Related Party Transactions (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2023 and 2022.

	For the three months ended September 30,					For the nine months ended September 30,
	2023		2022			2023			2022
Affiliate Payments
Management fees earned	$	1,055,421	$	1,020,949		$	3,137,033		$	3,041,359
Less: Outside Fees earned		-		(192,751	)		(130,000	)		(1,275,001	)
Base management fees, net		1,055,421		828,198			3,007,033			1,766,358
Incentive fees		545,966		519,223			2,532,026			1,500,129
Total management and incentive fees earned		1,601,387		1,347,421			5,539,059			3,266,487
General and administrative expenses reimbursable to Manager		1,144,907		980,949			3,533,493			2,132,419
Total	$	2,746,294	$	2,328,370		$	9,072,552		$	5,398,906