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Consolidated Balance Sheets (Parenthetical) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Variable Interest Entity [Line Items]    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 50,000,000 50,000,000
Preferred stock, dividend rate (percentage) 7.875% 7.875%
Preferred Stock, Liquidation Preference, Value $ 60,000,000 $ 60,000,000
Preferred stock, shares issued (in shares) 2,400,000 2,400,000
Preferred stock, shares outstanding (in shares) 2,400,000 2,400,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 450,000,000 450,000,000
Common stock, shares issued (in shares) 52,248,631 52,231,152
Common stock, shares outstanding (in shares) 52,248,631 52,231,152
Assets [1] $ 1,446,932,447 $ 1,127,965,537
Liabilities [1] 1,206,140,067 884,964,040
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.    
Variable Interest Entity [Line Items]    
Assets 1,384,136,334 1,005,507,371
Liabilities $ 1,150,207,290 $ 831,575,144
[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.