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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Non-controlled/non-affiliate, Controlled/affiliate, investment income:      
Dividend income $ 1,045,339 $ 1,546,675 $ 181,458
Other income 52,828 158,980 17,054
Total investment income 44,187,596 47,362,351 21,975,603
Operating expenses:      
Interest and other financing fees 12,745,236 14,194,984 5,798,315
Incentive fees (Note 6) 4,097,254 4,996,040 1,960,085
Management fees (Note 6) 4,464,449 5,183,339 3,467,163
Professional fees 2,460,268 1,525,307 1,356,001
General and administrative fees 612,444 535,638 609,391
Legal expenses 382,836 328,091 393,131
Director expenses 143,750 91,250 89,151
Total expenses before fee waivers 24,906,237 26,854,649 13,673,237
Management fee waiver (Note 6) 0 (633,649) (279,725)
Incentive fee waiver (Note 6) (1,283,530) (1,034,565) (2,185,968)
Total expenses after fee waivers 23,622,707 25,186,435 11,207,544
Net investment income before income tax 20,564,889 22,175,916 10,768,059
Excise tax expense 37,907 0 0
Net investment income 20,526,982 22,175,916 10,768,059
Net realized gain (loss):      
Net realized gain (loss) on investments 3,899,990 45,283 43,607
Net change in unrealized gain (loss):      
Net change in unrealized gain (loss) on investments 552,900 (3,449,646) (817,733)
Net gain (loss) 4,452,890 (3,404,363) (774,126)
Benefit (provision) for taxes on unrealized appreciation (depreciation) on investments (6,094,196) 0 0
Net increase (decrease) in net assets resulting from operations $ 18,885,676 $ 18,771,553 $ 9,993,933
Per common share data:      
Net investment income per share - basic (in dollars per share) $ 2.42 $ 3.02 $ 2.47
Net investment income per share - diluted (in dollars per share) 2.42 3.02 2.47
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) 2.23 2.56 2.29
Net increase (decrease) in net assets resulting from operations per share - diluted (in dollars per share) $ 2.23 $ 2.56 $ 2.29
Weighted average shares outstanding - basic (in shares) 8,480,833 7,349,990 4,351,453
Weighted average shares outstanding - diluted (in shares) 8,480,833 7,349,990 4,351,453
Non-controlled/Non-affiliate Investments [Member]      
Non-controlled/non-affiliate, Controlled/affiliate, investment income:      
Interest income $ 35,518,530 $ 42,194,403 $ 20,937,595
PIK interest income 4,069,038 3,099,419 495,426
Dividend income 839,055 1,498,864 181,458
Other income 188,222 159,915 257,368
Net realized gain (loss):      
Net realized gain (loss) on investments 3,899,990 45,283 43,607
Net change in unrealized gain (loss):      
Net change in unrealized gain (loss) on investments 4,784,046 (5,454,105) (803,113)
Controlled/Affiliate Investments [Member]      
Non-controlled/non-affiliate, Controlled/affiliate, investment income:      
Interest income 2,896,720 253,540 103,756
PIK interest income 469,747 90,372 0
Dividend income 206,284 47,811 0
Other income 0 18,027 0
Net change in unrealized gain (loss):      
Net change in unrealized gain (loss) on investments $ (4,231,146) $ 2,004,459 $ (14,620)