SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same amounts shown in the statements of cash flows.

	March 31, 2021		December 31, 2020
Cash and cash equivalents	$	11,717,804	$	11,375,960
Restricted cash CRE 2018-FL2, Ltd.	$	32,154,188	$	57,999,396
Total cash, cash equivalents and restricted cash	$	43,871,992	$	69,375,356