USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Variable Interest Entity [Line Items]
Interest expense	$ (12,646,774)	$ (20,178,657)	$ (26,283,248)	$ (41,690,411)
Net interest income	6,960,779	9,522,927	14,695,313	22,515,484
Depreciation			(138,777)	0
General and administrative fees	(1,006,961)	(1,130,948)	(1,931,021)	(2,265,084)
2021-FL1 CLO and LMF 2023-1
Variable Interest Entity [Line Items]
Interest income	18,876,129	28,931,987	39,361,327	60,312,921
Interest expense	(12,646,774)	(20,178,657)	(26,283,248)	(41,690,411)
Net interest income	6,229,355	8,753,330	13,078,079	18,622,510
Provision for credit losses, net	(99,005)	(1,376,712)	(5,838,979)	(3,134,168)
Depreciation	(138,777)	0
General and administrative fees	(227,497)	(266,102)	(411,061)	(512,848)
Net income	$ 5,764,076	$ 7,110,516	$ 6,689,262	$ 14,975,494