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Investments (Tables) | 3 Months Ended
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Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract] |
Summary of Market Value of Investments | The following table summarizes the carrying value of the Company’s investments as of March 31, 2024 and December 31, 2023:
| As of
| March 31, 2024 |  | December 31, 2023
Fair value investments: |  |  |
Company sponsored investments | $ | 63,845,000 |  |  | $ | 63,208,573 |
Company sponsored equity method investments | 91,077,301 |  |  | 84,530,289 |
Total Investments | $ | 154,922,301 |  |  | $ | 147,738,862 |
Schedule of Investment Income | The components of net investment income are as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2024 |  | 2023
Realized gains |  |  |  |  | $ | 378,955 |  |  | $ | 819,135 |
Change in unrealized |  |  |  |  | 8,048,712 |  |  | 5,808,171 |
Dividends |  |  |  |  | 953,216 |  |  | 1,509,288 |
Other |  |  |  |  | (15,205) |  |  | (53,856) |
Investment income, net |  |  |  |  | $ | 9,365,678 |  |  | $ | 8,082,738 |
Equity Method Investments | The following table includes the condensed summary financial information from the Company’s equity method investments as of and for the three-month period ended March 31, 2024:
|  |  | As of
|  |  | March 31, 2024
Total assets |  |  | $ | 191,222,441 |
Total liabilities |  |  | 4,685,754 |
Net assets |  |  | 186,536,687 |
DHCM’s portion of net assets |  |  | $ | 91,077,301 |
|  |  | For the Three Months Ended
|  |  | March 31, 2024
Investment income |  |  | $ | 1,134,941 |
Expenses |  |  | 386,493 |
Net realized gains |  |  | 2,154,065 |
Change in unrealized |  |  | 9,688,596 |
Net income |  |  | 12,591,109 |
DHCM’s portion of net income |  |  | $ | 6,274,620 |

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- Definition Tabular disclosure of investment income, including, but not limited to, interest and dividend income and amortization of discount (premium) derived from debt and equity securities. Excludes realized and unrealized gain (loss) on investments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(a),(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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