RELATED PARTY ARRANGEMENTS - Investment Advisory Agreement (Details) - USD ($)	3 Months Ended
Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
RELATED PARTY ARRANGEMENTS
Payable to related party	$ 413,928		$ 1,060,321
Stellus Capital \| Investment Advisory Agreement
RELATED PARTY ARRANGEMENTS
Annual base management fee percentage	1.75%
Base management fee	$ 3,735,102	$ 3,492,713
Payable to related party	$ 4,557,841		$ 7,150,407

Carrying amount as of the balance sheet date of obligations due all related parties.

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+ Details