Consolidated Balance Sheets (USD $)	Jun. 30, 2013	Dec. 31, 2012
Assets
Cash	$ 21,174,544	$ 19,061,110
Restricted cash	12,545,944	3,768,151
Real estate securities, at fair value - $364,386,699 and $133,538,998 pledged as collateral, respectively	444,536,696	170,671,683
Mortgage loans, at fair value - $120,517,248 and $ - pledged as collateral, respectively	120,783,425
Derivative assets, at fair value	7,169,531
Other assets	1,648,040	1,345,665
Receivable for real estate securities sold		6,801,398
Total assets	607,858,180	201,648,007
Liabilities
Repurchase agreements	308,497,415	116,080,467
Loan repurchase facility	89,112,325
Payable for real estate securities purchased	20,607,149	6,195,767
Derivative liabilities, at fair value	5,069,472	1,144,744
Dividends and distributions payable	4,004,010
Accounts payable and other liabilities	2,609,191	1,820,581
Accrued interest payable	436,893	74,966
Common stock repurchase liability		11,190,687
Total liabilities	430,336,455	136,507,212
Commitments and contingencies (Note 13)
Stockholders' equity
12.5% Series A cumulative non-voting preferred stock, $0.0001 par value; 50,000,000 shares authorized; zero shares and 133 shares issued and outstanding, respectively
Common stock $0.0001 par value; 500,000,000 shares authorized; 7,970,886 shares issued and 7,970,886 shares outstanding, and 2,586,131, shares issued and 2,071,096 shares outstanding, respectively	798	207
Additional paid-in capital	164,207,617	39,759,770
(Accumulated deficit)/retained earnings	(5,179,730)	5,281,941
Total ZAIS Financial Corp. stockholders' equity	159,028,685	45,041,918
Non-controlling interests in operating partnership	18,493,040	20,098,877
Total stockholders' equity	177,521,725	65,140,795
Total liabilities and stockholders' equity	$ 607,858,180	$ 201,648,007