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Investments (Tables)
 3 Months Ended
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, 2025December 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 investments94,278,154 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,
20252024
Realized gains$210,070 $378,955 
Change in unrealized(41,184)8,048,712 
Dividends964,318 953,216 
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 liabilities9,053,308 
Net assets218,274,372 
DHCM’s portion of net assets$94,278,154 
For the Three Months Ended
March 31, 2025
Investment income$1,534,389 
Expenses480,997 
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)