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Consolidated Balance Sheets (Parenthetical) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Variable Interest Entity [Line Items]    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 50,000,000 50,000,000
Preferred stock, dividend rate, percentage 7.875% 7.875%
Preferred stock, aggregate liquidation preference $ 60,000,000 $ 60,000,000
Preferred stock, shares issued (in shares) 2,400,000 2,400,000
Preferred stock, shares outstanding (in shares) 2,400,000 2,400,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 450,000,000 450,000,000
Common stock, shares issued (in shares) 52,439,463 52,399,265
Common stock, shares outstanding (in shares) 52,439,463 52,399,265
Assets [1] $ 1,204,817,864 $ 1,215,980,159
Liabilities [1] 988,754,601 996,893,441
LMNT 2025-FL3 CLO    
Variable Interest Entity [Line Items]    
Assets 666,553,315  
Liabilities $ 581,030,250  
LMNT 2025-FL3 CLO and LMF 2023-1 Financing    
Variable Interest Entity [Line Items]    
Assets   889,507,091
Liabilities   $ 750,274,556
[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.