RELATED PARTY ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2024

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the three months ended				For the nine months ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Investment income incentive fees incurred	$	2,564,922	$	2,705,200	$	7,616,562	$	7,433,039
Capital gains incentive fees reversed		—		—		—		(569,528)
Income incentive fee waiver		—		—		(1,826,893)		—
Incentive fees expense	$	2,564,922	$	2,705,200	$	5,789,669	$	6,863,511

	September 30, 2024		December 31, 2023
Investment income incentive fee currently payable	$	2,474,420	$	2,444,867
Investment income incentive fee deferred		680,156		440,313
Incentive fee payable	$	3,154,576	$	2,885,180