XML 19 R1.htm IDEA: XBRL DOCUMENT v3.24.0.1
Cover - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Mar. 13, 2024
Jun. 30, 2023
Entity Information [Line Items]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2023    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity File Number 001-35845    
Entity Registrant Name LUMENT FINANCE TRUST, INC.    
Entity Incorporation, State or Country Code MD    
Entity Tax Identification Number 45-4966519    
Entity Address, Address Line One 230 Park Avenue    
Entity Address, Address Line Two 20th Floor    
Entity Address, City or Town New York    
Entity Address, State or Province NY    
Entity Address, Postal Zip Code 10169    
City Area Code 212    
Local Phone Number 317-5700    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Non-accelerated Filer    
Entity Small Business true    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag false    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 52.3
Entity Common Stock, Shares Outstanding   52,248,631  
Amendment Flag false    
Document Fiscal Year Focus 2023    
Document Fiscal Period Focus FY    
Entity Central Index Key 0001547546    
Common Stock      
Entity Information [Line Items]      
Title of 12(b) Security Common Stock, par value $0.01 per share    
Trading Symbol LFT    
Security Exchange Name NYSE    
Redeemable Preferred Stock      
Entity Information [Line Items]      
Title of 12(b) Security 7.875% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share    
Trading Symbol LFTPrA    
Security Exchange Name NYSE