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Investments (Tables) | 9 Months Ended
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Sep. 30, 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 September 30, 2025 and December 31, 2024:
|  | As of |
|  | September 30, 2025 |  |  | December 31, 2024 |
Fair value investments: |  |  |  |  |  |
Securities held in Consolidated Funds(a) |  | $ | 30,909,036 |  |  | $ | 35,583,162 |
Company-sponsored investments |  |  | 30,709,147 |  |  |  | 30,146,571 |
Company-sponsored equity method investments |  |  | 113,073,310 |  |  |  | 94,023,248 |
Total Investments |  | $ | 174,691,493 |  |  | $ | 159,752,981 |
(a) Of the securities held in the Consolidated Funds as of September 30, 2025, DHCM held $30.9 million and non-controlling shareholders held less than $0.1 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 September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Realized gains |  | $ | 4,018,635 |  |  | $ | 70,138 |  |  | $ | 8,056,139 |  |  | $ | 1,080,393 |
Change in unrealized |  |  | 3,079,834 |  |  |  | 8,620,510 |  |  |  | 12,686,379 |  |  |  | 14,579,579 |
Dividends |  |  | 1,113,959 |  |  |  | 997,553 |  |  |  | 2,036,620 |  |  |  | 2,773,166 |
Interest income |  |  | 296,646 |  |  |  | — |  |  |  | 1,427,991 |  |  |  | — |
Other |  |  | (15,344 | ) |  |  | (19,240 | ) |  |  | (38,745 | ) |  |  | (53,090 | )
Investment income, net |  | $ | 8,493,730 |  |  | $ | 9,668,961 |  |  | $ | 24,168,384 |  |  | $ | 18,380,048 |
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-and nine-month periods ended September 30, 2025:
|  | As of |
|  | September 30, 2025 |
Total assets |  | $ | 334,429,914 |
Total liabilities |  |  | 13,074,549 |
Net assets |  |  | 321,355,365 |
DHCM’s portion of net assets |  | $ | 113,073,310 |
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | September 30, 2025 |  |  | September 30, 2025 |
Investment income |  | $ | 1,560,446 |  |  | $ | 4,924,683 |
Expenses |  |  | 325,863 |  |  |  | 1,332,933 |
Net realized gains |  |  | 5,962,596 |  |  |  | 14,978,089 |
Change in unrealized |  |  | 8,433,250 |  |  |  | 26,453,698 |
Net income |  |  | 15,630,429 |  |  |  | 45,023,537 |
DHCM’s portion of net income |  | $ | 6,272,816 |  |  | $ | 17,756,125 |

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