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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2016
Dec. 31, 2015
OPERATING EXPENSES                
Management fees $ 15,698,129 $ 15,452,347 $ 14,848,174          
Valuation fees 380,239 373,628 351,752          
Administrative services expenses 1,916,283 1,908,191 1,810,576          
Income incentive fees 10,045,966 10,189,888 3,782,151          
Capital gains incentive fee reversal   (569,528) (2,818,623)          
Professional fees 1,190,232 1,455,372 1,103,693          
Directors' fees 412,000 406,000 329,000          
Insurance expense 499,913 492,596 503,907          
Interest expense and other fees 31,506,068 32,011,317 24,469,285          
Income tax expense 1,808,838 1,333,452 1,161,668          
Other general and administrative expenses 1,175,765 891,170 984,309          
Total Operating Expenses 64,633,433 63,944,433 46,525,892          
Income incentive fee waiver (1,826,893) (307,442)            
Total Operating Expenses, net of fee waivers 62,806,540 63,636,991 46,525,892          
Net Investment Income 41,929,593 42,210,577 28,586,684          
Net realized (loss) gain on non-controlled, non-affiliated investments (15,737,004) (30,211,467) 3,660,595          
Net realized loss on foreign currency translations (94,730) (112,481) (6,091)          
Net change in unrealized appreciation (depreciation) on controlled investments 19,570,409 2,792,152 (17,542,230)          
Net change in unrealized appreciation (depreciation) on non-controlled, non-affiliated investments 18,743,637 3,222,729 (17,542,230)          
Net change in unrealized (depreciation) appreciation on foreign currency translations (14,755) (6,504) 6,040          
Benefit (provision) for taxes on net unrealized depreciation (appreciation) on investments 188,893 (126,957) (213,214) $ 510,868 $ (224,877) $ (66,760) $ 373,131 $ (93,601)
Benefit for taxes on net realized loss on investments 2,221 2,987,847   $ (2,957,220)        
Net Increase in Net Assets Resulting from Operations $ 45,844,627 $ 17,533,167 $ 14,491,784          
Net Investment Income Per Share - basic $ 1.64 $ 1.92 $ 1.46          
Net Investment Income Per Share - diluted 1.64 1.92 1.46          
Net Increase in Net Assets Resulting from Operations Per Share Basic (in dollars per share) 1.79 0.8 0.74          
Net Increase in Net Assets Resulting from Operations Per Share Diluted (in dollars per share) $ 1.79 $ 0.8 $ 0.74          
Weighted Average Shares of Common Stock Outstanding Basic 25,596,593 22,004,648 19,552,931 19,489,750 19,471,500 18,275,696 12,479,959 12,479,961
Weighted Average Shares of Common Stock Outstanding Diluted 25,596,593 22,004,648 19,552,931 19,489,750 19,471,500 18,275,696 12,479,959 12,479,961
Distributions Per Share-basic and diluted $ 1.61 $ 1.61 $ 1.3          
Controlled investments                
INVESTMENT INCOME                
Interest income $ 81,636 $ 37,897            
OPERATING EXPENSES                
Net change in unrealized appreciation (depreciation) on controlled investments 826,772 (430,577)            
Non-controlled/non-affiliated                
INVESTMENT INCOME                
Interest income 99,804,184 101,978,891 $ 72,964,999          
Other income 4,850,313 3,830,780 2,147,577          
Total Investment Income $ 104,736,133 $ 105,847,568 $ 75,112,576