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Consolidated Statements of Equity - USD ($)
Total
Common Stock
Additional Paid-In-Capital
Accumulated Earnings
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 1,479,736 $ 356 1,474,802 4,578
Stock-based compensation (in Shares)   35,599    
Dividends declared on common shares (39,386,815)     (39,386,815)
Net Income (Loss) 38,710,248     38,710,248
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 $ 38,371,489 $ 24,893 38,346,429 167
Issuance of common stock, net of offering costs (in Shares)   2,489,290    
Stock-based compensation 3,058,674 $ 1,427 3,057,247  
Stock-based compensation (in Shares)   142,746    
Dividends declared on common shares (41,370,860)     (41,370,860)
Net Income (Loss) 37,045,403     37,045,403
Balance at Dec. 31, 2024 $ 308,958,097 $ 208,292 $ 318,886,768 $ (10,136,963)
Balance (in Shares) at Dec. 31, 2024 20,829,228 20,829,228