Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2025

Related Party Transactions [Abstract]

Schedule of Summarizes The Related Party Fees and Expenses

The following table summarizes related party fees and expenses for the three months ended March 31, 2025 and 2024.

	For the three months ended March 31,
	2025			2024
Affiliate Payments
Management fees earned	$	1,212,796		$	1,074,308
Less: Outside Fees earned		(3,571	)		(16,071	)
Base management fees, net		1,209,225			1,058,237
Incentive fees		526,308			696,504
Total management and incentive fees earned		1,735,533			1,754,741
General and administrative expenses reimbursable to Manager		1,148,769			1,237,790
Total	$	2,884,302		$	2,992,531

Schedule of Summarizes The Related Party Transactions Payable

The following table presents amounts payable to the Manager as of March 31, 2025 and December 31, 2024:

	March 31,		December 31,
	2025		2024
Management fees payable	$	1,209,225	$	925,761
Incentive fees payable		526,308		1,937,487
Management and incentive fees payable		1,735,533		2,863,248
General and administrative expenses reimbursable to Manager		1,586,509		2,043,403
Total	$	3,322,042	$	4,906,651