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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Dec. 31, 2017
Cash and Cash Equivalents [Line Items]        
Cash and cash equivalents $ 7,164,246 $ 7,882,862    
Restricted cash 42,877,535 51,330,950    
Total cash, cash equivalents and restricted cash 50,041,781 59,213,812 $ 81,312,767 $ 45,622,602
Hunt CRE 2017-FL1, Ltd.        
Cash and Cash Equivalents [Line Items]        
Restricted cash 36,998,504 24,085,890    
Hunt CRE 2018-FL2, Ltd        
Cash and Cash Equivalents [Line Items]        
Restricted cash $ 5,879,031 $ 27,245,060