XML 46 R33.htm IDEA: XBRL DOCUMENT
v3.25.3

RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table summarizes the related party costs incurred by the Company for the three and nine months ended September 30, 2025 and 2024:
| Three months ended September 30, |  | Nine months ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Affiliate costs |  |  |  |  |  |  |
Base management fees | $ | 697,936 |  |  | $ | 422,238 |  |  | $ | 1,387,076 |  |  | $ | 422,238 |
Incentive fees earned | 374,338 |  |  | — |  |  | 374,338 |  |  | — |
General and administrative expenses reimbursable to Manager | 565,412 |  |  | 482,887 |  |  | 1,710,239 |  |  | 482,887 |
Professional fees reimbursable to Manager | 19,668 |  |  | 9,983 |  |  | 37,562 |  |  | 9,983 |
Total | $ | 1,657,354 |  |  | $ | 915,108 |  |  | $ | 3,509,215 |  |  | $ | 915,108 |

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

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration