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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
From non-controlled/non-affiliated investments:    
Interest income $ 22,571,039 $ 12,589,528
Dividend income 448,334 467,467
Fee income 77,879 55,611
Total investment income 23,097,252 13,112,606
Expenses:    
Interest and credit facility fees 6,154,280 5,300,574
Management fees 1,504,233 716,752
Income incentive fee 1,677,360 692,650
Capital gain incentive fees (387,451) 141,129
Professional fees 1,029,670 600,151
Amortization of continuous offering costs 295,737 299,856
Administrative services expense 235,079 266,874
Amortization of deferred financing costs 164,196 171,594
Directors' fees and expenses 100,000 100,000
Other expenses 191,651 115,605
Total expenses 10,964,755 8,405,185
Expenses waived by the Advisor (Note 3) (162,124) (651,775)
Net expenses 10,802,631 7,753,410
Net investment income [1] 12,294,621 5,359,196 [2]
Net change in unrealized appreciation (depreciation):    
Derivative instruments (Note 5) (681,025) 0
Foreign currency and other transactions 156,820 0
Net change in unrealized appreciation (depreciation) [1] (4,437,183) 237,857 [2]
Realized gain (loss):    
Derivative instruments (Note 5) 0 0
Foreign currency and other transactions (8,201) 0
Net realized gain (loss) [1] 1,331,837 1,046,710 [2]
Net realized and unrealized gain (loss) (3,105,346) 1,284,567
Net increase (decrease) in net assets resulting from operations [1] 9,189,275 6,643,763 [2]
Non-controlled/Non-affiliated Investments [Member]    
Net change in unrealized appreciation (depreciation):    
Net change in unrealized appreciation (depreciation) (3,912,978) 237,857
Realized gain (loss):    
Net realized gain (loss) $ 1,340,038 $ 1,046,710
[1] There were no Class S or Class D shares outstanding for each of the periods presented.
[2] Common Shares issued and outstanding as of March 31, 2024, were issued pursuant to the Private Offering. As part of the Public Offering effective June 24, 2024, the Common Shares issued pursuant to the Private Offering became Class I shares. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.