Borrowings (Tables)

12 Months Ended

Dec. 31, 2024

Debt Instruments [Abstract]

Summary of Debt Obligations

Debt obligations consisted of the following as of December 31, 2024 and 2023:

	December 31, 2024				December 31, 2023
	Total Borrowing Capacity		Principal Outstanding		Total Borrowing Capacity		Principal Outstanding
SMBC Facility	$	300,000,000	$	249,000,000	$	—	$	—
SPV Facility		—		—		340,000,000		263,000,000
Revolving OCF II Loan		80,000,000		—		80,000,000		—
	$	380,000,000	$	249,000,000	$	420,000,000	$	263,000,000

Schedule of Components of Interest Expense

For the year ended December 31, 2024, 2023, and 2022, the components of interest expense were as follows:

	Year Ended December 31,
	2024			2023			2022
Interest expense	$	19,555,237		$	19,511,283		$	6,085,980
Amortization of deferred financing costs		974,490			1,111,667			834,681
Total interest and credit facility expense	$	20,529,727		$	20,622,950		$	6,920,661
Average debt outstanding	$	249,457,221		$	249,411,202		$	116,377,049
Weighted average interest rate		7.2	%		7.1	%		5.2	%