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USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Variable Interest Entity [Line Items]            
Net interest income $ 4,783,694   $ 4,046,715   $ 8,959,336 $ 8,253,262
General and administrative fees (978,842)   (895,659)   (1,744,734) (2,362,344)
Net income 1,878,703 $ 1,551,671 1,394,170 $ 1,474,767 3,430,374 2,868,937
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.            
Variable Interest Entity [Line Items]            
Interest income 8,292,797   10,165,682   17,324,969 19,978,158
Interest expense (2,915,638)   (5,456,288)   (7,153,527) (10,903,177)
Net interest income 5,377,159   4,709,394   10,171,442 9,074,981
General and administrative fees (149,643)   (121,307)   (295,629) (281,759)
Net income $ 5,227,516   $ 4,588,087   $ 9,875,813 $ 8,793,222