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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Interest income $ 16,527,304 $ 9,833,053
Interest expense (1,618,296) (72,268)
Net interest income 14,909,008 9,760,785
Expenses    
Management and incentive fees, net 2,138,005 671,505
General and administrative expense 1,274,825 556,141
Professional fees 569,375 556,904
Stock based compensation 138,335 120,940
Provision for current expected credit losses 96,119 51,343
Total expenses 4,216,659 1,956,833
Net Income before income taxes 10,692,349 7,803,952
Income tax expense
Net Income $ 10,692,349 $ 7,803,952
Earnings per common share:    
Basic earnings per common share (in Dollars per share) $ 0.6 $ 0.44
Diluted earnings per common share (in Dollars per share) $ 0.6 $ 0.44
Weighted average number of common shares outstanding:    
Basic weighted average shares of common stock outstanding (in Shares) 17,879,444 17,641,090
Diluted weighted average shares of common stock outstanding (in Shares) 17,960,103 17,737,975