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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Investment Income:      
Interest Income, Operating, Total $ 23,801,570 $ 22,671,611 $ 22,813,597
Total payment-in-kind interest income 1,320,239 311,190 2,490,026
Total dividend income 101,755 296,126 0
Total payment-in-kind dividend income 691,972 0 0
Total other fee income 768,617 869,486 1,385,352
Total investment income 26,684,153 24,431,365 26,688,975
Expenses:      
Interest expense 8,413,409 6,633,587 7,359,079
Base management fees 4,201,394 4,594,588 4,716,233
Income-based incentive fees 401,597 (348,670) 0
Provision for tax expense 294,330 270,618 268,992
Professional fees 984,290 1,302,513 1,514,186
Allocation of administrative costs from Adviser 966,045 1,247,205 1,397,069
Amortization of deferred debt issuance costs 693,333 621,111 1,107,497
Amortization of original issue discount 2026 Notes 71,110 71,110 17,777
Insurance expense 506,963 512,347 454,324
Directors' fees 302,500 302,500 312,500
Custodian and administrator fees 292,267 334,214 333,168
Other expenses 516,160 446,330 473,385
Total expenses 17,643,398 15,987,453 17,954,210
Waiver of base management fees (387,311) (480,032) (366,951)
Waiver of income-based incentive fees 0 0 0
Net expenses 17,256,087 15,507,421 17,587,259
Net Investment Income 9,428,066 8,923,944 9,101,716
Net realized gain (loss) from investments      
Net realized gain (loss) from investments (26,890,095) (14,395,431) (5,776,334)
Net change in unrealized appreciation (depreciation) in value of investments      
Net change in unrealized appreciation (depreciation) on investments 20,696,532 8,058,117 (5,639,207)
Total realized gain (loss) and change in unrealized appreciation (depreciation) on investments (6,193,563) (6,337,314) (11,415,541)
Net increase (decrease) in net assets resulting from operations $ 3,234,503 $ 2,586,630 $ (2,313,825)
Net investment income per share, Basic $ 0.66 $ 0.62 $ 0.65
Net investment income per share, Diluted 0.66 0.62 0.65
Earnings per share - Basic 0.22 0.18 (0.17)
Earnings per share - diluted $ 0.22 $ 0.18 $ (0.17)
Weighted average shares of common stock outstanding - Basic 14,389,163 14,304,641 13,908,612
Weighted average shares of common stock outstanding - diluted 14,389,163 14,304,641 13,908,612
Distributions paid per common share $ 0.63 $ 0.6 $ 0.69
Non-controlled, non-affiliated investments      
Investment Income:      
Interest Income, Operating, Total $ 23,822,181 $ 22,641,798 $ 22,716,304
Total payment-in-kind interest income 1,250,169 102,720 2,334,246
Total dividend income 101,755 0 0
Total payment-in-kind dividend income 691,972 0 0
Total other fee income 768,617 868,727 1,383,850
Net realized gain (loss) from investments      
Net realized gain (loss) from investments (26,890,095) (6,198,762) (5,776,334)
Net change in unrealized appreciation (depreciation) in value of investments      
Net change in unrealized appreciation (depreciation) on investments 21,966,347 2,898,538 525,501
Affiliate Investments      
Investment Income:      
Interest Income, Operating, Total 20,611 29,813 97,293
Total payment-in-kind interest income 70,070 208,470 155,780
Total dividend income 0 296,126 0
Total payment-in-kind dividend income 0 0 0
Total other fee income 0 759 1,502
Net realized gain (loss) from investments      
Net realized gain (loss) from investments 0 (8,196,669) 0
Net change in unrealized appreciation (depreciation) in value of investments      
Net change in unrealized appreciation (depreciation) on investments $ (1,269,815) $ 5,159,579 $ (6,164,708)