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USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES Condensed Consolidated Balance Sheets (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]    
Cash and cash equivalents [1] $ 10,942,115 $ 7,882,862
Accrued interest receivable [1] 2,342,354 2,430,790
Investment related receivable [1] 0 33,042,234
Loans held for investment [1] 635,260,420 555,172,891
Total assets [1] 657,901,998 679,352,035
Accrued interest payable [1] 805,126 1,231,649
Collateralized loan obligations, net [1] 505,930,065 503,978,918
Total liabilities [1] 549,257,286 529,148,697
Equity [1] 108,545,212 150,103,838
Total liabilities and equity [1] 657,901,998 679,352,035
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.    
Variable Interest Entity [Line Items]    
Cash and cash equivalents 5,069,715 51,330,950
Accrued interest receivable 2,313,818 2,398,905
Investment related receivable 0 32,666,128
Loans held for investment 629,157,956 550,555,503
Total assets 636,541,489 636,951,486
Accrued interest payable 732,173 867,794
Collateralized loan obligations, net 505,930,065 503,978,918
Total liabilities 506,662,238 504,846,712
Equity 129,879,251 132,104,774
Total liabilities and equity $ 636,541,489 $ 636,951,486
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIE's) as the Company was the primary beneficiary of these VIEs. As of December 31, 2019 and December 31, 2018, assets of the consolidated VIEs related to Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd. totaled $636,541,489 and $636,951,486, respectively and the liabilities of consolidated VIEs related to Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd. totaled $506,662,238 and $504,846,712, respectively.