USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Variable Interest Entity [Line Items]
Net interest income	$ 9,522,927	$ 7,508,980	$ 22,515,484	$ 15,755,348
Provision for credit losses, net			(3,134,168)	(375,399)
General and administrative fees	(1,130,948)	(882,723)	(2,265,084)	(1,830,789)
2021-FL1 CLO and LMF 2023-1
Variable Interest Entity [Line Items]
Interest income	28,931,987	21,530,481	60,312,921	42,328,890
Interest expense	(20,178,657)	(14,199,861)	(41,690,411)	(27,232,907)
Net interest income	8,753,330	7,330,620	18,622,510	15,095,983
Provision for credit losses, net	(1,376,712)	(522,003)	(3,134,168)	(507,787)
General and administrative fees	(266,102)	(181,894)	(512,848)	(325,243)
Net income	$ 7,110,516	$ 6,626,723	$ 14,975,494	$ 14,262,953