RELATED PARTY ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2024

RELATED PARTY ARRANGEMENTS

Schedule of components of incentive fees

	For the years ended
	December 31, 2024		December 31, 2023		December 31, 2022
Investment income incentive fees incurred	$	10,045,966	$	10,189,888	$	3,782,151
Capital gains incentive fees reversed		—		(569,528)		(2,818,623)
Income incentive fee waiver		(1,826,893)		(307,442)		—
Incentive fees expense	$	8,219,073	$	9,312,918	$	963,528

	December 31, 2024		December 31, 2023
Investment income incentive fee currently payable	$	2,351,703	$	2,444,867
Investment income incentive fee deferred		757,857		440,313
Incentive fee payable	$	3,109,560	$	2,885,180