Related Party Transactions (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]
Advisory fee - related party	$ 702,755	$ 488,385
ZAIS REIT Management, LLC [Member]
Related Party Transaction [Line Items]
Advisory fee, rate	1.50%
Advisory fee - related party	700,000	500,000
Advisory fees due to related party	$ 700,000