USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Balance Sheets (Details) - USD ($)		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Variable Interest Entity [Line Items]
Cash, cash equivalents and restricted cash		$ 51,517,192		$ 47,366,365		$ 18,279,052
Accrued interest receivable	[1]	8,588,805		5,797,991
Loans held for investment	[1]	1,383,881,197		1,071,889,518
Total assets	[1]	1,446,932,447		1,127,965,537
Accrued interest payable	[1]	4,092,701		2,360,809
Collateralized loan obligations, net	[1]	1,146,210,752		829,310,498
Total liabilities	[1]	1,206,140,067		884,964,040
Equity		240,792,380	[1]	243,001,497	[1]	$ 169,375,500
Total liabilities and equity	[1]	1,446,932,447		1,127,965,537
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.
Variable Interest Entity [Line Items]
Cash, cash equivalents and restricted cash		270,217		3,507,850
Accrued interest receivable		8,588,805		5,488,118
Investment related receivable		0		0
Loans held for investment		1,375,277,312		996,511,403
Total assets		1,384,136,334		1,005,507,371
Accrued interest payable		3,996,538		2,264,646
Collateralized loan obligations, net		1,146,210,752		829,310,498
Total liabilities		1,150,207,290		831,575,144
Equity		233,929,044		173,932,227
Total liabilities and equity		$ 1,384,136,334		$ 1,005,507,371

[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.