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COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Summary of Commercial Loan Risk Ratings (Details) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2026 USD ($) mortgageLoan | Dec. 31, 2025 USD ($) mortgageLoan
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |
Outstanding Principal | [1] | $ 1,127,604,965 | $ 1,136,706,113
Commercial Real Estate Portfolio Segment |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |
Number of Loans | mortgageLoan |  | 57 | 61
Outstanding Principal |  | $ 1,130,899,067 | $ 1,140,268,217
Year 1 |  | 273,541,018 | 226,627,703
Year 2 |  | 163,339,980 | 182,030,271
Year 3 |  | 0 | 0
Year 4 |  | 353,395,155 | 359,990,652
Year 5 |  | $ 317,784,909 | $ 345,399,366
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 | 0
Year 3 |  | 0 | 0
Year 4 |  | 0 | 0
Year 5 |  | $ 0 | $ 0
Commercial Real Estate Portfolio Segment | Risk rating, 2 |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |
Number of Loans | mortgageLoan |  | 13 | 9
Outstanding Principal |  | $ 255,595,193 | $ 161,089,912
Year 1 |  | 87,627,492 | 43,904,254
Year 2 |  | 78,808,172 | 48,438,856
Year 3 |  | 0 | 0
Year 4 |  | 88,760,135 | 68,375,256
Year 5 |  | $ 0 | $ 0
Commercial Real Estate Portfolio Segment | Risk rating, 3 |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |
Number of Loans | mortgageLoan |  | 29 | 38
Outstanding Principal |  | $ 598,294,755 | $ 752,514,730
Year 1 |  | 185,913,526 | 182,723,449
Year 2 |  | 84,531,808 | 133,591,415
Year 3 |  | 0 | 0
Year 4 |  | 114,219,412 | 134,038,225
Year 5 |  | $ 210,489,628 | $ 297,723,546
Commercial Real Estate Portfolio Segment | Risk rating, 4 |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |
Number of Loans | mortgageLoan |  | 8 | 6
Outstanding Principal |  | $ 169,076,610 | $ 109,281,497
Year 1 |  | 0 | 0
Year 2 |  | 0 | 0
Year 3 |  | 0 | 0
Year 4 |  | 73,374,274 | 73,034,316
Year 5 |  | $ 93,628,560 | $ 34,009,099
Commercial Real Estate Portfolio Segment | Risk rating, 5 |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |
Number of Loans | mortgageLoan |  | 7 | 8
Outstanding Principal |  | $ 107,932,509 | $ 117,382,078
Year 1 |  | 0 | 0
Year 2 |  | 0 | 0
Year 3 |  | 0 | 0
Year 4 |  | 77,041,334 | 84,542,855
Year 5 |  | $ 13,666,721 | $ 13,666,721
[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 March 31, 2026 and December 31, 2025, assets of consolidated VIEs totaled $666,553,315 and $889,507,091, respectively and the liabilities of consolidated VIEs totaled $581,030,250 and $750,274,556 respectively. See Note 4 for further discussion.

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