RELATED PARTY ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2023

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the three months ended				For the six months ended
	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
Investment income incentive fees incurred	$	2,603,004	$	—	$	4,727,839	$	—
Capital gains incentive fees reversed		—		(983,575)		(569,528)		(1,025,792)
Incentive fees expense (reversal)	$	2,603,004	$	(983,575)	$	4,158,311	$	(1,025,792)

	June 30, 2023		December 31, 2022
Investment income incentive fee currently payable	$	2,823,046	$	2,083,928
Investment income incentive fee deferred		353,349		380,480
Capital gains incentive fee deferred		—		569,528
Incentive fee payable	$	3,176,395	$	3,033,936