RELATED PARTY ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2023

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the years ended
	December 31, 2023		December 31, 2022		December 31, 2021
Investment income incentive fees incurred	$	10,189,888	$	3,782,151	$	3,043,470
Capital gains incentive fees reversed		(569,528)		(2,818,623)		2,867,131
Income incentive fee waiver		(307,442)		—		—
Incentive fees expense	$	9,312,918	$	963,528	$	5,910,601

	December 31, 2023		December 31, 2022
Investment income incentive fee currently payable	$	2,444,867	$	2,083,928
Investment income incentive fee deferred		440,313		380,480
Capital gains incentive fee deferred		—		569,528
Incentive fee payable	$	2,885,180	$	3,033,936