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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 942,675 $ 207 937,821 4,647
Stock-based compensation (in Shares)   (52,967)    
Dividends declared on common shares (25,520,229)     (25,520,229)
Net income 29,312,725     29,312,725
Balance at Sep. 30, 2023 275,785,393 $ 181,823 276,946,111 (1,342,541)
Balance (in Shares) at Sep. 30, 2023   18,108,626    
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    
Stock-based compensation 540,426 $ 69 540,357  
Stock-based compensation (in Shares)   6,848    
Dividends declared on common shares (8,421,905)     (8,421,905)
Net income 9,976,998     9,976,998
Balance at Sep. 30, 2023 275,785,393 $ 181,823 276,946,111 (1,342,541)
Balance (in Shares) at Sep. 30, 2023   18,108,626    
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 $ 20,040,214 $ 13,095 20,026,952 167
Issuance of common stock, net of offering costs (in Shares)   1,309,503    
Stock-based compensation 2,213,150 $ 1,278 2,211,872  
Stock-based compensation (in Shares)   127,787    
Dividends declared on common shares (27,765,708)     (27,765,708)
Net income 29,125,711     29,125,711
Balance at Sep. 30, 2024 $ 295,466,758 $ 196,345 299,721,916 (4,451,503)
Balance (in Shares) at Sep. 30, 2024 19,634,482 19,634,482    
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    
Issuance of common stock, net of offering costs (46,132) $ 27 (46,159)  
Issuance of common stock, net of offering costs (in Shares)   2,700    
Stock-based compensation 845,524 $ 73 845,451  
Stock-based compensation (in Shares)   7,324    
Dividends declared on common shares (9,269,175)     (9,269,175)
Net income 11,211,636     11,211,636
Balance at Sep. 30, 2024 $ 295,466,758 $ 196,345 $ 299,721,916 $ (4,451,503)
Balance (in Shares) at Sep. 30, 2024 19,634,482 19,634,482