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COMMON STOCK (Details) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
COMMON STOCK [Abstract]      
Common stock shares authorized (in shares) 100,000,000   100,000,000
Common stock par value (in dollars per share) $ 0.01   $ 0.01
Common stock, shares issued (in shares) 6,214,672   6,214,672
Common stock, shares outstanding (in shares) 6,214,672 6,214,672 [1] 6,214,672
Value of common stock sold $ 85,000,000    
Offering costs $ 2,000,000 $ 1,609,184  
Issuance of common stock pursuant to distribution reinvestment plan (in shares) 0 0  
[1] The Company was formed on January 25, 2021 and the effective date of the registration statement was February 3, 2022.