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Consolidated Statements of Operations - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Investment Income:        
Total interest income $ 8,684,559 $ 20,284,227 $ 23,801,570 $ 22,671,611
Total payment-in-kind interest income 2,371,478 2,106,424 1,320,239 311,190
Total dividend income 0 54,138 101,755 296,126
Total payment-in-kind dividend income 432,669 784,854 691,972 282,952
Total other fee income 134,051 648,659 768,617 869,486
Total investment income 11,622,757 23,878,302 26,684,153 24,431,365
Expenses:        
Interest expense 3,752,412 8,606,309 8,413,409 6,633,587
Base management fees 1,671,831 3,800,693 4,201,394 4,594,588
Income-based incentive fees 501,540 (72,942) 401,597 (348,670)
Professional fees 718,289 1,239,122 984,290 1,302,513
Allocation of administrative costs from Adviser 382,064 1,360,194 966,045 1,247,205
Amortization of deferred debt issuance costs 306,004 576,475 693,333 621,111
Amortization of original issue discount - 2026 Notes 35,555 71,110 71,110 71,110
Insurance expense 255,536 479,502 506,963 512,347
Directors' fees 175,852 294,907 302,500 302,500
Custodian and administrator fees 147,986 316,128 292,267 334,214
Other expenses 346,109 713,789 516,160 446,330
Total expenses 8,293,178 17,385,287 17,349,068 15,716,835
Waiver of base management fees (131,735)      
Waiver of income-based incentive fees 0      
Net expenses 8,161,443 17,020,062 16,961,757 15,236,803
Net investment income before taxes 3,461,314 6,858,240 9,722,396 9,194,562
Income tax expense, including excise tax expense 315,075 267,150 294,330 270,618
Net investment income after taxes 3,146,239 6,591,090 9,428,066 8,923,944
Net realized and unrealized gain/(loss) on investments:        
Net realized gain (loss) from investments (8,114,711) (13,971,537) (26,890,095) (14,395,431)
Net change in unrealized appreciation (depreciation) in value of investments        
Net change in unrealized appreciation (depreciation) on investments 11,010,561 3,287,977 20,696,532 8,058,117
Total realized gain (loss) and change in unrealized appreciation (depreciation) on investments 2,895,850 (10,683,560) (6,193,563) (6,337,314)
Net increase (decrease) in net assets resulting from operations $ 6,042,089 $ (4,092,470) $ 3,234,503 $ 2,586,630
Earnings per Common Share - Basic $ 0.42 $ (0.28) $ 0.22 $ 0.18
Earnings per Common Share - Diluted $ 0.42 $ (0.28) $ 0.22 $ 0.18
Weighted average shares of common stock outstanding - Basic 14,404,510 14,396,201 14,389,163 14,304,641
Weighted average shares of common stock outstanding - Diluted 14,404,510 14,396,201 14,389,163 14,304,641
Distributions paid per common share $ 0.24 $ 0.6 $ 0.63 $ 0.6
Income-Based Incentive Fees [Member]        
Expenses:        
Waiver of income-based incentive fees $ 0 $ 0 $ 0 $ 0
Base Management Fees [Member]        
Expenses:        
Waiver of base management fees (131,735) (365,225) (387,311) (480,032)
Non-controlled, non-affiliated investments        
Investment Income:        
Total interest income 8,680,899 20,271,776 23,822,181 22,641,798
Total payment-in-kind interest income 2,329,399 2,028,744 1,250,169 102,720
Total dividend income 0 54,138 101,755 0
Total payment-in-kind dividend income 432,669 784,854 691,972 282,952
Total other fee income 134,051 648,659 768,617 868,727
Net realized and unrealized gain/(loss) on investments:        
Net realized gain (loss) from investments (8,114,711) (7,731,553) (26,890,095) (6,198,762)
Net change in unrealized appreciation (depreciation) in value of investments        
Net change in unrealized appreciation (depreciation) on investments 11,819,426 1,797,807 21,966,347 2,898,538
Non-controlled, affiliated investments        
Investment Income:        
Total interest income 3,660 12,451 (20,611) 29,813
Total payment-in-kind interest income 42,079 77,680 70,070 208,470
Total dividend income 0 0 0 296,126
Total payment-in-kind dividend income 0 0 0 0
Total other fee income 0 0 0 759
Net realized and unrealized gain/(loss) on investments:        
Net realized gain (loss) from investments 0 (6,239,984) 0 (8,196,669)
Net change in unrealized appreciation (depreciation) in value of investments        
Net change in unrealized appreciation (depreciation) on investments $ (808,865) $ 1,490,170 $ (1,269,815) $ 5,159,579