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v3.26.1

RELATED PARTY TRANSACTIONS (Details) | 3 Months Ended
--- | ---
Mar. 31, 2026 USD ($) contract | Mar. 31, 2025 USD ($)
Related Party Transaction [Line Items] |  |
Annual management fee (percentage) | 1.50% |
Quarterly management fee percentage (as a percent) | 0.375% |
Reimbursable expenses | $ 466,431 | $ 404,620
Waived exit fees (percent) | 1.00% |
Affiliated Entity |  |
Related Party Transaction [Line Items] |  |
Management fee expense | $ 1,095,000 | 1,113,314
Management and incentive fees | 1,095,000 | 1,110,000
Incentive fee expense | 0 | 453,222
Reimbursable expenses | 466,431 | 404,620
Reimbursable expenses payable | $ 466,431 | $ 459,151
Reduction to reimbursable expenses as a percentage of exit fees waived (percent) | 50.00% | 50.00%
Reimbursable expenses waived | $ 60,000 | $ 71,698
Reimbursable expense reduction | $ 30,000 | 35,849
Hunt Investment Management, LLC | Affiliated Entity |  |
Related Party Transaction [Line Items] |  |
Quarterly incentive fee percentage (as a percent) | 20.00% |
Hurdle rate percentage (as a percent) | 8.00% |
Length of renewal terms | 1 year |
Lument Structured Finance | Affiliated Entity | LFT CRE 2021-FL1, Ltd. | Loan Purchase One |  |
Related Party Transaction [Line Items] |  |
Number of loans purchased | contract | 2 |
Unpaid principal balance | $ 46,800,000 |
Lument Structured Finance | Affiliated Entity | LFT CRE 2021-FL1, Ltd. | Loan Purchase Two |  |
Related Party Transaction [Line Items] |  |
Number of loans purchased | contract | 1 |
Unpaid principal balance | $ 1,100,000 |
Payments to acquire finance receivables, discount | $ 100,000 |
Lument Structured Finance | Affiliated Entity | LFT CRE 2021-FL1, Ltd. | Loan Purchase Three |  |
Related Party Transaction [Line Items] |  |
Number of loans purchased | contract | 1 |
Unpaid principal balance | $ 200,000 |
Lument Real Estate Capital, LLC |  |
Related Party Transaction [Line Items] |  |
Servicing and special servicing fees | $ 103,557 | $ 142,195

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