Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Portfolio Income
Interest income	$ 6,589,305	$ 2,428,699	$ 10,371,927	$ 3,841,957
Interest expense	675,668	321,886	1,086,511	523,306
Net interest income	5,913,637	2,106,813	9,285,416	3,318,651
Realized gains (losses) on mortgage-backed securities	2,980,121	(923,454)	3,891,439	(823,530)
Unrealized gains (losses) on mortgage-backed securities	8,583,978	(9,129,622)	10,123,966	(9,158,782)
(Losses) gains on derivative instruments	(5,728,196)	6,851,588	(7,421,488)	6,367,663
Net portfolio income	11,749,540	(1,094,675)	15,879,333	(295,998)
Expenses
Management Fees	429,700	185,100	732,500	310,200
Compensation and related benefits	225,000	0	225,000	0
Directors fees and liability insurance	156,034	82,924	240,286	124,385
Audit, legal and other professional fees	172,427	106,338	245,438	250,487
Direct REIT operating expenses	43,565	36,243	88,385	100,627
Other administrative	87,873	40,872	117,520	64,097
Total expenses	1,114,599	451,477	1,649,129	849,796
Net income (loss)	$ 10,634,941	$ (1,546,152)	$ 14,230,204	$ (1,145,794)
Basic and diluted net income (loss) per share
Basic	$ 1.17	$ (0.46)	$ 2.01	$ (0.43)
Diluted	$ 1.17	$ (0.46)	$ 2.01	$ (0.43)
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	9,078,107	3,341,665	7,096,838	2,676,693
Weighted Average Number Of Diluted Shares Outstanding	9,078,107	3,341,665	7,096,838	2,676,693
Dividends Declared Per Common Share	$ 0.54	$ 0.405	$ 1.08	$ 0.54