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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Dividend income $ 30,964 $ 960,887 $ 359,461 $ 1,370,807
Other income 0 0 34,798 53,325
Total investment income 9,440,331 12,991,114 33,456,449 34,415,243
Operating expenses:        
Interest and other financing fees 3,106,779 3,732,162 10,211,280 10,186,333
Management fees (Note 6) 1,078,294 1,165,449 3,306,940 3,978,875
Incentive fees (Note 6) 801,653 1,415,068 3,145,659 3,878,026
Professional fees 384,728 404,968 1,189,807 1,113,595
General and administrative fees 130,727 115,602 443,769 357,763
Legal expenses 97,305 90,617 293,012 230,237
Director expenses 61,510 27,500 108,750 67,500
Total expenses before fee waivers 5,660,996 6,951,366 18,699,217 19,812,329
Management fee waiver (Note 6) 0 0 0 (552,269)
Incentive fee waiver (Note 6) (1,120,588) 0 (1,120,588) (1,034,565)
Total expenses after fee waivers 4,540,408 6,951,366 17,578,629 18,225,495
Net investment income 4,899,923 6,039,748 15,877,820 16,189,748
Net realized gain (loss):        
Net realized gain (loss) on investments 0 0 2,034,517 45,283
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments (226,441) (1,117,559) (10,862,337) 88,174
Net gain (loss) (226,441) (1,117,559) (8,827,820) 133,457
Net increase (decrease) in net assets resulting from operations $ 4,673,482 $ 4,922,189 $ 7,050,000 $ 16,323,205
Per common share data:        
Net investment income per share - basic (in dollars per share) $ 0.58 $ 0.79 $ 1.96 $ 2.24
Net investment income per share - diluted (in dollars per share) 0.58 0.79 1.96 2.24
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) 0.55 0.65 0.87 2.26
Net increase (decrease) in net assets resulting from operations per share - diluted (in dollars per share) $ 0.55 $ 0.65 $ 0.87 $ 2.26
Weighted average shares outstanding - basic (in shares) 8,507,138 7,600,742 8,099,067 7,239,429
Weighted average shares outstanding - diluted (in shares) 8,507,138 7,600,742 8,099,067 7,239,429
Non-controlled/Non-affiliated Investments [Member]        
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Interest income $ 7,576,521 $ 11,157,418 $ 27,698,324 $ 31,031,859
PIK interest income 615,739 714,064 3,041,693 1,730,753
Dividend income 30,964 960,887 153,177 1,322,996
Other income 8,208 3,640 170,192 68,651
Net realized gain (loss):        
Net realized gain (loss) on investments 0 0 2,034,517 45,283
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments 540,742 (4,058,345) (3,558,865) (2,644,420)
Controlled/Affiliate Investments [Member]        
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Interest income 1,069,033 94,531 1,909,109 152,599
PIK interest income 139,866 60,574 277,670 60,574
Dividend income 0 0 206,284 47,811
Net realized gain (loss):        
Net realized gain (loss) on investments 0 0 0 0
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments $ (767,183) $ 2,940,786 $ (7,303,472) $ 2,732,594