Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Details)

v3.20.2
Notes Payable (Details)
9 Months Ended
Sep. 30, 2020
USD ($)
loan
Dec. 31, 2019
USD ($)
Nov. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Number of unsecured unsubordinated notes | loan 3      
Outstanding principal balance $ 72,526,750      
Aggregate amount outstanding $ 69,452,636 $ 55,475,810    
Threshold percentage of taxable income to prohibit distribution 90.00%      
Threshold asset coverage ratio 150.00%      
Period of written notice to redeem notes without premium or penalty 30 days      
Debt Issuance Costs, Net $ 3,074,115 2,687,190    
Unsecured subordinated notes        
Debt Issuance Costs, Net 3,600,000 $ 2,700,000    
June 2024 Notes        
Aggregate Principal amount issued       $ 23,663,000
Interest rate       7.125%
December 2024 Notes        
Aggregate Principal amount issued     $ 34,500,000  
Interest rate     6.875%  
September 2025 Notes        
Aggregate Principal amount issued $ 14,363,750      
Interest rate 7.75%