COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Mortgage Loans (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) mortgageLoan	Dec. 31, 2021 USD ($) mortgageLoan	Dec. 31, 2020 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ (4,258,668)	$ 0	$ 0
Loan Count | mortgageLoan	1
Weighted average, floating rate loan, percentage (percent)		100.00%
One Month LIBOR Rate (percent)	$ 0.0418	$ 0.0010
One Month SOFR Rate (percent)	4.19%	0.00%
Weighted average LIBOR floor rate (percent)	$ 0.0027
Weighted average SOFR floor rate (percent)		0.49%
Weighted average floating rate (as a percent)	77.40%
Weighted average SOFR rate (as a percent)	22.60%
Commercial mortgage loans held-for-investment, at amortized cost	$ 1,071,889,518	$ 1,001,825,294
Commercial Real Estate Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid Principal Balance	1,076,865,099	1,001,869,994
Carrying Value	1,076,148,186	1,001,825,294
Carrying value, net	$ 1,071,889,518	$ 1,001,825,294
Loan Count | mortgageLoan	71	66
Weighted average, floating rate loan, percentage (percent)		100.00%
Weighted average coupon rate, percentage (as a percent)	7.60%	3.90%
Weighted average, life (years)	3 years 6 months	3 years 8 months 12 days
Commercial mortgage loans held-for-investment, at amortized cost	$ 1,071,889,518	$ 1,001,825,294	$ 547,345,334
Outstanding senior secured loans from loan participants	75,378,115	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	$ 996,511,403	$ 974,025,294