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Investments (Tables) | 3 Months Ended
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Mar. 31, 2025
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, 2025 and December 31, 2024:
| As of
| March 31, 2025 |  | December 31, 2024
Fair value investments: |  |  |
Securities held in Consolidated Fund(a) | $ | 37,439,390 |  |  | $ | 35,583,162 |
Company-sponsored investments | $ | 27,092,193 |  |  | $ | 30,146,571 |
Company-sponsored equity method investments | 94,278,154 |  |  | 94,023,248 |
Total Investments | $ | 158,809,737 |  |  | $ | 159,752,981 |
(a) Of the securities held in the Consolidated Fund as of March 31, 2025, DHCM held $36.5 million and non-controlling shareholders held $0.9 million. Of the securities held in the Consolidated Fund as of December 31, 2024, DHCM held $35.4 million and non-controlling shareholders held $0.2 million.
Schedule of Investment Income | The components of net investment income (loss), net are as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Realized gains |  |  |  |  | $ | 210,070 |  |  | $ | 378,955 |
Change in unrealized |  |  |  |  | (41,184) |  |  | 8,048,712 |
Dividends |  |  |  |  | 964,318 |  |  | 953,216 |
Other |  |  |  |  | (13,235) |  |  | (15,205) |
Investment income (loss), net |  |  |  |  | $ | 1,119,969 |  |  | $ | 9,365,678 |
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 periods ended, March 31, 2025:
|  |  | As of
|  |  | March 31, 2025
Total assets |  |  | $ | 227,327,680 |
Total liabilities |  |  | 9,053,308 |
Net assets |  |  | 218,274,372 |
DHCM’s portion of net assets |  |  | $ | 94,278,154 |
|  |  | For the Three Months Ended
|  |  | March 31, 2025
Investment income |  |  | $ | 1,534,389 |
Expenses |  |  | 480,997 |
Net realized gains |  |  | 5,233,723 |
Change in unrealized |  |  | (3,029,924) |
Net income |  |  | 3,257,191 |
DHCM’s portion of net income |  |  | $ | (319,734) |

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