Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Portfolio Income
Interest income	$ 68,811,000	$ 31,804,000	$ 9,199,000
Interest expense	7,271,000	3,031,000	1,126,000
Net interest income	61,540,000	28,773,000	8,073,000
Realized gains (losses) on mortgage-backed securities	(1,411,000)	2,791,000	(1,198,000)
Unrealized gains (losses) on mortgage-backed securities	(28,274,000)	11,368,000	(10,733,000)
(Losses) gains on derivative instruments	(22,890,000)	(13,925,000)	4,828,000
Net portfolio income	8,965,000	29,007,000	970,000
Expenses
Management Fees	3,978,000	2,013,000	664,000
Allocated Overhead	1,064,000	390,000	14,000
Compensation and related benefits	646,000	500,000	0
Directors fees and liability insurance	983,000	569,000	290,000
Audit, legal and other professional fees	706,000	588,000	420,000
Direct REIT operating expenses	241,000	182,000	164,000
Other administrative	276,000	246,000	116,000
Total expenses	7,894,000	4,488,000	1,668,000
Net income (loss)	$ 1,071,000	$ 24,519,000	$ (698,000)
Basic and diluted net income (loss) per share
Basic	$ 0.05	$ 2.48	$ (0.23)
Diluted	$ 0.05	$ 2.48	$ (0.23)
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	20,266,706	9,890,058	3,011,912
Weighted Average Number Of Diluted Shares Outstanding	20,266,706	9,890,058	3,011,912