Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
Assets
Cash	$ 27,619,043	$ 57,060,806
Restricted cash	8,144,052	2,128,236
Mortgage loans, at fair value - $433,299,627 and $331,522,165 pledged as collateral, respectively	433,553,720	331,785,542
Real estate securities, at fair value - $197,404,343 and $183,722,511 pledged as collateral, respectively	227,293,536	226,155,221
Other investment securities, at fair value, $12,034,003 and $0 pledged as collateral, respectively	12,034,003
Derivative assets, at fair value	368,136	284,454
Other assets	4,148,627	2,666,799
Total assets	713,161,117	620,081,058
Liabilities
Loan repurchase facility	293,609,481	236,058,976
Securities repurchase agreements	156,343,944	138,591,678
Exchangeable Senior Notes	54,995,215	54,539,051
Derivative liabilities, at fair value	1,550,129	1,471,607
Dividends and distributions payable	3,559,120	8,452,910
Accounts payable and other liabilities	2,547,654	1,828,947
Accrued interest payable	1,550,258	1,369,327
Total liabilities	514,155,801	442,312,496
Commitments and Contingencies (Note 14)
Stockholders' equity
12.5% Series A cumulative non-voting preferred stock, $0.0001 par value; 50,000,000 shares authorized; zero shares issued and outstanding
Common stock, $0.0001 par value; 500,000,000 shares authorized; 7,970,886 shares issued and outstanding	798	798
Additional paid-in capital	164,207,617	164,207,617
Retained earnings (accumulated deficit)	14,062,821	(4,958,607)
Total ZAIS Financial Corp. stockholders' equity	178,271,236	159,249,808
Non-controlling interests in operating partnership	20,734,080	18,518,754
Total stockholders' equity	199,005,316	177,768,562
Total liabilities and stockholders' equity	$ 713,161,117	$ 620,081,058