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LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

Long-term debt comprises of the following:

		Six Months Ended June 30, 2023								Year Ended December 31, 2022
		Cost				Fair value				Cost				Fair value
Market-indexed notes:
LMATT Series 2024, Inc.		$	9,866,900			$	9,621,141			$	9,866,900			$	8,067,291
LMATT Series 2.2024, Inc.			2,333,391				3,446,527				2,333,391				2,354,013
LMATT Growth & Income Series 1.2026, Inc			400,000				459,553				400,000				400,000
Secured borrowing:
LMATT Income Series, LP			21,889,444				22,124,676				17,428,349				17,428,349
LMATT Income Series II, LP			20,041,851				20,041,851				—				—
Unsecured borrowing:
Sponsor PIK Note			10,471,648				10,471,648				—				—
Total long-term debt		$	65,003,234			$	66,165,396			$	30,028,640			$	28,249,653
SPV purchase and sale note		$	25,000,000			$	25,000,000				—				—

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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.

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