COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Mortgage Loans (Details)		3 Months Ended	12 Months Ended
		Mar. 31, 2025 USD ($) mortgageLoan	Dec. 31, 2024 USD ($) mortgageLoan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	[1]	$ (17,060,194)	$ (11,320,220)
One month SOFR rate ( as a percent)		4.31%	4.51%
Weighted average LIBOR floor rate (as a percent)		0.94%	0.63%
Weighted average floating rate		100.00%	100.00%
Commercial mortgage loans held-for-investment, net of allowance for credit losses	[1]	$ 988,781,424	$ 1,048,803,078
Commercial Real Estate Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid Principal Balance		1,010,888,938	1,065,563,646
Carrying Value		1,005,841,618	1,060,123,298
Carrying value, net		$ 988,781,424	$ 1,048,803,078
Loan Count | mortgageLoan		61	65
Financing receivable, floating rate (as a percent)		100.00%	100.00%
Coupon		7.90%	8.10%
Term (Years)		2 years	2 years 1 month 6 days
Unaccreted purchase discounts		$ (2,978,218)	$ (3,466,214)
Commercial mortgage loans held-for-investment, net of allowance for credit losses		988,781,424	1,048,803,078
Outstanding senior secured loans from loan participations		887,414	1,082,931
Commercial Real Estate Portfolio Segment | Hunt CMT
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commercial mortgage loans held-for-investment, net of allowance for credit losses		$ 989,668,838	$ 1,049,886,009

[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.