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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Mortgage Loans (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2023
USD ($)
mortgageLoan
Dec. 31, 2022
USD ($)
mortgageLoan
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Less: Allowance for credit losses $ (3,357,527) $ (4,258,668)
One month LIBOR rate (as a percent) 4.70% 4.18%
One month SOFR rate ( as a percent) 4.70% 4.19%
Weighted average LIBOR floor rate (as a percent) 0.27% 0.27%
Weighted average floating rate 76.30% 77.40%
Weighted average SOFR rate 23.70% 22.60%
Commercial mortgage loans held-for-investment, net of allowance for credit losses [1] $ 1,016,463,672 $ 1,071,889,518
Commercial Real Estate Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance 1,020,479,107 1,076,865,099
Carrying Value 1,019,821,199 1,076,148,186
Carrying value, net $ 1,016,463,672 $ 1,071,889,518
Loan Count | mortgageLoan 67 71
Financing receivable, floating Rate (as a percent) 100.00% 100.00%
Coupon 8.10% 7.60%
Term (Years) 3 years 2 months 12 days 3 years 6 months
Commercial mortgage loans held-for-investment, net of allowance for credit losses $ 1,016,463,672 $ 1,071,889,518
Outstanding senior secured loans from loan participations 22,183,654 75,378,115
Commercial Real Estate Portfolio Segment | Hunt CMT    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Commercial mortgage loans held-for-investment, net of allowance for credit losses $ 994,280,018 $ 996,511,403
[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 March 31, 2023 and December 31, 2022, assets of consolidated VIEs totaled $1,002,563,861 and $1,005,507,371, respectively and the liabilities of consolidated VIEs totaled $832,342,571 and $831,575,144 respectively. See Note 4 for further discussion.