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Agreements and Related Party Transactions (Tables)

6 Months Ended

Dec. 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 periods ended December 31, 2024, June 30, 2024, June 30, 2023 and June 30, 2022:


		Six Months Ended December 31,		Twelve Months Ended June 30,
		2024		2024		2023		2022
Base management fees		$1,671,831		$3,800,693		$4,201,394		$4,594,588
Waiver of base management fees		(131,735)		(365,225)		(387,311)		(480,032)
Income-based incentive fees		501,540		(72,942)		401,597		(348,670)
Waiver of income-based incentive fees		—		—		—		—
Capital gains fee		—		—		—		—
Allocation of administrative costs from Adviser		382,064		1,360,194		966,045		1,247,205
Total net expense to affiliates		$2,423,700		$4,722,720		$5,181,725		$5,013,091

Schedule of Resulting from Transactions under the Advisory and Administration Agreements

The following table provides balances resulting from transactions under the Advisory and Administration Agreements with the Adviser as of December 31, 2024, June 30, 2024 and June 30, 2023:


		December 31, 2024		June 30, 2024		June 30, 2023
Due from affiliate		$—		$—		$—
Total amount due from affiliate		$—		$—		$—

Base management fees payable		$769,176		$816,777		$906,218
Income-based incentive fees payable		501,955		128,876		576,023
Capital gains fee payable		—		—		—
Allocation of administrative costs from Adviser payable(1)		27,868		52,874		172,308
Total amount due to affiliates		$1,298,999		$998,527		$1,654,549

(1)

Balances are reported within Accrued Expenses and Other Liabilities on the Consolidated Statements of Assets and Liabilities.