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RELATED PARTY TRANSACTIONS (Details)
9 Months Ended 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2023
USD ($)
qtr
Mar. 31, 2022
USD ($)
Investment Advisory Agreement [Abstract]        
Management fee expenses incurred $ 336,432 [1] $ 0 $ 1,013,764 $ 0
Management fee payable 170,965 [1]   257,121  
Income-based incentive fee expenses 0 [1]   1,511,253 0
Income-based incentive fee payable 0 [1]   1,511,253  
Capital gains incentive fee expenses 0 [1]   87,583 0
Capital gains incentive fee payable 0 [1]   87,583  
Common stock purchased 0   0 85,275,170
Distributions paid 0 [1]   8,263,217 0
Related Party [Member]        
Investment Advisory Agreement [Abstract]        
Due to affiliate 37 [1]   0  
Silver Spike Capital, LLC [Member] | IPO [Member]        
Investment Advisory Agreement [Abstract]        
Common stock purchased     $ 63,000,000  
Percentage of voting stock held     72.00%  
Cost of sales incurred     $ 1,230,000  
Investment Advisory Agreement [Member]        
Investment Advisory Agreement [Abstract]        
Percentage of management fee payable     1.75%  
Number of recent quarters | qtr     2  
Duration of incentive fee payable     quarterly  
Percentage payable of Pre-Incentive Fee Net Investment Income     20.00%  
Percentage payable of Pre-Incentive Fee Net Investment Income subject to a preferred return, or "hurdle" per quarter     1.75%  
Percentage of Pre-Incentive Fee Net Investment Income subject to a preferred return, or "hurdle" per annum     7.00%  
Percentage payable of realized capital gains on a cumulative basis     20.00%  
Investment Advisory Agreement [Member] | Related Party [Member]        
Investment Advisory Agreement [Abstract]        
Due to affiliate     $ 0 37
Investment Advisory Agreement [Member] | Silver Spike Capital, LLC [Member]        
Investment Advisory Agreement [Abstract]        
Expenses reimbursed to affiliate 12,145   6,192 387,373
Payment of related party expenses $ 2,086   $ 0 $ 0
[1] On November 8, 2022, our Board of Directors approved a change in our fiscal year end from March 31 to December 31.