SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($)		Mar. 31, 2025	Dec. 31, 2024	Mar. 31, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	[1]	$ 63,520,405	$ 69,173,444
Restricted cash	[1]	1,001,654	2,390,654
Total cash, cash equivalents and restricted cash		64,522,059	71,564,098	$ 64,645,554	$ 51,517,192
2021-FL1 CLO
Cash and Cash Equivalents [Line Items]
Restricted cash		737,536	234,229
LMF 2023-1 Financing
Cash and Cash Equivalents [Line Items]
Restricted cash		$ 264,118	$ 2,156,425

[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, 2025 and December 31, 2024, assets of consolidated VIEs totaled $996,233,424 and $1,058,138,406, respectively and the liabilities of consolidated VIEs totaled $774,692,458 and $831,001,605 respectively. See Note 4 for further discussion.