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NOTES PAYABLE (Tables)
12 Months Ended
Dec. 31, 2022
NOTES PAYABLE [Abstract]  
Summary of Outstanding Senior Notes Payable

A summary of outstanding senior notes payable is as follows:

  

 

 

December 31, 2022

   

December 31, 2021

 

Notes payable

  $ 154,747,746     $ 100,000,000  

Less: 

               

Debt discount

    (11,914,683 )     (5,133,761 )

Senior notes payable

  $ 142,833,063     $ 94,866,239