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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Loan Portfolio Activity (Details) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Commercial Mortgage Loans Held-for-Investment    
Balance at December 31, 2022 [1] $ 1,071,889,518  
Principal payments (51,625,741) $ (131,756,365)
Amortization of purchase premium (5,287) (45,349)
Accretion of deferred loan fees 64,293 $ 0
Balance at March 31, 2023 [1] 1,016,463,672  
Commercial Real Estate Portfolio Segment    
Commercial Mortgage Loans Held-for-Investment    
Balance at December 31, 2022 1,071,889,518  
Principal payments (52,114,321)  
Amortization of purchase premium (5,287)  
Accretion of deferred loan fees 64,293  
Reversal of credit losses, net 178,970  
Balance at March 31, 2023 1,016,463,672  
Commercial Real Estate Portfolio Segment | Minimum | Accounting Standards Update 2016-13    
Commercial Mortgage Loans Held-for-Investment    
Balance at December 31, 2022 $ (3,549,501)  
[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.