Consolidated Statements of Operations (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Portfolio Income
Interest income	$ 1,413,258	$ 758,757
Interest expense	201,420	50,667
Net interest income	1,211,838	708,090
Unrealized (losses) gains on mortgage-backed securities	(29,160)	114,335
Realized gains (losses) on mortgage-backed securities	99,925	(15,009)
Losses on Eurodollar futures contracts	(483,925)	(24,000)
Net portfolio income	798,678	783,416
Expenses
Directors fees and liability insurance	41,462	0
Audit, legal and other professional fees	144,150	35,736
Direct REIT operating expenses	64,384	50,006
Other administrative	23,224	21,430
Management Fees	125,100	59,000
Total expenses	398,320	166,172
Net income	$ 400,358	$ 617,244
Basic and diluted net income per share
Basic	$ 0.20	$ 0.63
Diluted	$ 0.20	$ 0.63
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	2,004,332	981,665
Weighted Average Number Of Diluted Shares Outstanding	2,004,332	981,665
Dividends Declared Amount Per Share [Abstract]
Dividends Declared Per Common Share	$ 0.135	$ 0