STOCKHOLDER DIVIDENDS AND INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2021

STOCKHOLDER DIVIDENDS AND INCOME TAXES [Abstract]

The following table reflects the dividends per share that the Company has declared on its common stock during the six months ended June 30, 2021:

	Distributions
During the Quarter Ended	Per Share		Amount
June 30, 2021	$	0.050	$	664,714

The following table reflects the dividends per share that the Company has declared on its common stock during the year ended June 30, 2020:

	Distributions
During the Quarter Ended	Per Share		Amount
September 30, 2019	$	0.175	$	1,983,801
December 31, 2019		0.175		2,096,915
March 31, 2020		0.120		1,461,875
	$	0.470	$	5,542,591

Income Components of Dividends Paid to Stockholders

The tax character of dividends paid to stockholders for the tax year ended December 31, 2019 (the most recent tax year ended completed and filed), is as follows:

	December 31, 2019
Capital gain	$	2,415,285
Ordinary income		3,085,298
Return of capital		24,521
Total dividends	$	5,525,104

Components of Undistributed Earnings on Tax Basis

The components of undistributed earnings on a tax basis as of December 31, 2019 is as follows:

		December 31, 2019
Unrealized fair value appreciation		$	4,813,649

Aggregate Gross Unrealized Appreciation, Depreciation, and Cost Basis of Investments

The following table presents the aggregate gross unrealized appreciation, depreciation, and cost basis of investments for income tax purposes as of:

	June 30, 2020
Aggregate gross unrealized appreciation	$	4,054,329
Aggregate gross unrealized depreciation		(12,067,004	)
Net unrealized appreciation (depreciation)	$	(8,012,675	)

Aggregate cost (tax basis)	$	101,717,821