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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Loan Portfolio Activity (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Commercial Mortgage Loans Held-for-Investment    
Balance at December 31, 2021 [1] $ 1,001,825,294  
Purchases and fundings 184,992,167 $ 34,888,000
Principal payments (131,756,365) (98,068,085)
Accretion of purchase discount 100,572 (207,767)
Amortization of purchase premium (45,349) $ 0
Balance at March 31, 2022 [1] 1,077,516,319  
Commercial real estate portfolio segment    
Commercial Mortgage Loans Held-for-Investment    
Balance at December 31, 2021 1,001,825,294  
Purchases and fundings 184,992,167  
Principal payments (109,356,365)  
Accretion of purchase discount 100,572  
Amortization of purchase premium (45,349)  
Balance at March 31, 2022 $ 1,077,516,319  
[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, 2022 and December 31, 2021, assets of consolidated VIEs totaled $1,002,685,982 and $1,003,896,995, respectively and the liabilities of consolidated VIEs totaled $828,126,768 and $827,390,435 respectively. See Note 4 for further discussion.