Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2023		Sep. 30, 2022
Operating activities
Net income	$ 29,312,725		$ 25,036,760
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of deferred loan origination fees and other discounts	(1,989,374)	[1]	(2,139,972)
Paid-in-kind interest	(6,343,749)	[1]	(4,096,721)
Provision for current expected credit losses	1,193,880		1,403,892
Change in unrealized gain on debt securities, at fair value	(112,767)
Amortization of deferred debt issuance costs	405,778		379,644
Stock based compensation	942,605		328,356
Changes in operating assets and liabilities:
Interest receivable	(1,022,490)		(529,544)
Other receivables and assets, net	(146,364)		(172,699)
Interest reserve	(1,369,929)		(9,940,290)
Related party payables	271,268		1,100,201
Related party receivables	(3,824,900)
Purchase of debt securities, at fair value	(3,356,573)
Management and incentive fees payable	(1,694,213)		545,127
Accounts payable and accrued expenses	106,839		463,075
Net cash provided by operating activities	12,912,736		12,377,829
Cash flows from investing activities
Issuance of and fundings of loans held for investment	(67,422,648)		(134,314,003)
Proceeds from sales of loans held for investment	13,399,712		6,696,777
Principal repayment of loans held for investment	62,837,108	[1]	6,892,654
Net cash provided by/(used) in investing activities	8,814,172		(120,724,572)
Cash flows from financing activities
Proceeds from sale of common stock	7,222,363		4,505,664
Proceeds from borrowings on revolving loan	64,000,000		53,000,000
Repayment of borrowings on revolving loan	(59,000,000)
Dividends paid to common shareholders	(30,566,088)		(19,874,715)
Payment of debt issuance costs	(112,279)		(177,261)
Payment of offering costs	(284,574)		(23,941)
Net cash (used in)/provided by financing activities	(18,740,578)		37,429,747
Net increase/(decrease) in cash and cash equivalents	2,986,330		(70,916,996)
Cash and cash equivalents, beginning of period	5,715,827		80,248,526
Cash and cash equivalents, end of period	8,702,157		9,331,530
Supplemental disclosure of non-cash financing and investing activities
Interest reserve withheld from funding of loan	1,007,910		8,929,716
OID withheld from funding of loans held for investment	1,676,017		2,180,593
Dividends declared and not yet paid	8,568,252		8,409,628
Transfer of loan held for investment to loan held for sale	13,399,712
Supplemental information:
Interest paid during the period	$ 3,530,521		$ 646,278

[1] The difference between the Carrying Value and the Outstanding Principal amount of the loans consists of unaccreted original issue discount, deferred loan fees and other upfront fees. Outstanding principal balance includes capitalized PIK interest, if applicable.