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RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2024
RELATED PARTY TRANSACTIONS [Abstract]  
Related Parties Fees and Expenses Incurred
The following table summarizes the related parties fees and expenses incurred by the Company for the years ended December 31, 2024 and December 31, 2023 and for the period from April 1, 2022 through December 31, 2022.


   
For the years ended December 31,
    
For the period from
April 1, 2022
through
December 31,
2022*
  
   
2024
    
2023
        
Affiliate Payments
                  
Income-based incentive fees
  
$
2,327,448
    
$
1,511,253
    
$
-
  
Management fee
    
1,504,239
      
1,013,764
      
336,432
  
Capital gains incentive fees
    
34,304
      
87,583
      
-
  
Total management and incentive fees earned
  
$
3,865,991
    
$
2,612,600
    
$
336,432
  
General and administrative expenses reimbursable to the Adviser
    
700,000
      
-
      
-
  
Total
  
$
4,565,991
    
$
2,612,600
    
$
336,432
  

* On November 8, 2022, our Board approved a change in our fiscal year end from March 31 to December 31.