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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2021
Sep. 30, 2022
Revenues        
Interest income $ 13,795,097 $ 4,141,323 $ 5,295,812 $ 35,478,178
Interest expense (861,348) (25,206) (41,918) (1,383,172)
Net interest income 12,933,749 4,116,117 5,253,894 34,095,006
Expenses        
Management and incentive fees, net 1,347,421 3,266,487
General and administrative expense 1,076,798 13,531 13,531 2,410,151
Organizational expense   35,065 104,291  
Provision for current expected credit losses 306,885 1,403,892
Professional fees 348,785 1,649,360
Stock based compensation 84,891 328,356
Total expenses 3,164,780 48,596 117,822 9,058,246
Net Income before income taxes 9,768,969 4,067,521 5,136,072 25,036,760
Income tax expense
Net Income $ 9,768,969 $ 4,067,521 $ 5,136,072 $ 25,036,760
Earnings per common share:        
Basic earnings per common share (in dollars per share) (in Dollars per share) $ 0.55 $ 0.83 $ 1.4 $ 1.42
Diluted earnings per common share (in dollars per share) (in Dollars per share) $ 0.55 $ 0.83 $ 1.4 $ 1.41
Weighted average number of common shares outstanding:        
Basic weighted average shares of common stock outstanding (in shares) (in Shares) 17,657,913 4,895,694 3,658,310 17,652,367
Diluted weighted average shares of common stock outstanding (in shares) (in Shares) 17,752,290 4,895,694 3,658,310 17,747,612