SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2022

Accounting Policies [Abstract]

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash

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

	September 30, 2022		December 31, 2021
Cash and cash equivalents	$	48,485,316	$	14,749,046
Restricted cash CRE 2021-FL1, Ltd.	$	28,222,095	$	3,530,006
Total cash, cash equivalents and restricted cash	$	76,707,411	$	18,279,052