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EARNINGS PER SHARE - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2024
Earnings Per Share Reconciliation [Abstract]      
Net income attributable to common shareholders $ 7,767 $ 1,738,363 $ 5,014,451
Divided by:      
Basic weighted average shares of common stock outstanding (in shares) 6,889,032 6,800,500 6,800,500
Weighted average unvested restricted stock (in shares) 0 25,405 25,405
Diluted weighted average shares of common stock outstanding (in shares) 6,889,032 6,825,905 6,825,905
Basic weighted average earnings per common share (in dollars per share) $ 0 $ 0.26 $ 0.74
Diluted weighted average earnings per common share (in dollars per share) $ 0 $ 0.25 $ 0.73