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RELATED PARTY ARRANGEMENTS - Investment Income Incentive Fee (Details) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
RELATED PARTY ARRANGEMENTS      
Incentive fees $ 2,124,835    
Incentive fee payable current $ 4,015,852   $ 2,083,928
Stellus Capital      
RELATED PARTY ARRANGEMENTS      
Pre-Incentive fee net investment income, quarter hurdle rate 2.00%    
Pre-Incentive fee net investment income, annual hurdle rate 8.00%    
Incentive fee paid to investment advisor $ 0    
Cumulative pre-incentive fee net rate of return 20.00%    
Incentive fees $ 2,124,835 $ 0  
Incentive fee payable 4,589,243   2,464,408
Incentive fee payable current 4,015,852   2,083,928
Stellus Capital | Payment in Kind (PIK)      
RELATED PARTY ARRANGEMENTS      
Incentive fee payable $ 573,391   $ 380,480
Stellus Capital | Scenario, Hurdle Rate Less Than 2.5%      
RELATED PARTY ARRANGEMENTS      
Pre-Incentive fee net investment income, quarter hurdle rate 2.50%    
Cumulative pre-incentive fee net rate of return 100.00%    
Stellus Capital | Scenario, Hurdle Rate Greater Than Than 2.5%      
RELATED PARTY ARRANGEMENTS      
Pre-Incentive fee net investment income, annual hurdle rate 10.00%