XML 43 R37.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Summary of Significant Accounting Policies - Schedule of Changes in Investments Categorized as Level 3 (Details) - Level 3 - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Beginning balance $ 281,937,320 $ 107,279,231 $ 249,673,453 $ 76,785,839
Net realized and unrealized gains (losses) (916,344) 826,650 1,066,174 1,315,431
Acquisitions 107,417,382 [1] 23,633,028 [2] 154,580,711 [3] 50,767,725 [4]
Dispositions (71,871) (3,402,375) (737,479) (3,746,000)
Transfers into Level 3 15,014,034 [5] 780,512 [6] 10,212,328 [7] 4,260,887 [8]
Transfers out of Level 3 (2,219,272) [9] (1,804,889) [10] (13,633,938) [11] (2,071,725) [12]
Ending balance 401,161,249 127,312,157 401,161,249 127,312,157
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) (777,907) 826,650 1,395,230 1,283,123
Bank Debt        
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]        
Beginning balance 281,937,320 107,279,231 249,673,453 76,785,839
Net realized and unrealized gains (losses) $ (916,344) $ 826,650 $ 1,066,174 $ 1,315,431
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
Acquisitions $ 107,417,382 [1] $ 23,633,028 [2] $ 154,580,711 [3] $ 50,767,725 [4]
Dispositions (71,871) (3,402,375) (737,479) (3,746,000)
Transfers into Level 3 15,014,034 [5] 780,512 [6] 10,212,328 [7] 4,260,887 [8]
Transfers out of Level 3 (2,219,272) [9] (1,804,889) [10] (13,633,938) [11] (2,071,725) [12]
Ending balance 401,161,249 127,312,157 401,161,249 127,312,157
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (777,907) $ 826,650 $ 1,395,230 $ 1,283,123
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
[1] Includes payments received in kind and accretion of original issue and market discounts.
[2] Includes payments received in kind and accretion of original issue and market discounts.
[3] Includes payments received in kind and accretion of original issue and market discounts.
[4] Includes payments received in kind and accretion of original issue and market discounts.
[5] Comprised of four investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.
[6] Comprised of one investment that was transferred from Level 2 to Level 3 due to decreased observable market activity.
[7] Comprised of five investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.
[8] Comprised of three investments that were transferred from Level 2 to Level 3 due to decreased observable market activity.
[9] Comprised of two investments that were transferred from Level 3 to Level 2 due to increased observable market activity.
[10] Comprised of three investments that were transferred from Level 3 to Level 2 due to increased observable market activity.
[11] Comprised of four investments that were transferred from Level 3 to Level 2 due to increased observable market activity.
[12] Comprised of one investment that was transferred from Level 3 to Level 2 due to increased observable market activity.