RELATED PARTY ARRANGEMENTS - Administration Agreement (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Administrative services expenses	$ 470,846	$ 447,381	$ 1,399,188	$ 1,388,602
Due to related parties related to interest paid by a borrower to the Company as administrative agent	0		0		$ 1,060,321
Stellus Capital | Administration agreement
Related Party Transaction [Line Items]
Administrative services expenses	389,595	$ 369,209	1,163,441	$ 1,162,527
Administrative services expenses payable	$ 389,595		$ 389,595		$ 343,817