XML 76 R63.htm IDEA: XBRL DOCUMENT 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