Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Portfolio Income
Interest income	$ 2,551,199	$ 696,905	$ 6,393,156	$ 2,224,749
Interest expense	293,913	58,381	817,219	182,815
Net interest income	2,257,286	638,524	5,575,937	2,041,934
Realized (losses) gains on mortgage-backed securities	(667,182)	(336)	(1,490,712)	115,871
Unrealized (losses) gains on mortgage-backed securities	86,070	156,014	(9,072,712)	(758,405)
Gains (losses) on Eurodollar futures contracts	(2,271,875)	(14,250)	4,095,788	(39,500)
Net portfolio (loss) income	(595,701)	779,952	(891,699)	1,359,900
Expenses
Management Fees	179,500	64,600	489,700	185,000
Directors fees and liability insurance	82,924	0	207,309	0
Audit, legal and other professional fees	70,949	72,301	321,436	133,237
Other direct REIT operating expenses	36,550	49,781	137,177	149,923
Other administrative expenses	31,483	47,862	95,580	90,184
Total expenses	401,406	234,544	1,251,202	558,344
Net (loss) income	$ (997,107)	$ 545,408	$ (2,142,901)	$ 801,556
Basic and diluted net (loss) income per share
Basic	$ (0.30)	$ 0.56	$ (0.74)	$ 0.82
Diluted	$ (0.30)	$ 0.56	$ (0.74)	$ 0.82
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	3,341,665	981,665	2,900,786	981,665
Weighted Average Number Of Diluted Shares Outstanding	3,341,665	981,665	2,900,786	981,665
Dividends Declared Amount Per Share [Abstract]
Dividends Declared Per Common Share	$ 0.405	$ 0	$ 0.945	$ 0