RELATED PARTY ARRANGEMENTS (Tables)

3 Months Ended

Mar. 31, 2024

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the three months ended
	March 31, 2024		March 31, 2023
Investment income incentive fees incurred	$	2,509,110	$	2,124,835
Capital gains incentive fees reversed		—		(569,528)
Income incentive fee waiver		(204,351)		—
Incentive fees expense	$	2,304,759	$	1,555,307

	March 31, 2024		December 31, 2023
Investment income incentive fee currently payable	$	2,232,367	$	2,444,867
Investment income incentive fee deferred		512,706		440,313
Incentive fee payable	$	2,745,073	$	2,885,180