FAIR VALUE - Fair Value Information on Financial Instruments (Details) - USD ($)		Mar. 31, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	[1]	$ 11,717,804	$ 11,375,960
Restricted cash	[1]	32,154,188	57,999,396
Total Assets	[1]	567,406,572	621,489,779
Collateralized loan obligations	[1]	409,404,872	463,060,090
Secured Term Loan	[1]	39,598,532	39,556,198
Total Liabilities	[1]	453,140,504	507,786,627
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents			11,375,960
Restricted cash			57,999,396
Commercial mortgage loans held-for-investment	[1]		547,345,334
Total Assets		528,037,241	616,720,690
Collateralized loan obligations			463,060,090
Secured Term Loan			39,556,198
Total Liabilities		449,003,404	502,616,288
Carrying Value | Quoted prices in active markets for identical assets Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		11,717,804	11,375,960
Restricted cash		32,154,188	57,999,396
Carrying Value | Significant other observable inputs Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Collateralized loan obligations		409,404,872	463,060,090
Carrying Value | Unobservable inputs Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial mortgage loans held-for-investment		484,165,249	547,345,334
Secured Term Loan		39,598,532	39,556,198
Face Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents			11,375,960
Restricted cash			57,999,396
Commercial mortgage loans held-for-investment			547,345,334
Total Assets		528,037,241	616,720,690
Collateralized loan obligations			465,316,126
Secured Term Loan			40,250,000
Total Liabilities		451,492,221	505,566,126
Face Amount | Quoted prices in active markets for identical assets Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		11,717,804	11,375,960
Restricted cash		32,154,188	57,999,396
Face Amount | Significant other observable inputs Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Collateralized loan obligations		411,242,221	465,316,126
Face Amount | Unobservable inputs Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial mortgage loans held-for-investment		484,165,249	547,345,334
Secured Term Loan		40,250,000	40,250,000
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents			11,375,960
Restricted cash			57,999,396
Commercial mortgage loans held-for-investment			547,134,755
Total Assets		527,958,671	616,510,111
Collateralized loan obligations			458,094,412
Secured Term Loan			44,514,373
Total Liabilities		455,225,490	502,608,785
Fair Value | Quoted prices in active markets for identical assets Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		11,717,804	11,375,960
Restricted cash		32,154,188	57,999,396
Fair Value | Significant other observable inputs Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Collateralized loan obligations		410,864,162	458,094,412
Fair Value | Unobservable inputs Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial mortgage loans held-for-investment		484,086,679	547,134,755
Secured Term Loan		$ 44,361,328	$ 44,514,373

[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, 2021 and December 31, 2020, assets of consolidated VIEs related to Hunt CRE 2017-F1, Ltd. and Hunt CRE 2018-FL2, Ltd. totaled $537,399,673 and $591,318,506, respectively and the liabilities of consolidated VIEs related to Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd totaled $409,716,943 and $463,411,967 respectively. See Note 4 for further discussion.