Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Unfunded Commitments on Existing Loans

As of September 30, 2023 and December 31, 2022, the Company had the following unfunded commitments on existing loans.

	As of September 30, 2023			As of December 31, 2022
Total original loan commitments	$	355,941,661		$	351,367,706
Less: drawn commitments		(344,737,661	)		(336,323,706	)
Total undrawn commitments	$	11,204,000		$	15,044,000

Schedule of Material Commitments

The following table summarizes our material commitments as of September 30, 2023:

Commitments due by period
	2023		2024		2025		2026		2027		Thereafter		Total
Undrawn commitment	$	-	$	7,000,000	$	204,000	$	4,000,000	$	-	$	-	$	11,204,000
Revolving loan		-		63,000,000		-		-		-		-		63,000,000
Total	$		$	70,000,000	$	204,000	$	4,000,000	$	-	$	-	$	74,204,000