v3.26.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
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, liquidation preference, value $ 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) 52,399,265 52,309,209
Common stock, shares outstanding (in shares) 52,399,265 52,309,209
Assets [1] $ 1,215,980,159 $ 1,128,594,378
Liabilities [1] 996,893,441 890,695,346
Hunt CRE 2017-FL1, Ltd. and Hunt CRE 2018-FL2, Ltd.    
Variable Interest Entity [Line Items]    
Assets   1,058,138,406
Liabilities   $ 831,001,605
LMF 2023-1 And LMNT 2025-FL3 CLO    
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 December 31, 2025 and December 31, 2024, assets of the consolidated VIEs totaled $889,507,091 and $1,058,138,406, respectively, and the liabilities of consolidated VIEs totaled $750,274,556 and $831,001,605, respectively. See Note 4 for further discussion.