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Consolidated Statements of Equity - USD ($)
Total
Common Stock
Additional Paid-In-Capital
Accumulated Earnings
Balance at Dec. 31, 2021 $ 264,077,968 $ 173,551 $ 264,081,977 $ (177,560)
Balance (in Shares) at Dec. 31, 2021   17,355,113    
Issuance of common stock, net of offering costs 4,481,556 $ 3,028 4,478,528  
Issuance of common stock, net of offering costs (in Shares)   302,800    
Stock-based compensation 448,773 $ 280 435,343 13,150
Stock-based compensation (in Shares)   28,039    
Dividends declared on common shares (37,267,751)     (37,267,751)
Net Income (Loss) 32,292,477     32,292,477
Balance at Dec. 31, 2022 $ 264,033,023 $ 176,859 268,995,848 (5,139,684)
Balance (in Shares) at Dec. 31, 2022 17,685,952 17,685,952    
Issuance of common stock, net of offering costs $ 1,222,352 $ 799 1,221,553  
Issuance of common stock, net of offering costs (in Shares)   79,862    
Issuance of common stock in connection with private placement, net of offering costs, underwriting discounts and commissions 5,794,847 $ 3,958 5,790,889  
Issuance of common stock in connection with private placement, net of offering costs, underwriting discounts and commissions (in Shares)   395,779    
Stock-based compensation 1,479,736 $ 356 1,474,802 4,578
Stock-based compensation (in Shares)   35,599    
Dividends declared on common shares (39,386,815)     (39,386,815)
Net Income (Loss) 38,710,248     38,710,248
Balance at Dec. 31, 2023 $ 271,853,391 $ 181,972 $ 277,483,092 $ (5,811,673)
Balance (in Shares) at Dec. 31, 2023 18,197,192 18,197,192