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Consolidated Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 1,073,815,699 $ 335,774,980
Unpledged 101,716,731 15,447,532
Total mortgage-backed securities 1,175,532,430 351,222,512
Cash and cash equivalents 55,026,519 8,169,402
Restricted cash 7,781,000 2,445,625
Accrued interest receivable 5,655,306 1,559,437
Derivative asset, at fair value 3,906,100 0
Receivable for securities sold, pledged to counterparties 249,410,368 0
Other assets 3,344,623 179,071
Total Assets 1,500,656,346 363,576,047
Liabilities    
Repurchase agreements 1,255,977,886 318,557,054
Accrued interest payable 387,919 91,461
Due to affiliates 303,358 81,925
Payable for unsettled securities purchased 66,812,482 0
Other Liabilities 4,388,200 80,260
Total Liabilities 1,327,869,845 318,810,700
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 130,244 33,417
Additional paid in capital 167,585,817 46,115,961
Accumulated deficit 5,070,440 (1,384,031)
Total Stockholders Equity 172,786,501 44,765,347
Total Liabilities and Stockholders Equity $ 1,500,656,346 $ 363,576,047