SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Financial Impact of the Adoption of Accounting Standard Update (Details) - USD ($)	Mar. 31, 2024	[1]	Dec. 31, 2023	[1]	Jan. 01, 2023	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost	$ 1,293,295,378		$ 1,389,940,203			$ 1,076,148,186
Less: Allowance for credit losses						(4,258,668)
Commercial mortgage loans held-for-investment, net of allowance for credit losses	1,285,478,916		1,383,881,197			1,071,889,518
Other liabilities	501,691	[2]	2,373,609	[2]		583,989
Accumulated earnings	$ 54,354,090		$ 47,373,908			$ 31,250,852
Accounting Standards Update 2016-13
Debt and Equity Securities, FV-NI [Line Items]
Accumulated earnings					$ (3,600,000)
Accounting Standards Update 2016-13 | Transition adjustment
Debt and Equity Securities, FV-NI [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost					0
Less: Allowance for credit losses					(3,549,501)
Commercial mortgage loans held-for-investment, net of allowance for credit losses					(3,549,501)
Other liabilities					41,939
Accumulated earnings					(3,591,440)
Accounting Standards Update 2016-13 | Post-adoption
Debt and Equity Securities, FV-NI [Line Items]
Commercial mortgage loans held-for-investment, at amortized cost					1,076,148,186
Less: Allowance for credit losses					(7,808,169)
Commercial mortgage loans held-for-investment, net of allowance for credit losses					1,068,340,017
Other liabilities					625,928
Accumulated earnings					$ 27,659,412

[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 March 31, 2024 and December 31, 2023, assets of consolidated VIEs totaled $1,311,421,901 and $1,384,136,334, respectively and the liabilities of consolidated VIEs totaled $1,079,644,656 and $1,150,207,290 respectively. See Note 4 for further discussion.

[2] Includes $63,064 and $43,647 of Current Expected Credit Loss ("CECL") allowance related to unfunded commitments on commercial mortgage loans, net as of March 31, 2024 and December 31, 2023, respectively.