Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2025	Dec. 31, 2024
ASSETS:
Total mortgage-backed securities	$ 107,623,629	$ 122,348,170
Cash and cash equivalents	5,335,225	5,671,347
Restricted cash	1,248,681	1,751,399
Orchid Island Capital, Inc. common stock, at fair value	3,989,188	4,427,372
Accrued interest receivable	525,593	601,640
Property and equipment, net	1,809,440	1,845,014
Deferred tax assets, net	15,743,570	15,930,953
Other assets	1,123,524	1,110,366
Total Assets	138,747,535	154,853,657
LIABILITIES:
Repurchase agreements	101,742,000	117,180,999
Long-term debt	27,357,495	27,368,158
Accrued interest payable	279,251	474,678
Other liabilities	1,952,080	3,008,415
Total Liabilities	131,330,826	148,032,250
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 100,000 shares designated Series A Junior Preferred Stock, 9,900,000 shares undesignated; no shares issued and outstanding as of June 30, 2025 and December 31, 2024	0	0
Additional paid-in capital	329,815,150	329,815,150
Accumulated deficit	(322,408,510)	(323,003,812)
Total Stockholders’ Equity	7,416,709	6,821,407
Total Liabilities and Stockholders' Equity	138,747,535	154,853,657
Common Class A [Member]
STOCKHOLDERS' EQUITY:
Common stock	10,005	10,005
Common Class B [Member]
STOCKHOLDERS' EQUITY:
Common stock	32	32
Common Class C [Member]
STOCKHOLDERS' EQUITY:
Common stock	32	32
Related Party [Member]
ASSETS:
Due from affiliates	1,348,685	1,167,396
Asset Pledged as Collateral [Member]
ASSETS:
Total mortgage-backed securities	107,286,355	122,093,172
Restricted cash	1,249,000	1,751,000
Accrued interest receivable	523,000	599,000
Total Assets	109,058,000	124,443,000
Asset Not Pledged as Collateral [Member]
ASSETS:
Total mortgage-backed securities	$ 337,274	$ 254,998