Investments - Summary of Changes in Assets Measured at Fair Value Using Significant Unobservable Inputs (Details) - USD ($)
|
3 Months Ended |
6 Months Ended |
9 Months Ended |
Sep. 30, 2023 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Change in unrealized appreciation/depreciation included in earnings related to Level 3 investments still held at reporting date |
$ 2,599,652
|
$ 92,817
|
|
$ 2,700,796
|
$ (5,092,921)
|
| Level 3 |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Ending balance, of Level 3 Assets |
|
|
$ 50,167,417
|
55,096,711
|
50,167,417
|
| Total realized losses, net |
|
|
|
(649,863)
|
(1,273,539)
|
| Total unrealized gains (losses) |
|
|
|
1,808,190
|
1,675,841
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
18,895,546
|
3,677,233
|
| Repayments and sales of securities |
|
|
|
(7,665,887)
|
(699,477)
|
| Ending balance, of Level 3 Assets |
67,484,697
|
53,547,475
|
|
67,484,697
|
53,547,475
|
| Change in unrealized appreciation/depreciation included in earnings related to Level 3 investments still held at reporting date |
|
|
0
|
(701,940)
|
|
| Level 3 | Clearview Social |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
10,432
|
38,881
|
| Repayments and sales of securities |
|
|
|
(10,432)
|
(38,881)
|
| Level 3 | Givegab |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
|
1,919
|
| Repayments and sales of securities |
|
|
|
|
(1,919)
|
| Level 3 | Microcision |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
58,329
|
190,000
|
| Total unrealized gains (losses) |
|
|
|
|
25,000
|
| Repayments and sales of securities |
|
|
|
(58,329)
|
(300,000)
|
| Level 3 | New Monarch |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
|
(22,841)
|
| Total unrealized gains (losses) |
|
|
|
|
22,841
|
| Level 3 | Social Flow |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
(4,941)
|
(1,481,498)
|
| Total unrealized gains (losses) |
|
|
|
|
1,628,000
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
4,941
|
|
| Repayments and sales of securities |
|
|
|
|
(268,502)
|
| Level 3 | Swanson |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
100,115
|
|
| Level 3 | Somerset |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
(448,717)
|
|
| Total unrealized gains (losses) |
|
|
|
594,097
|
|
| Repayments and sales of securities |
|
|
|
(270,380)
|
|
| Level 3 | Caitec |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
55,822
|
54,704
|
| Level 3 | DSD |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
2,537,765
|
|
| Total unrealized gains (losses) |
|
|
|
(886,698)
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
31,652
|
364,633
|
| Repayments and sales of securities |
|
|
|
(6,776,699)
|
|
| Level 3 | Open Exchange |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total unrealized gains (losses) |
|
|
|
(701,940)
|
|
| Level 3 | Filterworks |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
204,489
|
232,936
|
| Level 3 | FSS |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
2,320,000
|
|
| Repayments and sales of securities |
|
|
|
(250,047)
|
|
| Level 3 | FCM |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
3,807,147
|
|
| Level 3 | GoNoodle |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
10,614
|
10,622
|
| Repayments and sales of securities |
|
|
|
|
(90,175)
|
| Level 3 | Hilton Displays |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
17,182
|
19,835
|
| Repayments and sales of securities |
|
|
|
(300,000)
|
|
| Level 3 | Highland |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
4,018,000
|
|
| Level 3 | INEA |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
4,332,836
|
|
| Level 3 | ITA |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
547,282
|
676,285
|
| Level 3 | Mattison |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
28,300
|
27,734
|
| Level 3 | Pressure Pro |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
3,068,446
|
|
| Level 3 | Seybert |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
93,720
|
2,279,234
|
| Level 3 | Sciaps |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
5,000
|
11,250
|
| Level 3 | Tilson |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
250,000
|
|
| Level 3 | Loan investments |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Ending balance, of Level 3 Assets |
|
|
15,503,404
|
14,578,351
|
15,503,404
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
763,171
|
499,546
|
| Repayments and sales of securities |
|
|
|
(3,171,434)
|
|
| Ending balance, of Level 3 Assets |
12,170,088
|
16,002,950
|
|
12,170,088
|
16,002,950
|
| Level 3 | Loan investments | Swanson |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
100,115
|
|
| Level 3 | Loan investments | Caitec |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
55,822
|
54,704
|
| Level 3 | Loan investments | DSD |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
31,652
|
364,633
|
| Repayments and sales of securities |
|
|
|
(3,171,434)
|
|
| Level 3 | Loan investments | ITA |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
547,282
|
52,475
|
| Level 3 | Loan investments | Mattison |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
28,300
|
27,734
|
| Level 3 | Debt investments |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Ending balance, of Level 3 Assets |
|
|
14,030,078
|
19,582,616
|
14,030,078
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
15,835,669
|
2,467,664
|
| Repayments and sales of securities |
|
|
|
(340,047)
|
(90,175)
|
| Ending balance, of Level 3 Assets |
35,078,238
|
16,407,567
|
|
35,078,238
|
16,407,567
|
| Level 3 | Debt investments | Filterworks |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
204,489
|
146,723
|
| Level 3 | Debt investments | FSS |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
2,320,000
|
|
| Repayments and sales of securities |
|
|
|
(40,047)
|
|
| Level 3 | Debt investments | FCM |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
3,807,147
|
|
| Level 3 | Debt investments | GoNoodle |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
10,614
|
10,622
|
| Repayments and sales of securities |
|
|
|
|
(90,175)
|
| Level 3 | Debt investments | Hilton Displays |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
17,182
|
19,835
|
| Repayments and sales of securities |
|
|
|
(300,000)
|
|
| Level 3 | Debt investments | Highland |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
3,018,000
|
|
| Level 3 | Debt investments | INEA |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
3,321,071
|
|
| Level 3 | Debt investments | Pressure Pro |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
3,038,446
|
|
| Level 3 | Debt investments | Seybert |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
93,720
|
2,279,234
|
| Level 3 | Debt investments | Sciaps |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
5,000
|
11,250
|
| Level 3 | Equity investments |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Ending balance, of Level 3 Assets |
|
|
$ 20,633,935
|
20,935,744
|
20,633,935
|
| Total realized losses, net |
|
|
|
(649,863)
|
(1,273,539)
|
| Total unrealized gains (losses) |
|
|
|
1,808,190
|
1,675,841
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
2,296,706
|
710,023
|
| Repayments and sales of securities |
|
|
|
(4,154,406)
|
(609,302)
|
| Ending balance, of Level 3 Assets |
$ 20,236,371
|
$ 21,136,958
|
|
20,236,371
|
21,136,958
|
| Level 3 | Equity investments | Clearview Social |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
10,432
|
38,881
|
| Repayments and sales of securities |
|
|
|
(10,432)
|
(38,881)
|
| Level 3 | Equity investments | Givegab |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
|
1,919
|
| Repayments and sales of securities |
|
|
|
|
(1,919)
|
| Level 3 | Equity investments | Microcision |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
58,329
|
190,000
|
| Total unrealized gains (losses) |
|
|
|
|
25,000
|
| Repayments and sales of securities |
|
|
|
(58,329)
|
(300,000)
|
| Level 3 | Equity investments | Rheonix |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
(2,802,731)
|
|
| Total unrealized gains (losses) |
|
|
|
2,802,731
|
|
| Level 3 | Equity investments | New Monarch |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
|
(22,841)
|
| Total unrealized gains (losses) |
|
|
|
|
22,841
|
| Level 3 | Equity investments | Social Flow |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
(4,941)
|
(1,481,498)
|
| Total unrealized gains (losses) |
|
|
|
|
1,628,000
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
4,941
|
|
| Repayments and sales of securities |
|
|
|
|
(268,502)
|
| Level 3 | Equity investments | Somerset |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
(448,717)
|
|
| Total unrealized gains (losses) |
|
|
|
594,097
|
|
| Repayments and sales of securities |
|
|
|
(270,380)
|
|
| Level 3 | Equity investments | DSD |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total realized losses, net |
|
|
|
2,537,765
|
|
| Total unrealized gains (losses) |
|
|
|
(886,698)
|
|
| Repayments and sales of securities |
|
|
|
(3,605,265)
|
|
| Level 3 | Equity investments | Open Exchange |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Total unrealized gains (losses) |
|
|
|
(701,940)
|
|
| Level 3 | Equity investments | Filterworks |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
|
86,213
|
| Level 3 | Equity investments | FSS |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Repayments and sales of securities |
|
|
|
(210,000)
|
|
| Level 3 | Equity investments | Highland |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
1,000,000
|
|
| Level 3 | Equity investments | INEA |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
1,011,765
|
|
| Level 3 | Equity investments | ITA |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
|
$ 623,810
|
| Level 3 | Equity investments | Pressure Pro |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
30,000
|
|
| Level 3 | Equity investments | Tilson |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Purchases of securities/changes to securities/non-cash conversions |
|
|
|
$ 250,000
|
|