COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Mortgage Loans (Details) |
6 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2026
USD ($)
mortgageLoan
|
Dec. 31, 2025
USD ($)
mortgageLoan
|
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| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Allowance for credit losses | [1] | $ (21,248,582) | $ (22,658,121) | |
| One month SOFR rate ( as a percent) | 3.61% | 3.85% | ||
| Weighted average LIBOR floor rate (as a percent) | 2.70% | 2.18% | ||
| Weighted average floating rate | 100.00% | 100.00% | ||
| Commercial mortgage loans held-for-investment, net of allowance for credit losses | [1] | $ 991,664,826 | $ 1,114,047,992 | |
| Commercial Real Estate Portfolio Segment | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Unpaid Principal Balance | 1,014,665,959 | 1,140,268,217 | ||
| Carrying Value | 1,012,913,408 | 1,136,706,113 | ||
| Coupon Value, net | $ 991,664,826 | $ 1,114,047,992 | ||
| Loan Count | mortgageLoan | 51 | 61 | ||
| Weighted average, floating rate loan % | 100.00% | 100.00% | ||
| Weighted Average, Coupon rate | 7.00% | 7.20% | ||
| Weighted Average, Term (years) | 1 year 6 months | 1 year 8 months 12 days | ||
| Unaccreted purchase discounts | $ (815,303) | $ (1,657,584) | ||
| Commercial mortgage loans held-for-investment, net of allowance for credit losses | 991,664,826 | 1,114,047,992 | ||
| Outstanding senior secured loans from loan participations | 349,571,603 | 257,983,507 | ||
| Commercial Real Estate Portfolio Segment | Hunt CMT | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Commercial mortgage loans held-for-investment, net of allowance for credit losses | $ 642,093,223 | $ 856,064,487 | ||
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