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CREDIT FACILITY - Interest Expense and Amortized Loan Fees (Details) - Senior Secured Revolving Credit Agreement - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CREDIT FACILITY    
Interest expense $ 3,238,636 $ 3,695,476
Loan fee amortization 264,707 143,822
Total interest and financing expenses $ 3,503,343 $ 3,839,298
Weighted average interest rate 8.50% 7.30%
Effective interest rate (including fee amortization) 9.10% 7.60%
Average debt outstanding $ 154,110,158 $ 204,426,259
Cash paid for interest and unused fees $ 3,180,209 $ 3,633,518