Securities Repurchase Agreements (Tables) (Securities Sold under Agreements to Repurchase [Member])

6 Months Ended

Jun. 30, 2014

Securities Sold under Agreements to Repurchase [Member]

Schedule of Information Regarding Repurchase Agreements

The following table presents certain information regarding the Company's securities repurchase agreements at June 30, 2014 and December 31, 2013 by remaining maturity and collateral type:

	June 30, 2014								December 31, 2013
	Non-Agency RMBS				Other Investment Securities				Non-Agency RMBS
			Weighted				Weighted				Weighted
	Balance		Average Rate		Balance		Average Rate		Balance		Average Rate
Securities repurchase
agreements maturing
within
30 days or less	$	81,648,945	1.79	%	$	8,360,999	1.75	%	$	121,913,678	1.90	%
31-60 days		5,858,000	1.77			-	-			6,415,000	1.84
61-90 days		19,862,000	1.83			-	-			10,263,000	1.85
Greater than 90 days		40,614,000	1.73			-	-			-	-
Total/weighted average	$	147,982,945	1.78	%	$	8,360,999	1.75	%	$	138,591,678	1.89	%

Schedule of Information Regarding Posting of Collateral

The following table presents information with respect to the Company's posting of collateral under its securities repurchase agreements at June 30, 2014 and December 31, 2013:

	June 30, 2014		December 31, 2013
Securities repurchase agreements secured by non-Agency RMBS	$	147,982,945	$	138,591,678
Securities repurchase agreements secured by Other Investment Securities		8,360,999		-
Fair value of non-Agency RMBS pledged as collateral		197,404,343		183,722,511
Fair value of Other Investment Securities pledged as collateral		12,034,003		-
Fair value of non-Agency RMBS not pledged as collateral		29,889,193		42,432,710
Cash pledged as collateral		2,531,630		1,360,528