Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2023

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 and amounts payable to the Manager for the three and six months ended June 30, 2023 and 2022.

	For the three months ended June 30,						For the six months ended June 30,
	2023			2022			2023			2022
Affiliate Payments
Management fees earned	$	1,049,813		$	1,013,298		$	2,081,612		$	2,020,411
Less: Outside Fees earned		(125,000	)		(364,500	)		(130,000	)		(1,082,251	)
Base management fees, net		924,813			648,798			1,951,612			938,160
Incentive fees		874,854			598,763			1,986,060			980,906
Total management and incentive fees earned		1,799,667			1,247,561			3,937,672			1,919,066
General and administrative expenses reimbursable to Manager		1,212,210			686,981			2,388,586			1,151,471
Total	$	3,011,877		$	1,934,542		$	6,326,258		$	3,070,537