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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Dec. 31, 2017
Cash and Cash Equivalents [Line Items]        
Cash and cash equivalents $ 10,300,620 $ 7,882,862    
Restricted cash 81,037,212 51,330,950    
Total cash, cash equivalents and restricted cash 91,337,832 59,213,812 $ 87,606,316 $ 45,622,602
Hunt CRE 2017-FL1, Ltd.        
Cash and Cash Equivalents [Line Items]        
Restricted cash 32,668,889 24,085,890    
Hunt CRE 2018-FL2, Ltd        
Cash and Cash Equivalents [Line Items]        
Restricted cash $ 48,368,323 $ 27,245,060