XML 43 R34.htm IDEA: XBRL DOCUMENT v3.23.3
Significant Agreements and Related Parties - Additional Information (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended 83 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Sep. 30, 2023
Mar. 31, 2022
Related Party Transaction [Line Items]              
Management fee calculated at annual rate of average adjusted gross assets     1.50%        
Management fees $ 899,000 $ 804,000 $ 2,652,000 $ 2,355,000      
Management fee payable 899,000   $ 899,000   $ 850,000 $ 899,000  
Income incentive fee calculation percentage on pre-incentive fee net investment income     20.00%        
Hurdle rate income incentive fee calculation on quarterly basis     1.75%        
Annualized hurdle rate on income incentive fee calculation     7.00%        
Percentage of net assets     1.75%        
Percentage of annualized pre-incentive fee net investment income subject to a catch-up provision     8.75%        
Receivable percentage of pre-incentive fee net investment income     20.00%        
Percentage of Cumulative pre incentive fee net return     20.00%        
Accrued incentive fees payable 1,879,000   $ 1,879,000   565,000 $ 1,879,000  
Incentive fees 763,000   2,315,000        
Incentive fee waiver       4,854,000      
Administration fees 420,000 221,000 1,056,000 704,000      
Great Elm Capital Management, Inc.,              
Related Party Transaction [Line Items]              
Aggregate cumulative realized capital gains percentage           20.00%  
Cumulative accrued incentive fees payable 1,879,000   1,879,000     $ 1,879,000  
Accrued incentive fees payable 1,300,000   1,300,000   565,000 1,300,000 $ 4,900,000
Incentive fees     2,315,000        
Incentive fee waiver       (4,854,000)      
Capital gains incentive fees accrual     0   0    
Administration fees 420,000 $ 221,000 1,056,000 $ 704,000      
Administrative expense payable $ 307,000   $ 307,000   $ 188,000 $ 307,000  
Minimum              
Related Party Transaction [Line Items]              
Hurdle rate income incentive fee calculation on quarterly basis     1.75%        
Maximum              
Related Party Transaction [Line Items]              
Hurdle rate income incentive fee calculation on quarterly basis     2.1875%        
Percentage of net assets     2.1875%