CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	41,666,666	41,666,666
Common stock, shares issued (in shares)	7,903,175	7,878,216
Common stock, shares outstanding (in shares)	7,903,175	7,878,216
Common stock, shares issued, non-vested restricted shares (in shares)	574,538	416,675
Assets of consolidated variable interest entities (“VIEs”) included in total assets above:
Restricted cash	$ 1,971	$ 8,437
Accrued interest receivable	12,555	11,783
CRE loans	1,678,721	1,828,336
Other assets	4,548	3,590
Total assets of consolidated VIEs	2,095,242	2,196,105
Accounts payable and other liabilities	9,438	13,963
Accrued interest payable	7,881	8,459
Borrowings	1,582,031	1,676,200
Total liabilities of consolidated VIEs	$ 1,650,850	$ 1,749,890
8.625% Series C Preferred Stock
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, coupon authorized	8.625%	8.625%
Preferred stock, shares issued (in shares)	4,800,000	4,800,000
Preferred stock, shares outstanding (in shares)	4,800,000	4,800,000
7.875% Series D Preferred Stock
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	6,800,000	6,800,000
Preferred stock, liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, coupon authorized	7.875%	7.875%
Preferred stock, shares issued (in shares)	4,507,857	4,607,857
Preferred stock, shares outstanding (in shares)	4,507,857	4,607,857
VIE, Primary Beneficiary
Assets of consolidated variable interest entities (“VIEs”) included in total assets above:
Restricted cash	$ 190	$ 220
Accrued interest receivable	9,954	9,188
Principal Paydown Receivable	2,500	0
Prepaid Expenses	30	0
Other assets	155	71
Total assets of consolidated VIEs	1,366,439	1,475,942
Accounts payable and other liabilities	91	143
Accrued interest payable	2,821	3,828
Borrowings	1,093,953	1,204,569
Total liabilities of consolidated VIEs	1,096,865	1,208,540
VIE, Primary Beneficiary | Pledged as Collateral
Assets of consolidated variable interest entities (“VIEs”) included in total assets above:
CRE loans	$ 1,353,610	$ 1,466,463