11,891   $321,893,806   $25,052,345   $346,958,042