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Consolidated Statements of Assets and Liabilities - USD ($)
Jun. 30, 2023
Jun. 30, 2022
Assets    
Non-controlled, non-affiliated investments, at fair value (amortized cost of $218,999,566 and $254,172,763, respectively) $ 210,150,018 $ 223,037,183
Affiliated investments, at fair value (amortized cost of $23,979,565 and $23,395,242, respectively) 9,961,311 10,646,803
Total investments, at fair value (amortized cost of $242,979,131 and $277,568,005, respectively) 220,111,329 233,683,986
Cash 1,093,758 2,550,021
Cash, restricted 8,057,458 6,605,056
Principal receivable 93,581 835,043
Interest receivable 2,041,877 2,298,443
Payment-in-kind interest receivable 46,088 2,137
Other receivables 1,050 0
Prepaid expenses and other assets 361,719 410,401
Total Assets 231,806,860 246,385,087
Notes payable:    
Revolving credit facility 71,900,000 84,000,000
2026 Notes payable 65,000,000 65,000,000
Deferred debt issuance costs (1,220,556) (1,913,889)
Unamortized discount (195,553) (266,663)
Notes payable, net 135,483,891 146,819,448
Payable for investments purchased 1,795,297 246,984
Dividend payable 2,590,520 2,157,872
Income-based incentive fees payable 576,023 182,095
Base management fees payable 906,218 1,054,063
Interest payable 2,293,766 1,574,356
Directors' fees payable 15,755 20,780
Accrued expenses and other liabilities 445,082 820,097
Total Liabilities 144,106,552 152,875,695
Net Assets    
Common stock, par value $0.001 per share (100,000,000 shares authorized 14,391,775 and 14,385,810 shares issued and outstanding, respectively) 14,392 14,386
Additional paid-in capital 203,327,714 203,590,126
Distributable earnings (loss) (115,641,798) (110,095,120)
Total Net Assets 87,700,308 93,509,392
Total Liabilities and Net Assets $ 231,806,860 $ 246,385,087
Net Asset Value Per Share [1] $ 6.09 $ 6.5
[1] All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date.