COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Allowance for Loan Losses (Details) - USD ($)	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans held for investment	$ 6,059,006	[1]	$ 4,258,668	[1]	$ 0
Unfunded loan commitments	43,647		0
Total allowance for credit losses	6,102,653		4,258,668
Total unpaid principal balance	1,397,385,160		10,258,668
General Reserve
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans held for investment	6,059,006		0
Unfunded loan commitments	43,647		0
Total allowance for credit losses	6,102,653		0
Total unpaid principal balance	1,397,385,160		0
Specific Reserve
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans held for investment	0		4,258,668
Unfunded loan commitments	0		0
Total allowance for credit losses	0		4,258,668
Total unpaid principal balance	$ 0		$ 10,258,668

[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.