Consolidated Statements of Operations (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Portfolio Income
Interest income	$ 14,614,000	$ 3,783,000
Interest expense	1,296,000	411,000
Net interest income	13,318,000	3,372,000
Realized gains (losses) on mortgage-backed securities	(32,000)	911,000
Unrealized gains (losses) on mortgage-backed securities	6,320,000	1,540,000
(Losses) gains on derivative instruments	(12,351,000)	(1,693,000)
Net portfolio income	7,255,000	4,130,000
Expenses
Management Fees	855,000	303,000
Compensation and related benefits	165,000	0
Directors fees and liability insurance	248,000	84,000
Audit, legal and other professional fees	160,000	73,000
Direct REIT operating expenses	42,000	45,000
Other administrative	276,000	30,000
Total expenses	1,746,000	535,000
Net income (loss)	$ 5,509,000	$ 3,595,000
Basic and diluted net income (loss) per share
Basic	$ 0.33	$ 0.71
Diluted	$ 0.33	$ 0.71
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	16,846,950	5,093,554
Weighted Average Number Of Diluted Shares Outstanding	16,846,950	5,093,554
Dividends Declared Per Common Share	$ 0.54	$ 0.54