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CREDIT FACILITY - Interest Expense and Amortized Loan Fees (Details) - Senior Secured Revolving Credit Agreement - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
CREDIT FACILITY      
Interest expense $ 3,697,085 $ 2,575,787 $ 11,263,132
Loan fee amortization 147,014 148,121 436,257
Total interest and financing expenses $ 3,844,099 $ 2,723,908 $ 11,699,389
Weighted average interest rate 8.20% 4.90% 7.80%
Effective interest rate (including fee amortization) 8.60% 5.20% 8.10%
Average debt outstanding $ 178,024,719 $ 207,437,767 $ 193,547,859
Cash paid for interest and unused fees $ 3,538,976 $ 2,548,660 $ 11,125,494