Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 400,358	$ 617,244
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Realized and unrealized gains on mortgage-backed securities	(70,765)	(99,326)
Changes in operating assets and liabilities
Accrued interest receivable	(999,530)	(39,022)
Prepaid expenses and other assets	(236,305)	(19,901)
Accrued interest payable	9,965	17,577
Accounts payable, accrued expenses and other	(2,132)	(1)
Due (from) to affiliates	(30,269)	85,771
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES	(928,678)	562,342
From mortgage-backed securities investments
Purchases	(308,658,763)	(32,786,281)
Sales	57,755,882	891,456
Principal repayments	6,092,947	2,826,558
Increase in restricted cash	(1,582,250)	(933,000)
NET CASH USED IN INVESTING ACTIVITIES	(246,392,184)	(30,001,267)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from repurchase agreements	678,889,088	98,482,564
Principal payments on repurchase agreements	(466,384,393)	(68,819,108)
Cash dividend	(451,124)	0
Proceeds from issuance of common stock	35,400,000	0
NET CASH PROVIDED BY FINANCING ACTIVITIES	247,453,571	29,663,456
NET INCREASE IN CASH AND CASH EQUIVALENTS	132,709	224,531
CASH AND CASH EQUIVALENTS, beginning of the period	2,537,257	1,891,914
CASH AND CASH EQUIVALENTS, end of the period	2,669,966	2,116,445
Cash paid during the period for:
Interest	$ 191,455	$ 33,090