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Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 277,982,323 $ 109,604,559
Unpledged 53,804,610 5,775,015
Total mortgage-backed securities 331,786,933 115,379,574
Cash and cash equivalents 7,900,956 2,537,257
Restricted cash 2,580,875 449,000
Accrued interest receivable 1,388,496 440,877
Due from affiliates 0 45,126
Receivable for securities sold, pledged to counterparties 41,150,840 0
Prepaid expenses and other assets 671,733 9,122
Total Assets 385,479,833 118,860,956
Liabilities    
Repurchase agreements 301,656,523 103,941,174
Accrued interest payable 77,697 54,084
Due to affiliates 79,878 0
Payable for unsettled securities purchased 38,720,351 0
Accounts payable, accrued expenses and other 121,183 140,723
Total Liabilities 340,655,632 104,135,981
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 33,417 1,541
Additional paid in capital 47,619,710 15,409,459
Accumulated deficit (2,828,926) (686,025)
Total Stockholders Equity 44,824,201 14,724,975
Total Liabilities and Stockholders Equity $ 385,479,833 $ 118,860,956