EARNINGS PER SHARE - Earnings per Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income	$ 6,980,182	$ 5,766,691
Less dividends:
Common stock	3,658,012	3,133,869
Preferred stock	1,184,999	1,184,958
Dividends	4,843,011	4,318,827
Undistributed earnings	$ 2,137,171	$ 1,447,864
Basic income per share (in dollars per share)	$ 0.11	$ 0.09
Common Stock
Less dividends:
Distributed earnings (in dollars per share)	0.07	0.06
Undistributed earnings (in dollars per share)	0.04	0.03
Basic income per share (in dollars per share)	0.11	0.09
Unvested Share-Based Payment Awards
Less dividends:
Distributed earnings (in dollars per share)	0.00	0.06
Undistributed earnings (in dollars per share)	0.00	0.03
Basic income per share (in dollars per share)	$ 0.00	$ 0.09