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RELATED PARTY ARRANGEMENTS - Investment Income Incentive Fee (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
RELATED PARTY ARRANGEMENTS      
Incentive fees $ 10,189,888 $ 3,782,151 $ 3,043,470
Incentive fee payable current $ 2,444,867 2,083,928  
Related party | Investment Advisory Agreement | Stellus Capital      
RELATED PARTY ARRANGEMENTS      
Pre-Incentive fee net investment income, quarter hurdle rate 2.00%    
Pre-Incentive fee net investment income, annual hurdle rate 8.00%    
Incentive fee paid to investment advisor $ 0    
Cumulative pre-incentive fee net rate of return 20.00%    
Incentive fees $ 10,189,888 3,782,151 $ 3,043,470
Incentive fee payable 2,885,180 2,464,408  
Incentive fee payable current 2,444,865 2,083,928  
Income incentive fees written off 307,442    
Related party | Investment Advisory Agreement | Stellus Capital | Payment in Kind (PIK)      
RELATED PARTY ARRANGEMENTS      
Incentive fee payable $ 440,313 $ 380,480  
Related party | Investment Advisory Agreement | Stellus Capital | Scenario, Hurdle Rate Less Than 2.5%      
RELATED PARTY ARRANGEMENTS      
Pre-Incentive fee net investment income, quarter hurdle rate 2.50%    
Pre-Incentive fee net investment income, annual hurdle rate 10.00%    
Cumulative pre-incentive fee net rate of return 100.00%    
Related party | Investment Advisory Agreement | Stellus Capital | Scenario, Hurdle Rate Greater Than Than 2.5%      
RELATED PARTY ARRANGEMENTS      
Pre-Incentive fee net investment income, quarter hurdle rate 2.50%    
Pre-Incentive fee net investment income, annual hurdle rate 10.00%    
Cumulative pre-incentive fee net rate of return 20.00%