CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Assets
Loan receivable held at carrying value, net	$ 130,733,630	$ 0
Current expected credit loss reserve	(21,782)	0
Loans held for investment at carrying value, net of current expected credit loss reserve	130,711,848	0
Cash and cash equivalents	184,626,770	31,244,622
Interest receivable	1,138,561	0
Prepaid expenses and other assets	1,058,601	0
Total assets	317,535,780	31,244,622
Liabilities
Accrued interest	131,617	0
Dividends payable	2,941,964	0
Current expected credit loss reserve	18,398	0
Accrued management and incentive fees	393,063	0
Accrued direct administrative expenses	715,574	0
Accounts payable and other liabilities	357,417	10,000
Line of credit payable		0
Total liabilities	203,398,033	10,000
Commitments and contingencies (Note 7)
Shareholders' equity
Member's equity		31,234,622
Preferred stock, par value $0.01 per share, 10,000 and 0 shares authorized at December 31, 2024 and 2023 and 0 shares issued and outstanding at December 31, 2024 and 2023, respectively	0	0
Common stock, par value $0.01 per share, 50,000,000 and 0 shares authorized at December 31, 2024 and 2023 and 7,004,676 and 0 shares issued and outstanding at December 31, 2024 and 2023, respectively	70,047	0
Additional paid-in capital	115,022,034	0
Accumulated (deficit) earnings	(954,334)	0
Total shareholders' equity	114,137,747	31,234,622
Total liabilities and shareholders' equity	317,535,780	31,244,622
Nonrelated Party
Liabilities
Line of credit payable	123,840,000	$ 0
Related Party
Liabilities
Line of credit payable	$ 75,000,000