v3.26.1
SUBSEQUENT EVENTS (Details)
Sep. 09, 2026
shares
Jun. 30, 2026
USD ($)
shares
Dec. 31, 2025
USD ($)
shares
Subsequent Event [Line Items]      
Commercial mortgage loans held-for-investment, net of allowance for credit losses | $ [1]   $ 991,664,826 $ 1,114,047,992
Common stock, shares outstanding (in shares) | shares   52,486,129 52,399,265
Common stock, shares issued (in shares) | shares   52,486,129 52,399,265
Forecast      
Subsequent Event [Line Items]      
Reverse stock split 0.1    
Common stock, shares outstanding (in shares) | shares 5,200,000    
Common stock, shares issued (in shares) | shares 5,200,000    
Fractional shares issued in reverse stock split (in shares) | shares 0    
Commercial Real Estate Portfolio Segment      
Subsequent Event [Line Items]      
Commercial mortgage loans held-for-investment, net of allowance for credit losses | $   $ 991,664,826 $ 1,114,047,992
Multifamily | Commercial Real Estate Portfolio Segment      
Subsequent Event [Line Items]      
Commercial loans, specific allowance | $   17,400,000 $ 17,600,000
Dallas, TX | Multifamily | Commercial Real Estate Portfolio Segment | Risk rating, 5      
Subsequent Event [Line Items]      
Commercial mortgage loans held-for-investment, net of allowance for credit losses | $   21,900,000  
Commercial loans, specific allowance | $   $ 2,800,000  
[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.