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Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Interest income from loans $ 1,952,957 $ 1,992,495 $ 6,128,131 $ 5,888,843
Origination fees 360,376 441,271 1,201,494 1,342,077
Total revenue 2,313,333 2,433,766 7,329,625 7,230,920
Operating costs and expenses:        
Interest and amortization of deferred financing costs 537,218 614,389 1,831,037 1,856,079
Referral fees 847 361 1,847 1,652
General and administrative expenses 380,482 377,192 1,225,041 1,274,267
Total operating costs and expenses 918,547 991,942 3,057,925 3,131,998
Income from operations 1,394,786 1,441,824 4,271,700 4,098,922
Other income 4,500 4,500 13,500 29,380
Income before income tax expense 1,399,286 1,446,324 4,285,200 4,128,302
Income tax expense (650) (650)
Net income $ 1,399,286 $ 1,446,324 $ 4,284,550 $ 4,127,652
Basic and diluted net income per common share outstanding:        
—Basic $ 0.12 $ 0.13 $ 0.37 $ 0.36
—Diluted $ 0.12 $ 0.13 $ 0.37 $ 0.36
Weighted average number of common shares outstanding        
—Basic 11,438,651 11,461,052 11,438,658 11,477,133
—Diluted 11,438,651 11,461,052 11,438,658 11,477,133