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RESTRICTED CASH
12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
RESTRICTED CASH RESTRICTED CASH
2021-FL1 CLO was actively managed with an initial reinvestment period of 30 months which expired in December 2023. LMF 2023-1 Financing is actively managed with initial reinvestment period of 24 months that expires in July 2025. As loans payoff or mature, as applicable, during this reinvestment period, cash received is restricted and intended to be reinvested within LMF 2023-1 Financing in accordance with the terms and conditions of its respective governing agreement.