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Agreements and Related Party Transactions (Tables) | 9 Months Ended
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Mar. 31, 2024
Related Party Transactions [Abstract] |
Summary of Related Party Transactions under the Advisory and Administration Agreements | The following table provides a summary of related party transactions under the Advisory and Administration Agreements with the Adviser for the three and nine months ended March 31, 2024 and 2023:
|  | For the three months ended March 31, |  | For the nine months ended March 31,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Base management fees |  | $ | 951,799 |  | $ | 1,043,306 |  | $ | 2,910,978 |  | $ | 3,204,391
Waiver of base management fees |  |  | (97,431) |  |  | (89,939) |  |  | (292,326) |  |  | (296,566)
Income-based incentive fees |  |  | — |  |  | — |  |  | (72,942) |  |  | (147,145)
Waiver of income-based incentive fees |  |  | — |  |  | — |  |  | — |  |  | —
Capital gains fee |  |  | — |  |  | — |  |  | — |  |  | —
Allocation of administrative costs from Adviser |  |  | 225,856 |  |  | 375,900 |  |  | 1,118,276 |  |  | 1,127,700
Total net expense to affiliates |  | $ | 1,080,224 |  | $ | 1,329,267 |  | $ | 3,663,986 |  | $ | 3,888,380
The following table provides a summary of related party transactions under the Advisory and Administration Agreements with the Adviser as of March 31, 2024 and June 30, 2023:
|  | As of March 31, |  | As of June 30,
|  | 2024 |  | 2023
Due from affiliate |  | $ | 175,916 |  | $ | —
Total amount due from affiliate |  | $ | 175,916 |  | $ | —
Base management fees payable |  | $ | 854,328 |  | $ | 906,218
Income-based incentive fees payable |  |  | 128,876 |  |  | 576,023
Capital gains fee payable |  |  | — |  |  | —
Allocation of administrative costs from Adviser payable(1) |  |  | 133,376 |  |  | 172,308
Total amount due to affiliates |  | $ | 1,116,580 |  | $ | 1,654,549
(1) Balances are reported within Accrued Expenses and Other Liabilities on the Consolidated Statements of Assets and Liabilities.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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