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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Loan Portfolio Activity (Details) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Loans Receivable Held-For-Investment, Net, Reconciliation To Cash Flow [Roll Forward]    
Balance at December 31, 2019 $ 635,260,420  
Purchases and fundings 38,613,756 $ 64,612,349
Proceeds from principal payments (34,507,879) $ (34,014,437)
Balance at March 31, 2020 [1] 639,366,297  
Commercial real estate portfolio segment    
Loans Receivable Held-For-Investment, Net, Reconciliation To Cash Flow [Roll Forward]    
Balance at December 31, 2019 635,260,420  
Purchases and fundings 38,613,756  
Proceeds from principal payments (34,507,879)  
Balance at March 31, 2020 $ 639,366,297  
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company was the primary beneficiary of these VIEs. As of March 31, 2020 and December 31, 2019, assets of consolidated VIEs related to Hunt CRE 2017-F1, Ltd. and Hunt CRE 2018-FL2, Ltd. totaled 636,607,029 and $636,541,489, respectively and the liabilities of consolidated VIEs related to Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd totaled 506,907,671 and $506,662,238 respectively. See Note 5 for further discussion.