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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities      
Net increase (decrease) in net assets resulting from operations $ 3,234,503 $ 2,586,630 $ (2,313,825)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Origination and purchase of investments (51,269,621) (144,746,910) (89,092,452)
Payment in-kind interest and dividends (1,968,260) (633,752) (2,973,330)
Sales and repayments of investments 61,928,745 153,877,788 108,183,417
Net realized (gain) loss on investments 26,890,095 14,395,431 5,776,334
Net change in unrealized appreciation/depreciation on investments (20,696,532) (8,058,117) 5,639,207
Amortization of discount/premium on investments (1,311,770) (2,662,806) (2,767,087)
Amortization of deferred debt issuance costs 693,333 621,111 1,107,497
Amortization of original issue discount 71,110 71,110 17,777
Net (increase) decrease in operating assets:      
Interest receivable 256,566 203,148 (199,950)
Payment-in-kind interest receivable (43,951) 39,610 472,896
Principal receivable 741,462 5,040,250 (4,298,563)
Other receivables (1,050) 427,208 708,355
Prepaid expenses and other assets 48,682 (34,204) (25,536)
Net increase (decrease) in operating liabilities:      
Payable for investments purchased 1,548,313 246,984 0
Interest payable 719,410 624,996 (51,092)
Directors fees payable (5,025) (8,079) 4,300
Accrued expenses and other liabilities (375,015) (294,737) 206,927
Base management fees payable (147,845) (16,517) (126,357)
Income-based incentive fees payable 393,928 (465,790) (59,911)
Net cash (used in) provided by operating activities 20,707,078 21,213,354 20,208,607
Cash Flows from Financing Activities:      
Payment for deferred financing costs 0 (1,300,000) (1,300,000)
Issuance of common shares 0 3,141,576 0
Distributions to stockholders (8,610,939) (8,505,056) (9,866,416)
Repayments of Term loan 0 (102,000,000) 0
Proceeds from 2026 Notes, net 0 0 64,644,450
Repayments of 2023 Notes 0 0 (51,375,000)
Proceeds from borrowing on revolving financing facility 46,900,000 182,835,346 0
Repayments of borrowing on revolving financing facility (59,000,000) (98,835,346) (30,000,000)
Net cash (used in) provided by financing activities (20,710,939) (24,663,480) (27,896,966)
Net change in cash (3,861) (3,450,126) (7,688,359)
Cash:      
Cash and restricted cash at beginning of year [2] 9,155,077 [1] 12,605,203 [1] 20,293,562
Cash and restricted cash at end of period [1] 9,151,216 9,155,077 [2] 12,605,203 [2]
Supplemental and non-cash financing cash flow information:      
Cash paid for interest 7,693,998 6,008,590 7,765,722
Cash paid for taxes 294,330 270,618 268,992
Issuance of shares pursuant to Dividend Reinvestment Plan 21,749 56,093 141,927
Non-cash purchase of investments (16,865,488) (2,903,400) (10,401,686)
Non-cash sale of investments $ 16,865,488 $ 2,903,400 $ 10,401,686
[1] Represents $1,093,758 and $2,550,021 of unrestricted cash as of June 30, 2023 and June 30, 2022, respectively, and $8,057,458 and $6,605,056 of restricted cash for the same periods.
[2] Represents $2,550,021 and $5,845,249 of unrestricted cash as of June 30, 2023 and June 30, 2022, respectively, and $6,605,056 and $6,759,954 of restricted cash for the same periods.