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USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Variable Interest Entity [Line Items]        
Net interest income     $ 23,874,804 $ 20,678,748
Loss on extinguishment of debt $ 0 $ (1,663,926) 0 (1,663,926)
General and administrative expenses     3,467,653 2,879,655
Net income     9,863,660 10,527,222
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.        
Variable Interest Entity [Line Items]        
Interest income     53,264,413 35,506,459
Interest expense     29,055,324 12,178,545
Net interest income     24,209,089 23,327,914
Loss on extinguishment of debt     0 1,663,926
General and administrative expenses     614,149 308,718
Net income     $ 23,594,940 $ 21,355,270