v3.25.4
Document And Entity Information - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Mar. 06, 2026
Document Information [Line Items]    
Entity Registrant Name CHICAGO ATLANTIC REAL ESTATE FINANCE, INC.  
Trading Symbol REFI  
Document Type 10-K  
Current Fiscal Year End Date --12-31  
Entity Common Stock, Shares Outstanding   21,080,272
Entity Public Float $ 236.8  
Amendment Flag false  
Entity Central Index Key 0001867949  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Filer Category Non-accelerated Filer  
Entity Well-known Seasoned Issuer No  
Document Period End Date Dec. 31, 2025  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus FY  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Shell Company false  
Entity Ex Transition Period false  
ICFR Auditor Attestation Flag false  
Document Annual Report true  
Document Transition Report false  
Entity File Number 001-41123  
Entity Incorporation, State or Country Code MD  
Entity Tax Identification Number 86-3125132  
Entity Address, Address Line One 1680 Michigan Avenue  
Entity Address, Address Line Two Suite 700  
Entity Address, City or Town Miami Beach  
Entity Address, State or Province FL  
Entity Address, Postal Zip Code 33139  
City Area Code (312)  
Local Phone Number 625-9295  
Title of 12(b) Security Common Stock, par value $0.01 per share  
Security Exchange Name NASDAQ  
Entity Interactive Data Current Yes  
Document Financial Statement Error Correction false  
Auditor Firm ID 243  
Documents Incorporated by Reference

Portions of the Registrant’s definitive Proxy Statement relating to the 2026 Annual Meeting of Stockholders, to be filed with the Securities and Exchange Commission, are incorporated by reference in Part III of this Annual Report on Form 10-K to the extent described therein.

  
Auditor Name BDO USA, P.C.  
Auditor Location Chicago, Illinois  
Auditor Opinion

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheets of Chicago Atlantic Real Estate Finance, Inc. (the “Company”) as of December 31, 2025 and 2024, the related consolidated statements of operations, equity, and cash flows for each of the years then ended, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2025 and 2024, and the results of its operations and its cash flows for each of the years then ended, in conformity with accounting principles generally accepted in the United States of America.