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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Dividend income $ 328,497 $ 243,416 $ 328,497 $ 409,920
Other income 18,026 12,605 34,798 53,325
Total investment income 11,559,332 11,250,899 24,016,118 21,424,129
Operating expenses:        
Interest and other financing fees 3,363,310 3,306,655 7,104,501 6,454,171
Incentive fees (Note 6) 1,118,488 1,398,432 2,344,006 2,462,958
Management fees (Note 6) 1,076,579 1,430,863 2,228,646 2,813,426
Professional fees 424,727 389,327 805,079 708,627
General and administrative fees 183,021 133,518 313,042 242,161
Legal expenses 114,189 69,754 195,707 139,620
Director expenses 23,620 20,274 47,240 40,000
Total expenses before fee waivers 6,303,934 6,748,823 13,038,221 12,860,963
Management fee waiver (Note 6) 0 (354,760) 0 (552,269)
Incentive fee waiver (Note 6) 0 (315,000) 0 (1,034,565)
Total expenses after fee waivers 6,303,934 6,079,063 13,038,221 11,274,129
Net investment income 5,255,398 5,171,836 10,977,897 10,150,000
Net realized gain (loss):        
Net realized gain (loss) on investments 2,034,517 45,283 2,034,517 45,283
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments (7,318,171) 1,911,331 (10,635,896) 1,205,733
Net gain (loss) (5,283,654) 1,956,614 (8,601,379) 1,251,016
Net increase (decrease) in net assets resulting from operations $ (28,256) $ 7,128,450 $ 2,376,518 $ 11,401,016
Per common share data:        
Net investment income per share - basic (in dollars per share) $ 0.66 $ 0.69 $ 1.39 $ 1.44
Net investment income per share - diluted (in dollars per share) 0.66 0.69 1.39 1.44
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) 0 0.96 0.3 1.62
Net increase (decrease) in net assets resulting from operations per share - diluted (in dollars per share) $ 0 $ 0.96 $ 0.3 $ 1.62
Weighted average shares outstanding - basic (in shares) 8,021,264 7,445,443 7,892,789 7,055,055
Weighted average shares outstanding - diluted (in shares) 8,021,264 7,445,443 7,892,789 7,055,055
Non-controlled/Non-affiliated Investments [Member]        
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Interest income $ 9,369,453 $ 10,157,119 $ 20,110,443 $ 19,874,441
PIK interest income 1,000,515 796,506 2,425,954 1,016,689
Dividend income 328,497 243,416 328,497 362,109
Other income 35,816 24,291 173,344 65,011
Net realized gain (loss):        
Net realized gain (loss) on investments 2,034,517 45,283 2,034,517 45,283
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments (1,166,412) 2,000,338 (4,099,607) 1,413,925
Controlled/Affiliate Investments [Member]        
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Interest income 732,350 29,567 840,076 58,068
PIK interest income 92,701 0 137,804 0
Dividend income 0 0 0 47,811
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments $ (6,151,759) $ (89,007) $ (6,536,289) $ (208,192)