LOANS HELD FOR INVESTMENT AT CARRYING VALUE - Narrative (Details) |
3 Months Ended | 12 Months Ended |
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Mar. 31, 2025
USD ($)
loan
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Dec. 31, 2024
USD ($)
loan
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LOANS HELD FOR INVESTMENT AT CARRYING VALUE [Abstract] | ||
Number of loans held for investments in portfolio (in loans) | loan | 12 | 9 |
Loans held for investments aggregate commitments | $ 352,100,000 | $ 190,900,000 |
Loans held at carrying value, outstanding principal | 233,380,706 | $ 132,556,289 |
Loans held at carrying value, outstanding principal fundings | 109,800,000 | |
Loan repayments, carrying value | $ 9,000,000.0 | |
Percentage of loans held at carrying value with floating interest rates (as a percent) | 89.00% | 79.00% |
Quoted interest rate (as a percent) | 4.30% | |
Interest rate floor (as a percent) | 4.10% |