Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of Carrying Values and Fair Values of the Company’s Financial Assets and Liabilities

As of March 31, 2026 and December 31, 2025, the carrying values and fair values of the Company’s financial assets and liabilities recorded at amortized cost are as follows:

			As of March 31, 2026				As of December 31, 2025
	Level		Carrying  Value		Fair Value		Carrying Value		Fair Value
Financial assets:
Loans held for investment		3	$	409,237,486	$	403,884,846	$	408,955,567	$	407,364,639
Cash and cash equivalents		1		27,855,945		27,855,945		14,948,884		14,948,884
Interest receivable		2		4,907,288		4,907,288		4,009,800		4,009,800
Other receivables and assets, net		2		2,562,700		2,562,700		874,245		874,245
Related party receivables		2		65,776		65,776		1,189,937		1,189,937
Financial liabilities:
Revolving loan		2		67,050,000		66,828,042		49,100,000		48,853,380
Notes payable, net		2		49,393,248		49,421,925		49,334,459		49,383,677
Dividend payable		2		11,347,028		11,347,028		11,157,220		11,157,220
Related party payables		2		1,453,942		1,453,942		2,214,920		2,214,920
Management and incentive fees payable		2		1,719,495		1,719,495		3,098,576		3,098,576
Interest payable		2		310,106		310,106		1,348,334		1,348,334
Accounts payable and other liabilities		2		1,242,135		1,242,135		834,977		834,977
Interest reserve		2		10,000		10,000		12,686		12,686