v3.26.1
COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Loan Risk Ratings (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
mortgageLoan
Dec. 31, 2025
USD ($)
mortgageLoan
Financing Receivable, Credit Quality Indicator [Line Items]    
Outstanding Principal [1] $ 1,012,913,408 $ 1,136,706,113
Commercial Real Estate Portfolio Segment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 51 61
Outstanding Principal $ 1,014,665,959 $ 1,140,268,217
Year 1 50,021,109 226,627,703
Year 2 206,157,175 182,030,271
Year 3 164,798,866 0
Year 4 0 359,990,652
Year 5 295,045,082 $ 345,399,366
Year 6 $ 275,642,594  
Commercial Real Estate Portfolio Segment | Risk rating, 1    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 0 0
Outstanding Principal $ 0 $ 0
Year 1 0 0
Year 2 0
Year 3 0 0
Year 4 0 0
Year 5 0 $ 0
Year 6 $ 0  
Commercial Real Estate Portfolio Segment | Risk rating, 2    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 11 9
Outstanding Principal $ 190,807,433 $ 161,089,912
Year 1 50,021,109 43,904,254
Year 2 43,968,519 48,438,856
Year 3 42,885,734 0
Year 4 0 68,375,256
Year 5 80,318,209 $ 0
Year 6 $ 23,217,812  
Commercial Real Estate Portfolio Segment | Risk rating, 3    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 28 38
Outstanding Principal $ 613,595,339 $ 752,514,730
Year 1 0 182,723,449
Year 2 162,188,656 133,591,415
Year 3 121,913,132 0
Year 4 0 134,038,225
Year 5 128,174,669 $ 297,723,546
Year 6 $ 147,836,182  
Commercial Real Estate Portfolio Segment | Risk rating, 4    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 6 6
Outstanding Principal $ 112,179,473 $ 109,281,497
Year 1 0 0
Year 2 0 0
Year 3 0 0
Year 4 0 73,034,316
Year 5 38,806,164 $ 34,009,099
Year 6 $ 71,851,879  
Commercial Real Estate Portfolio Segment | Risk rating, 5    
Financing Receivable, Credit Quality Indicator [Line Items]    
Number of Loans | mortgageLoan 6 8
Outstanding Principal $ 98,083,714 $ 117,382,078
Year 1 0 0
Year 2 0 0
Year 3 0 0
Year 4 0 84,542,855
Year 5 47,746,040 $ 13,666,721
Year 6 $ 32,736,721  
[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.