XML 76 R65.htm IDEA: XBRL DOCUMENT v3.20.1
Fair Value Measurements - Valuation techniques (Details)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure $ 399,609,378 $ 379,160,415
Other Liabilities, Fair Value Disclosure   229,270,597
Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure   375,956,154
Loans Held For Investment Acquired Through Participation    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure   3,204,261
Discounted Cash Flow | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Other Liabilities, Fair Value Disclosure   $ 103,188,783
Discounted Cash Flow | Minimum | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0900
Discounted Cash Flow | Weighted average | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.1199
Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure 399,609,378  
Other Liabilities, Fair Value Disclosure 231,885,180  
Level 3 | Discounted Cash Flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure   $ 379,160,415
Level 3 | Discounted Cash Flow | Mortgage Loan [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Other Liabilities, Fair Value Disclosure   44,947,378
Level 3 | Discounted Cash Flow | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure 395,581,145 375,956,154
Other Liabilities, Fair Value Disclosure   81,134,436
Level 3 | Discounted Cash Flow | Loans Held For Investment Acquired Through Participation    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Loans Receivable, Fair Value Disclosure 4,028,233 $ 3,204,261
Level 3 | Discounted Cash Flow | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Other Liabilities, Fair Value Disclosure 59,524,887  
Level 3 | Discounted Cash Flow | Revolving Credit Facility Payable [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Other Liabilities, Fair Value Disclosure 35,000,000  
Level 3 | Discounted Cash Flow | Mortgage Agreement Payable [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Other Liabilities, Fair Value Disclosure 44,813,764  
Level 3 | Discounted Cash Flow | Repurchase Agreement Payable    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Other Liabilities, Fair Value Disclosure $ 92,546,529  
Level 3 | Discounted Cash Flow | Minimum | Mortgage Loan [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0608
Level 3 | Discounted Cash Flow | Minimum | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0411
Level 3 | Discounted Cash Flow | Maximum | Mortgage Loan [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0608
Level 3 | Discounted Cash Flow | Maximum | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0475
Level 3 | Discounted Cash Flow | Maximum | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.1495
Level 3 | Discounted Cash Flow | Weighted average | Mortgage Loan [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0608
Level 3 | Discounted Cash Flow | Weighted average | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input   0.0433
Level 3 | Discounted Cash Flow | Discount Rate | Minimum | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0445 0.0471
Level 3 | Discounted Cash Flow | Discount Rate | Minimum | Loans Held For Investment Acquired Through Participation    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1315 0.1190
Level 3 | Discounted Cash Flow | Discount Rate | Minimum | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0986  
Level 3 | Discounted Cash Flow | Discount Rate | Minimum | Revolving Credit Facility Payable [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0600  
Level 3 | Discounted Cash Flow | Discount Rate | Minimum | Repurchase Agreement Payable    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0334  
Level 3 | Discounted Cash Flow | Discount Rate | Maximum | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1925 0.1495
Level 3 | Discounted Cash Flow | Discount Rate | Maximum | Loans Held For Investment Acquired Through Participation    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1315 0.1190
Level 3 | Discounted Cash Flow | Discount Rate | Maximum | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1925  
Level 3 | Discounted Cash Flow | Discount Rate | Maximum | Revolving Credit Facility Payable [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0600  
Level 3 | Discounted Cash Flow | Discount Rate | Maximum | Repurchase Agreement Payable    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0477  
Level 3 | Discounted Cash Flow | Discount Rate | Weighted average | Loans Held for Investment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1103 0.0977
Level 3 | Discounted Cash Flow | Discount Rate | Weighted average | Loans Held For Investment Acquired Through Participation    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1315 0.1190
Level 3 | Discounted Cash Flow | Discount Rate | Weighted average | Obligations Under Participation Agreements    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.1323  
Level 3 | Discounted Cash Flow | Discount Rate | Weighted average | Revolving Credit Facility Payable [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0600  
Level 3 | Discounted Cash Flow | Discount Rate | Weighted average | Mortgage Agreement Payable [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0608  
Level 3 | Discounted Cash Flow | Discount Rate | Weighted average | Repurchase Agreement Payable    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement Input 0.0400