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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Earnings (Deficit)
Balance at Dec. 31, 2021 $ 273,075,174 $ 1 $ 163,866 $ 274,172,934 $ (168,750) $ (1,092,877)
Balance (in shares) at Dec. 31, 2021     16,442,812      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock, net of offering costs (in shares)     3,913,230      
Issuance of common stock, net of offering costs 73,346,205   $ 39,694 73,306,511    
Stock-based compensation (in shares)     7,958      
Stock-based compensation 1,221,562   $ 80 1,221,482    
Dividends declared on common shares (33,382,866)         (33,382,866)
Dividends declared on preferred shares (7,500)         (7,500)
Other comprehensive income (loss) 168,750       168,750  
Net income 32,994,312         32,994,312
Balance at Sep. 30, 2022 347,415,637 1 $ 203,640 348,700,927 0 (1,488,931)
Balance (in shares) at Sep. 30, 2022     20,364,000      
Balance at Dec. 31, 2021 273,075,174 1 $ 163,866 274,172,934 (168,750) (1,092,877)
Balance (in shares) at Dec. 31, 2021     16,442,812      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared on common shares (33,382,865)          
Balance at Dec. 31, 2022 $ 339,059,369 1 $ 203,640 348,817,914 0 (9,962,186)
Balance (in shares) at Dec. 31, 2022 20,364,000   20,364,000      
Balance at Jun. 30, 2022 $ 338,200,365 1 $ 197,933 339,568,041 0 (1,565,610)
Balance (in shares) at Jun. 30, 2022     19,857,872      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock, net of offering costs (in shares)     506,466      
Issuance of common stock, net of offering costs 9,023,889   $ 5,065 9,018,824    
Stock-based compensation (in shares)     (338)      
Stock-based compensation 114,704   $ 642 114,062    
Dividends declared on common shares (11,403,840)         (11,403,840)
Other comprehensive income (loss) 0          
Net income 11,480,519         11,480,519
Balance at Sep. 30, 2022 347,415,637 1 $ 203,640 348,700,927 0 (1,488,931)
Balance (in shares) at Sep. 30, 2022     20,364,000      
Balance at Dec. 31, 2022 $ 339,059,369 1 $ 203,640 348,817,914 0 (9,962,186)
Balance (in shares) at Dec. 31, 2022 20,364,000   20,364,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation (in shares)     93,697      
Stock-based compensation $ 693,441   $ 937 692,504    
Dividends declared on common shares (31,113,361)         (31,113,361)
Dividends declared on preferred shares (7,500)         (7,500)
Other comprehensive income (loss) 0          
Net income 30,140,482         30,140,482
Balance at Sep. 30, 2023 $ 338,772,431 1 $ 204,577 349,510,418 0 (10,942,565)
Balance (in shares) at Sep. 30, 2023 20,457,697   20,457,697      
Balance at Jun. 30, 2023 $ 340,318,237 1 $ 204,577 349,216,404 0 (9,102,745)
Balance (in shares) at Jun. 30, 2023     20,457,697      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 294,014     294,014    
Dividends declared on common shares (9,819,695)         (9,819,695)
Other comprehensive income (loss) 0          
Net income 7,979,875         7,979,875
Balance at Sep. 30, 2023 $ 338,772,431 $ 1 $ 204,577 $ 349,510,418 $ 0 $ (10,942,565)
Balance (in shares) at Sep. 30, 2023 20,457,697   20,457,697