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USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES Condensed Consolidated Statement of Operations (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]                    
Interest expense $ 5,589,000 $ 6,036,000 $ 6,242,000 $ 5,776,000 $ 5,571,000 $ 4,604,000 $ 12,981,000 $ 18,398,000    
Net interest income 3,365,000 3,796,000 4,047,000 4,207,000 4,598,000 5,115,000 4,570,000 3,118,000 $ 15,413,842 $ 17,400,715
General and administrative fees                 (4,335,376) (4,006,774)
Net income $ 1,222,000 $ 2,158,000 $ 1,394,000 $ 1,475,000 $ 350,000 $ 4,353,000 $ (21,490,000) $ 11,315,000 6,248,890 (5,471,462)
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.                    
Variable Interest Entity [Line Items]                    
Interest income                 38,530,632 24,800,048
Interest expense                 20,882,076 12,578,306
Net interest income                 17,648,556 12,221,742
General and administrative fees                 (708,207) (355,723)
Net income                 $ 16,940,349 $ 11,866,019