SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Financial Impact of the Adoption of Accounting Standard Update (Details) - USD ($)		Dec. 31, 2023	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost	[1]	$ 1,389,940,203			$ 1,076,148,186
Less: Allowance for credit losses					(4,258,668)
Commercial mortgage loans held-for-investment, net of allowance for credit losses	[1]	1,383,881,197			1,071,889,518
Other liabilities	[1]	2,373,609			583,989
Accumulated earnings	[1]	$ 47,373,908			$ 31,250,852
Accounting Standards Update 2016-13
Debt and Equity Securities, FV-NI [Line Items]
Accumulated earnings			$ 3,600,000	$ (3,600,000)
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13
Debt and Equity Securities, FV-NI [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost				0
Less: Allowance for credit losses				(3,549,501)
Commercial mortgage loans held-for-investment, net of allowance for credit losses				(3,549,501)
Other liabilities				41,939
Accumulated earnings				(3,591,440)
Cumulative Effect, Period of Adoption, Adjusted Balance | Accounting Standards Update 2016-13
Debt and Equity Securities, FV-NI [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost				1,076,148,186
Less: Allowance for credit losses				(7,808,169)
Commercial mortgage loans held-for-investment, net of allowance for credit losses				1,068,340,017
Other liabilities				625,928
Accumulated earnings				$ 27,659,412

[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 December 31, 2023 and December 31, 2022, assets of the consolidated VIEs totaled $1,384,136,334 and $1,005,507,371, respectively and the liabilities of consolidated VIEs totaled $1,150,207,290 and $831,575,144, respectively. See Note 4 for further discussion.