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Investments (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, 2024 and December 31, 2023:
| As of
| June 30, 2024 |  | December 31, 2023
Fair value investments: |  |  |
Company sponsored investments | $ | 63,294,083 |  |  | $ | 63,208,573 |
Company sponsored equity method investments | 90,702,962 |  |  | 84,530,289 |
Total Investments | $ | 153,997,045 |  |  | $ | 147,738,862 |
Schedule of Investment Income | The components of net investment income (loss) are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Realized gains (losses) | $ | 631,300 |  |  | $ | (12,598) |  |  | $ | 1,010,255 |  |  | $ | 806,537 |
Change in unrealized | (2,089,643) |  |  | 4,843,046 |  |  | 5,959,069 |  |  | 10,651,217 |
Dividends | 822,397 |  |  | 1,530,260 |  |  | 1,775,613 |  |  | 3,039,548 |
Other | (18,645) |  |  | (84,000) |  |  | (33,850) |  |  | (137,856) |
Investment (loss) income, net | $ | (654,591) |  |  | $ | 6,276,708 |  |  | $ | 8,711,087 |  |  | $ | 14,359,446 |
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 and six-month periods ended, June 30, 2024:
|  |  | As of
|  |  | June 30, 2024
Total assets |  |  | $ | 195,843,131 |
Total liabilities |  |  | 8,241,975 |
Net assets |  |  | 187,601,156 |
DHCM’s portion of net assets |  |  | $ | 90,702,962 |
| For the Three Months Ended |  | For the Six Months Ended
| June 30, 2024 |  | June 30, 2024
Investment income | $ | 1,441,947 |  |  | $ | 2,576,888 |
Expenses | 434,129 |  |  | 820,622 |
Net realized gains | 1,038,400 |  |  | 3,192,465 |
Change in unrealized | (2,764,350) |  |  | 6,924,246 |
Net (loss) income | (718,132) |  |  | 11,872,977 |
DHCM’s portion of net (loss) income | $ | (374,341) |  |  | $ | 5,900,279 |

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