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Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 689,163,695 $ 335,774,980
Unpledged 58,593,805 15,447,532
Total mortgage-backed securities 747,757,500 351,222,512
Cash and cash equivalents 43,567,673 8,169,402
Restricted cash 4,096,000 2,445,625
Accrued interest receivable 2,875,420 1,559,437
Derivative asset, at fair value 1,548,521  
Due from affiliates 0 0
Other assets 292,315 179,071
Total Assets 800,137,429 363,576,047
Liabilities    
Repurchase agreements 651,246,345 318,557,054
Accrued interest payable 116,677 91,461
Due to affiliates 132,200 81,925
Payable for unsettled securities purchased 39,502,694 0
Other Liabilities 1,729,799 80,260
Total Liabilities 692,727,715 318,810,700
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 86,117 33,417
Additional paid in capital 107,323,597 46,115,961
Accumulated deficit 0 (1,384,031)
Total Stockholders Equity 107,409,714 44,765,347
Total Liabilities and Stockholders Equity $ 800,137,429 $ 363,576,047