USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Balance Sheets (Details) - USD ($)		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Variable Interest Entity [Line Items]
Cash, cash equivalents and restricted cash		$ 47,366,365	$ 18,279,052	$ 69,375,356
Accrued interest receivable	[1]	5,797,991	3,977,752
Investment related receivable	[1]	0	22,400,000
Loans held for investment		1,071,889,518	1,001,825,294
Total assets	[1]	1,127,965,537	1,048,923,353
Accrued interest payable	[1]	2,360,809	704,055
Collateralized loan obligations, net	[1]	829,310,498	826,782,543
Total liabilities	[1]	884,964,040	879,547,853
Equity	[1]	242,901,997	169,276,000
Total liabilities and equity	[1]	1,127,965,537	1,048,923,353
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.
Variable Interest Entity [Line Items]
Cash, cash equivalents and restricted cash		3,507,850	3,530,006
Accrued interest receivable		5,488,118	3,941,695
Investment related receivable		0	22,400,000
Loans held for investment		996,511,403	974,025,294
Total assets		1,005,507,371	1,003,896,995
Accrued interest payable		2,264,646	607,892
Collateralized loan obligations, net		829,310,498	826,782,543
Total liabilities		831,575,144	827,390,435
Equity		173,932,227	176,506,560
Total liabilities and equity		$ 1,005,507,371	$ 1,003,896,995

[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 December 31, 2022 and December 31, 2021, assets of the consolidated VIEs totaled $1,005,507,371 and $1,003,896,995, respectively and the liabilities of consolidated VIEs totaled $831,575,144 and $827,390,435, respectively.