XML 48 R38.htm IDEA: XBRL DOCUMENT
v3.23.1

RELATED PARTY TRANSACTIONS (Details) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2023 USD ($) qtr | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($)
Investment Advisory Agreement [Abstract] |  |  |
Management fee expenses incurred | $ 238,419 | $ 0 |
Management fee payable | 409,384 |  | $ 170,965
Income-based incentive fee expenses | 203,821 | 0 |
Income-based incentive fee payable | 203,821 |  | 0
Capital gains incentive fee expenses | 142,602 | 0 |
Capital gains incentive fee payable | 142,602 |  | 0
Due to affiliate | 0 |  | 37
Common stock purchased | $ 0 | $ 85,275,170 |
Investment Advisory Agreement [Member] |  |  |
Investment Advisory Agreement [Abstract] |  |  |
Percentage of management fee payable | 1.75% |  |
Number of recent quarters | qtr | 2 |  |
Duration of incentive fee payable | quarterly |  |
Percentage payable of Pre-Incentive Fee Net Investment Income | 20.00% |  |
Percentage payable of Pre-Incentive Fee Net Investment Income subject to a preferred return, or "hurdle" per quarter | 1.75% |  |
Percentage of Pre-Incentive Fee Net Investment Income subject to a preferred return, or "hurdle" per annum | 7.00% |  |
Percentage payable of realized capital gains on a cumulative basis | 20.00% |  |
Silver Spike Capital, LLC [Member] | IPO [Member] |  |  |
Investment Advisory Agreement [Abstract] |  |  |
Common stock purchased | $ 63,000,000 |  |
Percentage of voting stock held | 72.00% |  |
Cost of sales incurred | $ 2,070,000.00 |  |
Silver Spike Capital, LLC [Member] | Investment Advisory Agreement [Member] |  |  |
Investment Advisory Agreement [Abstract] |  |  |
Due to affiliate | 0 |  | 37
Payment of related party expenses | $ 984 |  | $ 387,373

X
- Definition Amount of expense for capital gains incentive fee based on performance under arrangement to manage operations, including, but not limited to, investment. + References No definition available. + Details
Name: | ssic_CapitalGainsIncentiveFeeExpense
Namespace Prefix: | ssic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of capital gains based fee payable for management of operations based on performance under arrangement, including, but not limited to, investment. + References No definition available. + Details
Name: | ssic_CapitalGainsIncentiveFeePayable
Namespace Prefix: | ssic_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The frequency of periodic incentive fee payable (monthly, quarterly, annual). + References No definition available. + Details
Name: | ssic_FrequencyOfIncentiveFeePayable
Namespace Prefix: | ssic_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of expense for income-based incentive fee based on performance under arrangement to manage operations, including, but not limited to, investment. + References No definition available. + Details
Name: | ssic_IncomeBasedIncentiveFeeExpense
Namespace Prefix: | ssic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of income-based fee payable for management of operations based on performance under arrangement, including, but not limited to, investment. + References No definition available. + Details
Name: | ssic_IncomeBasedIncentiveFeePayable
Namespace Prefix: | ssic_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | ssic_InvestmentAdvisoryAgreementAbstract
Namespace Prefix: | ssic_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The gross assets of most recent quarters. + References No definition available. + Details
Name: | ssic_NumberOfRecentQuarters
Namespace Prefix: | ssic_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of pre-incentive fee net investment income subject to a preferred return, or "hurdle" per annum. + References No definition available. + Details
Name: | ssic_PercentageOfPreIncentiveFeeNetInvestmentIncomeSubjectToPreferredReturnPerAnnum
Namespace Prefix: | ssic_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of voting stock. + References No definition available. + Details
Name: | ssic_PercentageOfVotingStockHeld
Namespace Prefix: | ssic_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage payable of pre-incentive fee net investment income. + References No definition available. + Details
Name: | ssic_PercentagePayableOfPreIncentiveFeeNetInvestmentIncome
Namespace Prefix: | ssic_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage payable of pre-incentive fee net investment income subject to a preferred return per quarter. + References No definition available. + Details
Name: | ssic_PercentagePayableOfPreIncentiveFeeNetInvestmentIncomeSubjectToPreferredReturnPerQuarter
Namespace Prefix: | ssic_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of realized capital gains on a cumulative basis from inception through the end of the fiscal year. + References No definition available. + Details
Name: | ssic_PercentagePayableOfRealizedCapitalGainsOnCumulativeBasis
Namespace Prefix: | ssic_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate underwriting discount and commissions incurred in connection with the initial public offering of its common stock. + References No definition available. + Details
Name: | ssic_UnderwritingDiscountsAndCommissions
Namespace Prefix: | ssic_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of payable due to an entity that is affiliated with the reporting entity by means of direct or indirect ownership. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04.12(3)) -URI https://asc.fasb.org/extlink&oid=120401414&loc=d3e603758-122996 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(3)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.17) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=124433192&loc=d3e56071-112765 + Details
Name: | us-gaap_DueToAffiliateCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expenses related to the managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 + Details
Name: | us-gaap_ManagementFeeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Carrying amount of the unpaid portion of the fee payable to the managing member or general partner for management of the fund or trust. + References No definition available. + Details
Name: | us-gaap_ManagementFeePayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Identify the stated interest rate per the agreement, for example, leasing and debt arrangements between related parties. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfRelatedPartyDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_StockIssuedDuringPeriodValueNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=ssic_InvestmentAdvisoryAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=ssic_SilverSpikeCapitalLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=us-gaap_IPOMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |