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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 335,774,980 $ 109,604,559
Unpledged 15,447,532 5,775,015
Total mortgage-backed securities 351,222,512 115,379,574
Cash and cash equivalents 8,169,402 2,537,257
Restricted cash 2,445,625 449,000
Accrued interest receivable 1,559,437 440,877
Due from affiliates 0 45,126
Prepaid expenses and other assets 179,071 9,122
Total Assets 363,576,047 118,860,956
LIABILITIES:    
Repurchase agreements 318,557,054 103,941,174
Accrued interest payable 91,461 54,084
Due to affiliates 81,925 0
Accounts payable, accrued expenses and other 80,260 140,723
Total Liabilities 318,810,700 104,135,981
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 33,417 1,541
Additional paid-in capital 46,115,961 15,409,459
Accumulated deficit (1,384,031) (686,025)
Total Stockholders' Equity 44,765,347 14,724,975
Total Liabilities and Stockholders' Equity $ 363,576,047 $ 118,860,956