COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Allowance for Loan Losses Rollforward (Details) - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses at beginning of period		$ 4,258,668	[1]	$ 0
Provision for credit losses		2,522,510		4,258,668
Allowance for credit losses at end of period	[1]	6,059,006		4,258,668
General Reserve
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses at beginning of period		0
Allowance for credit losses at end of period		6,059,006		0
Commercial loans held-for-investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Charge offs		(4,271,673)		0
Commercial loans held-for-investment | Unfunded Loan Commitment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses at beginning of period		0		0
Provision for credit losses		1,708		0
Allowance for credit losses at end of period		43,647		0
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13 | Commercial loans held-for-investment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses at beginning of period		3,549,501		0
Allowance for credit losses at end of period				3,549,501
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13 | Commercial loans held-for-investment | Unfunded Loan Commitment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses at beginning of period		$ 41,939		0
Allowance for credit losses at end of period				$ 41,939

[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.