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Statements of Assets and Liabilities - USD ($)
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash equivalents (cost of $40,637,084 and $51,236,068, respectively) $ 40,637,084 $ 51,236,068
Cash 287,628 698,579
Interest and distributions receivable 1,531,132 2,002,161
Other assets 1,029,174 1,070,958
Total assets 278,857,481 306,739,111
LIABILITIES    
Securities purchased not settled 5,944,969
Accrued interest payable 1,703,438 1,703,438
Accrued expenses 1,030,008 1,017,581
Base Fee and Net Investment Income Incentive Fee payable to affiliate 990,631 1,036,058
Total liabilities 155,592,439 161,334,309
COMMITMENTS AND CONTINGENCIES (Note 13)
NET ASSETS    
Common stock, $0.01 par value, 100,000,000 shares authorized; 93,449,336 and 86,060,964 shares issued and outstanding, respectively 934,494 860,610
Capital in excess of par value 535,621,842 523,040,484
Total distributable earnings/(accumulated losses) (413,291,294) (378,496,292)
Total net assets 123,265,042 145,404,802
Total liabilities and net assets $ 278,857,481 $ 306,739,111
Net asset value per common share (in Dollars per share) $ 1.32 $ 1.69
Notes payable – 5.50%    
LIABILITIES    
Notes payable $ 79,598,990 $ 79,503,925
Notes payable – 7.75%    
LIABILITIES    
Notes payable 72,269,372 72,128,338
Non-affiliated/non-control investments    
ASSETS    
Non-affiliated/non-control investments (cost: $372,980,864 and $390,403,599, respectively) $ 235,372,463 $ 251,731,345