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USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Balance Sheets (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]        
Cash, cash equivalents and restricted cash $ 18,248,414 $ 16,011,830 $ 65,989,168 $ 59,213,812
Accrued interest receivable [1] 2,423,758 2,342,354    
Loans held for investment 639,366,297 [1] 635,260,420    
Total Assets [1] 664,017,213 657,901,998    
Accrued interest payable [1] 564,106 805,126    
Collateralized Loan Obligations [1] 506,416,518 505,930,065    
Total Liabilities [1] 549,953,072 549,257,286    
Equity [1] 113,964,641 108,545,212    
Total liabilities and equity [1] 664,017,213 657,901,998    
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.        
Variable Interest Entity [Line Items]        
Cash, cash equivalents and restricted cash 6,914,097 5,069,715    
Accrued interest receivable 2,379,358 2,313,818    
Loans held for investment 627,313,574 629,157,956    
Total Assets 636,607,029 636,541,489    
Accrued interest payable 491,153 732,173    
Collateralized Loan Obligations 506,416,518 505,930,065    
Total Liabilities 506,907,671 506,662,238    
Equity 129,699,358 129,879,251    
Total liabilities and equity $ 636,607,029 $ 636,541,489    
[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.