EQUITY - Additional Information (Details)				3 Months Ended		6 Months Ended		12 Months Ended	101 Months Ended
		Apr. 20, 2023 election tradingDay shares	Nov. 29, 2018 USD ($) shares	Jun. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Jun. 30, 2024 USD ($) $ / shares shares	Mar. 31, 2024 shares	Mar. 31, 2023 shares	Dec. 31, 2022 shares	Dec. 31, 2020	Dec. 15, 2015 USD ($)
Stockholders' Equity Note [Line Items]
Common stock, shares authorized (in shares) | shares				450,000,000		450,000,000		450,000,000	450,000,000
Common stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01		$ 0.01	$ 0.01
Common stock, shares issued (in shares) | shares				52,275,230		52,275,230		52,248,631	52,275,230
Common stock, shares outstanding (in shares) | shares				52,275,230		52,275,230		52,248,631	52,275,230
Stock repurchase program, authorized amount														$ 10,000,000
Preferred stock, shares authorized (in shares) | shares				50,000,000		50,000,000		50,000,000	50,000,000
Preferred stock, par value (in dollars per share) | $ / shares				$ 0.01		$ 0.01		$ 0.01	$ 0.01
Preferred stock, shares issued (in shares) | shares				2,400,000		2,400,000		2,400,000	2,400,000
Preferred stock, shares outstanding (in shares) | shares				2,400,000		2,400,000		2,400,000	2,400,000
Dividends payable	[1]			$ 5,179,519		$ 5,179,519		$ 4,654,904	$ 5,179,519
Dividends declared per share of common stock (in dollars per share) | $ / shares				$ 0.08	$ 0.06	$ 0.15	$ 0.12
Noncontrolling interests	[1]			$ 99,500		$ 99,500		$ 99,500	$ 99,500
Dividends on the HCMT Preferred Shares				$ 1,185,001	$ 1,185,042	$ 2,370,000	$ 2,370,000
Number of trading days | tradingDay		10
Director
Stockholders' Equity Note [Line Items]
Number of election | election		1
Stock repurchase program, period in force		6 months
Stock Repurchase Program
Stockholders' Equity Note [Line Items]
Stock repurchase program, authorized amount														$ 10,000,000
Common stock repurchase activity (in shares) | shares									0
Number of shares repurchased (in shares) | shares				126,856		126,856			126,856
Weighted average share price of common stock repurchased (in dollars per share) | $ / shares						$ 5.09
Stock repurchase program, remaining authorized amount				$ 9,400,000		$ 9,400,000			$ 9,400,000
Common Stock
Stockholders' Equity Note [Line Items]
Common stock, shares outstanding (in shares) | shares				52,275,230	52,231,152	52,275,230	52,231,152	52,248,631	52,275,230	52,257,315	52,231,152	52,231,152
Dividends payable				$ 7,840,030		$ 7,840,030			$ 7,840,030
Common Stock | Stock-for-Fees Program
Stockholders' Equity Note [Line Items]
Sale of stock, number of shares issued in transaction (in shares) | shares		2,611,555				26,599	17,479
Weighted average price (in dollars per share) | $ / shares						$ 2.3475	$ 2.2825
Common Stock | Stock-for-Fees Program | Director
Stockholders' Equity Note [Line Items]
Sale of stock, number of shares issued in transaction (in shares) | shares						522,311
Noncontrolling interests
Stockholders' Equity Note [Line Items]
Dividends on the HCMT Preferred Shares						$ 0
Preferred dividends paid						$ 7,500
Noncontrolling interests | Series A Preferred Stock
Stockholders' Equity Note [Line Items]
Number of shares issued (in shares) | shares			125
Noncontrolling interests			$ 99,500
Equity raised			125,000
Non-controlling interests expenses			$ 25,500
Dividend rate percentage (as a percent)			12.00%
Redemption price ratio													1.1
Dividends on the HCMT Preferred Shares								$ 15,000

[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 June 30, 2024 and December 31, 2023, assets of consolidated VIEs totaled $1,229,092,297 and $1,384,136,334, respectively and the liabilities of consolidated VIEs totaled $999,192,658 and $1,150,207,290 respectively. See Note 4 for further discussion.