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Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 317,309,757 $ 109,604,559
Unpledged 21,838,156 5,775,015
Total mortgage-backed securities 339,147,913 115,379,574
Cash and cash equivalents 6,317,577 2,537,257
Restricted cash 8,906,250 449,000
Accrued interest receivable 1,384,699 440,877
Due from affiliates 0 45,126
Prepaid expenses and other assets 391,746 9,122
Total Assets 356,148,185 118,860,956
Liabilities    
Repurchase agreements 308,735,338 103,941,174
Accrued interest payable 55,843 54,084
Due to affiliates 73,382 0
Accounts payable, accrued expenses and other 108,940 140,723
Total Liabilities 308,973,503 104,135,981
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 33,417 1,541
Additional paid in capital 48,973,084 15,409,459
Accumulated deficit (1,831,819) (686,025)
Total Stockholders Equity 47,174,682 14,724,975
Total Liabilities and Stockholders Equity $ 356,148,185 $ 118,860,956