USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Variable Interest Entity [Line Items]
Net interest income	$ 8,246,368	$ 5,087,038
Reversal of credit losses, net	179,684	0
General and administrative fees	(948,066)	(852,732)
LFT CRE 2021-FL1, Ltd., Hunt Cre 2017-FL1, Ltd, and Hunt Cre 2018-FL2, Ltd.
Variable Interest Entity [Line Items]
Interest income	20,798,409	9,812,443
Interest expense	(13,033,046)	(4,004,238)
Net interest income	7,765,363	5,808,205
Reversal of credit losses, net	14,216	0
General and administrative fees	(143,349)	(146,522)
Net income	$ 7,636,230	$ 5,661,683