EARNINGS PER SHARE - Earnings per Share (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income	$ 4,598,446	$ 6,980,182	$ 2,574,227	$ 5,766,691	$ 11,578,628	$ 8,340,918
Less dividends:
Common stock	4,182,019	3,658,012	3,133,869	3,133,869	7,840,030	6,267,738
Preferred stock	1,185,001	$ 1,184,999	1,185,042	$ 1,184,958	2,370,000	2,370,000
Dividends	5,367,020		4,318,911		10,210,030	8,637,738
Undistributed earnings	$ (768,574)		$ (1,744,684)		$ 1,368,598	$ (296,820)
Basic income per share (in dollars per share)	$ 0.07		$ 0.03		$ 0.18	$ 0.11
Common Stock
Less dividends:
Distributed earnings (in dollars per share)	0.08		0.06		0.15	0.12
Undistributed earnings (in dollars per share)	(0.01)		(0.03)		0.03	(0.01)
Basic income per share (in dollars per share)	0.07		0.03		0.18	0.11
Unvested Share-Based Payment Awards
Less dividends:
Distributed earnings (in dollars per share)	0.00		0.06		0.00	0.12
Undistributed earnings (in dollars per share)	0.00		0.00		0.00	0.00
Basic income per share (in dollars per share)	$ 0.00		$ 0.06		$ 0.00	$ 0.12