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NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
loan
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
loan
NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES          
Loan interest $ 23,480,314 $ 23,514,608 $ 46,471,401 $ 45,399,697  
PIK income 805,814 1,134,900 1,555,868 1,904,853  
Fee amortization income 750,791 760,023 1,522,532 1,482,846  
Fee income acceleration 128,025 253,364 653,630 284,103  
Total Interest Income 25,164,944 $ 25,662,895 $ 50,203,431 $ 49,071,499  
Number of loans non-accrual status | loan     5   4
Loans non-accrual status percentage     4.90%   4.20%
Loans portfolio percentage     2.90%   1.30%
Income from investments on non accrual $ 4,028,863   $ 4,028,863   $ 7,545,775