XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Accounting Policies [Abstract] |
Schedule of Dividends Payable | The Board of Directors declared the following dividends during the year ended December 31, 2024:
Quarter |  | Dividend/Share Amount |  |  | Record Date |  | Payment Date
1st |  | $ | 0.25 |  |  | March 13, 2024 |  | March 29, 2024
2nd |  | $ | 0.29 |  |  | May 31, 2024 |  | June 14, 2024
3rd |  | $ | 0.29 |  |  | August 30, 2024 |  | September 13, 2024
4th |  | $ | 4.20 |  |  | December 16, 2024 |  | January 24, 2025
On December 5, 2024, Rand's Board of Directors declared a dividend of $4.20 per share. The dividend was paid in the aggregate combination of 20% in cash and 80% in newly issued shares of common stock on January 24, 2025 to shareholders of record as of December 16, 2024. The Board of Directors declared the following dividends during the year ended December 31, 2023:
Quarter |  | Dividend/Share Amount |  |  | Record Date |  | Payment Date
1st |  | $ | 0.20 |  |  | March 13, 2023 |  | March 27, 2023
2nd |  | $ | 0.25 |  |  | May 31, 2023 |  | June 14, 2023
3rd |  | $ | 0.25 |  |  | August 31, 2023 |  | September 14, 2023
4th |  | $ | 0.25 |  |  | December 18, 2023 |  | December 29, 2023
4th |  | $ | 0.38 |  |  | December 18, 2023 |  | December 29, 2023
The Corporation’s Board of Directors declared the following dividends during the year ended December 31, 2024:
Quarter |  | Dividend/Share Amount |  |  | Record Date |  | Payment Date
1st |  | $ | 0.25 |  |  | March 13, 2024 |  | March 29, 2024
2nd |  | $ | 0.29 |  |  | May 31, 2024 |  | June 14, 2024
3rd |  | $ | 0.29 |  |  | August 30, 2024 |  | September 13, 2024
4th |  | $ | 4.20 |  |  | December 16, 2024 |  | January 24, 2025
Concentrations of Portfolio Company Values Compared to the Fair Value of the Corporation's Total Investment Portfolio | The following are the concentrations of the top five portfolio company values to the fair value of the Corporation’s total investment portfolio:
|  | December 31, 2024 |
Tilson Technology Management, Inc. (Tilson) |  |  | 16 | %
Seybert’s Billiards Corporation (Seybert’s) |  |  | 11 | %
BMP Food Service Supply Holdco, LLC (FSS) |  |  | 10 | %
Mattison Avenue Holdings LLC (Mattison) |  |  | 8 | %
Caitec, Inc. (Caitec) |  |  | 6 | %
|  | December 31, 2023 |
Tilson |  |  | 14 | %
FSS |  |  | 10 | %
Seybert’s |  |  | 8 | %
SciAps, Inc. (SciAps) |  |  | 7 | %
Inter-National Electronic Alloys LLC (INEA) |  |  | 6 | %

X
- Definition Summary of concentrations of the top five portfolio company values compared to fair value of the investment portfolio. + References No definition available. + Details
Name: | rand_SummaryOfConcentrationsOfTheTopFivePortfolioCompanyValuesComparedTofairValueOfTheInvestmentPortfolioTableTextBlock
Namespace Prefix: | rand_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-3 + Details
Name: | us-gaap_ScheduleOfDividendsPayableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration