Investments - Summary of Changes in Assets Measured at Fair Value Using Significant Unobservable Inputs (Details) - USD ($)
|
12 Months Ended |
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Change in unrealized appreciation/depreciation on investments for the period included in changes in net assets |
$ 2,972,084
|
$ (5,909,772)
|
$ 12,369,606
|
Net realized gain on investments for the period included in changes in net assets |
3,558,917
|
(5,312,259)
|
18,402,336
|
Level 3 |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Ending balance, of Level 3 Assets |
55,096,711
|
50,167,417
|
|
Total realized gains (losses) |
(667,688)
|
(1,258,637)
|
|
Total unrealized gains (losses) |
2,035,857
|
627,608
|
|
Purchases of securities/changes to securities/non-cash conversions |
21,599,244
|
7,790,450
|
|
Repayments and sales of securities |
(8,248,062)
|
(2,230,127)
|
|
Ending balance, of Level 3 Assets |
69,816,062
|
55,096,711
|
50,167,417
|
Change in unrealized appreciation/depreciation on investments for the period included in changes in net assets |
(474,273)
|
(1,048,233)
|
|
Level 3 | Clearview Social |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
10,432
|
53,783
|
|
Repayments and sales of securities |
(10,432)
|
(53,783)
|
|
Level 3 | Givegab |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
|
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 gains (losses) |
115,010
|
190,000
|
|
Total unrealized gains (losses) |
|
25,000
|
|
Repayments and sales of securities |
(115,010)
|
(300,000)
|
|
Level 3 | New Monarch |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
|
(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 gains (losses) |
(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 | Carolina Skiff |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(249,000)
|
657,000
|
|
Level 3 | Mercantile |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
3,440
|
|
|
Repayments and sales of securities |
(3,440)
|
|
|
Level 3 | Caitec |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(300,000)
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
301,128
|
73,326
|
|
Level 3 | DSD |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
2,459,819
|
|
|
Total unrealized gains (losses) |
(886,698)
|
886,698
|
|
Purchases of securities/changes to securities/non-cash conversions |
31,652
|
380,599
|
|
Repayments and sales of securities |
(6,698,753)
|
|
|
Level 3 | Knoa Software |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
(379,155)
|
|
Level 3 | OnCore |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
(200,000)
|
|
Level 3 | Open Exchange |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(701,940)
|
(4,168,060)
|
|
Level 3 | Post Process |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(100,000)
|
(248,875)
|
|
Level 3 | Rheonix |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
(2,802,731)
|
|
|
Total unrealized gains (losses) |
2,802,731
|
|
|
Level 3 | Somerset |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
(448,717)
|
|
|
Total unrealized gains (losses) |
594,097
|
(375,000)
|
|
Repayments and sales of securities |
(270,380)
|
|
|
Level 3 | First Coast Mulch |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
3,818,156
|
|
|
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 |
247,841
|
325,720
|
|
Level 3 | FSS |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
610,000
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
4,535,000
|
3,100,000
|
|
Repayments and sales of securities |
(850,047)
|
|
|
Level 3 | Swanson |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
266,667
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
100,115
|
|
|
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 |
14,170
|
14,142
|
|
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 |
22,523
|
26,587
|
|
Repayments and sales of securities |
(300,000)
|
|
|
Level 3 | All About People |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
4,049,187
|
|
|
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 |
4,349,839
|
|
|
Level 3 | ITA |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
(748,810)
|
|
Purchases of securities/changes to securities/non-cash conversions |
612,753
|
723,405
|
|
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 |
37,934
|
37,175
|
|
Level 3 | Empire |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Repayments and sales of securities |
|
(1,444,915)
|
|
Level 3 | Lumious |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Repayments and sales of securities |
|
(70,833)
|
|
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 |
3,093,436
|
|
|
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 |
125,569
|
2,504,496
|
|
Level 3 | Sciaps |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
2,152,984
|
|
Purchases of securities/changes to securities/non-cash conversions |
5,000
|
605,000
|
|
Level 3 | Tilson |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
1,374,985
|
|
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 |
14,578,351
|
15,503,404
|
|
Purchases of securities/changes to securities/non-cash conversions |
1,011,060
|
590,695
|
|
Repayments and sales of securities |
(3,171,434)
|
(1,515,748)
|
|
Ending balance, of Level 3 Assets |
12,417,977
|
14,578,351
|
15,503,404
|
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 |
228,606
|
73,326
|
|
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
|
380,599
|
|
Repayments and sales of securities |
(3,171,434)
|
|
|
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 | ITA |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
612,753
|
99,595
|
|
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 |
37,934
|
37,175
|
|
Level 3 | Loan investments | Empire |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Repayments and sales of securities |
|
(1,444,915)
|
|
Level 3 | Loan investments | Lumious |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Repayments and sales of securities |
|
(70,833)
|
|
Level 3 | Debt investments |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Ending balance, of Level 3 Assets |
19,582,616
|
14,030,078
|
|
Purchases of securities/changes to securities/non-cash conversions |
18,218,956
|
5,642,713
|
|
Repayments and sales of securities |
(940,047)
|
(90,175)
|
|
Ending balance, of Level 3 Assets |
36,861,525
|
19,582,616
|
14,030,078
|
Level 3 | Debt investments | First Coast Mulch |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
3,818,156
|
|
|
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 |
247,841
|
186,488
|
|
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 |
4,535,000
|
2,500,000
|
|
Repayments and sales of securities |
(640,047)
|
|
|
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 |
14,170
|
14,142
|
|
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 |
22,523
|
26,587
|
|
Repayments and sales of securities |
(300,000)
|
|
|
Level 3 | Debt investments | All About People |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
3,049,187
|
|
|
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 |
3,338,074
|
|
|
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 |
3,063,436
|
|
|
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 |
125,569
|
2,310,496
|
|
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
|
605,000
|
|
Level 3 | Equity investments |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Ending balance, of Level 3 Assets |
20,935,744
|
20,633,935
|
|
Total realized gains (losses) |
(667,688)
|
(1,258,637)
|
|
Total unrealized gains (losses) |
2,035,857
|
627,608
|
|
Purchases of securities/changes to securities/non-cash conversions |
2,369,228
|
1,557,042
|
|
Repayments and sales of securities |
(4,136,581)
|
(624,204)
|
|
Ending balance, of Level 3 Assets |
20,536,560
|
20,935,744
|
$ 20,633,935
|
Level 3 | Equity investments | Clearview Social |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
10,432
|
53,783
|
|
Repayments and sales of securities |
(10,432)
|
(53,783)
|
|
Level 3 | Equity investments | Givegab |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
|
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 gains (losses) |
115,010
|
190,000
|
|
Total unrealized gains (losses) |
|
25,000
|
|
Repayments and sales of securities |
(115,010)
|
(300,000)
|
|
Level 3 | Equity investments | New Monarch |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
|
(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 gains (losses) |
(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 | Carolina Skiff |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(249,000)
|
657,000
|
|
Level 3 | Equity investments | Mercantile |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
3,440
|
|
|
Repayments and sales of securities |
(3,440)
|
|
|
Level 3 | Equity investments | Caitec |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(300,000)
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
72,522
|
|
|
Level 3 | Equity investments | DSD |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
2,459,819
|
|
|
Total unrealized gains (losses) |
(886,698)
|
886,698
|
|
Repayments and sales of securities |
(3,527,319)
|
|
|
Level 3 | Equity investments | Knoa Software |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
(379,155)
|
|
Level 3 | Equity investments | OnCore |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
(200,000)
|
|
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)
|
(4,168,060)
|
|
Level 3 | Equity investments | Post Process |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
(100,000)
|
(248,875)
|
|
Level 3 | Equity investments | Rheonix |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
(2,802,731)
|
|
|
Total unrealized gains (losses) |
2,802,731
|
|
|
Level 3 | Equity investments | Somerset |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total realized gains (losses) |
(448,717)
|
|
|
Total unrealized gains (losses) |
594,097
|
(375,000)
|
|
Repayments and sales of securities |
(270,380)
|
|
|
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 |
|
139,232
|
|
Level 3 | Equity investments | FSS |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
610,000
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
|
600,000
|
|
Repayments and sales of securities |
(210,000)
|
|
|
Level 3 | Equity investments | Swanson |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
266,667
|
|
|
Level 3 | Equity investments | All About People |
|
|
|
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] |
|
|
|
Total unrealized gains (losses) |
|
(748,810)
|
|
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 | Seybert |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Purchases of securities/changes to securities/non-cash conversions |
|
194,000
|
|
Level 3 | Equity investments | Sciaps |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
2,152,984
|
|
Level 3 | Equity investments | Tilson |
|
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
Total unrealized gains (losses) |
|
$ 1,374,985
|
|
Purchases of securities/changes to securities/non-cash conversions |
$ 250,000
|
|
|