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Investments (Tables)
 6 Months Ended
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, 2024December 31, 2023
Fair value investments:
Company sponsored investments$63,294,083 $63,208,573 
Company sponsored equity method investments90,702,962 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,
2024202320242023
Realized gains (losses)$631,300 $(12,598)$1,010,255 $806,537 
Change in unrealized(2,089,643)4,843,046 5,959,069 10,651,217 
Dividends822,397 1,530,260 1,775,613 3,039,548 
Other
(18,645)(84,000)(33,850)(137,856)
Investment (loss) income, net$(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 liabilities8,241,975 
Net assets187,601,156 
DHCM’s portion of net assets$90,702,962 
For the Three Months EndedFor the Six Months Ended
June 30, 2024June 30, 2024
Investment income$1,441,947 $2,576,888 
Expenses434,129 820,622 
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