Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 213,108	$ 1,005,473
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation	19,123	19,122
Deferred income tax provision	396,776	339,609
Changes in operating assets and liabilities:
Accrued interest receivable	19,604	4,316
Due from affiliates	123,796	(98,544)
Other assets	(223,219)	(144,254)
Accrued interest payable	116,238	7,396
Other liabilities	(1,933,936)	(2,208,730)
NET CASH USED IN OPERATING ACTIVITIES	(1,024,206)	(1,864,615)
CASH FLOWS FROM INVESTING ACTIVITIES:
NET CASH PROVIDED BY INVESTING ACTIVITIES	3,538,690	911,623
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from repurchase agreements	177,010,000	102,283,000
Principal repayments on repurchase agreements	(179,318,000)	(103,009,000)
Principal repayments on long-term debt	(6,153)	(5,965)
NET CASH USED IN FINANCING ACTIVITIES	(2,314,153)	(731,965)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	200,331	(1,684,957)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of the period	4,470,286	6,773,799
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of the period	4,670,617	5,088,842
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest expense	1,699,440	1,046,809
Orchid Island Capital [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Unrealized losses (gains) on investments	(284,534)	(130,884)
Collateralized Mortgage-Backed Securities [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Unrealized losses (gains) on investments	528,838	(658,119)
CASH FLOWS FROM INVESTING ACTIVITIES:
Principal repayments	$ 3,538,690	$ 911,623