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Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Portfolio Income    
Interest income $ 3,782,622 $ 1,413,258
Interest expense 410,843 201,420
Net interest income 3,371,779 1,211,838
Realized losses on mortgage-backed securities 911,318 99,925
Unrealized losses on mortgage-backed securities 1,539,988 (29,160)
Gains (losses) on derivative instruments (1,693,292) (483,925)
Net portfolio income 4,129,793 798,678
Expenses    
Management Fees 302,800 125,100
Directors fees and liability insurance 84,251 41,462
Audit, legal and other professional fees 73,011 144,150
Direct REIT operating expenses 44,820 64,384
Other administrative 29,647 23,224
Total expenses 534,529 398,320
Net (loss) income $ 3,595,264 $ 400,358
Basic and diluted net (loss) income per share    
Basic $ 0.71 $ 0.2
Diluted $ 0.71 $ 0.2
Weighted Average Shares Outstanding    
Weighted Average Number Of Basic Shares Outstanding 5,093,554 2,004,332
Weighted Average Number Of Diluted Shares Outstanding 5,093,554 2,004,332
Dividends Declared Per Common Share $ 0.54 $ 0.135