v3.26.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Variable Interest Entity [Line Items]    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 50,000,000 50,000,000
Preferred stock, dividend rate, percentage 7.875% 7.875%
Preferred stock, aggregate liquidation preference $ 60,000,000 $ 60,000,000
Preferred stock, shares issued (in shares) 2,400,000 2,400,000
Preferred stock, shares outstanding (in shares) 2,400,000 2,400,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 450,000,000 450,000,000
Common stock, shares issued (in shares) 52,486,129 52,399,265
Common stock, shares outstanding (in shares) 52,486,129 52,399,265
Assets [1] $ 1,115,459,199 $ 1,215,980,159
Liabilities [1] 910,640,830 996,893,441
LMNT 2025-FL3 CLO    
Variable Interest Entity [Line Items]    
Assets 662,520,376  
Liabilities $ 581,587,437  
LMNT 2025-FL3 CLO and LMF 2023-1 Financing    
Variable Interest Entity [Line Items]    
Assets   889,507,091
Liabilities   $ 750,274,556
[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 June 30, 2026 and December 31, 2025, assets of consolidated VIEs totaled $662,520,376 and $889,507,091, respectively, and the liabilities of consolidated VIEs totaled $581,587,437 and $750,274,556, respectively. See Note 4 for further discussion.