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Mortgage Loans (Schedule of Fair Value, Principal Balance and Weighted Average Coupon and Yield) (Details) (Mortgage Receivable [Member], USD $)
6 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 489,964,409 $ 398,828,497
Premium (Discount) (86,197,696) (74,179,437)
Amortized Cost 403,766,713 324,649,060
Gross Unrealized    
Gains 35,129,167 [1] 13,386,924 [2]
Losses (5,342,160) [1] (6,250,442) [2]
Fair Value 433,553,720 331,785,542
Weighted Average Coupon 4.25% 4.24%
Weighted Average Yield 7.03% [3] 6.91% [3]
Fixed [Member]
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 282,361,337 212,701,494
Premium (Discount) (54,730,082) (43,530,581)
Amortized Cost 227,631,255 169,170,913
Gross Unrealized    
Gains 24,102,606 [1] 7,842,598 [2]
Losses (1,640,726) [1] (3,558,171) [2]
Fair Value 250,093,135 173,455,340
Weighted Average Coupon 4.51% 4.56%
Weighted Average Yield 7.03% [3] 7.05% [3]
ARM [Member]
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 176,654,287 170,178,466
Premium (Discount) (23,903,555) (25,617,563)
Amortized Cost 152,750,732 144,560,903
Gross Unrealized    
Gains 10,012,628 [1] 5,088,302 [2]
Losses (830,771) [1] (1,556,430) [2]
Fair Value 161,932,589 148,092,775
Weighted Average Coupon 3.68% 3.76%
Weighted Average Yield 6.94% [3] 6.67% [3]
Performing Loans [Member]
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 459,015,624 382,879,960
Premium (Discount) (78,633,637) (69,148,144)
Amortized Cost 380,381,987 313,731,816
Gross Unrealized    
Gains 34,115,234 [1] 12,930,900 [2]
Losses (2,471,497) [1] (5,114,601) [2]
Fair Value 412,025,724 321,548,115
Weighted Average Coupon 4.19% 4.20%
Weighted Average Yield 7.00% [3] 6.88% [3]
Nonperforming Loans [Member]
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 30,948,785 [4] 15,948,537 [4]
Premium (Discount) (7,564,059) [4] (5,031,293) [4]
Amortized Cost 23,384,726 [4] 10,917,244 [4]
Gross Unrealized    
Gains 1,013,933 [1],[4] 456,024 [2],[4]
Losses (2,870,663) [1],[4] (1,135,841) [2],[4]
Fair Value $ 21,527,996 [4] $ 10,237,427 [4]
Weighted Average Coupon 5.09% [4] 5.06% [4]
Weighted Average Yield 7.65% [3],[4] 8.03% [3],[4]
[1] The Company has elected the fair value option pursuant to ASC 825 for its mortgage loans. The Company recorded a gain of $22.0 million and a gain of $1.6 million for the three months ended June 30, 2014 and June 30, 2013, respectively, and $22.7 million and $1.6 million for the six months ended June 30, 2014 and June 30, 2013, respectively, as change in unrealized gain or loss on mortgage loans in the consolidated statements of operations.
[2] The Company has elected the fair value option pursuant to ASC 825 for its mortgage loans.
[3] Unleveraged yield.
[4] Loans that are delinquent for 60 days or more are considered non-performing.