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Loans Held for Investment - Property Type (Details)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 402,687,438 $ 377,388,317
Carrying value $ 402,969,513 $ 378,612,768
Percent Of Loan Portfolio Holdings 100.00% 100.00%
Allowance for Loan and Lease Losses, Real Estate $ (1,144,994) $ 0
Percent Of Allowance Of Loan Losses (0.003) 0
Office    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 143,941,260 $ 142,055,845
Carrying value $ 143,879,383 $ 141,870,355
Percent Of Loan Portfolio Holdings 35.70% 40.00%
Multifamily    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 83,318,419 $ 76,640,369
Carrying value $ 83,907,425 $ 77,136,016
Percent Of Loan Portfolio Holdings 20.80% 20.00%
Student housing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 75,155,569 $ 58,049,717
Carrying value $ 75,608,070 $ 58,553,496
Percent Of Loan Portfolio Holdings 18.80% 20.00%
Hotel    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 47,859,380 $ 46,598,011
Carrying value $ 48,029,027 $ 46,731,939
Percent Of Loan Portfolio Holdings 11.90% 10.00%
Infill land    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 34,812,810 $ 36,444,375
Carrying value $ 34,992,810 $ 36,624,375
Percent Of Loan Portfolio Holdings 8.70% 10.00%
Condominium    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 10,600,000 $ 10,600,000
Carrying value $ 10,697,792 $ 10,696,587
Percent Of Loan Portfolio Holdings 2.70% 0.00%
Industrial    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal Balance $ 7,000,000 $ 7,000,000
Carrying value $ 7,000,000 $ 7,000,000
Percent Of Loan Portfolio Holdings 1.70% 0.00%