Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income:
Commercial mortgage loans held-for-investment	$ 12,633,772	$ 8,227,979	$ 22,642,836	$ 15,698,096
Cash and cash equivalents	4,912	12,778	9,767	17,078
Interest expense:
Collateralized loan obligations	(5,284,890)	(2,211,947)	(9,289,128)	(4,397,189)
Secured term loan	(937,210)	(774,363)	(1,859,853)	(1,546,228)
Net interest income	6,416,584	5,254,447	11,503,622	9,771,757
Other (loss):
Provision for loan losses	(351,914)	0	(351,914)	0
Unrealized gain (loss) on mortgage servicing rights	81,216	(220,435)	228,598	(240,890)
Loss on extinguishment of debt	0	(1,663,926)	0	(1,663,926)
Servicing income, net	56,053	95,766	123,234	219,922
Total other (loss)	(214,645)	(1,788,595)	(82)	(1,684,894)
Expenses:
Management and incentive fees	1,090,652	725,465	2,015,269	1,446,464
General and administrative expenses	960,420	520,013	1,813,152	1,200,327
Operating expenses reimbursable to Manager	648,645	496,599	1,039,355	809,053
Other operating expenses	77,808	48,054	153,998	82,807
Compensation expense	54,893	49,491	105,781	98,626
Total expenses	2,832,418	1,839,622	5,127,555	3,637,277
Net income before provision for income taxes	3,369,521	1,626,230	6,375,985	4,449,586
(Provision for) benefit from income taxes	(25,669)	54,012	(77,334)	39,299
Net income	3,343,852	1,680,242	6,298,651	4,488,885
Dividends accrued to preferred stockholders	(1,185,042)	(725,667)	(2,370,000)	(729,375)
Net income attributable to common stockholders	2,158,810	954,575	3,928,651	3,759,510
Earnings per share:
Net income attributable to common stockholders (basic)	2,158,810	954,575	3,928,651	3,759,510
Net income attributable to common stockholders (diluted)	$ 2,158,810	$ 954,575	$ 3,928,651	$ 3,759,510
Weighted average number of shares of common stock outstanding (in shares)	52,226,141	24,944,075	44,389,086	24,943,731
Basic income per share (in dollars per share)	$ 0.04	$ 0.04	$ 0.09	$ 0.15
Diluted income per share (in dollars per share)	0.04	0.04	0.09	0.15
Dividends declared per share of common stock (in dollars per share)	$ 0.06	$ 0.09	$ 0.12	$ 0.18