v3.26.1
USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Condensed Consolidated Statement of Operations (Details) - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Variable Interest Entity [Line Items]    
Net interest income $ 25,113,203 $ 41,356,609
(Provision for) credit losses 14,390,928 5,275,122
Depreciation and amortization from real estate owned operations (779,260) 0
General and administrative fees (3,947,859) (4,398,409)
Net (loss) income (2,745,309) 22,649,190
2021-FL1 CLO, LMF 2023-1 And 2025-FL3 CLO    
Variable Interest Entity [Line Items]    
Interest income 67,452,892  
Interest expense (47,577,230)  
Net interest income 19,875,662  
(Provision for) credit losses (11,337,395)  
Net income from real estate owned operations 175,657  
Depreciation and amortization from real estate owned operations (626,522)  
General and administrative fees (622,974)  
Net (loss) income $ 7,464,428  
2021-FL1 CLO And LMF 2023-1    
Variable Interest Entity [Line Items]    
Interest income   112,323,619
Interest expense   (77,002,847)
Net interest income   35,320,772
(Provision for) credit losses   (5,261,214)
Net income from real estate owned operations   0
Depreciation and amortization from real estate owned operations   0
General and administrative fees   (912,755)
Net (loss) income   $ 29,146,803