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CREDIT FACILITY - Interest Expense and Amortized Loan Fees (Details) - Senior Secured Revolving Credit Agreement - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CREDIT FACILITY      
Interest expense $ 14,723,463 $ 9,190,425 $ 5,231,698
Loan fee amortization 657,323 567,375 519,653
Total interest and financing expenses $ 15,380,786 $ 9,757,800 $ 5,751,351
Weighted average interest rate 7.90% 4.40% 2.80%
Effective interest rate (including fee amortization) 8.30% 4.80% 3.30%
Average debt outstanding $ 186,144,622 $ 204,276,134 $ 176,870,712
Cash paid for interest and unused fees $ 14,523,350 $ 9,034,765 $ 5,271,348