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RELATED PARTY TRANSACTIONS - Narrative (Details)
3 Months Ended
Feb. 22, 2022
$ / shares
shares
Jan. 03, 2020
Mar. 18, 2019
USD ($)
Mar. 31, 2022
USD ($)
contract
shares
Mar. 31, 2021
USD ($)
contract
Related Party Transaction [Line Items]          
Management fee percentage (as a percent)       1.50%  
Quarterly management fee percentage (as a percent)       0.375%  
Management fee expense       $ 924,617 $ 588,767
Management fee payable       929,000 588,000
Incentive fees       0 132,232
Incentive fees payable       0 132,232
Reimbursable expenses       390,710 312,454
Reimbursable expenses payable       $ 395,000 311,879
Reduction to reimbursable expenses as a percentage of exit fees waived (percent)       50.00%  
Reimbursable expenses waived       $ 603,317 258,240
Reimbursable expense reduction       $ 301,659 129,120
Manager Equity Plan          
Related Party Transaction [Line Items]          
Maximum shares issued, percentage of issued and outstanding shares of common stock (as a percent)       3.00%  
Manager Equity Plan | Restricted Stock Units (RSUs)          
Related Party Transaction [Line Items]          
Compensation expense       $ 4,638 2,885
Unrecognized compensation expense       $ 3,917 $ 2,468
Weighted average period for compensation expense not yet recognized       2 years 6 months  
Common Stock          
Related Party Transaction [Line Items]          
Issuance of common stock (in shares) | shares 27,277,269     27,277,269  
Common stock, shares issued (in dollars per share) | $ / shares $ 3.06        
Hunt Investment Management, LLC          
Related Party Transaction [Line Items]          
Quarterly incentive fee percentage (as a percent)   20.00%      
Hurdle rate percentage (as a percent)   8.00%      
Hunt Investment Management, LLC | Support Agreement          
Related Party Transaction [Line Items]          
Maximum reduction of expense reimbursement per annum (percent)     25.00%    
Maximum expense reimbursement reduction per annum     $ 568,000    
Aggregate reduction of expense reimbursement     $ 1,960,000    
Aggregate expense reimbursement       $ 1,860,000  
Lument Structured Finance | LFT CRE 2021-FL1, Ltd.          
Related Party Transaction [Line Items]          
Number of loans purchased | contract       8  
Unpaid principal balance of purchased loans       $ 108,900,000  
Lument Structured Finance | Lument Commercial Mortgage Trust          
Related Party Transaction [Line Items]          
Number of loans purchased | contract       6  
Unpaid principal balance of purchased loans       $ 76,000,000.0  
Lument Structured Finance | Hunt CRE 2018-FL2, Ltd          
Related Party Transaction [Line Items]          
Number of loans purchased | contract         3
Unpaid principal balance of purchased loans         $ 34,900,000
OREC Investment Holdings | Common Stock          
Related Party Transaction [Line Items]          
Issuance of common stock (in shares) | shares 13,071,895        
Common stock, shares issued (in dollars per share) | $ / shares $ 3.06        
Affiliate of Hunt Companies, Inc. | Common Stock          
Related Party Transaction [Line Items]          
Issuance of common stock (in shares) | shares 3,524,851        
Common stock, shares issued (in dollars per share) | $ / shares $ 3.06