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Consolidated Statement of Operations (Unuadited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest and Dividend Income, Operating [Abstract]        
Investment, Type [Extensible Enumeration] Common Stock [Member]   Common Stock [Member]  
Total investment income $ 20,510,853 $ 8,856,837 $ 49,221,116 $ 22,178,041
Operating expenses        
Interest and other debt expenses 3,857,437 2,145,663 10,657,525 5,530,265
Incentive fees earned 1,813,026 740,028 4,111,708 2,315,617
Management fees 1,322,596 529,792 3,061,792 1,393,668
Administrative expenses 214,425 294,091 745,263 870,346
Incentive fees on capital gains [1] 204,428 0 204,428 0
Professional fees 201,384 258,351 747,186 400,931
Custody fees 124,053 59,446 281,708 156,263
Director fees 80,326 60,125 205,076 203,875
Insurance expense 7,232 7,234 21,697 21,700
Other operating expenses 153,389 111,705 556,105 292,334
Total operating expenses, before management fee and incentive fee waivers 8,024,103 4,206,435 20,643,591 11,184,999
Management fee and incentive fee waivers 0 (1,269,820) 0 (3,709,285)
Total operating expenses, net of management fee and incentive fee waivers 8,024,103 2,936,615 20,643,591 7,475,714
Net investment income 12,486,750 5,920,222 28,577,525 14,702,327
Realized and unrealized gain (loss) on investments and foreign currency        
Net realized gain (loss) (1,142,290) 76,663 (1,319,746) 74,852
Net change in unrealized appreciation (depreciation) 873,200 2,378,856 880,612 5,216,047
Net realized and unrealized gain (loss) (269,090) 2,455,519 (439,134) 5,290,899
Net increase (decrease) in net assets resulting from operations 12,217,660 8,375,741 28,138,391 19,993,226
Class S        
Operating expenses        
Distribution and servicing fees 45,805 0 51,101 0
Class D        
Operating expenses        
Distribution and servicing fees 2 0 2 0
Non-Controlled, Non-Affiliated Investments        
Interest and Dividend Income, Operating [Abstract]        
Interest income 20,260,005 8,680,540 48,587,961 21,731,413
PIK income 250,848 176,297 633,155 446,628
Realized and unrealized gain (loss) on investments and foreign currency        
Net realized gain (loss) 873,200 2,378,856 880,612 5,216,047
Net change in unrealized appreciation (depreciation) $ (1,142,290) $ 76,663 $ (1,319,746) $ 74,852
[1]

(1) Net investment income amounts displayed above are net of the accrual for incentive fees on capital gains which is reflected on a hypothetical liquidation basis in accordance with Generally Accepted Accounting Principles (“GAAP”) for the three and nine months ended September 30, 2024 (see Note 3).