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ORGANIZATION AND BUSINESS OPERATIONS - Narrative (Details)
3 Months Ended 12 Months Ended
Mar. 18, 2019
USD ($)
Feb. 14, 2019
USD ($)
$ / shares
shares
Jan. 15, 2019
USD ($)
Apr. 30, 2018
USD ($)
Loan_Participation
Jan. 18, 2018
USD ($)
$ / shares
shares
Jan. 17, 2018
Mar. 31, 2019
USD ($)
shares
Mar. 31, 2018
Dec. 31, 2018
USD ($)
$ / shares
shares
Aug. 20, 2018
USD ($)
Variable Interest Entity [Line Items]                    
Total Assets             $ 659,406,989   $ 679,352,035  
Total Liabilities             550,136,102   529,148,697  
Cash and cash equivalents             13,640,181   7,882,862  
Collateralized loan obligations             504,460,023   503,978,918  
Principal amount             40,250,000      
Preferred stock, liquidation preference, value (in dollars)             $ 25   $ 25  
Preferred stock, shares outstanding (in shares) | shares             0   1,610,000  
Preferred stock, dividend rate, percentage             8.75% 8.75% 8.75%  
Preferred stock, liquidation preference (in dollars per share) | $ / shares                 $ 25  
Oaks Funding, LLC                    
Variable Interest Entity [Line Items]                    
Total Assets             $ 0      
Total Liabilities             0      
Oaks Funding II, LLC                    
Variable Interest Entity [Line Items]                    
Total Assets             0      
Total Liabilities             0      
Oaks Holding I LLC                    
Variable Interest Entity [Line Items]                    
Total Assets             0      
Total Liabilities             0      
Hunt | Private Placement                    
Variable Interest Entity [Line Items]                    
Common stock issued (in shares) | shares         1,539,406          
Common stock, shares issued (in dollars per share) | $ / shares         $ 4.77          
Aggregate capital raise         $ 7,342,967          
XL Investments | Hunt                    
Variable Interest Entity [Line Items]                    
Purchase premium (percentage)           56.90%        
Outstanding common shares owned (percentage)         9.50%          
XL Investments | Hunt | Private Placement                    
Variable Interest Entity [Line Items]                    
Common stock issued (in shares) | shares         710,495          
Hunt CMT                    
Variable Interest Entity [Line Items]                    
Aggregate purchase price       $ 68,000,000            
Number of loan participations | Loan_Participation       8            
Assets acquired       $ 100,000            
Loan participations acquired       6,200,000            
Face Amount                    
Variable Interest Entity [Line Items]                    
Total Assets             651,759,971   $ 638,744,038  
Total Liabilities             550,431,000   510,181,000  
Cash and cash equivalents             13,640,181   7,882,862  
Collateralized loan obligations             510,181,000   510,181,000  
Carrying Value                    
Variable Interest Entity [Line Items]                    
Total Assets             651,759,971   638,744,038  
Total Liabilities             543,760,567   503,978,918  
Cash and cash equivalents             13,640,181   7,882,862  
Collateralized loan obligations             504,460,023   503,978,918  
Hunt CRE 2017-FL1, Ltd. | Hunt CMT                    
Variable Interest Entity [Line Items]                    
Portfolio balance       339,400,000            
Cash and cash equivalents       9,800,000            
Hunt CRE 2017-FL1, Ltd. | Face Amount                    
Variable Interest Entity [Line Items]                    
Collateralized loan obligations       290,700,000            
Hunt CRE 2017-FL1, Ltd. | Carrying Value                    
Variable Interest Entity [Line Items]                    
Collateralized loan obligations       $ 287,600,000            
Hunt CRE 2018-FL2, Ltd                    
Variable Interest Entity [Line Items]                    
Cash and cash equivalents                   $ 59,700,000
Collateralized loan obligations                   285,000,000
Unpaid Principal Balance             219,400,000     $ 225,300,000
Commercial real estate portfolio segment                    
Variable Interest Entity [Line Items]                    
Unpaid Principal Balance             585,770,803   555,172,891  
Carrying Value             585,770,803   $ 555,172,891  
Commercial real estate portfolio segment | Hunt CRE 2018-FL2, Ltd                    
Variable Interest Entity [Line Items]                    
Carrying Value             215,400,000      
Delayed Draw Facility | Credit Agreement                    
Variable Interest Entity [Line Items]                    
Principal amount   $ 40,250,000.00 $ 40,250,000.00       $ 40,250,000.00      
Maturity term     6 years              
Proceeds from debt   39,300,000                
Delayed Draw Facility | Credit Agreement | Five year period following initial draw                    
Variable Interest Entity [Line Items]                    
Interest fixed rate     7.25%              
Delayed Draw Facility | Credit Agreement | First four months after fifth anniversary                    
Variable Interest Entity [Line Items]                    
Interest fixed rate     0.25%              
Delayed Draw Facility | Credit Agreement | Second four months after fifth anniversary                    
Variable Interest Entity [Line Items]                    
Interest fixed rate     0.375%              
Delayed Draw Facility | Credit Agreement | Last four months until maturity                    
Variable Interest Entity [Line Items]                    
Interest fixed rate     0.50%              
Redeemable Preferred Stock                    
Variable Interest Entity [Line Items]                    
Preferred stock, liquidation preference, value (in dollars)   $ 1,100,000                
Preferred stock, shares outstanding (in shares) | shares   1,610,000                
Preferred stock, dividend rate, percentage   8.75%                
Preferred stock, liquidation preference (in dollars per share) | $ / shares   $ 25                
Support Agreement | Hunt Investment Management, LLC                    
Variable Interest Entity [Line Items]                    
Maximum reduction of expense reimbursement per annum (percent) 25.00%                  
Maximum expense reimbursement reduction per annum $ 568,000                  
Aggregate reduction of expense reimbursement $ 1,960,000