Consolidated Balance Sheets (USD $)	Mar. 31, 2013	Dec. 31, 2012
Mortgage-backed securities, at fair value
Pledged to counterparties	$ 333,373,629	$ 109,604,559
Unpledged	26,886,644	5,775,015
Total mortgage-backed securities	360,260,273	115,379,574
Cash and cash equivalents	2,669,966	2,537,257
Restricted cash	2,031,250	449,000
Accrued interest receivable	1,440,407	440,877
Prepaid expenses and other assets	245,427	9,122
Due from affiliates	75,395	45,126
Total Assets	366,722,718	118,860,956
Liabilities
Repurchase agreements	316,445,869	103,941,174
Accrued interest payable	64,049	54,084
Accounts payable, accrued expenses and other	138,591	140,723
Total Liabilities	316,648,509	104,135,981
Stockholders' Equity
Common Stock, $0.01 par value	33,417	1,541
Preferred stock, $0.01 par value	0	0
Additional paid in capital	50,326,459	15,409,459
Accumulated deficit	(285,667)	(686,025)
Total Stockholders Equity	50,074,209	14,724,975
Total Liabilities and Stockholders Equity	$ 366,722,718	$ 118,860,956