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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended
Feb. 14, 2019
Sep. 30, 2020
Jun. 30, 2020
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Jan. 15, 2019
Dec. 31, 2018
Dec. 15, 2015
Debt and Equity Securities, FV-NI [Line Items]                  
Non-accrual status   $ 0   $ 0          
Recognized impairment   0   0          
Allowance for loan losses   0   0          
Principal amount   40,250,000   40,250,000 $ 40,250,000        
Deferred financing costs amortized   $ 1,017,419   $ 1,017,419          
Common stock, shares authorized (in shares)   450,000,000   450,000,000 450,000,000        
Common stock, par value (in dollars per share)   $ 0.01   $ 0.01 $ 0.01        
Common stock, shares issued (in shares)   24,943,383   24,943,383 23,692,164        
Common stock, shares outstanding (in shares)   24,943,383   24,943,383 23,692,164 24,943,383      
Stock repurchase program, authorized amount                 $ 10,000,000
Preferred stock, shares outstanding (in shares)               1,610,000  
Preferred stock, dividend rate, percentage       8.75%          
Preferred stock, liquidation preference (in dollars per share)               $ 25.00  
Other Operating Income (Expense)                  
Debt and Equity Securities, FV-NI [Line Items]                  
Reclassification of deferred financing costs from other assets to other operating expenses   $ 624,816              
Redeemable Preferred Stock                  
Debt and Equity Securities, FV-NI [Line Items]                  
Preferred stock, shares outstanding (in shares) 1,610,000                
Preferred stock, dividend rate, percentage 8.75%                
Preferred stock, liquidation preference (in dollars per share) $ 25                
Delayed Draw Facility | Credit Agreement                  
Debt and Equity Securities, FV-NI [Line Items]                  
Principal amount $ 40,250,000 $ 40,250,000   $ 40,250,000     $ 40,250,000    
Collateralized Loan Obligations                  
Debt and Equity Securities, FV-NI [Line Items]                  
Maximum exposure to loss from consolidated trusts     $ 124,046,671 $ 124,046,671