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Consolidated Balance Sheets (Parenthetical) (USD $)
Jun. 30, 2013
Dec. 31, 2012
Consolidated Balance Sheets [Abstract]    
Real estate securities, pledged as collateral $ 364,386,699 $ 133,538,998
Mortgage loans, pledged as collateral $ 120,517,248   
12.5% Series A cumulative non-voting preferred stock, par or stated value per share $ 0.0001 $ 0.0001
12.5% Series A cumulative non-voting preferred stock, shares authorized 50,000,000 50,000,000
12.5% Series A cumulative non-voting preferred stock, shares issued 0 133
12.5% Series A cumulative non-voting preferred stock, shares outstanding 0 133
Common stock, par value per share $ 0.0001 $ 0.0001
Common stock, shares authorized 500,000,000 500,000,000
Common stock, shares issued 7,970,886 2,586,131
Common stock, shares outstanding 7,970,886 2,071,096