RELATED PARTY ARRANGEMENTS - Investment Advisory Agreement (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
RELATED PARTY ARRANGEMENTS
Other liabilities	$ 216,657		$ 278,345
Related party | Investment Advisory Agreement | Stellus Capital
RELATED PARTY ARRANGEMENTS
Annual base management fee percentage	1.75%
Base management fee	$ 3,852,233	$ 3,735,102
Other liabilities	$ 1,852,233		$ 2,918,536