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USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Variable Interest Entity [Line Items]                
Net interest income $ 4,831,984     $ 3,795,884     $ 13,791,320 $ 12,049,146
General and administrative fees (786,651)     (904,413)     (2,531,385) (3,266,757)
Net income (loss) 2,551,010 $ 1,878,703 $ 1,551,671 2,157,748 $ 1,394,170 $ 1,474,767 5,981,384 5,026,685
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.                
Variable Interest Entity [Line Items]                
Interest income 7,900,183     9,717,060     25,225,152 29,695,218
Interest expense (2,495,996)     (5,244,001)     (9,649,523) (16,147,178)
Net interest income 5,404,187     4,473,059     15,575,629 13,548,040
General and administrative fees (201,459)     (256,269)     (497,088) (538,028)
Net income (loss) $ 5,202,728     $ 4,216,790     $ 15,078,541 $ 13,010,012