RELATED PARTY ARRANGEMENTS - Administration Agreement (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Administrative services expenses	$ 466,378	$ 466,903	$ 928,342	$ 941,221
Due to related parties related to interest paid by a borrower to the Company as administrative agent	775,794		775,794		$ 1,060,321
Stellus Capital | Administration agreement
Related Party Transaction [Line Items]
Administrative services expenses	390,410	$ 392,430	773,846	$ 793,318
Administrative services expenses payable	$ 390,410		$ 390,410		$ 343,817