Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Portfolio Income
Interest income	$ 16,753,000	$ 6,589,000	$ 31,367,000	$ 10,372,000
Interest expense	1,567,000	676,000	2,863,000	1,087,000
Net interest income	15,186,000	5,913,000	28,504,000	9,285,000
Realized gains (losses) on mortgage-backed securities	(1,891,000)	2,980,000	(1,923,000)	3,891,000
Unrealized gains (losses) on mortgage-backed securities	(13,324,000)	8,584,000	(7,003,000)	10,124,000
(Losses) gains on derivative instruments	(802,000)	(5,728,000)	(13,154,000)	(7,421,000)
Net portfolio income	(831,000)	11,749,000	6,424,000	15,879,000
Expenses
Management Fees	1,014,000	430,000	1,869,000	733,000
Compensation and related benefits	157,000	225,000	322,000	225,000
Directors fees and liability insurance	234,000	156,000	482,000	240,000
Audit, legal and other professional fees	173,000	172,000	333,000	245,000
Direct REIT operating expenses	46,000	44,000	88,000	88,000
Other administrative	377,000	87,000	653,000	118,000
Total expenses	2,001,000	1,114,000	3,747,000	1,649,000
Net income (loss)	$ (2,832,000)	$ 10,635,000	$ 2,677,000	$ 14,230,000
Basic and diluted net income (loss) per share
Basic	$ (0.14)	$ 1.17	$ 0.14	$ 2.01
Diluted	$ 0.14	$ 1.17	$ 0.14	$ 2.01
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	19,751,871	9,078,107	18,320,359	7,096,838
Weighted Average Number Of Diluted Shares Outstanding	19,751,871	9,078,107	18,320,359	7,096,838
Dividends Declared Per Common Share	$ 0.54	$ 0.54	$ 1.08	$ 1.08