COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Mortgage Loans (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2022 USD ($) mortgage_loan	Dec. 31, 2021 USD ($) mortgage_loan	Jun. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Value	$ 1,044,080,754
Allowance for loan losses	$ (1,872,937)	$ 0	$ (351,914)	$ 0	$ 0	$ 0
Financing receivable, floating Rate (as a percent)	86.50%	100.00%
One month LIBOR rate (as a percent)	2.66%	0.10%
One month SOFR rate ( as a percent)	2.60%	0.00%
Weighted average LIBOR floor rate (as a percent)	0.26%	0.49%
Weighted average floating rate	83.50%
Weighted average SOFR rate	16.50%
Commercial Real Estate Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid Principal Balance	$ 1,045,929,099	$ 1,001,869,994
Carrying Value	$ 1,045,953,691	$ 1,001,825,294
Loan Count | mortgage_loan	70	66
Financing receivable, floating Rate (as a percent)	100.00%	100.00%
Coupon	6.00%	3.90%
Term (Years)	3 years 7 months 6 days	3 years 8 months 12 days
Commercial mortgage loans held-for-investment, at amortized cost	$ 1,044,080,754	$ 1,001,825,294
Outstanding senior secured loans from loan participations	73,696,034	27,800,000
Commercial Real Estate Portfolio Segment | Hunt CMT
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost	$ 971,905,743	$ 974,025,294