Hancock Park Corporate Income 10-Q 8 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 05, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Securities Act File Number	814-01185
Entity Registrant Name	Hancock Park Corporate Income, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	81-0850535
Entity Address, Address Line One	10 S. Wacker Drive
Entity Address, Address Line Two	Suite 2500
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60606
City Area Code	847
Local Phone Number	734-2000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,693,121
Entity Central Index Key	0001661306
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities (unaudited) - USD ($)	Sep. 30, 2024		Dec. 31, 2023
Assets:
Non-control/non-affiliate investments, at fair value (amortized cost of $42,210,574 and $46,495,627, respectively)	$ 38,238,085	[1],[2],[3]	$ 42,476,072	[4],[5],[6]
Cash and cash equivalents	2,470,786		807,831
Interest receivable	181,859		241,886
Prepaid expenses and other assets	33,399		105,376
Total assets	40,924,129		43,631,165
Liabilities:
Revolving line of credit	5,665,000		7,665,000
Unsecured note (net of discount and deferred debt issuance costs of $157,488 and $212,003, respectively)	14,842,512		14,787,997
Payable for investments purchased	2,025,369		0
Payable for repurchase of common stock	472,033		525,963
Distribution payable	143,238		155,292
Interest payable	78,393		78,120
Total liabilities	23,996,832		24,383,679
Commitments and contingencies (Notes 3 and 6)
Net assets:
Common stock, par value of $0.001 per share; 20,000,000 shares authorized, 1,693,121 and 1,835,599 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively	1,693		1,835
Paid-in capital in excess of par	22,507,962		23,990,525
Total accumulated losses	(5,582,358)		(4,744,874)
Total net assets	16,927,297		19,247,486
Total liabilities and net assets	$ 40,924,129		$ 43,631,165
Number of common shares outstanding (in shares)	1,693,121		1,835,599
Net asset value per share (in usd per share)	$ 10		$ 10.49
Affiliated Entity
Liabilities:
Due to adviser and affiliates (Note 3)	$ 480,718		$ 916,038
Other liabilities	480,718		916,038
Non-related party
Liabilities:
Due to adviser and affiliates (Note 3)	289,569		255,269
Other liabilities	$ 289,569		$ 255,269
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details.

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (unaudited) (Parenthetical) - USD ($)	Sep. 30, 2024		Dec. 31, 2023
Statement of Financial Position [Abstract]
Investments, amortized cost	$ 42,210,574	[1],[2]	$ 46,495,627	[3],[4]
Discount and deferred debt issuance costs	$ 157,488		$ 212,003
Common stock, par value (in usd per share)	$ 0.001		$ 0.001
Common stock, authorized (in shares)	20,000,000		20,000,000
Common stock, issued (in shares)	1,693,121		1,835,599
Common stock, outstanding (in shares)	1,693,121		1,835,599
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility.

Consolidated Statements of Oper

Consolidated Statements of Operations (unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investment income
Interest income	$ 1,419,520	$ 1,798,212	$ 4,549,533	$ 5,721,854
Dividend income	1,090	1,039	3,196	5,396
Fee income	1,775	2,681	38,063	16,105
Total investment income	1,422,385	1,801,932	4,590,792	5,743,355
Operating expenses
Interest expense	377,659	533,236	1,199,631	1,703,059
Base management fees	121,696	152,905	377,842	480,913
Incentive fees	96,023	124,141	330,146	395,860
Administrative fees	166,324	210,949	514,369	664,261
Professional fees	161,936	176,664	518,803	563,449
Excise taxes	9,723	0	9,723	0
Other expenses	104,933	107,474	319,693	341,723
Contractual Issuer Expenses (credits)	(6,023)	118,153	91,840	273,104
Amortization of deferred offering costs	3,765	5,390	18,211	12,622
Total operating expenses	1,036,036	1,428,912	3,380,258	4,434,991
Net expense (limitations) under agreements with the adviser (Note 3)	2,258	(300,699)	(110,051)	(560,780)
Net operating expenses	1,038,294	1,128,213	3,270,207	3,874,211
Net investment income	384,091	673,719	1,320,585	1,869,144
Net realized and unrealized gain (loss) on investments
Net realized loss on investments	0	0	(803,625)	(499,779)
Income tax (expense) benefit on net realized gains on investments	(8,000)	18,010	(8,000)	(11,834)
Net unrealized appreciation (depreciation) on investments	(909,460)	35,794	47,067	(518,831)
Deferred tax expense on net unrealized appreciation	(14,589)	(9,440)	(44,651)	(40,521)
Net gain (loss) on investments	(932,049)	44,364	(809,209)	(1,070,965)
Net increase (decrease) in net assets resulting from operations	$ (547,958)	$ 718,083	$ 511,376	$ 798,179
Net investment income per common share - basic (in usd per share)	$ 0.22	$ 0.35	$ 0.74	$ 0.95
Net investment income per common share - diluted (in usd per share)	0.22	0.35	0.74	0.95
Net increase (decrease) in net assets resulting from operations per common share - basic and diluted (in usd per share)	(0.32)	0.37	0.29	0.41
Distributions declared per common share (in usd per share)	$ 0.25	$ 0.25	$ 0.76	$ 0.76
Basic weighted-average common shares outstanding (in shares)	1,737,056	1,932,833	1,784,610	1,965,593
Diluted weighted-average common shares outstanding (in shares)	1,737,056	1,932,833	1,784,610	1,965,593

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance (in shares)			1,835,599
Balance	$ 18,384,862	$ 20,661,482	$ 19,247,486	$ 22,017,947
Net investment income	384,091	673,719	1,320,585	1,869,144
Net realized gain (loss) on investments, net of taxes	(8,000)	18,010	(811,625)	(511,613)
Net unrealized (appreciation) depreciation on investments, net of taxes	$ (924,049)	$ 26,354	$ 2,416	(559,352)
Tax reclassifications of permanent differences				0
Common stock issued				$ 662,000
Repurchases of common stock (in shares)	(46,460)	(49,926)	(142,478)	(150,234)
Repurchases of common stock	$ (472,033)	$ (542,189)	$ (1,482,705)	$ (1,642,606)
Distributions to stockholders	(437,574)	(486,880)	(1,348,860)	(1,485,024)
Net increase (decrease)	$ (1,457,565)	$ (310,986)	$ (2,320,189)	$ (1,667,451)
Balance (in shares)	1,693,121	1,885,078	1,693,121	1,885,078
Balance	$ 16,927,297	$ 20,350,496	$ 16,927,297	$ 20,350,496
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance (in shares)	1,739,581	1,935,004	1,835,599	1,977,694
Balance	$ 1,739	$ 1,935	$ 1,835	$ 1,977
Common stock issued (in shares)				57,618
Common stock issued				$ 58
Repurchases of common stock (in shares)	(46,460)	(49,926)	(142,478)	(150,234)
Repurchases of common stock	$ (46)	$ (50)	$ (142)	$ (150)
Net increase (decrease) (in shares)	(46,460)	(49,926)	(142,478)	(92,616)
Net increase (decrease)	$ (46)	$ (50)	$ (142)	$ (92)
Balance (in shares)	1,693,121	1,885,078	1,693,121	1,885,078
Balance	$ 1,693	$ 1,885	$ 1,693	$ 1,885
Paid-in capital in excess of par
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance	22,979,949	25,436,898	23,990,525	25,885,923
Tax reclassifications of permanent differences				(10,650)
Common stock issued				661,942
Repurchases of common stock	(471,987)	(542,139)	(1,482,563)	(1,642,456)
Net increase (decrease)	(471,987)	(542,139)	(1,482,563)	(991,164)
Balance	22,507,962	24,894,759	22,507,962	24,894,759
Total accumulated losses
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance	(4,596,826)	(4,777,351)	(4,744,874)	(3,869,953)
Net investment income	384,091	673,719	1,320,585	1,869,144
Net realized gain (loss) on investments, net of taxes	(8,000)	18,010	(811,625)	(511,613)
Net unrealized (appreciation) depreciation on investments, net of taxes	(924,049)	26,354	2,416	(559,352)
Tax reclassifications of permanent differences				10,650
Distributions to stockholders	(437,574)	(486,880)	(1,348,860)	(1,485,024)
Net increase (decrease)	(985,532)	231,203	(837,484)	(676,195)
Balance	$ (5,582,358)	$ (4,546,148)	$ (5,582,358)	$ (4,546,148)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net increase in net assets resulting from operations	$ 511,376	$ 798,179
Adjustments to reconcile net increase in net assets resulting from operations to net cash provided by operating activities:
Net unrealized (appreciation) depreciation on investments, net of taxes	(2,416)	559,352
Net realized loss on investments	803,625	499,779
Income tax expense from realized gains on investments	8,000	11,834
Amortization of Net Loan Fees on investments	(310,339)	(312,481)
Amendment fees collected	23,046	10,540
Amortization of deferred debt issuance costs	130,614	55,838
Accretion of interest income on Structured Finance Securities	(866,726)	(1,133,191)
Paid-in-kind interest income	(177,858)	(25,349)
Purchase of portfolio investments	(7,387,414)	(2,577,827)
Proceeds from principal payments on portfolio investments	10,976,950	4,962,535
Proceeds from sale or redemption of portfolio investments	68,252	3,299,761
Proceeds from distributions received from portfolio investments	1,155,518	1,137,209
Changes in operating assets and liabilities:
Interest receivable	60,027	(2,949)
Interest payable	273	(1,447)
Due to adviser and affiliates	(435,320)	(256,229)
Payable for investments purchased	2,025,369	0
Other assets and liabilities	(22,474)	(111,083)
Net cash provided by operating activities	6,560,503	6,914,471
Cash flows from financing activities
Net proceeds from issuance of common stock	0	868,080
Distributions paid to common stockholders	(1,360,914)	(1,491,354)
Borrowings under revolving line of credit	2,500,000	6,235,000
Repayments under revolving line of credit	(4,500,000)	(10,960,000)
Repurchases of common stock	(1,536,634)	(1,675,359)
Net cash used in financing activities	(4,897,548)	(7,023,633)
Net increase (decrease) in cash and cash equivalents	1,662,955	(109,162)
Beginning of period	807,831	973,147
End of period	2,470,786	863,985
Supplemental disclosure of cash flow information:
Amortization of deferred offering costs limited by investment advisor (see Note 3)	18,211	12,622
Cash paid for interest	$ 1,068,744	$ 1,648,668

Consolidated Schedule of Invest

Consolidated Schedule of Investments (unaudited) - USD ($)		Sep. 30, 2024		Dec. 31, 2023
Schedule of Investments [Line Items]
Principal Amount		$ 44,351,018	[1],[2]	$ 48,769,560	[3],[4]
Amortized Cost		42,210,574	[1],[2]	46,495,627	[3],[4]
Fair Value		$ 38,238,085	[1],[2],[5]	$ 42,476,072	[3],[4],[6]
Percent of Net Assets		225.90%	[1],[2]	220.70%	[3],[4]
Total Debt and Equity Investments
Schedule of Investments [Line Items]
Principal Amount		$ 33,328,194		$ 37,746,736
Amortized Cost		33,061,288		37,069,739
Fair Value		$ 31,278,314	[5]	$ 35,379,531	[6]
Percent of Net Assets		184.80%		183.90%
Total Structured Finance Securities
Schedule of Investments [Line Items]
Principal Amount		$ 11,022,824	[7]	$ 11,022,824	[8]
Amortized Cost		9,149,286	[7]	9,425,888	[8]
Fair Value		$ 6,959,771	[5],[7]	$ 7,096,541	[6],[8]
Percent of Net Assets		41.10%	[7]	36.80%	[8]
AIDC IntermediateCo 2, LLC
Schedule of Investments [Line Items]
Principal Amount		$ 502,739		$ 506,576
Amortized Cost		495,634		498,399
Fair Value		$ 501,734	[5]	$ 504,953	[6]
Percent of Net Assets		3%		2.70%
Baymark Health Services, Inc.
Schedule of Investments [Line Items]
Principal Amount		$ 1,683,415		$ 1,683,415
Amortized Cost		1,670,014		1,667,292
Fair Value		$ 1,553,791	[5]	$ 1,683,415	[6]
Percent of Net Assets		9.20%		8.80%
Boca Home Care Holdings, Inc.
Schedule of Investments [Line Items]
Principal Amount		$ 986,048		$ 1,097,177
Amortized Cost		1,142,011		1,249,918
Fair Value		$ 1,101,257	[5]	$ 1,172,729	[6]
Percent of Net Assets		6.50%		6.10%
Clevertech Bidco, LLC
Schedule of Investments [Line Items]
Principal Amount		$ 1,360,123		$ 1,370,506
Amortized Cost		1,325,319		1,327,208
Fair Value		$ 1,343,776	[5]	$ 1,327,208	[6]
Percent of Net Assets		7.90%		6.90%
First Brands Group, LLC.
Schedule of Investments [Line Items]
Principal Amount	[9]	$ 1,098,640
Amortized Cost	[9]	1,084,132
Fair Value	[5],[9]	$ 1,088,912
Percent of Net Assets	[9]	6.40%
Flow Service Partners Management, LLC
Schedule of Investments [Line Items]
Principal Amount		$ 1,026,336
Amortized Cost		1,015,877
Fair Value	[5]	$ 996,700
Percent of Net Assets		5.90%
GoTo Group (F/K/A LogMeIn, Inc.)
Schedule of Investments [Line Items]
Principal Amount	[9]	$ 1,056,276
Amortized Cost	[9]	1,056,276
Fair Value	[5],[9]	$ 583,719
Percent of Net Assets	[9]	3.50%
Honor HN Buyer, Inc.
Schedule of Investments [Line Items]
Principal Amount		$ 1,815,547		$ 1,742,025
Amortized Cost		1,796,553		1,719,203
Fair Value		$ 1,815,547	[5]	$ 1,742,025	[6]
Percent of Net Assets		10.70%		9.10%
Inergex Holdings, LLC
Schedule of Investments [Line Items]
Principal Amount		$ 1,144,642	[10]	$ 1,147,439
Amortized Cost		1,135,058	[10]	1,139,664
Fair Value		$ 1,138,919	[5],[10]	$ 1,147,439	[6]
Percent of Net Assets		6.70%	[10]	5.90%
Medrina, LLC
Schedule of Investments [Line Items]
Principal Amount		$ 739,096		$ 744,681
Amortized Cost		720,621		722,499
Fair Value		$ 747,976	[5]	$ 722,499	[6]
Percent of Net Assets		4.40%		3.80%
Metasource, LLC
Schedule of Investments [Line Items]
Principal Amount				$ 688,708
Amortized Cost				682,361
Fair Value	[6]			$ 631,913
Percent of Net Assets				3.30%
One GI LLC
Schedule of Investments [Line Items]
Principal Amount		$ 1,466,054		$ 1,309,363
Amortized Cost		1,456,885		1,294,517
Fair Value		$ 1,423,537	[5]	$ 1,236,662	[6]
Percent of Net Assets		8.50%		6.40%
RumbleOn, Inc.
Schedule of Investments [Line Items]
Principal Amount		$ 845,749	[7]	$ 929,975	[8]
Amortized Cost		875,854	[7]	955,895	[8]
Fair Value		$ 791,273	[5],[7]	$ 875,004	[6],[8]
Percent of Net Assets		4.70%	[7]	4.50%	[8]
SS Acquisition, LLC
Schedule of Investments [Line Items]
Principal Amount		$ 925,000	[11]	$ 925,000	[12]
Amortized Cost		920,572	[11]	919,093	[12]
Fair Value		$ 925,000	[5],[11]	$ 925,000	[6],[12]
Percent of Net Assets		5.50%	[11]	4.80%	[12]
Tolemar Acquisition, INC.
Schedule of Investments [Line Items]
Principal Amount		$ 1,386,617		$ 1,366,210
Amortized Cost		1,380,747		1,361,914
Fair Value		$ 1,314,419	[5]	$ 1,264,829	[6]
Percent of Net Assets		7.80%		6.60%
Investment, Identifier [Axis]: AIDC IntermediateCo 2, LLC, First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate		10.53%	[13]	11.80%	[14]
Spread Above Index		5.25%	[13]	6.25%	[14]
Principal Amount		$ 491,250		$ 495,000
Amortized Cost		484,363		487,081
Fair Value		$ 490,268	[5]	$ 493,414	[6]
Percent of Net Assets		2.90%		2.60%
Investment, Identifier [Axis]: AIDC IntermediateCo 2, LLC, First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate		10.50%	[13]	11.78%	[14]
Spread Above Index		5.25%	[13]	6.25%	[14]
Principal Amount		$ 11,489		$ 11,576
Amortized Cost		11,271		11,318
Fair Value		$ 11,466	[5]	$ 11,539	[6]
Percent of Net Assets		0.10%		0.10%
Investment, Identifier [Axis]: All Star Auto Lights, Inc., First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			10.97%
Spread Above Index	[14]			5.50%
Principal Amount				$ 5,176,085
Amortized Cost				5,143,925
Fair Value	[6]			$ 5,174,237
Percent of Net Assets				26.90%
Investment, Identifier [Axis]: Allen Media, LLC, First Lien Debt
Schedule of Investments [Line Items]
Interest rate		10.25%	[9],[13]	11%	[14],[15]
Spread Above Index		5.50%	[9],[13]	5.50%	[14],[15]
Principal Amount		$ 1,221,223	[9]	$ 1,230,815	[15]
Amortized Cost		1,147,608	[9]	1,133,039	[15]
Fair Value		$ 800,286	[5],[9]	$ 1,097,475	[6],[15]
Percent of Net Assets		4.70%	[9]	5.70%	[15]
Investment, Identifier [Axis]: Apex Credit CLO 2020 Ltd, Subordinated Notes
Schedule of Investments [Line Items]
Interest rate	[14],[16],[17]			14.89%
Principal Amount	[16],[17]			$ 3,650,000
Amortized Cost	[16],[17]			3,357,087
Fair Value	[6],[16],[17]			$ 2,316,143
Percent of Net Assets	[16],[17]			12%
Investment, Identifier [Axis]: Apex Credit CLO 2020 Ltd., Subordinated Notes
Schedule of Investments [Line Items]
Interest rate	[13],[18],[19]	17.92%
Principal Amount	[18],[19]	$ 3,650,000
Amortized Cost	[18],[19]	3,251,464
Fair Value	[5],[18],[19]	$ 2,644,616
Percent of Net Assets	[18],[19]	15.60%
Investment, Identifier [Axis]: Apex Credit CLO 2021 Ltd, Subordinated Notes
Schedule of Investments [Line Items]
Interest rate		20.93%	[13],[18],[19]	21.61%	[14],[16],[17]
Principal Amount		$ 1,480,000	[18],[19]	$ 1,480,000	[16],[17]
Amortized Cost		1,122,712	[18],[19]	1,196,522	[16],[17]
Fair Value		$ 938,900	[5],[18],[19]	$ 979,339	[6],[16],[17]
Percent of Net Assets		5.50%	[18],[19]	5.10%	[16],[17]
Investment, Identifier [Axis]: Apex Credit CLO 2022-1 Ltd, Subordinated Notes
Schedule of Investments [Line Items]
Interest rate	[13],[18],[19]	13.10%
Principal Amount	[18],[19]	$ 1,892,824
Amortized Cost	[18],[19]	1,569,870
Fair Value	[5],[18],[19]	$ 1,163,708
Percent of Net Assets	[18],[19]	6.90%
Investment, Identifier [Axis]: Apex Credit CLO 2022-1 Ltd., Subordinated Notes
Schedule of Investments [Line Items]
Interest rate	[14],[16],[17]			17.30%
Principal Amount	[16],[17]			$ 1,892,824
Amortized Cost	[16],[17]			1,563,211
Fair Value	[6],[16],[17]			$ 1,228,407
Percent of Net Assets	[16],[17]			6.40%
Investment, Identifier [Axis]: Astro One Acquisition Corporation, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14],[20]			14.11%
Spread Above Index	[14],[20]			8.50%
Principal Amount	[20]			$ 1,000,000
Amortized Cost	[20]			865,283
Fair Value	[6],[20]			$ 36,810
Percent of Net Assets	[20]			0.20%
Investment, Identifier [Axis]: Asurion, LLC., Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[9],[13]	10.21%
Spread Above Index	[9],[13]	5.25%
Principal Amount	[9]	$ 1,500,000
Amortized Cost	[9]	1,410,119
Fair Value	[5],[9]	$ 1,412,408
Percent of Net Assets	[9]	8.30%
Investment, Identifier [Axis]: Atlantis Holding, LLC, First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14],[15]			12.60%
Spread Above Index	[14],[15]			7.25%
Principal Amount	[15]			$ 1,557,895
Amortized Cost	[15]			1,514,045
Fair Value	[6],[15]			$ 1,524,789
Percent of Net Assets	[15]			7.90%
Investment, Identifier [Axis]: BCPE North Star US Holdco 2, Inc. (F/K/A Dessert Holdings), Seond Lien Debt
Schedule of Investments [Line Items]
Interest rate		12.21%	[13]	12.72%	[14]
Spread Above Index		7.25%	[13]	7.25%	[14]
Principal Amount		$ 1,833,333		$ 833,333
Amortized Cost		1,696,119		822,613
Fair Value		$ 1,721,500	[5]	$ 737,204	[6]
Percent of Net Assets		10.20%		3.80%
Investment, Identifier [Axis]: BayMark Health Services, Inc., Second Lien Debt 1
Schedule of Investments [Line Items]
Interest rate		13.37%	[13]	14.11%	[14]
Spread Above Index		8.50%	[13]	8.50%	[14]
Principal Amount		$ 1,325,758		$ 1,325,758
Amortized Cost		1,315,225		1,313,086
Fair Value		$ 1,223,674	[5]	$ 1,325,758	[6]
Percent of Net Assets		7.20%		6.90%
Investment, Identifier [Axis]: BayMark Health Services, Inc., Second Lien Debt 2
Schedule of Investments [Line Items]
Interest rate		13.76%	[13]	14.11%	[14]
Spread Above Index		8.50%	[13]	8.50%	[14]
Principal Amount		$ 357,657		$ 357,657
Amortized Cost		354,789		354,206
Fair Value		$ 330,117	[5]	$ 357,657	[6]
Percent of Net Assets		2%		1.90%
Investment, Identifier [Axis]: BayMark Health Services, Inc., Senior Secured Loan
Schedule of Investments [Line Items]
Interest rate	[14]
Spread Above Index	[14]
Investment, Identifier [Axis]: Boca Home Care Holdings, Inc., Common Equity
Schedule of Investments [Line Items]
Share of common stock owned (in shares)		129	[21]	129	[22]
Amortized Cost		$ 129,032	[21]	$ 129,032	[22]
Fair Value		$ 86,316	[5],[21]	$ 83,000	[6],[22]
Percent of Net Assets		0.50%	[21]	0.40%	[22]
Investment, Identifier [Axis]: Boca Home Care Holdings, Inc., First Lien Debt
Schedule of Investments [Line Items]
Interest rate		11.45%	[13]	11.96%	[14]
Spread Above Index		6.50%	[13]	6.50%	[14]
Principal Amount		$ 986,048		$ 1,097,177
Amortized Cost		979,135		1,087,235
Fair Value		$ 980,132	[5]	$ 1,059,724	[6]
Percent of Net Assets		5.80%		5.50%
Investment, Identifier [Axis]: Boca Home Care Holdings, Inc., First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Spread Above Index		6.50%	[13],[23]	6.50%	[14],[24]
Principal Amount		$ 0	[23]	$ 0	[24]
Amortized Cost		(620)	[23]	(813)	[24]
Fair Value		$ (774)	[5],[23]	$ (4,405)	[6],[24]
Percent of Net Assets		0%	[23]	0%	[24]
Investment, Identifier [Axis]: Boca Home Care Holdings, Inc., Preferred Equity
Schedule of Investments [Line Items]
Share of common stock owned (in shares)		345		345
Interest rate, cash		12%		12%
Interest rate, PIK		2%		2%
Amortized Cost		$ 34,464		$ 34,464
Fair Value		$ 35,583	[5]	$ 34,410	[6]
Percent of Net Assets		0.20%		0.20%
Investment, Identifier [Axis]: CLO other
Schedule of Investments [Line Items]
Interest rate		2.68%	[13],[19],[25]	15.55%	[14],[26]
Amortized Cost		$ 11,858	[19],[25]	$ 15,891	[26]
Fair Value		$ 20,129	[5],[19],[25]	$ 22,693	[6],[26]
Percent of Net Assets		0.10%	[19],[25]	0.10%	[26]
Investment, Identifier [Axis]: Clevertech Bidco, LLC, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Spread Above Index		6.75%	[13],[23]	6.75%	[14],[24]
Principal Amount		$ 0	[23]	$ 0	[24]
Amortized Cost		(2,952)	[23]	(3,781)	[24]
Fair Value		$ (1,386)	[5],[23]	$ (3,781)	[6],[24]
Percent of Net Assets		0%	[23]	0%	[24]
Investment, Identifier [Axis]: Clevertech Bidco, LLC, First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[13]	11.50%
Spread Above Index	[13]	6.75%
Principal Amount		$ 1,360,123
Amortized Cost		1,328,271
Fair Value	[5]	$ 1,345,162
Percent of Net Assets		7.90%
Investment, Identifier [Axis]: Clevertech Bidco, LLC, First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate	[14]			12.25%
Spread Above Index	[14]			6.75%
Principal Amount				$ 1,370,506
Amortized Cost				1,330,989
Fair Value	[6]			$ 1,330,989
Percent of Net Assets				6.90%
Investment, Identifier [Axis]: Constellis Holdings, LLC, Common Equity
Schedule of Investments [Line Items]
Share of common stock owned (in shares)		1,362	[21]	1,362
Amortized Cost		$ 46,403	[21]	$ 46,403
Fair Value		$ 4,212	[5],[21]	$ 2,699	[6]
Percent of Net Assets		0%	[21]	0%
Investment, Identifier [Axis]: Convergint Technologies Holdings, LLC, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate		11.71%	[9],[13]	12.22%	[14]
Spread Above Index		6.75%	[9],[13]	6.75%	[14]
Principal Amount		$ 2,068,608	[9]	$ 2,068,608
Amortized Cost		2,036,726	[9]	2,031,402
Fair Value		$ 1,950,956	[5],[9]	$ 2,047,222	[6]
Percent of Net Assets		11.50%	[9]	10.60%
Investment, Identifier [Axis]: DRS Imaging Services, LLC, Common Equity
Schedule of Investments [Line Items]
Share of common stock owned (in shares)		115	[21],[27]	115	[22],[28]
Amortized Cost		$ 115,154	[21],[27]	$ 115,154	[22],[28]
Fair Value		$ 99,000	[5],[21],[27]	$ 40,002	[6],[22],[28]
Percent of Net Assets		0.60%	[21],[27]	0.20%	[22],[28]
Investment, Identifier [Axis]: Electrical Components International, Inc., Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			13.96%
Spread Above Index	[14]			8.50%
Principal Amount				$ 1,322,722
Amortized Cost				1,241,484
Fair Value	[6]			$ 1,280,271
Percent of Net Assets				6.70%
Investment, Identifier [Axis]: Elevation CLO 2021-14 Ltd, Subordinated Notes
Schedule of Investments [Line Items]
Interest rate		5.26%	[13],[18],[19]	14.49%	[14],[16],[17]
Principal Amount		$ 1,750,000	[18],[19]	$ 1,750,000	[16],[17]
Amortized Cost		1,362,945	[18],[19]	1,427,657	[16],[17]
Fair Value		$ 761,106	[5],[18],[19]	$ 1,002,131	[6],[16],[17]
Percent of Net Assets		4.60%	[18],[19]	5.20%	[16],[17]
Investment, Identifier [Axis]: Elevation CLO 2021-15, Ltd., Subordinated Notes
Schedule of Investments [Line Items]
Interest rate		2.68%	[13],[18],[19]	15.55%	[14],[16],[17]
Principal Amount		$ 1,250,000	[18],[19]	$ 1,250,000	[16],[17]
Amortized Cost		856,953	[18],[19]	904,226	[16],[17]
Fair Value		$ 427,216	[5],[18],[19]	$ 580,677	[6],[16],[17]
Percent of Net Assets		2.50%	[18],[19]	3%	[16],[17]
Investment, Identifier [Axis]: Excelin Home Health, LLC, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate, cash	[13]	18%
Interest rate, PIK	[14]			18%
Principal Amount		$ 1,326,920		$ 1,160,553
Amortized Cost		1,312,374		1,138,621
Fair Value		$ 1,053,973	[5]	$ 981,944	[6]
Percent of Net Assets		6.20%		5.10%
Investment, Identifier [Axis]: First Brands Group, LLC., First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate	[13]	10.51%
Spread Above Index	[13]	5%
Principal Amount		$ 738,832
Amortized Cost		728,768
Fair Value	[5]	$ 732,252
Percent of Net Assets		4.30%
Investment, Identifier [Axis]: First Brands Group, LLC., First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate	[13]	10.51%
Spread Above Index	[13]	5%
Principal Amount		$ 359,808
Amortized Cost		355,364
Fair Value	[5]	$ 356,660
Percent of Net Assets		2.10%
Investment, Identifier [Axis]: Flow Service Partners Management, LLC, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Spread Above Index	[13],[23]	6.50%
Principal Amount	[23]	$ 0
Amortized Cost	[23]	(1,404)
Fair Value	[5],[23]	$ (3,977)
Percent of Net Assets	[23]	0%
Investment, Identifier [Axis]: Flow Service Partners Management, LLC, First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate	[13]	11.25%
Spread Above Index	[13]	6.50%
Principal Amount		$ 868,438
Amortized Cost		860,776
Fair Value	[5]	$ 846,727
Percent of Net Assets		5%
Investment, Identifier [Axis]: Flow Service Partners Management, LLC, First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate	[13]	11.25%
Spread Above Index	[13]	6.50%
Principal Amount		$ 157,898
Amortized Cost		156,505
Fair Value	[5]	$ 153,950
Percent of Net Assets		0.90%
Investment, Identifier [Axis]: GoTo Group (F/K/A LogMeIn, Inc.), First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14],[15]			10.28%
Spread Above Index	[14],[15]			4.75%
Principal Amount	[15]			$ 1,378,680
Amortized Cost	[15]			1,057,122
Fair Value	[6],[15]			$ 918,794
Percent of Net Assets	[15]			4.80%
Investment, Identifier [Axis]: GoTo Group (F/K/A LogMeIn, Inc.), First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate	[13]	9.97%
Spread Above Index	[13]	4.75%
Principal Amount		$ 612,640
Amortized Cost		612,640
Fair Value	[5]	$ 214,807
Percent of Net Assets		1.30%
Investment, Identifier [Axis]: GoTo Group (F/K/A LogMeIn, Inc.), First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate	[13]	9.97%
Spread Above Index	[13]	4.75%
Principal Amount		$ 443,636
Amortized Cost		443,636
Fair Value	[5]	$ 368,912
Percent of Net Assets		2.20%
Investment, Identifier [Axis]: Heritage Grocers Group, LLC (F/K/A Tony's Fresh Market / Cardenas Markets), First Lien Debt
Schedule of Investments [Line Items]
Interest rate		11.45%	[9],[13]	12.20%	[14]
Spread Above Index		6.75%	[9],[13]	6.75%	[14]
Principal Amount		$ 1,960,000	[9]	$ 1,975,000
Amortized Cost		1,878,730	[9]	1,880,395
Fair Value		$ 1,938,763	[5],[9]	$ 1,975,000	[6]
Percent of Net Assets		11.50%	[9]	10.30%
Investment, Identifier [Axis]: Honor HN Buyer Inc, First Lien Debt (Delayed Draw)
Schedule of Investments [Line Items]
Interest rate	[14],[24]			11.50%
Spread Above Index	[14],[24]			6%
Principal Amount	[24]			$ 352,896
Amortized Cost	[24]			349,763
Fair Value	[6],[24]			$ 352,896
Percent of Net Assets	[24]			1.80%
Investment, Identifier [Axis]: Honor HN Buyer Inc, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate	[14],[24]			13.25%
Spread Above Index	[14],[24]			4.75%
Principal Amount	[24]			$ 12,376
Amortized Cost	[24]			11,126
Fair Value	[6],[24]			$ 12,376
Percent of Net Assets	[24]			0.10%
Investment, Identifier [Axis]: Honor HN Buyer Inc, First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate	[14]			11.25%
Spread Above Index	[14]			5.75%
Principal Amount				$ 843,421
Amortized Cost				832,802
Fair Value	[6]			$ 843,421
Percent of Net Assets				4.40%
Investment, Identifier [Axis]: Honor HN Buyer Inc, First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate	[14]			11.25%
Spread Above Index	[14]			5.75%
Principal Amount				$ 533,332
Amortized Cost				525,512
Fair Value	[6]			$ 533,332
Percent of Net Assets				2.80%
Investment, Identifier [Axis]: Honor HN Buyer, Inc., First Lien Debt (Delayed Draw)
Schedule of Investments [Line Items]
Interest rate	[13],[23]	10.50%
Spread Above Index	[13],[23]	5.75%
Principal Amount	[23]	$ 436,926
Amortized Cost	[23]	433,617
Fair Value	[5],[23]	$ 436,926
Percent of Net Assets	[23]	2.60%
Investment, Identifier [Axis]: Honor HN Buyer, Inc., First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate	[13],[23]	12.75%
Spread Above Index	[13],[23]	4.75%
Principal Amount	[23]	$ 12,376
Amortized Cost	[23]	11,374
Fair Value	[5],[23]	$ 12,376
Percent of Net Assets	[23]	0.10%
Investment, Identifier [Axis]: Honor HN Buyer, Inc., First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate	[13]	10.50%
Spread Above Index	[13]	5.75%
Principal Amount		$ 836,966
Amortized Cost		828,531
Fair Value	[5]	$ 836,966
Percent of Net Assets		4.90%
Investment, Identifier [Axis]: Honor HN Buyer, Inc., First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate	[13]	10.50%
Spread Above Index	[13]	5.75%
Principal Amount		$ 529,279
Amortized Cost		523,031
Fair Value	[5]	$ 529,279
Percent of Net Assets		3.10%
Investment, Identifier [Axis]: Idera Inc, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			12.28%
Spread Above Index	[14]			6.75%
Principal Amount				$ 1,000,000
Amortized Cost				1,000,000
Fair Value	[6]			$ 962,500
Percent of Net Assets				5%
Investment, Identifier [Axis]: Idera, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[13]	12.15%
Spread Above Index	[13]	6.75%
Principal Amount		$ 670,732
Amortized Cost		670,732
Fair Value	[5]	$ 670,732
Percent of Net Assets		4%
Investment, Identifier [Axis]: Inergex Holdings, LLC, First Lien Debt
Schedule of Investments [Line Items]
Spread Above Index		7%	[13]	7%	[14],[29]
Interest rate, cash		11.75%	[13]	12.58%	[14],[29]
Interest rate, PIK		2%	[13]	1%	[14],[29]
Principal Amount		$ 988,392		$ 991,189	[29]
Amortized Cost		978,808		985,511	[29]
Fair Value		$ 983,450	[5]	$ 991,189	[6],[29]
Percent of Net Assets		5.80%		5.10%	[29]
Investment, Identifier [Axis]: Inergex Holdings, LLC, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Spread Above Index		7%	[13]	7%	[14]
Interest rate, cash		11.75%	[13]	12.58%	[14]
Interest rate, PIK		2%	[13]	1%	[14]
Principal Amount		$ 156,250		$ 156,250
Amortized Cost		156,250		154,153
Fair Value		$ 155,469	[5]	$ 156,250	[6]
Percent of Net Assets		0.90%		0.80%
Investment, Identifier [Axis]: Medrina, LLC, First Lien Debt
Schedule of Investments [Line Items]
Interest rate		11.32%	[13]	11.74%	[14]
Spread Above Index		6%	[13]	6.25%	[14]
Principal Amount		$ 739,096		$ 744,681
Amortized Cost		723,543		726,684
Fair Value		$ 746,487	[5]	$ 726,684	[6]
Percent of Net Assets		4.40%		3.80%
Investment, Identifier [Axis]: Medrina, LLC, First Lien Debt (Delayed Draw)
Schedule of Investments [Line Items]
Spread Above Index		6%	[13],[23]	6.25%	[14],[24]
Principal Amount		$ 0	[23]	$ 0	[24]
Amortized Cost		(683)	[23]	(1,614)	[24]
Fair Value		$ 1,489	[5],[23]	$ (1,614)	[6],[24]
Percent of Net Assets		0%	[23]	0%	[24]
Investment, Identifier [Axis]: Medrina, LLC, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Spread Above Index		6%	[13],[23]	6.25%	[14],[24]
Principal Amount		$ 0	[23]	$ 0	[24]
Amortized Cost		(2,239)	[23]	(2,571)	[24]
Fair Value		$ 0	[5],[23]	$ (2,571)	[6],[24]
Percent of Net Assets		0%	[23]	0%	[24]
Investment, Identifier [Axis]: Metasource, LLC First Lien Debt
Schedule of Investments [Line Items]
Spread Above Index		6.25%	[10],[13]	6.25%	[14]
Interest rate, cash		11.12%	[10],[13]	11.72%	[14]
Interest rate, PIK		0.50%	[10],[13]	0.50%	[14]
Principal Amount		$ 686,096	[10]	$ 688,708
Amortized Cost		679,785	[10]	683,270
Fair Value		$ 657,280	[5],[10]	$ 649,146	[6]
Percent of Net Assets		3.90%	[10]	3.40%
Investment, Identifier [Axis]: Metasource, LLC First Lien Debt (Delayed Draw)
Schedule of Investments [Line Items]
Spread Above Index	[14],[24]			6.25%
Principal Amount	[24]			$ 0
Amortized Cost	[24]			(909)
Fair Value	[6],[24]			$ (17,233)
Percent of Net Assets	[24]			(0.10%)
Investment, Identifier [Axis]: Monroe Capital MML CLO X, Ltd., Mezzanine Debt - Class E-R
Schedule of Investments [Line Items]
Interest rate		13.88%	[13]	14.12%	[14]
Spread Above Index		8.75%	[13]	8.75%	[14]
Principal Amount		$ 1,000,000		$ 1,000,000
Amortized Cost		973,484		961,294
Fair Value		$ 1,004,096	[5]	$ 967,151	[6]
Percent of Net Assets		5.90%		5%
Investment, Identifier [Axis]: Nielsen Consumer Inc., First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[9],[13]	9.34%
Spread Above Index	[9],[13]	4.75%
Principal Amount	[9]	$ 1,500,000
Amortized Cost	[9]	1,492,500
Fair Value	[5],[9]	$ 1,497,503
Percent of Net Assets	[9]	8.80%
Investment, Identifier [Axis]: One GI LLC, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate	[13]	11.96%
Spread Above Index		6.75%	[13]	6.75%	[14],[24]
Principal Amount		$ 166,667		$ 0	[24]
Amortized Cost		165,653		(1,635)	[24]
Fair Value		$ 161,833	[5]	$ (8,209)	[6],[24]
Percent of Net Assets		1%		0%	[24]
Investment, Identifier [Axis]: One GI LLC, First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate		11.70%	[13]	12.21%	[14]
Spread Above Index		6.75%	[13]	6.75%	[14]
Principal Amount		$ 850,938		$ 857,500
Amortized Cost		845,687		848,972
Fair Value		$ 826,260	[5]	$ 815,264	[6]
Percent of Net Assets		4.90%		4.20%
Investment, Identifier [Axis]: One GI LLC, First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate		11.70%	[13]	12.21%	[14]
Spread Above Index		6.75%	[13]	6.75%	[14]
Principal Amount		$ 448,449		$ 451,863
Amortized Cost		445,545		447,180
Fair Value		$ 435,444	[5]	$ 429,607	[6]
Percent of Net Assets		2.60%		2.20%
Investment, Identifier [Axis]: RPLF Holdings, LLC, Common Equity
Schedule of Investments [Line Items]
Share of common stock owned (in shares)		62,365	[21],[27]	62,365	[22],[28]
Amortized Cost		$ 0	[21],[27]	$ 0	[22],[28]
Fair Value		$ 310,644	[5],[21],[27]	$ 213,000	[6],[22],[28]
Percent of Net Assets		1.80%	[21],[27]	1.10%	[22],[28]
Investment, Identifier [Axis]: Redstone Holdco 2 LP (F/K/A RSA Security) , Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[13]	13.26%
Spread Above Index	[13]	7.75%
Principal Amount		$ 1,000,000
Amortized Cost		992,530
Fair Value	[5]	$ 761,000
Percent of Net Assets		4.50%
Investment, Identifier [Axis]: Redstone Holdco 2 LP (F/K/A RSA Security), Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			13.22%
Spread Above Index	[14]			7.75%
Principal Amount				$ 1,000,000
Amortized Cost				991,304
Fair Value	[6]			$ 735,262
Percent of Net Assets				3.70%
Investment, Identifier [Axis]: RumbleOn, Inc., First Lien Debt 1
Schedule of Investments [Line Items]
Spread Above Index		8.75%	[10],[13]	8.75%	[14]
Interest rate, cash		14.27%	[13]	14.36%	[14]
Interest rate, PIK		1.50%	[13]	0.50%	[14]
Principal Amount		$ 649,684	[10]	$ 714,384
Amortized Cost		632,363	[10]	692,360
Fair Value		$ 603,557	[5],[10]	$ 658,305	[6]
Percent of Net Assets		3.60%	[10]	3.40%
Investment, Identifier [Axis]: RumbleOn, Inc., First Lien Debt 2
Schedule of Investments [Line Items]
Spread Above Index		8.75%	[10],[13]	8.75%	[14]
Interest rate, cash		14.27%	[13]	14.36%	[14]
Interest rate, PIK		1.50%	[13]	0.50%	[14]
Principal Amount		$ 196,065	[10]	$ 215,591
Amortized Cost		193,409	[10]	213,453
Fair Value		$ 182,145	[5],[10]	$ 198,667	[6]
Percent of Net Assets		1.10%	[10]	1%
Investment, Identifier [Axis]: RumbleOn, Inc., Warrants
Schedule of Investments [Line Items]
Warrants		$ 55,000	[21]	$ 55,000	[22]
Amortized Cost		50,082	[21]	50,082	[22]
Fair Value		$ 5,571	[5],[21]	$ 18,032	[6],[22]
Percent of Net Assets		0%	[21]	0.10%	[22]
Investment, Identifier [Axis]: SS Acquisition, LLC, First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate		12.31%	[13]	12.41%	[14]
Spread Above Index		6.72%	[13]	6.75%	[14]
Principal Amount		$ 625,000		$ 625,000
Amortized Cost		622,193		621,256
Fair Value		$ 625,000	[5]	$ 625,000	[6]
Percent of Net Assets		3.70%		3.20%
Investment, Identifier [Axis]: SS Acquisition, LLC, First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate		13%	[13]	13.10%	[14]
Spread Above Index		7.40%	[13]	7.45%	[14]
Principal Amount		$ 300,000		$ 300,000
Amortized Cost		298,379		297,837
Fair Value		$ 300,000	[5]	$ 300,000	[6]
Percent of Net Assets		1.80%		1.60%
Investment, Identifier [Axis]: STS Operating, Inc., Second Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			13.46%
Spread Above Index	[14]			8%
Principal Amount				$ 1,593,220
Amortized Cost				1,593,208
Fair Value	[6]			$ 1,593,220
Percent of Net Assets				8.30%
Investment, Identifier [Axis]: Spear Education Holdings, LLC, First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			13%
Spread Above Index	[14]			7.50%
Principal Amount				$ 495,000
Amortized Cost				484,899
Fair Value	[6]			$ 494,567
Percent of Net Assets				2.60%
Investment, Identifier [Axis]: Tenneco Inc., First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[9],[13]	10.23%
Spread Above Index	[9],[13]	5%
Principal Amount	[9]	$ 1,100,000
Amortized Cost	[9]	1,057,217
Fair Value	[5],[9]	$ 1,047,403
Percent of Net Assets	[9]	6.20%
Investment, Identifier [Axis]: Tolemar Acquisition, Inc., First Lien Debt
Schedule of Investments [Line Items]
Interest rate	[14]			11.75%
Spread Above Index		6%	[13]	6%	[14]
Interest rate, cash	[13]	10.95%
Interest rate, PIK	[13]	1%
Principal Amount		$ 1,311,617		$ 1,315,475
Amortized Cost		1,306,285		1,311,793
Fair Value		$ 1,246,037	[5]	$ 1,228,653	[6]
Percent of Net Assets		7.40%		6.40%
Investment, Identifier [Axis]: Tolemar Acquisition, Inc., First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate	[13],[23]	11.20%
Spread Above Index	[13],[23]	6%
Principal Amount	[23]	$ 75,000
Amortized Cost	[23]	74,462
Fair Value	[5],[23]	$ 68,382
Percent of Net Assets	[23]	0.40%
Investment, Identifier [Axis]: Tolemar Acquisition, Inc., First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate	[14],[24]			11.75%
Spread Above Index	[14],[24]			6%
Principal Amount	[24]			$ 50,735
Amortized Cost	[24]			50,121
Fair Value	[6],[24]			$ 36,176
Percent of Net Assets	[24]			0.20%
Investment, Identifier [Axis]: TruGreen Limited Partnership, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate		14.01%	[13]	14.14%	[14]
Spread Above Index		8.50%	[13]	8.50%	[14]
Principal Amount		$ 1,500,000		$ 1,500,000
Amortized Cost		1,525,823		1,530,562
Fair Value		$ 1,444,500	[5]	$ 1,428,984	[6]
Percent of Net Assets		8.50%		7.40%
Investment, Identifier [Axis]: Wellful Inc. (F/K/A KNS Acquisition Corp.), First Lien Debt
Schedule of Investments [Line Items]
Interest rate		11.21%	[9],[13]	11.72%	[14]
Spread Above Index		6.25%	[9],[13]	6.25%	[14]
Principal Amount		$ 925,000	[9]	$ 943,750
Amortized Cost		923,915	[9]	942,317
Fair Value		$ 581,594	[5],[9]	$ 901,875	[6]
Percent of Net Assets		3.40%	[9]	4.70%
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details. Fair value was determined by reference to observable inputs other than quoted prices in active markets and are considered Level 2 under GAAP. See Note 5 for further details. Portfolio Company Investment Type Range of PIK Range of Cash Maximum PIK Inergex Holdings, LLC First Lien Debt 0% to 2.00% 11.75% to 13.75% 2.00% Inergex Holdings, LLC First Lien Debt (Revolver) 0% to 2.00% 11.75% to 13.75% 2.00% RumbleOn, Inc. First Lien Debt 0% to 1.50% 14.27% to 15.77% 1.50% RumbleOn, Inc. First Lien Debt 0% to 1.50% 14.27% to 15.77% 1.50% The Company has entered into a contractual arrangement with co‑lenders whereby, subject to certain conditions, it has agreed to receive its payment after the repayment of certain co‑lenders pursuant to a payment waterfall. The table below provides additional details as of September 30, 2024: Portfolio Company Reported Interest Rate Interest Rate per Credit Agreement Additional Interest per Annum SS Acquisition, LLC 12.31% 11.83% 0.48% SS Acquisition, LLC (Delayed Draw) 13.00% 11.83% 1.17% Portfolio Company Reported Interest Rate Interest Rate per Credit Agreement Additional Interest per Annum SS Acquisition, LLC 12.41% 11.89% 0.51% SS Acquisition, LLC 13.10% 11.89% 1.21% The Company’s debt investments bear interest at rates determined by reference to SOFR or Prime, and reset monthly, quarterly, or semi-annually. For all variable-rate investments, the schedule presents the spread over SOFR or Prime and the interest rate as of September 30, 2024. Unless otherwise noted with footnote 16, all investments with a stated PIK rate require interest payments with the issuance of additional securities as payment of the entire PIK provision. Note 5 for further details. Amortized cost reflects accretion of effective yield less any cash distributions received or entitled to be received from CLO subordinated note investments. CLO subordinated note investments are entitled to recurring distributions which are generally equal to the residual cash flow of payments received on underlying securities less contractual payments to debt holders and fund expenses. Note 4 for further details. Non-income producing. Note 6 . Note 6 . Portfolio Company Investment Type Range of PIK Range of Cash Maximum PIK Inergex Holdings, LLC First Lien Debt 0% to 1.00% 12.58% to 13.58% 1.00% Inergex Holdings, LLC First Lien Debt (Revolver) 0% to 1.00% 12.58% to 13.58% 1.00% RumbleOn, Inc. First Lien Debt 0% to 0.50% 14.36% to 14.86% 0.50%

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (unaudited) (Parenthetical)		Sep. 30, 2024		Dec. 31, 2023
Schedule of Investments [Line Items]
Qualifying assets percentage		81%		82%
Inergex Holdings, LLC First Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK		2%		1%
Inergex Holdings, LLC First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate, PIK		2%		1%
RumbleOn, Inc First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate, PIK		1.50%		0.50%
RumbleOn, Inc First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate, PIK		1.50%
SS Acquisition, LLC 1
Schedule of Investments [Line Items]
Reported Interest Rate				12.41%
Interest Rate per Credit Agreement				11.89%
Additional Interest per Annum				0.51%
SS Acquisition, LLC 2
Schedule of Investments [Line Items]
Reported Interest Rate				13.10%
Interest Rate per Credit Agreement				11.89%
Additional Interest per Annum				1.21%
Minimum | Inergex Holdings, LLC First Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK		0%		0%
Interest rate, cash		11.75%		12.58%
Minimum | Inergex Holdings, LLC First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate, PIK		0%		0%
Interest rate, cash		11.75%		12.58%
Minimum | RumbleOn, Inc First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate, PIK		0%		0%
Interest rate, cash		14.27%		14.36%
Minimum | RumbleOn, Inc First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate, PIK		0%
Interest rate, cash		14.27%
Maximum | Inergex Holdings, LLC First Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK		2%		1%
Interest rate, cash		13.75%		13.58%
Maximum | Inergex Holdings, LLC First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate, PIK		2%		1%
Interest rate, cash		13.75%		13.58%
Maximum | RumbleOn, Inc First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate, PIK		1.50%		0.50%
Interest rate, cash		15.77%		14.86%
Maximum | RumbleOn, Inc First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate, PIK		1.50%
Interest rate, cash		15.77%
Investment, Identifier [Axis]: Boca Home Care Holdings, Inc., Preferred Equity
Schedule of Investments [Line Items]
Interest rate, PIK		2%		2%
Interest rate, cash		12%		12%
Investment, Identifier [Axis]: Excelin Home Health, LLC, Second Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK	[1]			18%
Interest rate, cash	[2]	18%
Investment, Identifier [Axis]: Inergex Holdings, LLC, First Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK		2%	[2]	1%	[1],[3]
Interest rate, cash		11.75%	[2]	12.58%	[1],[3]
Investment, Identifier [Axis]: Inergex Holdings, LLC, First Lien Debt (Revolver)
Schedule of Investments [Line Items]
Interest rate, PIK		2%	[2]	1%	[1]
Interest rate, cash		11.75%	[2]	12.58%	[1]
Investment, Identifier [Axis]: Metasource, LLC First Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK		0.50%	[2],[4]	0.50%	[1]
Interest rate, cash		11.12%	[2],[4]	11.72%	[1]
Investment, Identifier [Axis]: RumbleOn, Inc., First Lien Debt 1
Schedule of Investments [Line Items]
Interest rate, PIK		1.50%	[2]	0.50%	[1]
Interest rate, cash		14.27%	[2]	14.36%	[1]
Investment, Identifier [Axis]: RumbleOn, Inc., First Lien Debt 2
Schedule of Investments [Line Items]
Interest rate, PIK		1.50%	[2]	0.50%	[1]
Interest rate, cash		14.27%	[2]	14.36%	[1]
Investment, Identifier [Axis]: SS Acquisition, LLC
Schedule of Investments [Line Items]
Reported Interest Rate		12.31%
Interest Rate per Credit Agreement		11.83%
Additional Interest per Annum		0.48%
Investment, Identifier [Axis]: SS Acquisition, LLC, (Delayed Draw)
Schedule of Investments [Line Items]
Reported Interest Rate		13%
Interest Rate per Credit Agreement		11.83%
Additional Interest per Annum		1.17%
Investment, Identifier [Axis]: Tolemar Acquisition, Inc., First Lien Debt
Schedule of Investments [Line Items]
Interest rate, PIK	[2]	1%
Interest rate, cash	[2]	10.95%
[1]A majority of the debt investments bear interest at rates determined by reference to SOFR or Prime, and reset monthly, quarterly, or semi-annually. For each variable-rate investment, the Company has provided the spread over the reference rate and current interest rate in effect at December 31, 2023.[2] The Company’s debt investments bear interest at rates determined by reference to SOFR or Prime, and reset monthly, quarterly, or semi-annually. For all variable-rate investments, the schedule presents the spread over SOFR or Prime and the interest rate as of September 30, 2024. Unless otherwise noted with footnote 16, all investments with a stated PIK rate require interest payments with the issuance of additional securities as payment of the entire PIK provision. Portfolio Company Investment Type Range of PIK Range of Cash Maximum PIK Inergex Holdings, LLC First Lien Debt 0% to 1.00% 12.58% to 13.58% 1.00% Inergex Holdings, LLC First Lien Debt (Revolver) 0% to 1.00% 12.58% to 13.58% 1.00% RumbleOn, Inc. First Lien Debt 0% to 0.50% 14.36% to 14.86% 0.50% Portfolio Company Investment Type Range of PIK Range of Cash Maximum PIK Inergex Holdings, LLC First Lien Debt 0% to 2.00% 11.75% to 13.75% 2.00% Inergex Holdings, LLC First Lien Debt (Revolver) 0% to 2.00% 11.75% to 13.75% 2.00% RumbleOn, Inc. First Lien Debt 0% to 1.50% 14.27% to 15.77% 1.50% RumbleOn, Inc. First Lien Debt 0% to 1.50% 14.27% to 15.77% 1.50%

Organization

Organization	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization The Company is a Maryland corporation formed on December 8, 2015 as an externally managed, non-diversified, closed-end investment company. The Company has elected to be regulated as a BDC and as a RIC under Subchapter M of the Code. The Company’s objective is to provide stockholders with both current income and capital appreciation primarily through debt investments and, to a lesser extent, equity investments, primarily in middle-market companies located principally in the United States. In addition, the Company may make investments in Structured Finance Securities. OFS Advisor, an affiliate of the Company and a registered investment adviser, manages the day-to-day operations of, and provides investment advisory services to, the Company. In addition, OFS Advisor serves as the investment adviser to OFS Capital, a publicly traded BDC with an investment strategy similar to that of the Company. OFS Advisor also serves as the investment adviser to OCCI, a non-diversified, externally managed, closed-end management investment company that is registered as an investment company under the 1940 Act and primarily invests in Structured Finance Securities. Additionally, OFS Advisor serves as the investment adviser to separately-managed accounts and sub-adviser to investment companies managed by an affiliate. The Company intends to raise up to $200,000,000 through offering shares of its common stock to investors in a continuous offering in reliance on exemptions from the registration requirements of the Securities Act. Since August 3, 2020, CCO has served as the dealer manager in the Offering. From time to time, the Company may enter into agreements with placement agents to sell, distribute and market shares of its common stock in the Offering. The Company may pay certain placement or “finder’s” fees to placement agents engaged by the Company in connection with the Offering. In addition, investors who are purchasing shares through a placement agent may be required to pay a fee or commission directly to the placement agent. The Company may make investments through HPCI-MB, a wholly owned and consolidated subsidiary taxed under subchapter C of the Code that generally holds the Company’s equity investments in portfolio companies that are taxed as pass-through entities. Under normal market conditions, the Company will invest at least 80% of its total assets in “corporate income-related investments.” “Corporate income-related investments” are defined as loans, bonds and securities, such as subordinated debt and stock, where the counterparty is a corporate entity and the investment is expected to provide the Company with income over time. The Company intends for “corporate income related investments” to consist of investments in: (i) floating and fixed rate senior secured loans, which are comprised of first lien, second lien and unitranche loans of United States middle-market companies; (ii) broadly syndicated senior secured corporate loans; (iii) unsecured loans; (iv) collateralized loan obligation debt, subordinated debt, income notes and loan accumulation facility positions; (v) opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments; and (vi) warrants and other equity securities of United States middle-market companies.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of presentation: The accompanying interim consolidated financial statements of the Company and related financial information have been prepared in accordance with GAAP in the United States of America for interim financial information and pursuant to ASC Topic 946, Financial Services–Investment Companies , the requirements for reporting on Form 10-Q, and Articles 6, 10 and 12 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for annual financial statements. However, in the opinion of management, the consolidated financial statements include all adjustments, consisting only of normal and recurring accruals and adjustments, necessary for fair presentation as of, and for, the periods presented. These consolidated financial statements and notes hereto should be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report on Form 10 K for the year ended December 31, 2023, filed on March 18, 2024. The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for the full year. Significant Accounting Policies: The following information supplements the description of significant accounting policies contained in Note 2 to the Company's financial statements included in the Company's Annual Report on Form 10 K for the year ended December 31, 2023. Reclassifications: Certain prior period amounts have been reclassified to conform to the current period presentation in the consolidated financial statements and the accompanying notes thereto. Reclassifications did not impact net increase (decrease) in net assets resulting from operations, total assets, total liabilities or total net assets, or consolidated statements of changes in net assets and consolidated statements of cash flows classifications. Use of estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of investment income, expenses, gains and losses during the reporting period. Actual results could differ significantly from those estimates. Cash and cash equivalents: The Company’s cash and cash equivalent balances are maintained with a member bank of the Federal Deposit Insurance Corporation (“FDIC”) and at times, such balances may exceed the FDIC insurance limits. The Company does not believe its cash and cash equivalent balances are exposed to any significant credit risk. Cash and cash equivalent balances are held in a US Bank Trust Company, National Association money market deposit account. Concentration of credit risk: Aside from the Company’s investments, financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash deposits at financial institutions. At various times during the year, the Company exceeds the federally insured limit. The Company places cash deposits only with high credit quality institutions that it believes will mitigate the risk of loss due to credit risk. If borrowers completely fail to perform according to the terms of the contracts, the amount of loss due to credit risk from the Company’s investments is equal to the sum of the Company’s recorded investments and the unfunded commitments disclosed in Note 6.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Investment Advisory and Management Agreement: OFS Advisor manages the day-to-day operations of, and provides investment advisory services to, the Company pursuant to an Investment Advisory Agreement, which became effective on August 30, 2016. Under the terms of the Investment Advisory Agreement, which are in accordance with the 1940 Act and subject to the overall supervision of the Board, OFS Advisor is responsible for sourcing potential investments, conducting research and diligence on potential investments and equity sponsors, analyzing investment opportunities, structuring investments, and monitoring investments and portfolio companies on an ongoing basis. OFS Advisor is a subsidiary of OFSAM and a registered investment advisor under the Advisers Act. OFS Advisor’s services under the Investment Advisory Agreement are not exclusive to the Company and OFS Advisor is free to furnish similar services to other entities, including other funds advised or sub-advised by OFS Advisor, so long as its services to the Company are not impaired. OFS Advisor also serves as the investment adviser or sub-adviser to various clients, including OFS Capital and OCCI. OFS Advisor receives fees for providing services to the Company, consisting of two components: a base management fee and an incentive fee. The base management fee is calculated at an annual rate of 1.25% and based on the average value of the Company’s total assets (other than cash and cash equivalents, but including assets purchased with borrowed amounts and including assets owned by any consolidated entity) at the end of the two most recently completed calendar quarters. The incentive fee has two parts. The first part of the incentive fee (“Income Incentive Fee”) is calculated and payable quarterly in arrears based on the Company’s pre-incentive fee net investment income for the immediately preceding calendar quarter. For this purpose, pre-incentive fee net investment income means interest income, dividend income and any other income (including any other fees such as commitment, origination and sourcing, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies, but excluding fees for providing managerial assistance) accrued during the calendar quarter, minus operating expenses for the quarter (including the base management fee, any expenses payable under the Administration Agreement and any interest expense and dividends paid on any outstanding preferred stock, but excluding the incentive fee). Pre-incentive fee net investment income includes, in the case of investments with a deferred interest or dividend feature (such as OID, debt instruments with PIK interest, equity investments with accruing or PIK dividend and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-incentive fee net investment income is expressed as a rate of return on the value of the Company’s net assets (defined as total assets less indebtedness and before taking into account any incentive fees payable during the period) at the end of the immediately preceding calendar quarter. The incentive fee with respect to pre-incentive fee net income is 100.0% of the amount, if any, by which the pre-incentive fee net investment income for the immediately preceding calendar quarter exceeds a 1.75% (or 7.0% annualized) “hurdle rate” but is less than 2.1875% (or 8.75% annually), referred to as the “catch-up” provision, and 20.0% of the amount of pre-incentive fee net investment income, if any, that exceeds 2.1875%. The “catch-up” is meant to provide OFS Advisor with 20.0% of the pre-incentive fee net investment income as if a hurdle rate did not apply if pre-incentive fee net investment income exceeds 2.1875% in any calendar quarter. The Income Incentive Fee is calculated before the determination of any operating expense limitation under the Second Amended Expense Support Agreement, as further described below. Pre-incentive fee net investment income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation. Because of the structure of the incentive fee, it is possible that the Company may pay an incentive fee in a quarter in which the Company incurs a loss. For example, if the Company receives pre-incentive fee net investment income in excess of the quarterly minimum hurdle rate, the Company will pay the applicable incentive fee even if the Company has incurred a loss in that quarter due to realized and unrealized capital losses. The Company’s net investment income used to calculate this part of the incentive fee is also included in the amount of the Company’s gross assets used to calculate the base management fee. These calculations are appropriately prorated for any period of less than three months and adjusted for any share issuances or repurchases during such quarter. The second part of the incentive fee (the “Capital Gain Fee”) is determined and payable in arrears as of the end of each calendar year (or upon termination of the Investment Advisory Agreement, as of the termination date), and will equal 20.0% of the Company’s aggregate realized capital gains, if any, on a cumulative basis through the end of each calendar year, computed net of all realized capital losses, income taxes from realized capital gains and unrealized capital depreciation through the end of such year, less all previous amounts paid in respect of the Capital Gain Fee. The Company accrues the Capital Gain Fee if, on a cumulative basis, the sum of net realized capital gains (losses) plus net unrealized appreciation (depreciation) is positive. An accrued Capital Gain Fee relating to net unrealized appreciation is deferred, and not due to OFS Advisor, until the close of the year in which such gains are realized. If, on a cumulative basis, the sum of net realized capital gains (losses) plus net unrealized appreciation (depreciation) decreases during a period, the Company will reverse any excess Capital Gain Fee previously accrued such that the amount of Capital Gain Fee accrued is no more than 20% of the sum of net realized capital gains (losses) plus net unrealized appreciation (depreciation). Since inception through September 30, 2024, the Company has not made a Capital Gain Fee payment. The Investment Advisory Agreement will remain in effect from year-to-year upon annual approval by the Board or by the affirmative vote of the holders of a majority of the Company’s outstanding voting securities, and, in either case, if also approved by a majority of the Company’s directors who are not “interested persons” as defined in the 1940 Act. The Board most recently approved the continuation of the Investment Advisory Agreement on April 3, 2024. The Investment Advisory Agreement will automatically terminate in the event of its assignment, as defined in the 1940 Act, and may be terminated by the Company or OFS Advisor without penalty upon not less than 60 days written notice to the other. The holders of a majority of our outstanding voting securities may also terminate the Investment Advisory Agreement without penalty upon not less than 60 days written notice. Dealer Manager Agreement: Pursuant to the Dealer Manager Agreement, CCO provides certain sales, promotional and marketing services to the Company in connection with the Offering. The Company pays CCO an aggregate dealer manager fee of an amount up to 3.0% of the gross proceeds from sales of the Offering. CCO may, in its discretion, reallow a portion of the dealer manager fee to participating broker-dealers in support of the Offering. Administration Agreement: OFS Services furnishes the Company with office facilities and equipment, necessary software licenses and subscriptions, and clerical, bookkeeping and record keeping services at such facilities pursuant to the Administration Agreement. The Board most recently approved the continuation of the Administration Agreement on April 3, 2024. Under the Administration Agreement, OFS Services performs, or oversees the performance of, the Company’s required administrative services, which include being responsible for the financial records that the Company is required to maintain and preparing reports to its stockholders and all other reports and materials required to be filed with the SEC or any other regulatory authority. In addition, OFS Services assists the Company in determining and publishing its net asset value, oversees the preparation and filing of its tax returns and the printing and dissemination of reports to its stockholders, and generally oversees the payment of the Company’s expenses and the performance of administrative and professional services rendered to the Company by others. Under the Administration Agreement, OFS Services also provides managerial assistance on the Company’s behalf to those portfolio companies that have accepted the Company’s offer to provide such assistance. Payment under the Administration Agreement is equal to an amount based upon the Company’s allocable portion of OFS Services’s overhead in performing its obligations under the Administration Agreement, including, but not limited to, rent, information technology services and the Company’s allocable portion of the cost of its officers, including its chief executive officer, chief financial officer, chief compliance officer, chief accounting officer, and their respective staffs. To the extent that OFS Services outsources any of its functions, the Company will pay the fees associated with such functions on a direct basis without profit to OFS Services. Amounts charged under the Administration Agreement exclude Contractual Issuer Expenses. Equity Ownership: As of September 30, 2024, affiliates of OFS Advisor held 74,084 shares of common stock, which is approximately 4.4% of the Company’s outstanding shares of common stock. Expenses recognized under agreements with OFS Advisor, CCO and OFS Services and distributions paid to affiliates for the three and nine months ended September 30, 2024 and 2023 are presented below: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Base management fees $ 121,696 $ 152,905 $ 377,842 $ 480,913 Incentive fees (1) 96,023 124,141 330,146 395,860 Administrative fees 166,324 210,949 514,369 664,261 Dealer manager fees — — — 7,100 Reimbursements of offering and Contractual Issuer Expenses — — — 10,650 Distributions paid to affiliates 18,803 18,803 56,408 56,408 (1) During the three and nine months ended September 30, 2024 and 2023, incentives fees were comprised of Income Incentive Fees. Expense Limitation Agreements: The Company benefits from expense limitation agreements with OFS Advisor that operate separately with regard to: (i) the amortization of offering costs and Contractual Issuer Expenses; and (ii) all other operating expenses not constituting such costs. OFS Advisor’s obligation to provide expense support to the Company can be terminated at any time. Expense limitations provided under the Investment Advisory Agreement and Second Amended Expense Support Agreement for the three and nine months ended September 30, 2024 and 2023, are presented below: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net offering costs and Contractual Issuer Expenses limitations (credits) under the Investment Advisory Agreement $ (2,258) $ 123,543 $ 110,051 $ 275,076 Operating expense limitations under the Second Amended Expense Support Agreement — 177,156 — 285,704 Net expense limitations (credits) $ (2,258) $ 300,699 $ 110,051 $ 560,780 During the three months ended September 30, 2024, the Company was issued net credits of $2,258 on previously incurred Contractual Issuer Expenses, resulting in a negative balance for the quarter. The Company did not experience any net cash outflow related to these credits and there is no impact to net operating expenses. As of September 30, 2024 and December 31, 2023, the Company is conditionally obligated to reimburse OFS Advisor for aggregate expense support as follows: September 30, 2024 December 31, 2023 Unreimbursed costs under the Investment Advisory Agreement $ 890,245 $ 829,397 Unreimbursed operating expense support under the Second Amended Expense Support Agreement 144,315 1,315,422 Total conditional reimbursement obligation under expense limitation agreements $ 1,034,560 $ 2,144,819 Offering Costs and Contractual Issuer Expense Limitations: The Company is conditionally liable for offering costs and Contractual Issuer Expenses that OFS Advisor and affiliates have incurred, or OFS Advisor expects to incur, on its behalf, throughout the Offering. The Investment Advisory Agreement entitles OFS Advisor to receive up to 1.5% of the gross proceeds raised in the Offering until all reimbursable offering costs and Contractual Issuer Expenses paid have been recovered. Unreimbursed offering costs and Contractual Issuer Expenses subject to conditional reimbursement as of September 30, 2024, are summarized below based on the period in which the costs were incurred: Period Incurred Unreimbursed Expiration of Reimbursement Eligibility (1) Three months ended December 31, 2021 $ 19,768 December 31, 2024 Year ended December 31, 2022 375,824 December 31, 2025 Year ended December 31, 2023 395,986 December 31, 2026 Nine months ended September 30, 2024 98,667 September 30, 2027 Total unreimbursed offering costs and Contractual Issuer Expenses $ 890,245 (1) Expenses are pooled monthly for the determination of their reimbursement expiration date and are summarized into quarterly and yearly pools for presentation purposes. Expiration of reimbursement eligibility for portions of each pool occurs at each month-end within the periods presented above. All Other Operating Expenses : All other operating expenses, not separately limited under the Investment Advisory Agreement, are limited under the Second Amended Expense Support Agreement such that no distribution by the Company is deemed to be a return of capital contributed by its stockholders. OFS Advisor is required to provide expense support payments to the Company when its distributable taxable income is less than its aggregate distributions declared during the period. For additional details, see the Company’s Annual Report on Form 10 K for the year ended December 31, 2023. Unreimbursed support for operating expenses provided under the Second Amended Expense Support Agreement and conditions for reimbursement to OFS Advisor as of September 30, 2024, are summarized below: Other Operating Expense Ratio Support Provided for the Three Months Ended Unreimbursed Expense Support Annualized for the quarter limitation was provided Annual for year limitation was provided Annualized rate of distribution per share (1) Expiration of reimbursement March 31, 2022 $ 134,376 7.2% 8.1% 7.0% March 31, 2025 December 31, 2022 9,939 8.5% 8.1% 7.8% December 31, 2025 Total $ 144,315 (1) The annualized rate of distributions per share is expressed as a percentage equal to the annualized distribution amount as of the end of the applicable period (which is calculated by annualizing the regular quarterly cash distribution per share as of such date without compounding), divided by our offering price per share as of such date.

Investments

Investments	9 Months Ended
	Sep. 30, 2024
Schedule of Investments [Abstract]
Investments	Investments As of September 30, 2024, the Company had loans to 27 portfolio companies, of which 66% were first lien loans and 34% were second lien loans, at fair value, respectively. The Company also had equity investments in five portfolio companies and investments in six Structured Finance Securities. As of September 30, 2024, the Company’s investments consisted of the following: Percentage of Total Percentage of Total Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets First lien debt investments (1) $ 21,371,716 50.6 % 126.3 % $ 20,168,128 52.8 % 119.2 % Second lien debt investments 11,314,437 26.8 66.8 10,568,860 27.6 62.4 Preferred equity investments 34,464 0.1 0.2 35,583 0.1 0.2 Common equity and warrant investments 340,671 0.8 2.0 505,743 1.3 3.0 Total Portfolio Company Investments 33,061,288 78.3 195.3 31,278,314 81.8 184.8 Structured Finance Securities 9,149,286 21.7 54.1 6,959,771 18.2 41.1 Total investments $ 42,210,574 100.0 % 249.4 % $ 38,238,085 100.0 % 225.9 % (1) Includes unitranche investments (which are loans that combine both senior and subordinated debt, in a first lien position) with an amortized cost and fair value of $12,742,017 and $12,697,707, respectively. As of September 30, 2024, all of the Company’s debt and equity investments were domiciled in the United States, while its Structured Finance Securities were domiciled in the Cayman Islands. These CLO investments generally hold underlying portfolios of debt investments of United States domiciled companies. Geographic composition is determined by the location of the corporate headquarters of the portfolio company. The industry compositions of the Company’s portfolio were as follows: Percentage of Total Percentage of Total Industry Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets Administrative and Support and Waste Management and Remediation Services $ 4,242,334 10.0 % 25.0 % $ 4,052,736 10.6 % 24.0 % Construction 1,015,877 2.4 6.0 996,700 2.6 5.9 Education Services 920,572 2.2 5.4 925,000 2.4 5.5 Finance and Insurance 1,325,319 3.1 7.8 1,343,776 3.5 7.9 Health Care and Social Assistance 6,641,573 15.7 39.3 6,272,544 16.5 37.1 Information 2,319,038 5.5 13.7 1,793,649 4.7 10.5 Management of Companies and Enterprises 1,456,885 3.5 8.6 1,423,537 3.7 8.4 Manufacturing 6,094,069 14.5 36.1 5,963,507 15.6 35.3 Other Services (except Public Administration) 1,410,119 3.3 8.3 1,412,408 3.7 8.3 Professional, Scientific, and Technical Services 3,123,192 7.4 18.4 3,138,156 8.2 18.5 Public Administration 46,403 0.1 0.3 4,212 — — Retail Trade 2,802,645 6.7 16.6 2,520,357 6.6 14.9 Wholesale Trade 1,663,262 3.9 9.8 1,431,732 3.7 8.5 Total Portfolio Company Investments $ 33,061,288 78.3 % 195.3 % $ 31,278,314 81.8 % 184.8 % Structured Finance Securities 9,149,286 21.7 54.1 6,959,771 18.2 41.1 Total investments $ 42,210,574 100.0 % 249.4 % $ 38,238,085 100.0 % 225.9 % As of December 31, 2023, the Company had loans to 28 portfolio companies, of which 67% were first lien loans and 33% were second lien loans, at fair value, respectively. The Company also had equity investments in five portfolio companies and six investments in Structured Finance Securities. As of December 31, 2023, the Company's investments consisted of the following: Percentage of Total Percentage of Total Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets First lien debt investments (1) $ 23,812,835 51.2 % 123.7 % $ 23,501,556 55.4 % 122.1 % Second lien debt investments 12,881,769 27.7 66.9 11,486,832 27.0 59.7 Preferred equity investments 34,464 0.1 0.2 34,410 0.1 0.2 Common equity and warrant investments 340,671 0.7 1.8 356,733 0.8 1.9 Total debt and equity investments 37,069,739 79.7 192.6 35,379,531 83.3 183.9 Structured Finance Securities 9,425,888 20.3 49.0 7,096,541 16.7 36.8 Total investments $ 46,495,627 100.0 % 241.6 % $ 42,476,072 100.0 % 220.7 % (1) Includes unitranche investments (which are loans that combine both senior and subordinated debt, in a first lien position) with an amortized cost and fair value of $17,483,339 and $17,384,403, respectively. As of December 31, 2023, all of the Company’s debt and equity investments were domiciled in the United States, while its Structured Finance Securities were domiciled in the Cayman Islands. These CLO investments generally hold underlying portfolios of debt investments of United States domiciled companies. Geographic composition is determined by the location of the corporate headquarters of the portfolio company. The industry compositions of the Company’s portfolio were as follows: Percentage of Total Percentage of Total Industry Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets Administrative and Support and Waste Management and Remediation Services $ 4,244,326 9.2 % 22.1 % $ 4,108,120 9.7 % 21.4 % Education Services 1,403,992 3.0 7.3 1,419,567 3.4 7.4 Health Care and Social Assistance 6,497,533 14.0 33.8 6,302,612 14.9 32.7 Information 2,305,315 4.9 12.0 2,269,271 5.4 11.8 Finance and Insurance 1,327,208 2.9 6.9 1,327,208 3.1 6.9 Management of Companies and Enterprises 1,294,517 2.8 6.7 1,236,662 2.9 6.4 Manufacturing 4,381,905 9.4 22.8 4,157,307 9.8 21.6 Professional, Scientific, and Technical Services 1,638,063 3.6 8.5 1,652,392 3.9 8.6 Public Administration 46,403 0.1 0.2 2,699 — — Retail Trade 4,336,757 9.2 22.5 4,401,664 10.3 22.9 Wholesale Trade 9,593,720 20.6 49.8 8,502,029 19.9 44.2 Total debt and equity investments $ 37,069,739 79.7 % 192.6 % $ 35,379,531 83.3 % 183.9 % Structured Finance Securities 9,425,888 20.3 49.0 7,096,541 16.7 36.8 Total investments $ 46,495,627 100.0 % 241.6 % $ 42,476,072 100.0 % 220.7 % Non-Accrual Loans: Management reviews, for placement on non-accrual status, all loans and CLO mezzanine debt investments that become past due on principal and interest, and/or when there is reasonable doubt that principal or interest will be collected. When a loan is placed on non-accrual status, accrued and unpaid cash interest is reversed. Additionally, Net Loan Fees are no longer recognized as of the date the loan is placed on non-accrual status. Depending upon management’s judgment, interest payments subsequently received on non-accrual investments may be recognized as interest income or applied as a reduction to amortized cost. Interest accruals and Net Loan Fee amortization are resumed on non-accrual investments only when they are brought current with respect to principal and interest payments and, in the judgment of management, it is probable that the Company will collect all principal and interest from the investment. For the three and nine months ended September 30, 2024, no new loans were placed on non-accrual status. As of September 30, 2024, the Company had no loans on non-accrual status, and, as of December 31, 2023, the Company had loans on non-accrual status with an aggregate cost and fair value of $865,283 and $36,810, respectively. Portfolio Concentration: The following table presents the Company’s portfolio companies based on fair value that comprise greater than 10% of the Company’s total net assets as of September 30, 2024. Percentage of Total Portfolio Company Investment Type Industry Amortized Cost Fair Value Fair Value Net Assets Apex Credit CLO 2020 Ltd. (1) Subordinated Note Structured Finance Securities $ 3,251,464 $ 2,644,616 6.9 % 15.6 % Convergint Technologies Holdings, LLC Second Lien Debt Administrative and Support and Waste Management and Remediation Services 2,036,726 1,950,956 5.1 11.5 Heritage Grocers Group, LLC (F/K/A Tony's Fresh Market / Cardenas Markets) First Lien Debt Retail Trade 1,878,730 1,938,763 5.1 11.5 Honor HN Buyer, Inc. First Lien Debt Health Care and Social Assistance 1,796,553 1,815,547 4.7 10.7 BCPE North Star US Holdco 2, Inc. (F/K/A Dessert Holdings) Second Lien Debt Ice Cream and Frozen Dessert Manufacturing 1,696,119 1,721,500 4.5 10.2 (1) As of September 30, 2024, approximately 12% and 28% of the Company’s total portfolio at fair value and its net assets, respectively, were comprised of Structured Finance Securities managed by a single adviser.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s investments are carried at fair value and determined in accordance with ASC 820 and a documented valuation policy that is applied in a consistent manner. Pursuant to Rule 2a-5 of the 1940 Act (“Rule 2a-5”), the Board designated OFS Advisor as the valuation designee to perform fair value determinations relating to the Company’s investments, and the Board maintains oversight of OFS Advisor in its capacity as valuation designee, as prescribed in Rule 2a-5. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair values are determined with models or other valuation techniques, valuation inputs, and assumptions that market participants would use in pricing an asset or liability. Valuation inputs are organized in a hierarchy that gives the highest priority to prices for identical assets or liabilities quoted in active markets (Level 1) and the lowest priority to fair values based on unobservable inputs (Level 3). The three levels of inputs in the fair value hierarchy are described below: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date. Level 2: Inputs other than quoted prices within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Unobservable inputs for the asset or liability, and situations where there is little, if any, market activity for the asset or liability at the measurement date. The inputs into the determination of fair value are based upon the best information under the circumstances and may require management to exercise significant judgment or estimation. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the investment. The Company generally categorizes its investment portfolio into Level 3, and to a lesser extent Level 2, of the hierarchy. The Company assesses the levels of the investments at each measurement date, and transfers between levels are recognized on the measurement date. The following table presents the Company’s transfers of Level 2 and Level 3 debt investments for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Transfers from Level 2 to Level 3 $ — $ — $ — $ — Transfers from Level 3 to Level 2 — 1,985,782 4,471,313 1,985,782 Transfers between levels during the reporting periods were due to the availability of reliable Indicative Prices in those periods. The Company classifies loan investments as Level 2 when sufficient Indicative Prices are available, and the depth of the market is sufficient, in management's judgment, to transact at those prices in amounts approximating the Company’s investment position at the measurement date. Due to the inherent uncertainty of determining the fair value of Level 3 investments, the fair value of the investments may differ significantly from the values that would have been used had a ready market or observable inputs existed for such investments and may differ materially from the values that may ultimately be received or settled. Further, such investments are generally subject to legal and other restrictions, or otherwise are less liquid than publicly traded instruments. If the Company were required to liquidate a portfolio investment in a forced or liquidation sale, the Company might realize significantly less than the value at which such investment had previously been recorded and incur a realized capital loss. The Company’s investments are subject to market risk as a result of economic and political developments, including impacts from interest rate changes and elevated inflation rates, the ongoing war between Russia and Ukraine, the escalated armed conflict in the Middle East, instability in the U.S. and international banking systems, uncertainties related to the 2024 U.S. presidential election, the risk of recession or a shutdown of U.S. government services and related market volatility. Market risk is directly impacted by the volatility and liquidity in the markets in which certain investments are traded and can affect the fair value of the Company’s investments. The Company’s investments are also subject to interest rate risk. Changes in interest rates, including potential additional interest rate reductions approved by the U.S. Federal Reserve, may impact our investment income, cost of funding and the valuation of our investment portfolio. The following tables present the Company’s investment portfolio measured at fair value on a recurring basis as of September 30, 2024 and December 31, 2023, respectively: Security Level 1 Level 2 Level 3 Fair Value as of September 30, 2024 Debt investments $ — $ 10,901,544 $ 19,835,444 $ 30,736,988 Equity investments — — 541,326 541,326 Structured Finance Securities — — 6,959,771 6,959,771 $ — $ 10,901,544 $ 27,336,541 $ 38,238,085 Security Level 1 Level 2 Level 3 Fair Value as of December 31, 2023 Debt investments $ — $ 3,541,056 $ 31,447,332 $ 34,988,388 Equity investments — — 391,143 391,143 Structured Finance Securities — — 7,096,541 7,096,541 $ — $ 3,541,056 $ 38,935,016 $ 42,476,072 The following tables provide the primary quantitative information about valuation techniques and the Company’s unobservable inputs to its Level 3 fair value measurements as of September 30, 2024 and December 31, 2023. The Company may make changes to the valuation techniques, among techniques otherwise commonly utilized in accordance with its valuation policies, and/or the weighting of techniques used for particular investments based on changes in facts-and-circumstances and depending on the availability of, or changes in, information in order to produce the best estimate of fair value as of the measurement date. In addition to the techniques and unobservable inputs noted in the tables below and in accordance with OFS Advisor’s valuation policy, OFS Advisor, as valuation designee, may also use other valuation techniques and methodologies when determining the fair value measurements of the Company’s investment assets. The tables are not intended to be all-inclusive and only present the most significant unobservable input(s) relevant to the valuation designee’s determination of fair value. Fair Value as of September 30, 2024 Valuation techniques Unobservable input Range Debt investments: First Lien $ 12,629,948 Discounted cash flow Discount rates 8.55% - 17.91% (11.77%) Second Lien 6,151,523 Discounted cash flow Discount rates 13.07% - 19.50% (14.98%) 1,053,973 Market approach Revenue multiples 0.93x - 0.93x (0.93x) Structured Finance Securities (1) : Subordinated notes and other CLO equity related investments 5,955,675 Discounted cash flow Discount rates 9.94% - 33.50% (26.62%) Constant default rate 2.00% - 2.00% (2.00%) Recovery rate 65.00% - 65.00% (65.00%) Mezzanine debt 1,004,096 Discounted cash flow Discount margin 8.65% - 8.65% (8.65%) Constant default rate 3.00% - 3.00% (3.00%) Recovery rate 65.00% - 65.00% (65.00%) Equity investments: Preferred equity 35,583 Market approach EBITDA multiples 7.50x - 7.50x (7.50x) Common equity and warrants 505,743 Market approach EBITDA multiples 6.20x - 15.75x (12.37x) $ 27,336,541 (1) The cash flows utilized in the discounted cash flow calculations assume: (i) immediate liquidation of (a) certain distressed investments and (b) all investments currently in default held by the issuing CLO at their current market prices; and (ii) redeployment of proceeds at the issuing CLO’s assumed reinvestment rate. Fair Value at December 31, 2023 Valuation techniques Unobservable inputs Range Debt investments: First lien $ 15,935,793 Discounted cash flow Discount rates 9.55% - 17.53% (11.94%) 4,024,707 Market approach Transaction Price Second lien 9,505,578 Discounted cash flow Discount rates 10.45% - 21.70% (13.54%) 1,018,754 Market approach Revenue multiples 0.90x - 1.20x (0.91x) 962,500 Market approach Transaction Price Structured Finance Securities (1) : Subordinated notes and other CLO equity related investments 6,129,390 Discounted cash flow Discount rates 9.94% - 32.00% (27.32%) Constant default rate 2.00% - 2.00% (2.00%) Recovery rate 65.00% - 65.00% (65.00%) Mezzanine debt 967,151 Discounted cash flow Discount margin 9.50% - 9.50% (9.50%) Constant default rate 3.00% - 3.00% (3.00% Recovery rate 65.00% - 65.00% (65.00%) Equity investments: Preferred equity 34,410 Market Approach EBITDA multiples 7.50x - 7.50x (7.50x) Common equity and warrants 316,731 Market approach EBITDA multiples 7.50x - 16.50x (13.71x) 40,002 Market Approach Revenue multiples 0.70x - 0.70x (0.70x) $ 38,935,016 (1) The cash flows utilized in the discounted cash flow calculations assume: (i) liquidation of (a) certain distressed investments and (b) all investments currently in default held by the issuing CLO at their current market prices; and (ii) redeployment of proceeds at the issuing CLO’s assumed reinvestment rate. Averages in the preceding two tables were weighted by the fair value of the related instruments. Changes in market credit spreads or events impacting the credit quality of the underlying portfolio company (both of which could impact the discount rate), as well as changes in enterprise value and/or EBITDA multiples, among other things, could have a significant impact on fair values, with the fair value of a particular debt investment susceptible to change in inverse relation to the changes in the discount rate. Changes in enterprise value and/or EBITDA multiples, as well as changes in the discount rate, could have a significant impact on fair values, with the fair value of an equity investment susceptible to change in tandem with the changes in enterprise value and/or EBITDA multiples, and in inverse relation to changes in the discount rate. Due to the wide range of approaches in developing input assumptions to these valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following tables present changes in the investments measured at fair value using Level 3 inputs for the nine months ended September 30, 2024 and 2023, respectively: First Lien Debt Investments Second Lien Debt Investments Preferred Equity Common Equity and Warrants Structured Finance Securities Total Level 3 assets, December 31, 2023 $ 19,960,500 $ 11,486,832 $ 34,410 $ 356,733 $ 7,096,541 $ 38,935,016 Net realized losses — (797,032) — — — (797,032) Net unrealized appreciation (depreciation) on investments (235,549) 647,073 1,173 149,010 139,832 701,539 Amortization of Net Loan Fees 109,650 106,675 — — 12,190 228,515 Paid-in-kind interest income 11,491 166,367 — — — 177,858 Accretion of interest income on Structured Finance Securities — — — — 866,726 866,726 Purchase of portfolio investments 1,484,843 860,000 — — — 2,344,843 Proceeds from principal payments on portfolio investments (6,157,584) (3,245,211) — — — (9,402,795) Sale or redemption of portfolio investments — (68,252) — — — (68,252) Proceeds from distributions received from portfolio investments — — — — (1,155,518) (1,155,518) Amendment fees received (23,046) — — — — (23,046) Transfers from Level 3 to Level 2 (2,520,357) (1,950,956) — — — (4,471,313) Level 3 assets, September 30, 2024 $ 12,629,948 $ 7,205,496 $ 35,583 $ 505,743 $ 6,959,771 $ 27,336,541 First Lien Debt Investments Second Lien Debt Investments Subordinated Preferred Equity Common Equity and Warrants Structured Finance Notes Total Level 3 assets, December 31, 2022 $ 21,702,915 $ 14,305,307 $ 58,092 $ — $ 344,400 $ 8,924,790 $ 45,335,504 Net unrealized appreciation (depreciation) on investments 233,049 (497,173) 426,638 (59) 153,128 (925,703) (610,120) Net realized gain (loss) on investments — — (484,730) — 16,070 — (468,660) Amortization of Net Loan Fees 84,785 55,706 — — — 34,215 174,706 Paid-in-kind interest income 16,462 8,887 — — — — 25,349 Accretion of interest income on Structured Finance Securities — — — — — 1,133,191 1,133,191 Purchase of portfolio investments 2,524,613 — — 34,464 18,750 — 2,577,827 Proceeds from principal payments on portfolio investments (4,670,728) — — — — — (4,670,728) Proceeds from distributions received from portfolio investments — — — — (173,737) (963,472) (1,137,209) Amendment fees received (2,969) (7,571) — — — — (10,540) Transfers from Level 3 to Level 2 (1,985,782) — — — — — (1,985,782) Level 3 assets, September 30, 2023 $ 17,902,345 $ 13,865,156 $ — $ 34,405 $ 358,611 $ 8,203,021 $ 40,363,538 The net unrealized appreciation (depreciation) reported in the Company’s consolidated statements of operations for the nine months ended September 30, 2024 and 2023, attributable to the Company’s Level 3 assets still held at those respective period ends, was as follows: Nine Months Ended September 30, 2024 2023 Debt investments $ 83,547 $ (335,113) Equity investments 150,183 103,070 Structured Finance Securities 139,832 (925,701) Net unrealized appreciation (depreciation) on investments held $ 373,562 $ (1,157,744) Other Financial Assets and Liabilities GAAP requires disclosure of the fair value of financial instruments for which it is practical to estimate such values. The Company believes that the carrying amounts of its other financial instruments, such as cash, cash equivalents, receivables and payables, approximate the fair value of such items due to the short maturity of such financial instruments. The Banc of California Credit Facility is a variable rate instrument and fair value approximates book value as of September 30, 2024 and December 31, 2023. The following tables present the fair value measurements of the Company’s debt and the level within the fair value hierarchy of the significant unobservable inputs used to determine such fair values as of September 30, 2024 and December 31, 2023: September 30, 2024 Description Level 1 Level 2 Level 3 (1) Total Banc of California Credit Facility $ — $ — $ 5,665,000 $ 5,665,000 Unsecured Note — — 14,379,601 14,379,601 Total debt, at fair value $ — $ — $ 20,044,601 $ 20,044,601 December 31, 2023 Description Level 1 Level 2 Level 3 (1) Total Banc of California Credit Facility $ — $ — $ 7,665,000 $ 7,665,000 Unsecured Note — — 13,935,862 13,935,862 Total debt, at fair value $ — $ — $ 21,600,862 $ 21,600,862 (1) For Level 3 measurements, fair value is estimated by discounting remaining payments using current market rates for similar instruments at the measurement date and considering such factors as the legal maturity date. The following table sets forth the carrying values and fair values of the Company’s debt as of September 30, 2024 and December 31, 2023: September 30, 2024 December 31, 2023 Description Carrying Value (1) Fair Value Carrying Value (1) Fair Value Banc of California Credit Facility $ 5,665,000 $ 5,665,000 $ 7,665,000 $ 7,665,000 Unsecured Note 14,842,512 14,379,601 14,787,997 13,935,862 Total debt $ 20,507,512 $ 20,044,601 $ 22,452,997 $ 21,600,862 (1) Carrying value of the Unsecured Note is calculated as the outstanding principal amount less unamortized deferred debt issuance costs. The information presented should not be interpreted as an estimate of the fair value of the entire Company since fair value measurements are only required for a portion of the Company’s assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The following table presents the Company’s outstanding commitments to fund investments to portfolio companies as of September 30, 2024: Portfolio Company Investment Type Commitment Boca Home Care Holdings, Inc. First Lien Debt (Revolver) $ 129,032 Clevertech Bidco, LLC First Lien Debt (Revolver) 126,033 Flow Service Partners Management, LLC First Lien Debt (Revolver) 159,091 Honor HN Buyer Inc. First Lien Debt (Revolver) 86,634 Honor HN Buyer Inc. First Lien Debt (Delayed Draw) 151,909 Medrina LLC First Lien Debt (Revolver) 106,383 Medrina LLC First Lien Debt (Delayed Draw) 148,936 Tolemar Acquisition, Inc. First Lien Debt (Revolver) 57,353 $ 965,371 As of September 30, 2024, the Company had cash and cash equivalents of $2,470,786 and an unused commitment of $14,335,000 under the Banc of California Credit Facility, subject to the terms of the borrowing base, to fund these outstanding commitments to portfolio companies. The following table shows the Company’s outstanding commitments to fund investments to portfolio companies as of December 31, 2023: Portfolio Company Investment Type Commitment Boca Home Care Holdings, Inc. First Lien Debt (Revolver) $ 129,032 Clevertech Bidco, LLC First Lien Debt (Revolver) 126,033 Honor HN Buyer Inc. First Lien Debt (Revolver) 86,634 Honor HN Buyer Inc. First Lien Debt (Delayed Draw) 239,038 Medrina LLC First Lien Debt (Revolver) 106,383 Medrina LLC First Lien Debt (Delayed Draw) 148,936 Metasource, LLC First Lien Debt (Delayed Draw) 300,000 One GI LLC First Lien Debt (Revolver) 166,667 Tolemar Acquisition, Inc. First Lien Debt (Revolver) 169,853 $ 1,472,576 Legal and regulatory proceedings: From time to time, the Company is involved in legal proceedings in the normal course of its business. Although the outcome of such litigation cannot be predicted with any certainty, management is of the opinion, based on the advice of legal counsel, that final disposition of any litigation should not have a material adverse effect on the financial position of the Company as of September 30, 2024. Additionally, the Company is subject to periodic inspection by regulators to assess compliance with applicable BDC regulations. Indemnifications:

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Borrowings	Borrowings Banc of California Credit Facility: On September 12, 2018, the Company entered into the Banc of California Credit Facility. The Banc of California Credit Facility bears interest at a variable rate of the Prime Rate plus a 0.25% margin and includes an annual commitment fee of $100,000 (based upon the current maximum principal amount of the facility). On December 15, 2023, the Company amended the Banc of California Credit Facility to: (i) extend the maturity date from August 31, 2024 to February 28, 2026; (ii) reduce the interest rate from Prime Rate plus 0.75% to Prime Rate plus 0.25%; (iii) increase the interest rate floor from 4.25% to 5.00%; and (iv) eliminate the 0.50% unused line fee and replace it with an annual commitment fee of 0.50% of the maximum principal amount of the facility. Fees and legal costs incurred in connection with the Banc of California Credit Facility are amortized over the life of the facility. The maximum availability of the Banc of California Credit Facility is equal to 50% of the aggregate outstanding principal amount of eligible loans included in the borrowing base, which excludes subordinated loan investments and as otherwise specified in the BLA, subject to an overall maximum principal amount of $20,000,000. The Company has made customary representations and warranties and is required to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities. As of September 30, 2024 and December 31, 2023, the Company had outstanding debt of $5,665,000 and $7,665,000 under the Banc of California Credit Facility, respectively, and $14,335,000 and $12,335,000 of unused commitments subject to the terms of the borrowing base, respectively. For the three and nine months ended September 30, 2024 and 2023, the components of interest expense, cash paid for interest, average interest rates and average outstanding balances for the Banc of California Credit Facility were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Stated interest expense (1) $ 127,870 $ 308,373 $ 450,267 $ 1,028,471 Amortization of debt issuance costs 25,366 440 76,099 1,323 Total interest and debt financing costs $ 153,236 $ 308,813 $ 526,366 $ 1,029,794 Cash paid for interest expense $ 128,913 $ 306,928 $ 449,994 $ 1,029,918 Effective interest rate 10.64 % 9.55 % 10.36 % 8.99 % Average outstanding balance $ 5,760,652 $ 12,935,109 $ 6,775,219 $ 15,277,454 (1) For the three and nine months ended September 30, 2023, stated interest expense includes unused fees. Unsecured Note: On November 27, 2019, the Company entered into the Note Purchase Agreement under which the Company sold the Unsecured Note. The Unsecured Note bears interest at a fixed rate of 5.50% and matures on November 27, 2026. The Company may, at its option, upon notice to the purchaser, redeem at any time all, or from time to time, any part of, the Unsecured Note, in an amount not less than 10% of the aggregate principal amount of the Unsecured Note then outstanding in the case of a partial redemption, at 100% of the principal amount so redeemed, together with interest on such Unsecured Note accrued to, but excluding, the date of redemption, and with no redemption settlement amount paid by the Company in connection with any such redemption. Fees and legal costs incurred with the Unsecured Note are amortized over the life of the facility. The Note Purchase Agreement, as amended, contains customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants, such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the 1940 Act and a minimum asset coverage ratio. The Note Purchase Agreement, as amended, also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, certain judgements and orders and certain events of bankruptcy. On each of September 30, 2024 and December 31, 2023, the Company’s Unsecured Note had an aggregate outstanding principal of $15,000,000. For the three and nine months ended September 30, 2024 and 2023, the components of interest expense, cash paid for interest, average interest rates and average outstanding balances for the Unsecured Note were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Stated interest expense $ 206,250 $ 206,250 $ 618,750 $ 618,750 Amortization of debt issuance costs 18,173 18,173 54,515 54,515 Total interest and debt financing costs $ 224,423 $ 224,423 $ 673,265 $ 673,265 Cash paid for interest expense $ 206,250 $ 206,250 $ 618,750 $ 618,750 Effective interest rate 5.98 % 5.98 % 5.98 % 5.98 % Average outstanding balance $ 15,000,000 $ 15,000,000 $ 15,000,000 $ 15,000,000 For the three and nine months ended September 30, 2024 and 2023, the average dollar borrowings and weighted average effective interest rate on the Company’s outstanding borrowings were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Average dollar borrowings $ 20,760,652 $ 27,935,109 $ 21,775,219 $ 30,277,454 Weighted average effective interest rate 7.28 % 7.64 % 7.35 % 7.50 %

Financial Highlights

Financial Highlights	9 Months Ended
	Sep. 30, 2024
Investment Company [Abstract]
Financial Highlights	Financial Highlights The following is a schedule of financial highlights for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Per Share Operating Performance: Net asset value per share at beginning of period $ 10.57 $ 10.68 $ 10.49 $ 11.13 Net investment income (1) 0.22 0.35 0.74 0.95 Net realized gain (loss), net of taxes (1) — 0.01 (0.45) (0.26) Net unrealized appreciation (depreciation) on investments, net of deferred taxes (1) (0.54) 0.01 — (0.28) Total net income (loss) from operations (1) (0.32) 0.37 0.29 0.41 Distributions (2) (0.25) (0.25) (0.76) (0.76) Repurchase of common stock (1)(3) — — (0.02) 0.02 Net asset value per share at end of period $ 10.00 $ 10.80 $ 10.00 $ 10.80 Total return based on net asset value (4)(5) (3.0) % 3.5 % 2.5 % 4.1 % Shares outstanding at end of period 1,693,121 1,885,078 1,693,121 1,885,078 Weighted average shares outstanding 1,737,056 1,932,833 1,784,610 1,965,593 Ratio/Supplemental Data Average net asset value (6) $ 17,656,080 $ 20,505,989 $ 18,329,561 $ 21,054,588 Net asset value at end of period $ 16,927,297 $ 20,350,496 $ 16,927,297 $ 20,350,496 Net investment income $ 384,091 $ 673,719 $ 1,320,585 $ 1,869,144 Ratio of net operating expenses to average net assets (7) 23.5 % 22.0 % 23.8 % 24.5 % Ratio of net investment income to average net assets (7) 8.7 % 13.1 % 9.6 % 11.8 % Portfolio turnover (8) 13.5 % 0.1 % 18.4 % 5.1 % (1) Calculated on the average share method. (2) The per share data for distributions is the actual amount of distributions declared per share during the period. The determination of the tax attributes of the Company’s distributions is made annually as of the end of its fiscal year based upon its estimated ICTI for the full year and distributions paid for the full year. The Company anticipates its distributions to be comprised 100% from net investment income. (3) The repurchase of common stock on a per share basis reflects the incremental net asset value change as a result of the retirement of shares from the Company’s repurchases of common stock and the dilutive or anti-dilutive impact from significant changes in weighted-average shares outstanding during the period. (4) Calculated as ending net asset value less beginning net asset value, adjusting for cumulative monthly distributions reinvested at the Company’s quarter-end net asset value. (5) Not annualized. (6) Based on the average of the net asset value at the beginning and end of the indicated period and, if applicable, the preceding calendar quarters. (7) Annualized. (8) Portfolio turnover rate is calculated using the lesser of period-to-date sales, portfolio investment distributions and principal payments or period-to-date purchases over the average of the invested assets at fair value.

Capital Transactions

Capital Transactions	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Capital Transactions	Capital Transactions Common stock transactions Below is a summary of transactions with respect to shares of the Company’s common stock issued in the Offering during the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Shares Amount Shares Amount Shares Amount Shares Amount Gross proceeds from the Offering — $ — — $ — — $ — 57,618 $ 710,000 Commissions and dealer manager fees — — — — — — — (48,000) Net proceeds to the Company — $ — — $ — — $ — 57,618 $ 662,000 Repurchases of Shares The following table summarizes the common stock repurchases by the Company for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Shares Amount Shares Amount Shares Amount Shares Amount Repurchase of common stock 46,460 $ 472,033 49,926 $ 542,189 142,478 $ 1,482,705 150,234 $ 1,642,606 All repurchased shares were retired upon acquisition. Distributions The following table reflects the cash distributions per share that the Company declared on its common stock during the nine months ended September 30, 2024 and 2023. Stockholders of record as of each respective record date were entitled to receive the distribution. Date Declared Record Dates Payment Date Per Share Amount Cash Distribution Nine Months Ended September 30, 2024 January 27, 2024 January 29, 2024 February 5, 2024 $ 0.0846 $ 155,292 February 27, 2024 February 27, 2024 March 5, 2024 0.0846 155,292 March 27, 2024 March 27, 2024 April 5, 2024 0.0846 151,178 April 26, 2024 April 26, 2024 May 6, 2024 0.0846 151,178 May 29, 2024 May 29, 2024 June 5, 2024 0.0846 151,178 June 26, 2024 June 26, 2024 July 5, 2024 0.0846 147,168 July 27, 2024 July 29, 2024 August 5, 2024 0.0846 147,168 August 28, 2024 August 28, 2024 September 5, 2024 0.0846 147,168 September 26, 2024 September 26, 2024 October 7, 2024 0.0846 143,238 Total $ 0.7614 $ 1,348,860 Nine Months Ended September 30, 2023 January 26, 2023 January 27, 2023 February 6, 2023 $ 0.0846 $ 167,313 February 23, 2023 February 24, 2023 March 6, 2023 0.0846 167,595 March 29, 2023 March 29, 2023 April 5, 2023 0.0846 166,868 April 25, 2023 April 26, 2023 May 5, 2023 0.0846 166,868 May 26, 2023 May 26, 2023 June 5, 2023 0.0846 166,868 June 28, 2023 June 28, 2023 July 5, 2023 0.0846 162,632 July 27, 2023 July 27, 2023 August 7, 2023 0.0846 163,701 August 28, 2023 August 29, 2023 September 5, 2023 0.0846 163,701 September 26, 2023 September 27, 2023 October 5, 2023 0.0846 159,478 Total $ 0.7614 $ 1,485,024 Certain of the above distributions were funded, in part, through the reimbursement of certain operating expenses under the Second Amended Expense Support Agreement. The Second Amended Expense Support Agreement is designed to ensure no portion of the Company’s distribution to stockholders will be paid from Offering proceeds, such that no distribution is deemed to be a return of capital contributed by its stockholders, and will provide for expense reduction payments to the Company in any quarterly period in which the Company’s aggregate distributions to stockholders exceeds the Company’s cumulative ICTI and net realized gains. The Second Amended Expense Support Agreement may be terminated by OFS Advisor, without payment of any penalty, with or without notice to the Company. However, the Second Amended Expense Support Agreement is subordinated to the Banc of California Credit Facility, and prior to cancelling the Second Amended Expense Support Agreement, OFS Advisor must provide Banc of California with 30 days advance written notice of termination of the Second Amended Expense Support Agreement. The determination of the tax attributes of the Company’s distributions is made annually as of the end of its fiscal year based upon its estimated ICTI for the full year and distributions paid for the full year. Each year, a statement on Form 1099-DIV identifying the tax character of distributions is mailed to the Company’s stockholders.

Subsequent Events Not Disclosed

Subsequent Events Not Disclosed Elsewhere	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events Not Disclosed Elsewhere	Subsequent Events Not Disclosed Elsewhere On October 29, 2024, the Board declared a distribution of $0.0846 per common share, which represents a 9.0% annualized distribution yield based on the Company’s common stock offering price as of October 30, 2024, which was paid on November 5, 2024 to stockholders of record on October 29, 2024. On November 5, 2024, the Board approved a tender offer, commencing on November 27, 2024, to purchase 2.5% of the weighted average number of shares of the outstanding common stock for the trailing 12-month period ending September 30, 2024.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net increase in net assets resulting from operations	$ (547,958)	$ 718,083	$ 511,376	$ 798,179

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation: The accompanying interim consolidated financial statements of the Company and related financial information have been prepared in accordance with GAAP in the United States of America for interim financial information and pursuant to ASC Topic 946, Financial Services–Investment Companies , the requirements for reporting on Form 10-Q, and Articles 6, 10 and 12 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for annual financial statements. However, in the opinion of management, the consolidated financial statements include all adjustments, consisting only of normal and recurring accruals and adjustments, necessary for fair presentation as of, and for, the periods presented. These consolidated financial statements and notes hereto should be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report on Form 10 K for the year ended December 31, 2023, filed on March 18, 2024. The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for the full year.
Reclassifications	Reclassifications: Certain prior period amounts have been reclassified to conform to the current period presentation in the consolidated financial statements and the accompanying notes thereto. Reclassifications did not impact net increase (decrease) in net assets resulting from operations, total assets, total liabilities or total net assets, or consolidated statements of changes in net assets and consolidated statements of cash flows classifications.
Use of estimates	Use of estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of investment income, expenses, gains and losses during the reporting period. Actual results could differ significantly from those estimates.
Cash and cash equivalents	Cash and cash equivalents: The Company’s cash and cash equivalent balances are maintained with a member bank of the Federal Deposit Insurance Corporation (“FDIC”) and at times, such balances may exceed the FDIC insurance limits. The Company does not believe its cash and cash equivalent balances are exposed to any significant credit risk. Cash and cash equivalent balances are held in a US Bank Trust Company, National Association money market deposit account.
Concentration of credit risk	Concentration of credit risk: Aside from the Company’s investments, financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash deposits at financial institutions. At various times during the year, the Company exceeds the federally insured limit. The Company places cash deposits only with high credit quality institutions that it believes will mitigate the risk of loss due to credit risk. If borrowers completely fail to perform according to the terms of the contracts, the amount of loss due to credit risk from the Company’s investments is equal to the sum of the Company’s recorded investments and the unfunded commitments disclosed in Note 6.

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Expenses recognized under agreements with OFS Advisor, CCO and OFS Services and distributions paid to affiliates for the three and nine months ended September 30, 2024 and 2023 are presented below: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Base management fees $ 121,696 $ 152,905 $ 377,842 $ 480,913 Incentive fees (1) 96,023 124,141 330,146 395,860 Administrative fees 166,324 210,949 514,369 664,261 Dealer manager fees — — — 7,100 Reimbursements of offering and Contractual Issuer Expenses — — — 10,650 Distributions paid to affiliates 18,803 18,803 56,408 56,408 (1) During the three and nine months ended September 30, 2024 and 2023, incentives fees were comprised of Income Incentive Fees. Expense limitations provided under the Investment Advisory Agreement and Second Amended Expense Support Agreement for the three and nine months ended September 30, 2024 and 2023, are presented below: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net offering costs and Contractual Issuer Expenses limitations (credits) under the Investment Advisory Agreement $ (2,258) $ 123,543 $ 110,051 $ 275,076 Operating expense limitations under the Second Amended Expense Support Agreement — 177,156 — 285,704 Net expense limitations (credits) $ (2,258) $ 300,699 $ 110,051 $ 560,780 As of September 30, 2024 and December 31, 2023, the Company is conditionally obligated to reimburse OFS Advisor for aggregate expense support as follows: September 30, 2024 December 31, 2023 Unreimbursed costs under the Investment Advisory Agreement $ 890,245 $ 829,397 Unreimbursed operating expense support under the Second Amended Expense Support Agreement 144,315 1,315,422 Total conditional reimbursement obligation under expense limitation agreements $ 1,034,560 $ 2,144,819 Unreimbursed offering costs and Contractual Issuer Expenses subject to conditional reimbursement as of September 30, 2024, are summarized below based on the period in which the costs were incurred: Period Incurred Unreimbursed Expiration of Reimbursement Eligibility (1) Three months ended December 31, 2021 $ 19,768 December 31, 2024 Year ended December 31, 2022 375,824 December 31, 2025 Year ended December 31, 2023 395,986 December 31, 2026 Nine months ended September 30, 2024 98,667 September 30, 2027 Total unreimbursed offering costs and Contractual Issuer Expenses $ 890,245 (1) Expenses are pooled monthly for the determination of their reimbursement expiration date and are summarized into quarterly and yearly pools for presentation purposes. Expiration of reimbursement eligibility for portions of each pool occurs at each month-end within the periods presented above. Unreimbursed support for operating expenses provided under the Second Amended Expense Support Agreement and conditions for reimbursement to OFS Advisor as of September 30, 2024, are summarized below: Other Operating Expense Ratio Support Provided for the Three Months Ended Unreimbursed Expense Support Annualized for the quarter limitation was provided Annual for year limitation was provided Annualized rate of distribution per share (1) Expiration of reimbursement March 31, 2022 $ 134,376 7.2% 8.1% 7.0% March 31, 2025 December 31, 2022 9,939 8.5% 8.1% 7.8% December 31, 2025 Total $ 144,315 (1) The annualized rate of distributions per share is expressed as a percentage equal to the annualized distribution amount as of the end of the applicable period (which is calculated by annualizing the regular quarterly cash distribution per share as of such date without compounding), divided by our offering price per share as of such date.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Schedule of Investments [Abstract]
Schedule of Investments	As of September 30, 2024, the Company’s investments consisted of the following: Percentage of Total Percentage of Total Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets First lien debt investments (1) $ 21,371,716 50.6 % 126.3 % $ 20,168,128 52.8 % 119.2 % Second lien debt investments 11,314,437 26.8 66.8 10,568,860 27.6 62.4 Preferred equity investments 34,464 0.1 0.2 35,583 0.1 0.2 Common equity and warrant investments 340,671 0.8 2.0 505,743 1.3 3.0 Total Portfolio Company Investments 33,061,288 78.3 195.3 31,278,314 81.8 184.8 Structured Finance Securities 9,149,286 21.7 54.1 6,959,771 18.2 41.1 Total investments $ 42,210,574 100.0 % 249.4 % $ 38,238,085 100.0 % 225.9 % (1) Includes unitranche investments (which are loans that combine both senior and subordinated debt, in a first lien position) with an amortized cost and fair value of $12,742,017 and $12,697,707, respectively. Percentage of Total Percentage of Total Industry Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets Administrative and Support and Waste Management and Remediation Services $ 4,242,334 10.0 % 25.0 % $ 4,052,736 10.6 % 24.0 % Construction 1,015,877 2.4 6.0 996,700 2.6 5.9 Education Services 920,572 2.2 5.4 925,000 2.4 5.5 Finance and Insurance 1,325,319 3.1 7.8 1,343,776 3.5 7.9 Health Care and Social Assistance 6,641,573 15.7 39.3 6,272,544 16.5 37.1 Information 2,319,038 5.5 13.7 1,793,649 4.7 10.5 Management of Companies and Enterprises 1,456,885 3.5 8.6 1,423,537 3.7 8.4 Manufacturing 6,094,069 14.5 36.1 5,963,507 15.6 35.3 Other Services (except Public Administration) 1,410,119 3.3 8.3 1,412,408 3.7 8.3 Professional, Scientific, and Technical Services 3,123,192 7.4 18.4 3,138,156 8.2 18.5 Public Administration 46,403 0.1 0.3 4,212 — — Retail Trade 2,802,645 6.7 16.6 2,520,357 6.6 14.9 Wholesale Trade 1,663,262 3.9 9.8 1,431,732 3.7 8.5 Total Portfolio Company Investments $ 33,061,288 78.3 % 195.3 % $ 31,278,314 81.8 % 184.8 % Structured Finance Securities 9,149,286 21.7 54.1 6,959,771 18.2 41.1 Total investments $ 42,210,574 100.0 % 249.4 % $ 38,238,085 100.0 % 225.9 % As of December 31, 2023, the Company's investments consisted of the following: Percentage of Total Percentage of Total Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets First lien debt investments (1) $ 23,812,835 51.2 % 123.7 % $ 23,501,556 55.4 % 122.1 % Second lien debt investments 12,881,769 27.7 66.9 11,486,832 27.0 59.7 Preferred equity investments 34,464 0.1 0.2 34,410 0.1 0.2 Common equity and warrant investments 340,671 0.7 1.8 356,733 0.8 1.9 Total debt and equity investments 37,069,739 79.7 192.6 35,379,531 83.3 183.9 Structured Finance Securities 9,425,888 20.3 49.0 7,096,541 16.7 36.8 Total investments $ 46,495,627 100.0 % 241.6 % $ 42,476,072 100.0 % 220.7 % (1) Includes unitranche investments (which are loans that combine both senior and subordinated debt, in a first lien position) with an amortized cost and fair value of $17,483,339 and $17,384,403, respectively. The industry compositions of the Company’s portfolio were as follows: Percentage of Total Percentage of Total Industry Amortized Cost Amortized Cost Net Assets Fair Value Fair Value Net Assets Administrative and Support and Waste Management and Remediation Services $ 4,244,326 9.2 % 22.1 % $ 4,108,120 9.7 % 21.4 % Education Services 1,403,992 3.0 7.3 1,419,567 3.4 7.4 Health Care and Social Assistance 6,497,533 14.0 33.8 6,302,612 14.9 32.7 Information 2,305,315 4.9 12.0 2,269,271 5.4 11.8 Finance and Insurance 1,327,208 2.9 6.9 1,327,208 3.1 6.9 Management of Companies and Enterprises 1,294,517 2.8 6.7 1,236,662 2.9 6.4 Manufacturing 4,381,905 9.4 22.8 4,157,307 9.8 21.6 Professional, Scientific, and Technical Services 1,638,063 3.6 8.5 1,652,392 3.9 8.6 Public Administration 46,403 0.1 0.2 2,699 — — Retail Trade 4,336,757 9.2 22.5 4,401,664 10.3 22.9 Wholesale Trade 9,593,720 20.6 49.8 8,502,029 19.9 44.2 Total debt and equity investments $ 37,069,739 79.7 % 192.6 % $ 35,379,531 83.3 % 183.9 % Structured Finance Securities 9,425,888 20.3 49.0 7,096,541 16.7 36.8 Total investments $ 46,495,627 100.0 % 241.6 % $ 42,476,072 100.0 % 220.7 %
Schedule of Portfolio Concentrations	The following table presents the Company’s portfolio companies based on fair value that comprise greater than 10% of the Company’s total net assets as of September 30, 2024. Percentage of Total Portfolio Company Investment Type Industry Amortized Cost Fair Value Fair Value Net Assets Apex Credit CLO 2020 Ltd. (1) Subordinated Note Structured Finance Securities $ 3,251,464 $ 2,644,616 6.9 % 15.6 % Convergint Technologies Holdings, LLC Second Lien Debt Administrative and Support and Waste Management and Remediation Services 2,036,726 1,950,956 5.1 11.5 Heritage Grocers Group, LLC (F/K/A Tony's Fresh Market / Cardenas Markets) First Lien Debt Retail Trade 1,878,730 1,938,763 5.1 11.5 Honor HN Buyer, Inc. First Lien Debt Health Care and Social Assistance 1,796,553 1,815,547 4.7 10.7 BCPE North Star US Holdco 2, Inc. (F/K/A Dessert Holdings) Second Lien Debt Ice Cream and Frozen Dessert Manufacturing 1,696,119 1,721,500 4.5 10.2

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Transfers Between Levels, Change in Investments Measured at Fair Value Using Level 3 Inputs, and Unrealized Appreciation (Depreciation) for Assets Still Held	The following table presents the Company’s transfers of Level 2 and Level 3 debt investments for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Transfers from Level 2 to Level 3 $ — $ — $ — $ — Transfers from Level 3 to Level 2 — 1,985,782 4,471,313 1,985,782 The following tables present changes in the investments measured at fair value using Level 3 inputs for the nine months ended September 30, 2024 and 2023, respectively: First Lien Debt Investments Second Lien Debt Investments Preferred Equity Common Equity and Warrants Structured Finance Securities Total Level 3 assets, December 31, 2023 $ 19,960,500 $ 11,486,832 $ 34,410 $ 356,733 $ 7,096,541 $ 38,935,016 Net realized losses — (797,032) — — — (797,032) Net unrealized appreciation (depreciation) on investments (235,549) 647,073 1,173 149,010 139,832 701,539 Amortization of Net Loan Fees 109,650 106,675 — — 12,190 228,515 Paid-in-kind interest income 11,491 166,367 — — — 177,858 Accretion of interest income on Structured Finance Securities — — — — 866,726 866,726 Purchase of portfolio investments 1,484,843 860,000 — — — 2,344,843 Proceeds from principal payments on portfolio investments (6,157,584) (3,245,211) — — — (9,402,795) Sale or redemption of portfolio investments — (68,252) — — — (68,252) Proceeds from distributions received from portfolio investments — — — — (1,155,518) (1,155,518) Amendment fees received (23,046) — — — — (23,046) Transfers from Level 3 to Level 2 (2,520,357) (1,950,956) — — — (4,471,313) Level 3 assets, September 30, 2024 $ 12,629,948 $ 7,205,496 $ 35,583 $ 505,743 $ 6,959,771 $ 27,336,541 First Lien Debt Investments Second Lien Debt Investments Subordinated Preferred Equity Common Equity and Warrants Structured Finance Notes Total Level 3 assets, December 31, 2022 $ 21,702,915 $ 14,305,307 $ 58,092 $ — $ 344,400 $ 8,924,790 $ 45,335,504 Net unrealized appreciation (depreciation) on investments 233,049 (497,173) 426,638 (59) 153,128 (925,703) (610,120) Net realized gain (loss) on investments — — (484,730) — 16,070 — (468,660) Amortization of Net Loan Fees 84,785 55,706 — — — 34,215 174,706 Paid-in-kind interest income 16,462 8,887 — — — — 25,349 Accretion of interest income on Structured Finance Securities — — — — — 1,133,191 1,133,191 Purchase of portfolio investments 2,524,613 — — 34,464 18,750 — 2,577,827 Proceeds from principal payments on portfolio investments (4,670,728) — — — — — (4,670,728) Proceeds from distributions received from portfolio investments — — — — (173,737) (963,472) (1,137,209) Amendment fees received (2,969) (7,571) — — — — (10,540) Transfers from Level 3 to Level 2 (1,985,782) — — — — — (1,985,782) Level 3 assets, September 30, 2023 $ 17,902,345 $ 13,865,156 $ — $ 34,405 $ 358,611 $ 8,203,021 $ 40,363,538 The net unrealized appreciation (depreciation) reported in the Company’s consolidated statements of operations for the nine months ended September 30, 2024 and 2023, attributable to the Company’s Level 3 assets still held at those respective period ends, was as follows: Nine Months Ended September 30, 2024 2023 Debt investments $ 83,547 $ (335,113) Equity investments 150,183 103,070 Structured Finance Securities 139,832 (925,701) Net unrealized appreciation (depreciation) on investments held $ 373,562 $ (1,157,744)
Schedule of Investment Portfolio Measured at Fair Value on a Recurring Basis	The following tables present the Company’s investment portfolio measured at fair value on a recurring basis as of September 30, 2024 and December 31, 2023, respectively: Security Level 1 Level 2 Level 3 Fair Value as of September 30, 2024 Debt investments $ — $ 10,901,544 $ 19,835,444 $ 30,736,988 Equity investments — — 541,326 541,326 Structured Finance Securities — — 6,959,771 6,959,771 $ — $ 10,901,544 $ 27,336,541 $ 38,238,085 Security Level 1 Level 2 Level 3 Fair Value as of December 31, 2023 Debt investments $ — $ 3,541,056 $ 31,447,332 $ 34,988,388 Equity investments — — 391,143 391,143 Structured Finance Securities — — 7,096,541 7,096,541 $ — $ 3,541,056 $ 38,935,016 $ 42,476,072
Schedule of Significant Level 3 Inputs	The following tables provide the primary quantitative information about valuation techniques and the Company’s unobservable inputs to its Level 3 fair value measurements as of September 30, 2024 and December 31, 2023. The Company may make changes to the valuation techniques, among techniques otherwise commonly utilized in accordance with its valuation policies, and/or the weighting of techniques used for particular investments based on changes in facts-and-circumstances and depending on the availability of, or changes in, information in order to produce the best estimate of fair value as of the measurement date. In addition to the techniques and unobservable inputs noted in the tables below and in accordance with OFS Advisor’s valuation policy, OFS Advisor, as valuation designee, may also use other valuation techniques and methodologies when determining the fair value measurements of the Company’s investment assets. The tables are not intended to be all-inclusive and only present the most significant unobservable input(s) relevant to the valuation designee’s determination of fair value. Fair Value as of September 30, 2024 Valuation techniques Unobservable input Range Debt investments: First Lien $ 12,629,948 Discounted cash flow Discount rates 8.55% - 17.91% (11.77%) Second Lien 6,151,523 Discounted cash flow Discount rates 13.07% - 19.50% (14.98%) 1,053,973 Market approach Revenue multiples 0.93x - 0.93x (0.93x) Structured Finance Securities (1) : Subordinated notes and other CLO equity related investments 5,955,675 Discounted cash flow Discount rates 9.94% - 33.50% (26.62%) Constant default rate 2.00% - 2.00% (2.00%) Recovery rate 65.00% - 65.00% (65.00%) Mezzanine debt 1,004,096 Discounted cash flow Discount margin 8.65% - 8.65% (8.65%) Constant default rate 3.00% - 3.00% (3.00%) Recovery rate 65.00% - 65.00% (65.00%) Equity investments: Preferred equity 35,583 Market approach EBITDA multiples 7.50x - 7.50x (7.50x) Common equity and warrants 505,743 Market approach EBITDA multiples 6.20x - 15.75x (12.37x) $ 27,336,541 (1) The cash flows utilized in the discounted cash flow calculations assume: (i) immediate liquidation of (a) certain distressed investments and (b) all investments currently in default held by the issuing CLO at their current market prices; and (ii) redeployment of proceeds at the issuing CLO’s assumed reinvestment rate. Fair Value at December 31, 2023 Valuation techniques Unobservable inputs Range Debt investments: First lien $ 15,935,793 Discounted cash flow Discount rates 9.55% - 17.53% (11.94%) 4,024,707 Market approach Transaction Price Second lien 9,505,578 Discounted cash flow Discount rates 10.45% - 21.70% (13.54%) 1,018,754 Market approach Revenue multiples 0.90x - 1.20x (0.91x) 962,500 Market approach Transaction Price Structured Finance Securities (1) : Subordinated notes and other CLO equity related investments 6,129,390 Discounted cash flow Discount rates 9.94% - 32.00% (27.32%) Constant default rate 2.00% - 2.00% (2.00%) Recovery rate 65.00% - 65.00% (65.00%) Mezzanine debt 967,151 Discounted cash flow Discount margin 9.50% - 9.50% (9.50%) Constant default rate 3.00% - 3.00% (3.00% Recovery rate 65.00% - 65.00% (65.00%) Equity investments: Preferred equity 34,410 Market Approach EBITDA multiples 7.50x - 7.50x (7.50x) Common equity and warrants 316,731 Market approach EBITDA multiples 7.50x - 16.50x (13.71x) 40,002 Market Approach Revenue multiples 0.70x - 0.70x (0.70x) $ 38,935,016 (1) The cash flows utilized in the discounted cash flow calculations assume: (i) liquidation of (a) certain distressed investments and (b) all investments currently in default held by the issuing CLO at their current market prices; and (ii) redeployment of proceeds at the issuing CLO’s assumed reinvestment rate.
Schedule of Carrying Values and Fair Values of Debt	The following tables present the fair value measurements of the Company’s debt and the level within the fair value hierarchy of the significant unobservable inputs used to determine such fair values as of September 30, 2024 and December 31, 2023: September 30, 2024 Description Level 1 Level 2 Level 3 (1) Total Banc of California Credit Facility $ — $ — $ 5,665,000 $ 5,665,000 Unsecured Note — — 14,379,601 14,379,601 Total debt, at fair value $ — $ — $ 20,044,601 $ 20,044,601 December 31, 2023 Description Level 1 Level 2 Level 3 (1) Total Banc of California Credit Facility $ — $ — $ 7,665,000 $ 7,665,000 Unsecured Note — — 13,935,862 13,935,862 Total debt, at fair value $ — $ — $ 21,600,862 $ 21,600,862 (1) For Level 3 measurements, fair value is estimated by discounting remaining payments using current market rates for similar instruments at the measurement date and considering such factors as the legal maturity date. The following table sets forth the carrying values and fair values of the Company’s debt as of September 30, 2024 and December 31, 2023: September 30, 2024 December 31, 2023 Description Carrying Value (1) Fair Value Carrying Value (1) Fair Value Banc of California Credit Facility $ 5,665,000 $ 5,665,000 $ 7,665,000 $ 7,665,000 Unsecured Note 14,842,512 14,379,601 14,787,997 13,935,862 Total debt $ 20,507,512 $ 20,044,601 $ 22,452,997 $ 21,600,862

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Outstanding Commitments to Fund Investments	The following table presents the Company’s outstanding commitments to fund investments to portfolio companies as of September 30, 2024: Portfolio Company Investment Type Commitment Boca Home Care Holdings, Inc. First Lien Debt (Revolver) $ 129,032 Clevertech Bidco, LLC First Lien Debt (Revolver) 126,033 Flow Service Partners Management, LLC First Lien Debt (Revolver) 159,091 Honor HN Buyer Inc. First Lien Debt (Revolver) 86,634 Honor HN Buyer Inc. First Lien Debt (Delayed Draw) 151,909 Medrina LLC First Lien Debt (Revolver) 106,383 Medrina LLC First Lien Debt (Delayed Draw) 148,936 Tolemar Acquisition, Inc. First Lien Debt (Revolver) 57,353 $ 965,371 The following table shows the Company’s outstanding commitments to fund investments to portfolio companies as of December 31, 2023: Portfolio Company Investment Type Commitment Boca Home Care Holdings, Inc. First Lien Debt (Revolver) $ 129,032 Clevertech Bidco, LLC First Lien Debt (Revolver) 126,033 Honor HN Buyer Inc. First Lien Debt (Revolver) 86,634 Honor HN Buyer Inc. First Lien Debt (Delayed Draw) 239,038 Medrina LLC First Lien Debt (Revolver) 106,383 Medrina LLC First Lien Debt (Delayed Draw) 148,936 Metasource, LLC First Lien Debt (Delayed Draw) 300,000 One GI LLC First Lien Debt (Revolver) 166,667 Tolemar Acquisition, Inc. First Lien Debt (Revolver) 169,853 $ 1,472,576

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Credit Facilities	For the three and nine months ended September 30, 2024 and 2023, the components of interest expense, cash paid for interest, average interest rates and average outstanding balances for the Banc of California Credit Facility were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Stated interest expense (1) $ 127,870 $ 308,373 $ 450,267 $ 1,028,471 Amortization of debt issuance costs 25,366 440 76,099 1,323 Total interest and debt financing costs $ 153,236 $ 308,813 $ 526,366 $ 1,029,794 Cash paid for interest expense $ 128,913 $ 306,928 $ 449,994 $ 1,029,918 Effective interest rate 10.64 % 9.55 % 10.36 % 8.99 % Average outstanding balance $ 5,760,652 $ 12,935,109 $ 6,775,219 $ 15,277,454
Schedule of Debt Instruments	For the three and nine months ended September 30, 2024 and 2023, the components of interest expense, cash paid for interest, average interest rates and average outstanding balances for the Unsecured Note were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Stated interest expense $ 206,250 $ 206,250 $ 618,750 $ 618,750 Amortization of debt issuance costs 18,173 18,173 54,515 54,515 Total interest and debt financing costs $ 224,423 $ 224,423 $ 673,265 $ 673,265 Cash paid for interest expense $ 206,250 $ 206,250 $ 618,750 $ 618,750 Effective interest rate 5.98 % 5.98 % 5.98 % 5.98 % Average outstanding balance $ 15,000,000 $ 15,000,000 $ 15,000,000 $ 15,000,000 For the three and nine months ended September 30, 2024 and 2023, the average dollar borrowings and weighted average effective interest rate on the Company’s outstanding borrowings were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Average dollar borrowings $ 20,760,652 $ 27,935,109 $ 21,775,219 $ 30,277,454 Weighted average effective interest rate 7.28 % 7.64 % 7.35 % 7.50 %

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
	Sep. 30, 2024
Investment Company [Abstract]
Schedule of Financial Highlights	The following is a schedule of financial highlights for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Per Share Operating Performance: Net asset value per share at beginning of period $ 10.57 $ 10.68 $ 10.49 $ 11.13 Net investment income (1) 0.22 0.35 0.74 0.95 Net realized gain (loss), net of taxes (1) — 0.01 (0.45) (0.26) Net unrealized appreciation (depreciation) on investments, net of deferred taxes (1) (0.54) 0.01 — (0.28) Total net income (loss) from operations (1) (0.32) 0.37 0.29 0.41 Distributions (2) (0.25) (0.25) (0.76) (0.76) Repurchase of common stock (1)(3) — — (0.02) 0.02 Net asset value per share at end of period $ 10.00 $ 10.80 $ 10.00 $ 10.80 Total return based on net asset value (4)(5) (3.0) % 3.5 % 2.5 % 4.1 % Shares outstanding at end of period 1,693,121 1,885,078 1,693,121 1,885,078 Weighted average shares outstanding 1,737,056 1,932,833 1,784,610 1,965,593 Ratio/Supplemental Data Average net asset value (6) $ 17,656,080 $ 20,505,989 $ 18,329,561 $ 21,054,588 Net asset value at end of period $ 16,927,297 $ 20,350,496 $ 16,927,297 $ 20,350,496 Net investment income $ 384,091 $ 673,719 $ 1,320,585 $ 1,869,144 Ratio of net operating expenses to average net assets (7) 23.5 % 22.0 % 23.8 % 24.5 % Ratio of net investment income to average net assets (7) 8.7 % 13.1 % 9.6 % 11.8 % Portfolio turnover (8) 13.5 % 0.1 % 18.4 % 5.1 % (1) Calculated on the average share method. (2) The per share data for distributions is the actual amount of distributions declared per share during the period. The determination of the tax attributes of the Company’s distributions is made annually as of the end of its fiscal year based upon its estimated ICTI for the full year and distributions paid for the full year. The Company anticipates its distributions to be comprised 100% from net investment income. (3) The repurchase of common stock on a per share basis reflects the incremental net asset value change as a result of the retirement of shares from the Company’s repurchases of common stock and the dilutive or anti-dilutive impact from significant changes in weighted-average shares outstanding during the period. (4) Calculated as ending net asset value less beginning net asset value, adjusting for cumulative monthly distributions reinvested at the Company’s quarter-end net asset value. (5) Not annualized. (6) Based on the average of the net asset value at the beginning and end of the indicated period and, if applicable, the preceding calendar quarters. (7) Annualized. (8) Portfolio turnover rate is calculated using the lesser of period-to-date sales, portfolio investment distributions and principal payments or period-to-date purchases over the average of the invested assets at fair value.

Capital Transactions (Tables)

Capital Transactions (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Common Stock Transactions	Below is a summary of transactions with respect to shares of the Company’s common stock issued in the Offering during the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Shares Amount Shares Amount Shares Amount Shares Amount Gross proceeds from the Offering — $ — — $ — — $ — 57,618 $ 710,000 Commissions and dealer manager fees — — — — — — — (48,000) Net proceeds to the Company — $ — — $ — — $ — 57,618 $ 662,000
Schedule of Common Stock Repurchases	The following table summarizes the common stock repurchases by the Company for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Shares Amount Shares Amount Shares Amount Shares Amount Repurchase of common stock 46,460 $ 472,033 49,926 $ 542,189 142,478 $ 1,482,705 150,234 $ 1,642,606
Schedule of Distributions Declared	The following table reflects the cash distributions per share that the Company declared on its common stock during the nine months ended September 30, 2024 and 2023. Stockholders of record as of each respective record date were entitled to receive the distribution. Date Declared Record Dates Payment Date Per Share Amount Cash Distribution Nine Months Ended September 30, 2024 January 27, 2024 January 29, 2024 February 5, 2024 $ 0.0846 $ 155,292 February 27, 2024 February 27, 2024 March 5, 2024 0.0846 155,292 March 27, 2024 March 27, 2024 April 5, 2024 0.0846 151,178 April 26, 2024 April 26, 2024 May 6, 2024 0.0846 151,178 May 29, 2024 May 29, 2024 June 5, 2024 0.0846 151,178 June 26, 2024 June 26, 2024 July 5, 2024 0.0846 147,168 July 27, 2024 July 29, 2024 August 5, 2024 0.0846 147,168 August 28, 2024 August 28, 2024 September 5, 2024 0.0846 147,168 September 26, 2024 September 26, 2024 October 7, 2024 0.0846 143,238 Total $ 0.7614 $ 1,348,860 Nine Months Ended September 30, 2023 January 26, 2023 January 27, 2023 February 6, 2023 $ 0.0846 $ 167,313 February 23, 2023 February 24, 2023 March 6, 2023 0.0846 167,595 March 29, 2023 March 29, 2023 April 5, 2023 0.0846 166,868 April 25, 2023 April 26, 2023 May 5, 2023 0.0846 166,868 May 26, 2023 May 26, 2023 June 5, 2023 0.0846 166,868 June 28, 2023 June 28, 2023 July 5, 2023 0.0846 162,632 July 27, 2023 July 27, 2023 August 7, 2023 0.0846 163,701 August 28, 2023 August 29, 2023 September 5, 2023 0.0846 163,701 September 26, 2023 September 27, 2023 October 5, 2023 0.0846 159,478 Total $ 0.7614 $ 1,485,024

Organization (Details)

Organization (Details)	Sep. 30, 2024 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Maximum offering amount	$ 200,000,000

Related Party Transactions - Na

Related Party Transactions - Narrative (Details)		3 Months Ended		9 Months Ended
	Aug. 30, 2016 component	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($)
Related Party Transaction [Line Items]
Net expense limitations (credits) | $		$ (2,258)	$ 300,699	$ 110,051	$ 560,780
Affiliates Of OFS Advisor | Hancock Park Corporate Income Inc.
Related Party Transaction [Line Items]
Share of common stock owned (in shares) | shares		74,084		74,084
Investment ownership percentage		4.40%		4.40%
Affiliated Entity | Investment Advisory Agreement
Related Party Transaction [Line Items]
Incentive fee, number of components	2
Base management fee percentage	1.25%
Agreement termination notice period by company or OFS advisor	60 days
Agreement termination notice period by majority stockholders	60 days
Dealer manager fee	3%
Affiliated Entity | Incentive Fee
Related Party Transaction [Line Items]
Incentive fee, number of components	2
Affiliated Entity | Incentive Fee, Pre-incentive Fee Net Income
Related Party Transaction [Line Items]
Incentive fee percentage	100%
Affiliated Entity | Incentive Fee, Quarterly Hurdle Rate
Related Party Transaction [Line Items]
Incentive fee percentage	1.75%
Affiliated Entity | Incentive Fee, Annualized Hurdle Rate
Related Party Transaction [Line Items]
Incentive fee percentage	7%
Affiliated Entity | Incentive Fee, Quarterly Catch-up Threshold
Related Party Transaction [Line Items]
Incentive fee percentage	2.1875%
Affiliated Entity | Incentive Fee, Quarterly Catch-up Threshold, Annualized
Related Party Transaction [Line Items]
Incentive fee percentage	8.75%
Affiliated Entity | Incentive Fee, Pre-incentive Fee Net Investment Income Exceeds Catch-up Threshold
Related Party Transaction [Line Items]
Incentive fee percentage	20%
Affiliated Entity | Incentive Fee, Realized Capital Gains
Related Party Transaction [Line Items]
Incentive fee percentage	20%
Affiliated Entity | Incentive Fee, Offering Fee Rate
Related Party Transaction [Line Items]
Incentive fee percentage	1.50%

Related Party Transactions - Ex

Related Party Transactions - Expenses and Distributions (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Related Party Transactions [Abstract]
Base management fees	$ 121,696	$ 152,905	$ 377,842	$ 480,913
Incentive fees	96,023	124,141	330,146	395,860
Administrative fees	166,324	210,949	514,369	664,261
Dealer manager fees	0	0	0	7,100
Reimbursements of offering and Contractual Issuer Expenses	0	0	0	10,650
Distributions paid to affiliates	$ 18,803	$ 18,803	$ 56,408	$ 56,408

Related Party Transactions - _2

Related Party Transactions - Expense Limitations (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Related Party Transactions [Abstract]
Net offering costs and Contractual Issuer Expenses limitations (credits) under the Investment Advisory Agreement	$ (2,258)	$ 123,543	$ 110,051	$ 275,076
Operating expense limitations under the Second Amended Expense Support Agreement	0	177,156	0	285,704
Net expense limitations (credits)	$ (2,258)	$ 300,699	$ 110,051	$ 560,780

Related Party Transactions - Co

Related Party Transactions - Conditional Obligations (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Related Party Transactions [Abstract]
Unreimbursed costs under the Investment Advisory Agreement	$ 890,245	$ 829,397
Unreimbursed operating expense support under the Second Amended Expense Support Agreement	144,315	1,315,422
Total conditional reimbursement obligation under expense limitation agreements	$ 1,034,560	$ 2,144,819

Related Party Transactions - Un

Related Party Transactions - Unreimbursed Offering Costs and Contractual Issuer Expenses (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Total unreimbursed offering costs and Contractual Issuer Expenses	$ 890,245	$ 829,397
Three months ended December 31, 2021
Related Party Transaction [Line Items]
Total unreimbursed offering costs and Contractual Issuer Expenses	19,768
Year ended December 31, 2022
Related Party Transaction [Line Items]
Total unreimbursed offering costs and Contractual Issuer Expenses	375,824
Year ended December 31, 2023
Related Party Transaction [Line Items]
Total unreimbursed offering costs and Contractual Issuer Expenses	395,986
Nine months ended September 30, 2024
Related Party Transaction [Line Items]
Total unreimbursed offering costs and Contractual Issuer Expenses	$ 98,667

Related Party Transactions - _3

Related Party Transactions - Unreimbursed Operating Expenses (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Unreimbursed Expense Support	$ 144,315	$ 1,315,422
March 31, 2022
Related Party Transaction [Line Items]
Unreimbursed Expense Support	$ 134,376
Annualized for the quarter limitation was provided	7.20%
Annual for year limitation was provided	8.10%
Annualized rate of distribution per share	7%
December 31, 2022
Related Party Transaction [Line Items]
Unreimbursed Expense Support	$ 9,939
Annualized for the quarter limitation was provided	8.50%
Annual for year limitation was provided	8.10%
Annualized rate of distribution per share	7.80%

Investments - Narrative (Detail

Investments - Narrative (Details)	Sep. 30, 2024 structured_finance_note portfolioCompany	Dec. 31, 2023 USD ($) portfolioCompany structured_finance_note
Schedule of Investments [Line Items]
Number of non-portfolio investments | structured_finance_note	6	6
Amortized cost of loans on non-accrual status | $		$ 865,283
Fair value of loans on non-accrual status | $		$ 36,810
Debt investments
Schedule of Investments [Line Items]
Number of portfolio companies | portfolioCompany	27	28
First Lien Debt Investments
Schedule of Investments [Line Items]
Investment percentage	66%	67%
Senior Secured Debt Investments
Schedule of Investments [Line Items]
Investment percentage		33%
Equity investments
Schedule of Investments [Line Items]
Number of portfolio companies | portfolioCompany	5	5
Second Lien Debt Investments
Schedule of Investments [Line Items]
Investment percentage	34%

Investments - By Composition (D

Investments - By Composition (Details) - USD ($)	Sep. 30, 2024		Dec. 31, 2023
Schedule of Investments [Line Items]
Amortized Cost	$ 42,210,574	[1],[2]	$ 46,495,627	[3],[4]
Percentage of Total, Amortized Cost	100%		100%
Percentage of Total, Net Assets	249.40%		241.60%
Fair Value	$ 38,238,085	[1],[2],[5]	$ 42,476,072	[3],[4],[6]
Percentage of Total, Fair Value	100%		100%
Percentage of Total, Net Assets	225.90%	[1],[2]	220.70%	[3],[4]
Total debt and equity investments
Schedule of Investments [Line Items]
Amortized Cost	$ 33,061,288		$ 37,069,739
Percentage of Total, Amortized Cost	78.30%		79.70%
Percentage of Total, Net Assets	195.30%		192.60%
Fair Value	$ 31,278,314	[5]	$ 35,379,531	[6]
Percentage of Total, Fair Value	81.80%		83.30%
Percentage of Total, Net Assets	184.80%		183.90%
First Lien Debt Investments
Schedule of Investments [Line Items]
Amortized Cost	$ 21,371,716		$ 23,812,835
Percentage of Total, Amortized Cost	50.60%		51.20%
Percentage of Total, Net Assets	126.30%		123.70%
Fair Value	$ 20,168,128		$ 23,501,556
Percentage of Total, Fair Value	52.80%		55.40%
Percentage of Total, Net Assets	119.20%		122.10%
First lien debt investments, unitranche
Schedule of Investments [Line Items]
Amortized Cost	$ 12,742,017		$ 17,483,339
Fair Value	12,697,707		17,384,403
Second lien debt investments
Schedule of Investments [Line Items]
Amortized Cost	$ 11,314,437		$ 12,881,769
Percentage of Total, Amortized Cost	26.80%		27.70%
Percentage of Total, Net Assets	66.80%		66.90%
Fair Value	$ 10,568,860		$ 11,486,832
Percentage of Total, Fair Value	27.60%		27%
Percentage of Total, Net Assets	62.40%		59.70%
Preferred equity investments
Schedule of Investments [Line Items]
Amortized Cost	$ 34,464		$ 34,464
Percentage of Total, Amortized Cost	0.10%		0.10%
Percentage of Total, Net Assets	0.20%		0.20%
Fair Value	$ 35,583		$ 34,410
Percentage of Total, Fair Value	0.10%		0.10%
Percentage of Total, Net Assets	0.20%		0.20%
Common equity and warrant investments
Schedule of Investments [Line Items]
Amortized Cost	$ 340,671		$ 340,671
Percentage of Total, Amortized Cost	0.80%		0.70%
Percentage of Total, Net Assets	2%		1.80%
Fair Value	$ 505,743		$ 356,733
Percentage of Total, Fair Value	1.30%		0.80%
Percentage of Total, Net Assets	3%		1.90%
Structured Finance Securities
Schedule of Investments [Line Items]
Amortized Cost	$ 9,149,286	[7]	$ 9,425,888	[8]
Percentage of Total, Amortized Cost	21.70%		20.30%
Percentage of Total, Net Assets	54.10%		49%
Fair Value	$ 6,959,771	[5],[7]	$ 7,096,541	[6],[8]
Percentage of Total, Fair Value	18.20%		16.70%
Percentage of Total, Net Assets	41.10%	[7]	36.80%	[8]
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details.

Investments - By Industry (Deta

Investments - By Industry (Details) - USD ($)	Sep. 30, 2024		Dec. 31, 2023
Schedule of Investments [Line Items]
Amortized Cost	$ 42,210,574	[1],[2]	$ 46,495,627	[3],[4]
Percentage of Total, Amortized Cost	100%		100%
Percentage of Total, Net Assets	249.40%		241.60%
Fair Value	$ 38,238,085	[1],[2],[5]	$ 42,476,072	[3],[4],[6]
Percentage of Total, Fair Value	100%		100%
Percentage of Total, Net Assets	225.90%	[1],[2]	220.70%	[3],[4]
Total debt and equity investments
Schedule of Investments [Line Items]
Amortized Cost	$ 33,061,288		$ 37,069,739
Percentage of Total, Amortized Cost	78.30%		79.70%
Percentage of Total, Net Assets	195.30%		192.60%
Fair Value	$ 31,278,314	[5]	$ 35,379,531	[6]
Percentage of Total, Fair Value	81.80%		83.30%
Percentage of Total, Net Assets	184.80%		183.90%
Structured Finance Securities
Schedule of Investments [Line Items]
Amortized Cost	$ 9,149,286	[7]	$ 9,425,888	[8]
Percentage of Total, Amortized Cost	21.70%		20.30%
Percentage of Total, Net Assets	54.10%		49%
Fair Value	$ 6,959,771	[5],[7]	$ 7,096,541	[6],[8]
Percentage of Total, Fair Value	18.20%		16.70%
Percentage of Total, Net Assets	41.10%	[7]	36.80%	[8]
Administrative and Support and Waste Management and Remediation Services
Schedule of Investments [Line Items]
Amortized Cost	$ 4,242,334		$ 4,244,326
Percentage of Total, Amortized Cost	10%		9.20%
Percentage of Total, Net Assets	25%		22.10%
Fair Value	$ 4,052,736		$ 4,108,120
Percentage of Total, Fair Value	10.60%		9.70%
Percentage of Total, Net Assets	24%		21.40%
Construction
Schedule of Investments [Line Items]
Amortized Cost	$ 1,015,877
Percentage of Total, Amortized Cost	2.40%
Percentage of Total, Net Assets	6%
Fair Value	$ 996,700
Percentage of Total, Fair Value	2.60%
Percentage of Total, Net Assets	5.90%
Education Services
Schedule of Investments [Line Items]
Amortized Cost	$ 920,572		$ 1,403,992
Percentage of Total, Amortized Cost	2.20%		3%
Percentage of Total, Net Assets	5.40%		7.30%
Fair Value	$ 925,000		$ 1,419,567
Percentage of Total, Fair Value	2.40%		3.40%
Percentage of Total, Net Assets	5.50%		7.40%
Finance and Insurance
Schedule of Investments [Line Items]
Amortized Cost	$ 1,325,319		$ 1,327,208
Percentage of Total, Amortized Cost	3.10%		2.90%
Percentage of Total, Net Assets	7.80%		6.90%
Fair Value	$ 1,343,776		$ 1,327,208
Percentage of Total, Fair Value	3.50%		3.10%
Percentage of Total, Net Assets	7.90%		6.90%
Health Care and Social Assistance
Schedule of Investments [Line Items]
Amortized Cost	$ 6,641,573		$ 6,497,533
Percentage of Total, Amortized Cost	15.70%		14%
Percentage of Total, Net Assets	39.30%		33.80%
Fair Value	$ 6,272,544		$ 6,302,612
Percentage of Total, Fair Value	16.50%		14.90%
Percentage of Total, Net Assets	37.10%		32.70%
Information
Schedule of Investments [Line Items]
Amortized Cost	$ 2,319,038		$ 2,305,315
Percentage of Total, Amortized Cost	5.50%		4.90%
Percentage of Total, Net Assets	13.70%		12%
Fair Value	$ 1,793,649		$ 2,269,271
Percentage of Total, Fair Value	4.70%		5.40%
Percentage of Total, Net Assets	10.50%		11.80%
Management of Companies and Enterprises
Schedule of Investments [Line Items]
Amortized Cost	$ 1,456,885		$ 1,294,517
Percentage of Total, Amortized Cost	3.50%		2.80%
Percentage of Total, Net Assets	8.60%		6.70%
Fair Value	$ 1,423,537		$ 1,236,662
Percentage of Total, Fair Value	3.70%		2.90%
Percentage of Total, Net Assets	8.40%		6.40%
Manufacturing
Schedule of Investments [Line Items]
Amortized Cost	$ 6,094,069		$ 4,381,905
Percentage of Total, Amortized Cost	14.50%		9.40%
Percentage of Total, Net Assets	36.10%		22.80%
Fair Value	$ 5,963,507		$ 4,157,307
Percentage of Total, Fair Value	15.60%		9.80%
Percentage of Total, Net Assets	35.30%		21.60%
Other Services (except Public Administration)
Schedule of Investments [Line Items]
Amortized Cost	$ 1,410,119
Percentage of Total, Amortized Cost	3.30%
Percentage of Total, Net Assets	8.30%
Fair Value	$ 1,412,408
Percentage of Total, Fair Value	3.70%
Percentage of Total, Net Assets	8.30%
Professional, Scientific, and Technical Services
Schedule of Investments [Line Items]
Amortized Cost	$ 3,123,192		$ 1,638,063
Percentage of Total, Amortized Cost	7.40%		3.60%
Percentage of Total, Net Assets	18.40%		8.50%
Fair Value	$ 3,138,156		$ 1,652,392
Percentage of Total, Fair Value	8.20%		3.90%
Percentage of Total, Net Assets	18.50%		8.60%
Public Administration
Schedule of Investments [Line Items]
Amortized Cost	$ 46,403		$ 46,403
Percentage of Total, Amortized Cost	0.10%		0.10%
Percentage of Total, Net Assets	0.30%		0.20%
Fair Value	$ 4,212		$ 2,699
Percentage of Total, Fair Value	0%		0%
Percentage of Total, Net Assets	0%		0%
Retail Trade
Schedule of Investments [Line Items]
Amortized Cost	$ 2,802,645		$ 4,336,757
Percentage of Total, Amortized Cost	6.70%		9.20%
Percentage of Total, Net Assets	16.60%		22.50%
Fair Value	$ 2,520,357		$ 4,401,664
Percentage of Total, Fair Value	6.60%		10.30%
Percentage of Total, Net Assets	14.90%		22.90%
Wholesale Trade
Schedule of Investments [Line Items]
Amortized Cost	$ 1,663,262		$ 9,593,720
Percentage of Total, Amortized Cost	3.90%		20.60%
Percentage of Total, Net Assets	9.80%		49.80%
Fair Value	$ 1,431,732		$ 8,502,029
Percentage of Total, Fair Value	3.70%		19.90%
Percentage of Total, Net Assets	8.50%		44.20%
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details.

Investments - By Portfolio Conc

Investments - By Portfolio Concentration (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024		Dec. 31, 2023
Schedule of Investments [Line Items]
Amortized Cost	$ 42,210,574	[1],[2]	$ 46,495,627	[3],[4]
Fair Value	$ 38,238,085	[1],[2],[5]	42,476,072	[3],[4],[6]
Portfolio Fair Value | Adviser Concentration Risk | Single Adviser
Schedule of Investments [Line Items]
Percentage of Total	12%
Portfolio Net Assets | Adviser Concentration Risk | Single Adviser
Schedule of Investments [Line Items]
Percentage of Total	28%
Apex Credit CLO 2020 Ltd
Schedule of Investments [Line Items]
Amortized Cost	$ 3,251,464
Fair Value	$ 2,644,616
Apex Credit CLO 2020 Ltd | Portfolio Fair Value | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	6.90%
Apex Credit CLO 2020 Ltd | Portfolio Net Assets | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	15.60%
Convergint Technologies Holdings, LLC
Schedule of Investments [Line Items]
Amortized Cost	$ 2,036,726
Fair Value	$ 1,950,956
Convergint Technologies Holdings, LLC | Portfolio Fair Value | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	5.10%
Convergint Technologies Holdings, LLC | Portfolio Net Assets | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	11.50%
Heritage Grocers Group, LLC (F/K/A Tony's Fresh Market / Cardenas Markets)
Schedule of Investments [Line Items]
Amortized Cost	$ 1,878,730
Fair Value	$ 1,938,763
Heritage Grocers Group, LLC (F/K/A Tony's Fresh Market / Cardenas Markets) | Portfolio Fair Value | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	5.10%
Heritage Grocers Group, LLC (F/K/A Tony's Fresh Market / Cardenas Markets) | Portfolio Net Assets | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	11.50%
Honor HN Buyer, Inc.
Schedule of Investments [Line Items]
Amortized Cost	$ 1,796,553		1,719,203
Fair Value	$ 1,815,547	[5]	$ 1,742,025	[6]
Honor HN Buyer, Inc. | Portfolio Fair Value | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	4.70%
Honor HN Buyer, Inc. | Portfolio Net Assets | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	10.70%
BCPE North Star US Holdco 2, Inc. (F/K/A Dessert Holdings)
Schedule of Investments [Line Items]
Amortized Cost	$ 1,696,119
Fair Value	$ 1,721,500
BCPE North Star US Holdco 2, Inc. (F/K/A Dessert Holdings) | Portfolio Fair Value | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	4.50%
BCPE North Star US Holdco 2, Inc. (F/K/A Dessert Holdings) | Portfolio Net Assets | Investment Concentration Risk
Schedule of Investments [Line Items]
Percentage of Total	10.20%
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details.

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Transfers Between Levels (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Transfers from Level 2 to Level 3	$ 0	$ 0	$ 0	$ 0
Transfers from Level 3 to Level 2	$ 0	$ 1,985,782	$ 4,471,313	$ 1,985,782

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Investment Portfolio Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Sep. 30, 2024		Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 38,238,085	[1],[2],[3]	$ 42,476,072	[4],[5],[6]
Debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	30,736,988		34,988,388
Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	541,326		391,143
Structured Finance Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	6,959,771		7,096,541
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0		0
Level 1 | Debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0		0
Level 1 | Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0		0
Level 1 | Structured Finance Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	10,901,544		3,541,056
Level 2 | Debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	10,901,544		3,541,056
Level 2 | Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0		0
Level 2 | Structured Finance Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0		0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	27,336,541		38,935,016
Level 3 | Debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	19,835,444		31,447,332
Level 3 | Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	541,326		391,143
Level 3 | Structured Finance Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 6,959,771		$ 7,096,541
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details.

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Significant Level 3 Inputs (Details)	Sep. 30, 2024 USD ($)		Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 38,238,085	[1],[2],[3]	$ 42,476,072	[4],[5],[6]
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	27,336,541		38,935,016
Level 3 | Discounted cash flow | First Lien Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value			15,935,793
Level 3 | Discounted cash flow | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	6,151,523		9,505,578
Level 3 | Discounted cash flow | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	5,955,675		6,129,390
Level 3 | Discounted cash flow | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	1,004,096		$ 967,151
Level 3 | Discounted cash flow | Discount rates | First Lien Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 12,629,948
Level 3 | Discounted cash flow | Discount rates | Minimum | First Lien Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0855		0.0955
Level 3 | Discounted cash flow | Discount rates | Minimum | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.1307		0.1045
Level 3 | Discounted cash flow | Discount rates | Minimum | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0994		0.0994
Level 3 | Discounted cash flow | Discount rates | Maximum | First Lien Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.1791		0.1753
Level 3 | Discounted cash flow | Discount rates | Maximum | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.1950		0.2170
Level 3 | Discounted cash flow | Discount rates | Maximum | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.3350		0.3200
Level 3 | Discounted cash flow | Discount rates | Weighted Average | First Lien Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.1177		0.1194
Level 3 | Discounted cash flow | Discount rates | Weighted Average | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.1498		0.1354
Level 3 | Discounted cash flow | Discount rates | Weighted Average | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.2662		0.2732
Level 3 | Discounted cash flow | Discount margin | Minimum | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0865		0.0950
Level 3 | Discounted cash flow | Discount margin | Maximum | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0865		0.0950
Level 3 | Discounted cash flow | Discount margin | Weighted Average | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0865		0.0950
Level 3 | Discounted cash flow | Constant default rate | Minimum | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0200		0.0200
Level 3 | Discounted cash flow | Constant default rate | Minimum | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0300		0.0300
Level 3 | Discounted cash flow | Constant default rate | Maximum | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0200		0.0200
Level 3 | Discounted cash flow | Constant default rate | Maximum | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0300		0.0300
Level 3 | Discounted cash flow | Constant default rate | Weighted Average | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0200		0.0200
Level 3 | Discounted cash flow | Constant default rate | Weighted Average | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.0300		0.0300
Level 3 | Discounted cash flow | Recovery rate | Minimum | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.6500		0.6500
Level 3 | Discounted cash flow | Recovery rate | Minimum | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.6500		0.6500
Level 3 | Discounted cash flow | Recovery rate | Maximum | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.6500		0.6500
Level 3 | Discounted cash flow | Recovery rate | Maximum | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.6500		0.6500
Level 3 | Discounted cash flow | Recovery rate | Weighted Average | Subordinated notes
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.6500		0.6500
Level 3 | Discounted cash flow | Recovery rate | Weighted Average | Mezzanine debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.6500		0.6500
Level 3 | Market approach | First Lien Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value			$ 4,024,707
Level 3 | Market approach | Preferred equity investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 35,583		34,410
Level 3 | Market approach | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	505,743
Level 3 | Market approach | Revenue multiples | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 1,053,973		1,018,754
Level 3 | Market approach | Revenue multiples | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value			$ 40,002
Level 3 | Market approach | Revenue multiples | Minimum | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.93		0.90
Level 3 | Market approach | Revenue multiples | Minimum | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input			0.70
Level 3 | Market approach | Revenue multiples | Maximum | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.93		1.20
Level 3 | Market approach | Revenue multiples | Maximum | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input			0.70
Level 3 | Market approach | Revenue multiples | Weighted Average | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	0.93		0.91
Level 3 | Market approach | Revenue multiples | Weighted Average | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input			0.70
Level 3 | Market approach | EBITDA multiples | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value			$ 316,731
Level 3 | Market approach | EBITDA multiples | Minimum | Preferred equity investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	7.50		7.50
Level 3 | Market approach | EBITDA multiples | Minimum | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	6.20		7.50
Level 3 | Market approach | EBITDA multiples | Maximum | Preferred equity investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	7.50		7.50
Level 3 | Market approach | EBITDA multiples | Maximum | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	15.75		16.50
Level 3 | Market approach | EBITDA multiples | Weighted Average | Preferred equity investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	7.50		7.50
Level 3 | Market approach | EBITDA multiples | Weighted Average | Common equity and warrant investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, at fair value, measurement input	12.37		13.71
Level 3 | Market approach | Transaction Price | Second lien debt investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value			$ 962,500
[1] Equity ownership may be held in shares or units of companies affiliated with the portfolio company. The Company’s investments are generally classified as “restricted securities” as such term is defined under Rule 6-03(f) of Regulation S-X or Rule 144 of the Securities Act. Investments pledged as collateral under the Banc of California Credit Facility. Unless otherwise noted in footnote 9, fair value was determined using significant unobservable inputs for all of the Company’s investments and are considered Level 3 under GAAP. See Note 5 for further details. Note 5 for further details.

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Level 3 Rollforward (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance			$ 38,935,016	$ 45,335,504
Purchase of portfolio investments			2,344,843	2,577,827
Proceeds from principal payments on portfolio investments			(9,402,795)	(4,670,728)
Sale or redemption of portfolio investments			(68,252)
Proceeds from distributions received from portfolio investments			(1,155,518)	(1,137,209)
Transfers from Level 3 to Level 2	$ 0	$ (1,985,782)	(4,471,313)	(1,985,782)
Level 3 assets, ending balance	27,336,541	40,363,538	27,336,541	40,363,538
Net unrealized appreciation (depreciation) on investments held			$ 373,562	$ (1,157,744)
Net unrealized appreciation (depreciation) on investments held, location not disclosed			Net unrealized appreciation (depreciation) on investments held	Net unrealized appreciation (depreciation) on investments held
Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			$ (797,032)	$ (468,660)
Amounts included in earnings, location not disclosed				Net realized gain (loss) on investments
Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			$ 701,539	$ (610,120)
Amounts included in earnings, location not disclosed			Net unrealized appreciation (depreciation) on investments	Net unrealized appreciation (depreciation) on investments
Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			$ 228,515	$ 174,706
Amounts included in earnings, location not disclosed			Amortization of Net Loan Fees	Amortization of Net Loan Fees
Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			$ 177,858	$ 25,349
Amounts included in earnings, location not disclosed			Paid-in-kind interest income	Paid-in-kind interest income
Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			$ 866,726	$ 1,133,191
Amounts included in earnings, location not disclosed			Accretion of interest income on Structured Finance Securities	Accretion of interest income on Structured Finance Securities
Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			$ (23,046)	$ (10,540)
Fee Income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings, location not disclosed			Amendment fees received	Amendment fees received
First Lien Debt Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance			$ 19,960,500	$ 21,702,915
Purchase of portfolio investments			1,484,843	2,524,613
Proceeds from principal payments on portfolio investments			(6,157,584)	(4,670,728)
Sale or redemption of portfolio investments			0
Proceeds from distributions received from portfolio investments			0	0
Transfers from Level 3 to Level 2			(2,520,357)	(1,985,782)
Level 3 assets, ending balance	12,629,948	17,902,345	12,629,948	17,902,345
First Lien Debt Investments | Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
First Lien Debt Investments | Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			(235,549)	233,049
First Lien Debt Investments | Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			109,650	84,785
First Lien Debt Investments | Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			11,491	16,462
First Lien Debt Investments | Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
First Lien Debt Investments | Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			(23,046)	(2,969)
Second Lien Debt Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance			11,486,832	14,305,307
Purchase of portfolio investments			860,000	0
Proceeds from principal payments on portfolio investments			(3,245,211)	0
Proceeds from distributions received from portfolio investments			0	0
Transfers from Level 3 to Level 2			(1,950,956)	0
Level 3 assets, ending balance	7,205,496	13,865,156	7,205,496	13,865,156
Second Lien Debt Investments | Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			(797,032)	0
Second Lien Debt Investments | Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			647,073	(497,173)
Second Lien Debt Investments | Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			106,675	55,706
Second Lien Debt Investments | Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			166,367	8,887
Second Lien Debt Investments | Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Second Lien Debt Investments | Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	(7,571)
Subordinated Debt Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance				58,092
Purchase of portfolio investments				0
Proceeds from principal payments on portfolio investments				0
Proceeds from distributions received from portfolio investments				0
Transfers from Level 3 to Level 2				0
Level 3 assets, ending balance		0		0
Subordinated Debt Investments | Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings				(484,730)
Subordinated Debt Investments | Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings				426,638
Subordinated Debt Investments | Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings				0
Subordinated Debt Investments | Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings				0
Subordinated Debt Investments | Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings				0
Subordinated Debt Investments | Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings				0
Preferred Equity
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance			34,410	0
Purchase of portfolio investments			0	34,464
Proceeds from principal payments on portfolio investments			0	0
Sale or redemption of portfolio investments			0
Proceeds from distributions received from portfolio investments			0	0
Transfers from Level 3 to Level 2			0	0
Level 3 assets, ending balance	35,583	34,405	35,583	34,405
Preferred Equity | Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Preferred Equity | Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			1,173	(59)
Preferred Equity | Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Preferred Equity | Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Preferred Equity | Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Preferred Equity | Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Common Equity and Warrants
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance			356,733	344,400
Purchase of portfolio investments			0	18,750
Proceeds from principal payments on portfolio investments			0	0
Sale or redemption of portfolio investments			0
Proceeds from distributions received from portfolio investments			0	(173,737)
Transfers from Level 3 to Level 2			0	0
Level 3 assets, ending balance	505,743	358,611	505,743	358,611
Common Equity and Warrants | Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	16,070
Common Equity and Warrants | Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			149,010	153,128
Common Equity and Warrants | Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Common Equity and Warrants | Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Common Equity and Warrants | Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Common Equity and Warrants | Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 assets, beginning balance			7,096,541	8,924,790
Purchase of portfolio investments			0	0
Proceeds from principal payments on portfolio investments			0	0
Sale or redemption of portfolio investments			0
Proceeds from distributions received from portfolio investments			(1,155,518)	(963,472)
Transfers from Level 3 to Level 2			0	0
Level 3 assets, ending balance	$ 6,959,771	$ 8,203,021	6,959,771	8,203,021
Structured Finance Securities | Net realized gain (loss) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Structured Finance Securities | Net unrealized appreciation (depreciation) on investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			139,832	(925,703)
Structured Finance Securities | Amortization of Net Loan Fees
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			12,190	34,215
Structured Finance Securities | Paid-in-kind interest income
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Structured Finance Securities | Accretion of interest income on Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			866,726	1,133,191
Structured Finance Securities | Amendment fees received
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amounts included in earnings			0	0
Debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net unrealized appreciation (depreciation) on investments held			83,547	(335,113)
Equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net unrealized appreciation (depreciation) on investments held			150,183	103,070
Structured Finance Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net unrealized appreciation (depreciation) on investments held			139,832	$ (925,701)
Senior Secured Debt Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Sale or redemption of portfolio investments			$ (68,252)

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Carrying Values and Fair Values of Debt (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	$ 20,044,601	$ 21,600,862
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	0	0
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	20,044,601	21,600,862
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	20,507,512	22,452,997
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	20,044,601	21,600,862
Banc of California Credit Facility | Line of Credit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	5,665,000	7,665,000
Banc of California Credit Facility | Line of Credit | Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	0	0
Banc of California Credit Facility | Line of Credit | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	0	0
Banc of California Credit Facility | Line of Credit | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	5,665,000	7,665,000
Banc of California Credit Facility | Line of Credit | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	5,665,000	7,665,000
Banc of California Credit Facility | Line of Credit | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	5,665,000	7,665,000
Unsecured Note | Unsecured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	14,379,601	13,935,862
Unsecured Note | Unsecured Notes | Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	0	0
Unsecured Note | Unsecured Notes | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	0	0
Unsecured Note | Unsecured Notes | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	14,379,601	13,935,862
Unsecured Note | Unsecured Notes | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	14,842,512	14,787,997
Unsecured Note | Unsecured Notes | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt	$ 14,379,601	$ 13,935,862

Commitments and Contingencies -

Commitments and Contingencies - Outstanding Commitments to Fund Investments (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	$ 965,371	$ 1,472,576
Investment, Identifier [Axis]: Boca Home Care Holdings, Inc., First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	129,032	129,032
Investment, Identifier [Axis]: Clevertech Bidco, LLC, First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	126,033	126,033
Investment, Identifier [Axis]: Flow Service Partners Management, LLC, First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	159,091
Investment, Identifier [Axis]: Honor HN Buyer Inc., First Lien Debt (Delayed Draw)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	151,909	239,038
Investment, Identifier [Axis]: Honor HN Buyer Inc., First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	86,634	86,634
Investment, Identifier [Axis]: Medrina LLC, First Lien Debt (Delayed Draw)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	148,936	148,936
Investment, Identifier [Axis]: Medrina LLC, First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	106,383	106,383
Investment, Identifier [Axis]: Metasource, LLC, First Lien Debt (Delayed Draw)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments		300,000
Investment, Identifier [Axis]: One GI LLC, First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments		166,667
Investment, Identifier [Axis]: Tolemar Acquisition, Inc., First Lien Debt (Revolver)
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	$ 57,353	$ 169,853

Commitment and Contingencies -

Commitment and Contingencies - Narrative (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Cash and cash equivalents	$ 2,470,786
Revolving Credit Facility | Banc of California Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Unused commitment	$ 14,335,000	$ 12,335,000

Borrowings - Banc of California

Borrowings - Banc of California Credit Facility Narrative (Details) - USD ($)	Dec. 15, 2023	Dec. 14, 2023	Sep. 12, 2018	Sep. 30, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
Outstanding debt				$ 5,665,000	$ 7,665,000
Line of Credit | Banc of California Credit Facility | Revolving Credit Facility
Line of Credit Facility [Line Items]
Spread on variable rate (percent)	0.25%	0.75%	0.25%
Commitment fee, unused portion in excess of			$ 100,000
Debt instrument, floor interest rate	5%	4.25%
Commitment fee	0.50%
Commitment fee percentage	0.50%
Maximum availability limit percentage	50%
Borrowing capacity				20,000,000
Outstanding debt				5,665,000	7,665,000
Unused commitment				$ 14,335,000	$ 12,335,000

Borrowings - Banc of Californ_2

Borrowings - Banc of California Credit Facility Interest and Average Outstanding Balance (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Line of Credit Facility [Line Items]
Amortization of debt issuance costs			$ 130,614	$ 55,838
Total interest and debt financing costs	$ 377,659	$ 533,236	1,199,631	1,703,059
Cash paid for interest expense			1,068,744	1,648,668
Banc of California Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Stated interest expense	127,870	308,373	450,267	1,028,471
Amortization of debt issuance costs	25,366	440	76,099	1,323
Total interest and debt financing costs	153,236	308,813	526,366	1,029,794
Cash paid for interest expense	$ 128,913	$ 306,928	$ 449,994	$ 1,029,918
Effective interest rate	10.64%	9.55%	10.36%	8.99%
Average outstanding balance	$ 5,760,652	$ 12,935,109	$ 6,775,219	$ 15,277,454

Borrowings - Unsecured Notes Na

Borrowings - Unsecured Notes Narrative (Details) - Unsecured Notes - Unsecured Note - USD ($)	Nov. 27, 2019	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Interest rate	5.50%
Minimum aggregate principal amount that may be redeemed	10%
Redemption price, percentage	100%
Outstanding		$ 15,000,000	$ 15,000,000

Borrowings - Unsecured Notes In

Borrowings - Unsecured Notes Interest and Average Outstanding Balance (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Amortization of debt issuance costs			$ 130,614	$ 55,838
Total interest and debt financing costs	$ 377,659	$ 533,236	1,199,631	1,703,059
Cash paid for interest expense			$ 1,068,744	$ 1,648,668
Effective interest rate	7.28%	7.64%	7.35%	7.50%
Average outstanding balance	$ 20,760,652	$ 27,935,109	$ 21,775,219	$ 30,277,454
Unsecured Notes
Debt Instrument [Line Items]
Stated interest expense	206,250	206,250
Amortization of debt issuance costs	18,173	18,173
Total interest and debt financing costs	224,423	224,423
Cash paid for interest expense	$ 206,250	$ 206,250
Effective interest rate	5.98%	5.98%
Average outstanding balance	$ 15,000,000	$ 15,000,000
Unsecured Notes | Unsecured Note
Debt Instrument [Line Items]
Stated interest expense			618,750	618,750
Amortization of debt issuance costs			54,515	54,515
Total interest and debt financing costs			673,265	673,265
Cash paid for interest expense			$ 618,750	$ 618,750
Effective interest rate			5.98%	5.98%
Average outstanding balance			$ 15,000,000	$ 15,000,000

Borrowings - Average Dollar Bor

Borrowings - Average Dollar Borrowings and Weighted Average Effective Interest Rate (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Disclosure [Abstract]
Average dollar borrowings	$ 20,760,652	$ 27,935,109	$ 21,775,219	$ 30,277,454
Weighted average effective interest rate	7.28%	7.64%	7.35%	7.50%

Financial Highlights (Details)

Financial Highlights (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Investment Company, Financial Highlights [Roll Forward]
Net asset value per share at beginning of period (in usd per share)	$ 10.57	$ 10.68	$ 10.49	$ 11.13
Net investment income (in usd per share)	0.22	0.35	0.74	0.95
Net realized gain (loss), net of taxes (in usd per share)	0	0.01	(0.45)	(0.26)
Net unrealized appreciation (depreciation) on investments, net of deferred taxes (in usd per share)	(0.54)	0.01	0	(0.28)
Total net income (loss) from operations (in usd per share)	(0.32)	0.37	0.29	0.41
Distributions (in usd per share)	(0.25)	(0.25)	(0.76)	(0.76)
Repurchase of common stock (in usd per share)	0	0	(0.02)	0.02
Net asset value per share at end of period (in usd per share)	$ 10	$ 10.80	$ 10	$ 10.80
Total return based on net asset value	(3.00%)	3.50%	2.50%	4.10%
Shares outstanding at end of period (in shares)	1,693,121	1,885,078	1,693,121	1,885,078		1,835,599
Basic weighted average shares outstanding (in shares)	1,737,056	1,932,833	1,784,610	1,965,593
Diluted weighted average shares outstanding (in shares)	1,737,056	1,932,833	1,784,610	1,965,593
Ratio/Supplemental Data
Average net asset value	$ 17,656,080	$ 20,505,989	$ 18,329,561	$ 21,054,588
Net asset value at end of period	16,927,297	20,350,496	16,927,297	20,350,496	$ 18,384,862	$ 19,247,486	$ 20,661,482	$ 22,017,947
Net investment income	$ 384,091	$ 673,719	$ 1,320,585	$ 1,869,144
Ratio of net operating expenses to average net assets	23.50%	22%	23.80%	24.50%
Ratio of net investment income to average net assets	8.70%	13.10%	9.60%	11.80%
Portfolio turnover	13.50%	0.10%	18.40%	5.10%

Capital Transactions - Common S

Capital Transactions - Common Stock Transactions (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Stock sold (in shares)	0	0	0	57,618
Gross proceeds from the Offering	$ 0	$ 0	$ 0	$ 710,000
Commissions and dealer manager fees	0	0	0	(48,000)
Net proceeds to the Company	$ 0	$ 0	$ 0	$ 662,000

Capital Transactions - Stock Re

Capital Transactions - Stock Repurchases (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Repurchase of common stock (in shares)	46,460	49,926	142,478	150,234
Repurchase of common stock	$ 472,033	$ 542,189	$ 1,482,705	$ 1,642,606

Capital Transactions - Distribu

Capital Transactions - Distributions (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.7614	$ 0.7614
Cash Distribution	$ 1,348,860	$ 1,485,024
O 2024 M1 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 155,292
O 2024 M2 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 155,292
O 2024 M3 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 151,178
O 2024 M4 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 151,178
O 2024 M5 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 151,178
O 2024 M6 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 147,168
O 2024 M7 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 147,168
O 2024 M8 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 147,168
O 2024 M9 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)	$ 0.0846
Cash Distribution	$ 143,238
O 2023 M1 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 167,313
O 2023 M2 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 167,595
O 2023 M3 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 166,868
O 2023 M4 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 166,868
O 2023 M5 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 166,868
O 2023 M6 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 162,632
O 2023 M7 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 163,701
O 2023 M8 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 163,701
O 2023 M9 Dividends
Dividends Payable [Line Items]
Per Share Amount (in usd per share)		$ 0.0846
Cash Distribution		$ 159,478

Subsequent Events Not Disclos_2

Subsequent Events Not Disclosed Elsewhere (Details) - $ / shares			3 Months Ended		9 Months Ended
	Nov. 05, 2024	Oct. 29, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Subsequent Event [Line Items]
Distributions declared per common share (in usd per share)			$ 0.25	$ 0.25	$ 0.76	$ 0.76
Subsequent event
Subsequent Event [Line Items]
Distributions declared per common share (in usd per share)		$ 0.0846
Distribution yield		9%
Tender offer, repurchase, percent of weighted average number of shares of outstanding common stock	2.50%
Tender offer, repurchase, weighted average number of shares of outstanding common stock, period	12 months