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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2021
Jun. 30, 2022
Revenue        
Interest income $ 11,850,028 $ 1,154,489 $ 1,154,489 $ 21,683,081
Interest expense (449,556) (16,712) (16,712) (521,824)
Net interest income 11,400,472 1,137,777 1,137,777 21,161,257
Expenses        
Management and incentive fees, net 1,247,561 1,919,066
General and administrative expense 777,212 1,333,353
Provision for current expected credit losses 1,045,665 1,097,008
Organizational expense 69,226 69,226
Professional fees 743,670 1,300,574
Stock based compensation 122,525 243,465
Total expenses 3,936,633 69,226 69,226 5,893,466
Net Income before income taxes 7,463,839 1,068,551 1,068,551 15,267,791
Income tax expense
Net Income $ 7,463,839 $ 1,068,551 $ 1,068,551 $ 15,267,791
Earnings per common share:        
Basic earnings per common share (in dollars per share) (in Dollars per share) $ 0.42 $ 0.45 $ 0.44 $ 0.87
Diluted earnings per common share (in dollars per share) (in Dollars per share) $ 0.42 $ 0.45 $ 0.44 $ 0.86
Weighted average number of common shares outstanding:        
Basic weighted average shares of common stock outstanding (in shares) (in Shares) 17,657,913 2,355,559 2,407,329 17,649,548
Diluted weighted average shares of common stock outstanding (in shares) (in Shares) 17,752,413 2,355,559 2,407,329 17,745,234