Offsetting Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2013

Offsetting Assets and Liabilities [Abstract]

Schedule of Offsetting of Liabilities

Offsetting of Liabilities

						Net Amounts		Gross Amounts Not Offset in the
			Gross			of Liabilities		Consolidated Balance Sheet
	Gross		Amounts			Presented in
	Amounts of		Offset in the			the
	Recognized		Consolidated			Consolidated		Financial			Cash Collateral			Net
	Liabilities		Balance Sheet			Balance Sheet		Instruments			Pledged			Amount
September 30, 2013
Loan repurchase facility	$	240,477,801	$	-		$	240,477,801	$	(240,477,801	)	$	-		$	-
Securities repurchase agreements		134,062,326		-			134,062,326		(132,261,003	)		(1,801,323	)		-
TBAs		920,000		(375,469	)		544,531		-			(355,769	)		188,762
Interest rate swap agreements		270,438		(217,981	)		52,457		-			(52,457	)
Total	$	375,730,565	$	(593,450	)	$	375,137,115	$	(372,738,804	)	$	(2,209,549	)	$	188,762
December 31, 2012
Securities repurchase agreements	$	116,080,467	$	-		$	116,080,467	$	(114,745,162	)	$	(1,335,305	)	$	-
Interest rate swap agreements		1,144,744		-			1,144,744		-			(1,144,744	)		-
	$	117,225,211	$	-		$	117,225,211	$	(114,745,162	)	$	(2,480,049	)	$	-