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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Loan Portfolio Activity (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]    
Beginning Balance [1] $ 1,071,889,518  
Purchases and advances 594,201,680 $ 345,921,827
Principal payments (277,481,511) (293,326,723)
Accretion of purchase discount 1,070,701 125,098
Amortization of purchase premium (19,253) (61,144)
Accretion of deferred loan fees 292,073 27,084
Cumulative-effect adjustment upon adoption of ASU 2013-16 [1] 1,383,881,197 1,071,889,518
Ending Balance [1] 1,383,881,197 1,071,889,518
Commercial Real Estate Portfolio Segment    
Financing Receivable, Allowance for Credit Loss [Roll Forward]    
Beginning Balance 1,071,889,518 1,001,825,294
Purchases and advances 594,201,680 345,158,577
Principal payments (277,481,511) (270,926,723)
Accretion of purchase discount 1,070,701 125,098
Amortization of purchase premium (19,253) (61,144)
Accretion of deferred loan fees 292,073 27,084
Cumulative-effect adjustment upon adoption of ASU 2013-16 1,383,881,197 1,071,889,518
Provision for credit losses (2,522,510) (4,258,668)
Ending Balance 1,383,881,197 1,071,889,518
Commercial Real Estate Portfolio Segment | Accounting Standards Update 2016-13 | Minimum    
Financing Receivable, Allowance for Credit Loss [Roll Forward]    
Beginning Balance 0  
Cumulative-effect adjustment upon adoption of ASU 2013-16 (3,549,501) 0
Ending Balance $ (3,549,501) $ 0
[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 December 31, 2023 and December 31, 2022, assets of the consolidated VIEs totaled $1,384,136,334 and $1,005,507,371, respectively and the liabilities of consolidated VIEs totaled $1,150,207,290 and $831,575,144, respectively. See Note 4 for further discussion.