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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Loan Risk Ratings (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
mortgageLoan
Dec. 31, 2024
USD ($)
mortgageLoan
Financing Receivable, Credit Quality Indicator [Line Items]    
Outstanding Principal [1] $ 919,672,180 $ 1,060,123,298
Average risk rating, moderate 3.5 3.5
Commercial Real Estate Portfolio Segment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 56 65
Outstanding Principal $ 924,227,644 $ 1,065,563,646
Year 1 3,574,551 58,068,230
Year 2 58,103,598 17,973,555
Year 3 17,931,720 511,654,760
Year 4 423,636,921 $ 461,106,533
Year 5 $ 402,173,122  
Commercial Real Estate Portfolio Segment | Risk rating, 1    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 0 0
Outstanding Principal $ 0 $ 0
Year 1 0 0
Year 2 0 0
Year 3 0 0
Year 4 0 $ 0
Year 5 $ 0  
Commercial Real Estate Portfolio Segment | Risk rating, 2    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 6 3
Outstanding Principal $ 80,365,000 $ 57,840,000
Year 1 3,574,551 27,048,495
Year 2 27,056,641 0
Year 3 0 30,416,761
Year 4 49,470,843 $ 0
Year 5 0  
Commercial loans that paid off 3,600,000  
Transition of commercial loans held for sale to a lower risk rating $ 18,900,000  
Commercial Real Estate Portfolio Segment | Risk rating, 3    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 28 40
Outstanding Principal $ 495,516,994 $ 616,637,103
Year 1 0 31,019,735
Year 2 31,046,957 17,973,555
Year 3 17,931,720 266,895,843
Year 4 178,773,996 $ 294,277,177
Year 5 $ 262,310,309  
Average risk rating, percentage 63.00% 63.70%
Commercial loans that paid off $ 94,600,000  
Transition of commercial loans held for sale to a lower risk rating $ 88,100,000  
Commercial Real Estate Portfolio Segment | Risk rating, 4    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 14 16
Outstanding Principal $ 224,238,863 $ 292,826,616
Year 1 0 0
Year 2 0 0
Year 3 0 140,183,307
Year 4 159,662,031 $ 147,641,857
Year 5 59,283,424  
Commercial loans that paid off 21,500,000  
Transition of commercial loans held for sale to a higher risk rating 75,900,000  
Transition of commercial loans held for sale to a lower risk rating $ 21,100,000  
Commercial Real Estate Portfolio Segment | Risk rating, 5    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 8 6
Outstanding Principal $ 124,106,787 $ 98,259,927
Year 1 0 0
Year 2 0 0
Year 3 0 74,158,849
Year 4 35,730,051 $ 19,187,499
Year 5 80,579,389  
Commercial loans that paid off 2,000,000  
Transition of commercial loans held for sale to a higher risk rating 44,600,000  
Transition of commercial loans held for sale to a risk rating two steps higher $ 49,400,000  
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company was the primary beneficiary of these VIEs. As of June 30, 2025 and December 31, 2024, assets of consolidated VIEs totaled $934,090,475 and $1,058,138,406, respectively and the liabilities of consolidated VIEs totaled $712,768,638 and $831,001,605 respectively. See Note 4 for further discussion.