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Consolidated Statements of Equity (Unaudited) - USD ($)
Total
Common Stock
Additional Paid-In-Capital
Accumulated Earnings(Deficit)
Balance at Dec. 31, 2022 $ 264,033,023 $ 176,859 $ 268,995,848 $ (5,139,684)
Balance (in Shares) at Dec. 31, 2022   17,685,952    
Issuance of common stock, net of offering costs 1,222,352 $ 799 1,221,553  
Issuance of common stock, net of offering costs (in Shares)   79,862    
Issuance of common stock in connection with initial public offering and concurrent private placement, net of offering costs, underwriting discounts and commissions 5,794,847 $ 3,958 5,790,889  
Issuance of common stock in connection with initial public offering and concurrent private placement, net of offering costs, underwriting discounts and commissions (in Shares)   395,779    
Stock-based compensation 402,179 $ 138 397,464 4,577
Stock-based compensation (in Shares)   (59,815)    
Dividends declared on common shares (17,098,254)     (17,098,254)
Net Income (Loss) 19,335,727     19,335,727
Balance at Jun. 30, 2023 273,689,874 $ 181,754 276,405,754 (2,897,634)
Balance (in Shares) at Jun. 30, 2023   18,101,778    
Balance at Mar. 31, 2023 272,123,328 $ 180,887 274,925,072 (2,982,631)
Balance (in Shares) at Mar. 31, 2023   18,088,683    
Issuance of common stock, net of offering costs 1,222,352 $ 799 1,221,553  
Issuance of common stock, net of offering costs (in Shares)   79,862    
Stock-based compensation 263,844 $ 68 259,129 4,647
Stock-based compensation (in Shares)   (66,767)    
Dividends declared on common shares (8,563,028)     (8,563,028)
Net Income (Loss) 8,643,378     8,643,378
Balance at Jun. 30, 2023 273,689,874 $ 181,754 276,405,754 (2,897,634)
Balance (in Shares) at Jun. 30, 2023   18,101,778    
Balance at Dec. 31, 2023 $ 271,853,391 $ 181,972 277,483,092 (5,811,673)
Balance (in Shares) at Dec. 31, 2023 18,197,192 18,197,192    
Issuance of common stock, net of offering costs $ 20,086,346 $ 13,068 20,073,111 167
Issuance of common stock, net of offering costs (in Shares)   1,306,803    
Stock-based compensation 1,367,626 $ 1,205 1,366,421  
Stock-based compensation (in Shares)   120,463    
Dividends declared on common shares (18,496,534)     (18,496,534)
Net Income (Loss) 17,914,076     17,914,076
Balance at Jun. 30, 2024 $ 292,724,905 $ 196,245 298,922,624 (6,393,964)
Balance (in Shares) at Jun. 30, 2024 19,624,458 19,624,458    
Balance at Mar. 31, 2024 $ 285,960,777 $ 191,003 291,858,521 (6,088,747)
Balance (in Shares) at Mar. 31, 2024   19,100,282    
Issuance of common stock, net of offering costs 6,233,012 $ 4,104 6,228,908  
Issuance of common stock, net of offering costs (in Shares)   410,360    
Stock-based compensation 836,333 $ 1,138 835,195  
Stock-based compensation (in Shares)   113,816    
Dividends declared on common shares (9,489,290)     (9,489,290)
Net Income (Loss) 9,184,073     9,184,073
Balance at Jun. 30, 2024 $ 292,724,905 $ 196,245 $ 298,922,624 $ (6,393,964)
Balance (in Shares) at Jun. 30, 2024 19,624,458 19,624,458