COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Allowance for Loan Losses (Details) - USD ($)		Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans held for investment	[1]	$ 7,816,462	$ 6,059,006
Unfunded loan commitments		63,064	43,647
Total allowance for credit losses		7,879,526	6,102,653
Total unpaid principal balance		1,299,971,777	1,397,385,160
General Reserve
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans held for investment		7,816,462	6,059,006
Unfunded loan commitments		63,064	43,647
Total allowance for credit losses		7,879,526	6,102,653
Total unpaid principal balance		1,299,971,777	1,397,385,160
Specific Reserve
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans held for investment		0	0
Unfunded loan commitments		0	0
Total allowance for credit losses		0	0
Total unpaid principal balance		$ 0	$ 0

[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.