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LIFE INSURANCE SETTLEMENT POLICIES (Tables)
 9 Months Ended
Sep. 30, 2023
Investments, All Other Investments [Abstract]  
Schedule of Life Settlement Contracts, Fair Value Method The following tables summarize the Company’s life insurance policies grouped by remaining life expectancy as of September 30, 2023:
Policies Carried at Fair Value—
Remaining Life Expectancy (Years)PoliciesFace ValueFair Value
0-10$— $— 
1-2810,639,000 8,018,927 
2-31326,725,000 8,912,395 
3-43669,378,938 28,670,576 
4-52622,391,998 8,115,654 
Thereafter145174,470,094 29,867,822 
228$303,605,030 $83,585,374 
Schedule of Life Settlement Contracts, Investment Method Policies accounted for using the investment method—
Remaining Life Expectancy (Years)Number of Life Insurance PoliciesFace ValueCarrying Value
0-10$— $— 
1-21500,000 329,714 
2-321,500,000 437,775 
3-418,000,000 82,869 
4-52500,000 320,110 
Thereafter626,800,000 2,946,031 
12$37,300,000 $4,116,499 
Estimated premiums to be paid by the Company for its portfolio accounted for using the investment method during each of the five succeeding calendar years and thereafter as of September 30, 2023, are as follows:
2023 remaining$59,184 
2024411,445 
2025403,224 
202697,789 
2027
71,775 
Thereafter654,558 
Total$1,697,975