RESTRICTED CASH	6 Months Ended
Jun. 30, 2026
Cash and Cash Equivalents [Abstract]
RESTRICTED CASH	RESTRICTED CASH Restricted cash primarily includes (1) proceeds from principal payments and interest payments held by the securitization trust which have yet to be reinvested or distributed, (2) proceeds from principal and interest payments held under our secured financing agreements which have yet to be distributed, (3) interest reserve accounts related to our secured financing agreements and (4) funds on deposit with financial institutions related to real estate owned properties that are held in the Company's consolidated VIEs. LMF 2023-1 Financing was actively managed with an initial reinvestment period of 24 months which expired in July 2025. LMNT 2025-FL3 CLO is actively managed with an initial reinvestment period of 30 months which expires in May 2028. As loans pay off or mature, as applicable, during this reinvestment period, cash received is restricted and intended to be reinvested within LMNT 2025-FL3 CLO in accordance with the terms and conditions of its respective governing agreements.

RESTRICTED CASH

6 Months Ended

Jun. 30, 2026

Cash and Cash Equivalents [Abstract]

Restricted cash primarily includes (1) proceeds from principal payments and interest payments held by the securitization trust which have yet to be reinvested or distributed, (2) proceeds from principal and interest payments held under our secured financing agreements which have yet to be distributed, (3) interest reserve accounts related to our secured financing agreements and (4) funds on deposit with financial institutions related to real estate owned properties that are held in the Company's consolidated VIEs.

LMF 2023-1 Financing was actively managed with an initial reinvestment period of 24 months which expired in July 2025.

LMNT 2025-FL3 CLO is actively managed with an initial reinvestment period of 30 months which expires in May 2028. As loans pay off or mature, as applicable, during this reinvestment period, cash received is restricted and intended to be reinvested within LMNT 2025-FL3 CLO in accordance with the terms and conditions of its respective governing agreements.