EARNINGS PER SHARE - Earnings per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income	$ 19,714,496	$ 9,863,660
Less dividends expense:
Common stock	13,581,323	12,535,116
Preferred stock	4,740,000	4,740,000
Dividends	18,321,323	17,275,116
Undistributed earnings (deficit)	$ 1,393,173	$ (7,411,456)
Total (in dollars per share)	$ 0.29	$ 0.11
Common Stock
Less dividends expense:
Distributed earnings (in dollars per share)	0.26	0.26
Undistributed earnings (deficit) (in dollars per share)	0.03	(0.15)
Total (in dollars per share)	0.29	0.11
Unvested Share Based Payment Awards
Less dividends expense:
Distributed earnings (in dollars per share)	0.26	0.26
Undistributed earnings (deficit) (in dollars per share)	0.03	0
Total (in dollars per share)	$ 0.29	$ 0.26