v3.26.1
LOANS HELD FOR INVESTMENT AT CARRYING VALUE - Narrative (Details)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
loan
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
loan
Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Line Items]      
Number of loans held for investments in portfolio (in loans) | loan 15   16
Loans held for investments aggregate commitments $ 397,100,000   $ 420,700,000
Loans held at carrying value, outstanding principal 299,286,738   $ 305,513,185
Loans held at carrying value, outstanding principal fundings 90,200,000    
Loan repayments, carrying value $ 70,100,000    
Percentage of loans held at carrying value with floating interest rates (as a percent) 96.20%   96.40%
Interest rate floor (as a percent) 3.90%    
Number of loans on non accrual status | loan 0   1
Non-cash investment in unconsolidated real estate joint venture $ 24,635,000 $ 0  
Secured Overnight Financing Rate (SOFR)      
Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Line Items]      
Quoted interest rate (as a percent) 3.70%    
Prime Rate      
Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Line Items]      
Quoted interest rate (as a percent) 6.75%    
Interest rate floor (as a percent) 8.00%