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LONG-TERM DEBT (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | Outstanding principal balances of Long-term debt comprises of the following:
| September 30, 2023 |  | December 31, 2022
| Cost |  | Fair value |  | Cost |  | Fair value
Market-indexed notes: |  |  |  |  |  |  |
LMATT Series 2024, Inc. | $ | 9,866,900 |  |  | $ | 9,311,800 |  |  | $ | 9,866,900 |  |  | $ | 8,067,291 |
LMATT Series 2.2024, Inc. | 2,333,391 |  |  | 3,027,681 |  |  | 2,333,391 |  |  | 2,354,013 |
LMATT Growth & Income Series 1.2026, Inc | 400,000 |  |  | 427,284 |  |  | 400,000 |  |  | 400,000 |
Secured borrowing: |  |  |  |  |  |  |
LMA Income Series, LP | 21,889,444 |  |  | 22,242,291 |  |  | 17,428,349 |  |  | 17,428,349 |
LMA Income Series II, LP | 24,535,851 |  |  | 24,535,851 |  |  | — |  |  | — |
Unsecured borrowing: |  |  |  |  |  |  |
Owl Rock Credit Facility | 25,000,000 |  |  | 25,000,000 |  |  | — |  |  | — |
SPV Purchase and Sale Note | 25,750,000 |  |  | 25,750,000 |  |  | — |  |  | — |
Sponsor PIK Note | 10,785,778 |  |  | 10,785,778 |  |  | — |  |  | — |
Deferred Financing Cost | (2,266,858) |  |  | (2,266,858) |  |  | — |  |  | — |
Total long-term debt | $ | 118,294,506 |  |  | $ | 118,813,827 |  |  | $ | 30,028,640 |  |  | $ | 28,249,653 |

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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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