COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Mortgage Loans (Details)		9 Months Ended	12 Months Ended
		Sep. 30, 2023 USD ($) mortgageLoan	Dec. 31, 2022 USD ($) mortgageLoan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	[1]	$ (4,716,230)	$ (4,258,668)
Unamortized purchase discount		$ 7,023,177
One month LIBOR rate (as a percent)			4.18%
One month SOFR rate ( as a percent)		5.33%	4.19%
Weighted average LIBOR floor rate (as a percent)		0.41%	0.27%
Weighted average floating rate		100.00%	77.40%
Weighted average SOFR rate			22.60%
Commercial mortgage loans, held-for-investment, net of allowance for credit losses	[1]	$ 1,350,831,756	$ 1,071,889,518
Commercial Real Estate Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid Principal Balance		1,363,109,256	1,076,865,099
Carrying Value		1,355,547,986	1,076,148,186
Carrying value, net		$ 1,350,831,756	$ 1,071,889,518
Loan Count | mortgageLoan		87	71
Financing receivable, floating Rate (as a percent)		100.00%	100.00%
Coupon		8.80%	7.60%
Term (Years)		3 years 1 month 6 days	3 years 6 months
Commercial mortgage loans, held-for-investment, net of allowance for credit losses		$ 1,350,831,756	$ 1,071,889,518
Outstanding senior secured loans from loan participations		12,196,596	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		$ 1,338,635,160	$ 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 September 30, 2023 and December 31, 2022, assets of consolidated VIEs totaled $1,384,961,307 and $1,005,507,371, respectively and the liabilities of consolidated VIEs totaled $1,149,063,668 and $831,575,144 respectively. See Note 4 for further discussion.