XML 44 R33.htm IDEA: XBRL DOCUMENT v3.23.2
Loans Held For Investment, Net (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Aug. 09, 2023
Jun. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Apr. 30, 2021
Loans Held For Investment, Net (Details) [Line Items]            
Portfolio comprised loans     $ 25 $ 22    
Outstanding principal   $ 329,200,000 329,200,000 318,000,000    
Aggregate loan commitments   351,400,000 351,400,000 $ 343,000,000    
Principal loan amount   $ 1,900,000 $ 35,900,000      
Floating rate loans percentage   87.90% 87.90% 83.10%    
Loan carrying value   $ 276,200,000 $ 276,200,000 $ 281,600,000    
Portfolio percentage   12.10% 12.10% 16.90%    
Fixed rate loans   $ 38,300,000 $ 38,300,000 $ 57,700,000    
Prime rate floor     3.25%      
Prime rate floor two     4.75%      
Prime rate floor three     5.50%      
Prime rate floor four     6.25%      
Prime rate floor five     7.00%      
Prime rate floor six     7.50%      
Prime rate floor seven     8.00%      
Prime rate floor eight     8.25%      
Prime rate floor nine     5.85%      
Interest rate   2.00% 2.00%      
Aggregate commitment     $ 50,000,000      
Loan advance $ 18,700,000          
Aggregate fair value   $ 309,852,814 309,852,814 329,237,824    
Unrecognized holding gain   $ 4,684,085 $ 4,684,085 10,035,714    
Weighted average discount percentage   16.31% 16.31%      
Accrued interest receivable   $ 994,812 $ 994,812 $ 1,204,412    
Minimum [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Floating rate loans percentage   26.00% 26.00%      
Discount rates percentage     11.36%      
Maximum [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Floating rate loans percentage   74.00% 74.00%      
Discount rates percentage     24.79%      
PIK Initial Rate [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Aggregate loan   $ 15,900,000 $ 15,900,000      
Base Three [Member] | Loans [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Aggregate loan           $ 10,900,000
Second Commitment [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Second loan commitment         $ 2,000,000  
Base Ten [Member] | One Commitment [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Interest rate   13.625% 13.625%      
PIK [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Interest rate   2.75% 2.75%      
PIK Equal Rate [Member]            
Loans Held For Investment, Net (Details) [Line Items]            
Aggregate loan   $ 4,200,000 $ 4,200,000      
Interest rate   15.00% 15.00%