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Investments (Tables)
 9 Months Ended
Sep. 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 September 30, 2024 and December 31, 2023:
As of
September 30, 2024December 31, 2023
Fair value investments:
Company sponsored investments$66,575,315 $63,208,573 
Company sponsored equity method investments96,688,568 84,530,289 
Total Investments$163,263,883 $147,738,862 
Schedule of Investment Income
The components of net investment income (loss) are as follows:

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Realized gains$70,138 $211,446 $1,080,393 $1,017,983 
Change in unrealized8,620,510 (6,283,344)14,579,579 4,367,873 
Dividends997,553 1,457,543 2,773,166 4,497,091 
Other
(19,240)(22,597)(53,090)(160,453)
Investment income (loss), net$9,668,961 $(4,636,952)$18,380,048 $9,722,494 
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 nine-month periods ended, September 30, 2024:
As of
September 30, 2024
Total assets$211,042,839 
Total liabilities8,623,462 
Net assets202,419,377 
DHCM’s portion of net assets$96,688,568 
For the Three Months EndedFor the Nine Months Ended
September 30, 2024September 30, 2024
Investment income$929,969 $3,506,857 
Expenses420,777 1,241,399 
Net realized gains 120,769 3,313,234 
Change in unrealized 11,228,899 18,153,145 
Net income
11,858,860 23,731,837 
DHCM’s portion of net income
$5,804,877 $11,705,156