RELATED PARTY ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2024

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the three months ended				For the six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Investment income incentive fees incurred	$	2,542,530	$	2,603,004	$	5,051,640	$	4,727,839
Capital gains incentive fees reversed		—		—		—		(569,528)
Income incentive fee waiver		(1,622,542)		—		(1,826,893)		—
Incentive fees expense	$	919,988	$	2,603,004	$	3,224,747	$	4,158,311

	June 30, 2024		December 31, 2023
Investment income incentive fee currently payable	$	845,431	$	2,444,867
Investment income incentive fee deferred		589,653		440,313
Incentive fee payable	$	1,435,084	$	2,885,180