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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Loan Risk Ratings (Details)
9 Months Ended 12 Months Ended
Sep. 30, 2022
USD ($)
mortgage_loan
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
mortgage_loan
Financing Receivable, Credit Quality Indicator [Line Items]      
Outstanding Principal [1] $ 1,045,953,691   $ 1,001,825,294
Average risk rating, moderate 2.7   2.3
Purchase of commercial loans held for investment $ 269,596,827 $ 647,459,391  
Commercial Real Estate Portfolio Segment      
Financing Receivable, Credit Quality Indicator [Line Items]      
Number of Loans | mortgage_loan 70   66
Outstanding Principal $ 1,045,929,099   $ 1,001,869,994
Year 1 132,563,390   797,454,369
Year 2 820,262,406   19,827,960
Year 3     109,327,972
Year 4 42,077,193   55,526,061
Year 5 29,504,354   $ 19,688,932
Before year 5 19,673,411    
Purchase of commercial loans held for investment $ 269,596,827    
Commercial Real Estate Portfolio Segment | Risk rating, 1      
Financing Receivable, Credit Quality Indicator [Line Items]      
Number of Loans | mortgage_loan 0   0
Outstanding Principal $ 0   $ 0
Year 1 0   0
Year 2 0   0
Year 3     0
Year 4 0   0
Year 5 0   $ 0
Before year 5 $ 0    
Commercial Real Estate Portfolio Segment | Risk rating, 2      
Financing Receivable, Credit Quality Indicator [Line Items]      
Number of Loans | mortgage_loan 23   40
Outstanding Principal $ 302,083,221   $ 634,438,386
Year 1 24,084,750   596,052,235
Year 2 273,552,471   4,920,000
Year 3     33,466,151
Year 4 0   0
Year 5 4,446,000   $ 0
Before year 5 0    
Commercial loans that paid off 110,000,000    
Purchase of commercial loans held for investment 69,000,000    
Transition of commercial loans held for sale to a lower risk rating $ 86,200,000    
Commercial Real Estate Portfolio Segment | Risk rating, 3      
Financing Receivable, Credit Quality Indicator [Line Items]      
Number of Loans | mortgage_loan 45   23
Outstanding Principal $ 720,837,210   $ 342,350,405
Year 1 108,478,640   201,402,134
Year 2 533,959,935   6,870,561
Year 3     70,566,216
Year 4 42,077,193   43,777,862
Year 5 16,672,623   $ 19,688,932
Before year 5 $ 19,673,411    
Average risk rating, percentage 97.80%   97.50%
Commercial loans that paid off $ 99,000,000    
Purchase of commercial loans held for investment 193,600,000    
Transition of commercial loans held for sale to a higher risk rating 377,600,000    
Transition of commercial loans held for sale to a lower risk rating $ 5,300,000    
Commercial Real Estate Portfolio Segment | Risk rating, 4      
Financing Receivable, Credit Quality Indicator [Line Items]      
Number of Loans | mortgage_loan 1   3
Outstanding Principal $ 12,750,000   $ 25,081,203
Year 1 0   0
Year 2 12,750,000   8,037,399
Year 3     5,295,605
Year 4 0   11,748,199
Year 5 0   $ 0
Before year 5 0    
Commercial loans that paid off 9,500,000    
Transition of commercial loans held for sale to a higher risk rating $ 12,800,000    
Commercial Real Estate Portfolio Segment | Risk rating, 5      
Financing Receivable, Credit Quality Indicator [Line Items]      
Number of Loans | mortgage_loan 1   0
Outstanding Principal $ 10,258,668   $ 0
Year 1 0   0
Year 2 0   0
Year 3     0
Year 4 0   0
Year 5 8,385,731   $ 0
Before year 5 0    
Transition of commercial loans held for sale to a higher risk rating $ 10,300,000    
[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 September 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $1,004,040,687 and $1,003,896,995, respectively and the liabilities of consolidated VIEs totaled $830,248,911 and $827,390,435 respectively. See Note 4 for further discussion.