Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2025

Related Party Transactions [Abstract]

Schedule of Summarizes The Related Party Fees and Expenses

The following table summarizes the related party fees and expenses incurred by the Company for the three and six months ended June 30, 2025 and 2024.

	For the three months ended June 30,						For the six months ended June 30,
	2025			2024			2025			2024
Affiliate Payments
Management fees earned	$	1,224,052		$	1,107,613		$	2,436,848		$	2,181,922
Less: Outside Fees earned		(133,046	)		(15,500	)		(136,617	)		(31,571	)
Base management fees, net		1,091,006			1,092,113			2,300,231			2,150,351
Incentive fees		841,951			682,767			1,368,259			1,379,270
Total management and incentive fees earned		1,932,957			1,774,880			3,668,490			3,529,621
General and administrative expenses reimbursable to Manager		1,155,787			1,106,965			2,304,556			2,344,755
Total	$	3,088,744		$	2,881,845		$	5,973,046		$	5,874,376

Schedule of Summarizes The Related Party Transactions Payable

The following table presents amounts payable to the Manager as of June 30, 2025 and December 31, 2024:

			December 31,
	June 30, 2025		2024
Management fees payable	$	1,091,006	$	925,671
Incentive fees payable		841,951		1,937,487
Management and incentive fees payable		1,932,957		2,863,158
General and administrative expenses reimbursable to Manager		1,872,082		2,043,403
Total	$	3,805,039	$	4,906,561