FAIR VALUE - Fair Value Information on Financial Instruments (Details) - USD ($)		Dec. 31, 2019		Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	[1]	$ 10,942,115		$ 7,882,862
Restricted cash	[1]	5,069,715		51,330,950
Cash held in securitization trusts, at fair value	[1],[2]	0		24,357,335
Total assets	[1]	657,901,998		679,352,035
Collateralized loan obligations, net	[1]	505,930,065		503,978,918
Secured Term Loan, net	[1]	39,384,041		0
Total liabilities	[1]	549,257,286		529,148,697
Principal Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		10,942,115		7,882,862
Restricted cash		5,069,715		51,330,950
Cash held in securitization trusts, at fair value				24,357,335
Commercial mortgage loans held-for-investment		635,260,420		555,172,891
Total assets		651,272,250		638,744,038
Collateralized loan obligations, net		510,181,000		510,181,000
Secured Term Loan, net		40,250,000
Total liabilities		550,431,000		510,181,000
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		10,942,115	[1]	7,882,862
Restricted cash		5,069,715	[1]	51,330,950
Cash held in securitization trusts, at fair value				24,357,335
Commercial mortgage loans held-for-investment		635,260,420	[1]	555,172,891
Total assets		651,272,250		638,744,038
Collateralized loan obligations, net		505,930,065		503,978,918
Secured Term Loan, net		39,384,041
Total liabilities		545,314,106		503,978,918
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		10,942,115		7,882,862
Restricted cash		5,069,715		51,330,950
Cash held in securitization trusts, at fair value				24,357,335
Commercial mortgage loans held-for-investment		635,260,420		555,172,891
Total assets		651,272,250		638,744,038
Collateralized loan obligations, net		510,834,435		509,000,439
Secured Term Loan, net		42,999,082
Total liabilities		$ 553,833,517		$ 509,000,439

[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.

[2] As of December 31, 2018, assets of the consolidated VIE related to the FREMF 2012-KF01 Trust totaled $24,357,335, and the liabilities of consolidated VIE related to the FREMF 2012-KF01 trust totaled $19,595,186.