Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Interest Income Recognition and Impairment
Realized loss on other-than-temporary impairments	$ 1,068,845		$ 1,108,024	$ 215,345
Offering Costs
Deferred offering costs	1,200,000		1,200,000
Loan Repurchase Facility [Member]
Line of Credit Facility [Line Items]
Maximum amount of facility	$ 250,000,000		$ 250,000,000
ZAIS Financial Partners, LP. [Member]
Noncontrolling Interest [Line Items]
Equity interest held	89.60%		89.60%