Stockholders’ Equity (Tables)

6 Months Ended

Jun. 30, 2024

Stockholders’ Equity [Abstract]

Schedule of Restricted Stock Awards

Based on the closing market price of our common stock on June 30, 2024 and December 31, 2023, the aggregate intrinsic value of our restricted stock awards was as follows:

	As of June 30, 2024				As of December 31, 2023
	Outstanding		Vested		Outstanding		Vested
Aggregate intrinsic value	$	6,658,852	$	2,794,230	$	5,525,370	$	937,068

Schedule of Restricted Stock Activity

The following table summarizes the restricted stock activity for the Company’s directors and officers and employees of the Manager during the six months ended June 30, 2024 and 2023.

	Six months ended June 30, 2024			Weighted Average Grant Date Fair Value per Share
Balance at December 31, 2023		366,647		$	14.86
Granted		187,335		$	15.59
Vested		(120,463	)	$	14.89
Unvested Balance at June 30, 2024		433,519		$	15.17

	Six months ended June 30, 2023			Weighted Average Grant Date Fair Value per Share
Balance at December 31, 2022		80,984		$	15.71
Granted		321,500		$	14.75
Vested		(13,800	)	$	16.00
Forfeited		(1,147	)	$	16.00
Unvested Balance at June 30, 2023		387,537		$	14.90