Real Estate Securities and Other Investment Securities (Schedule of Information Regarding Real Estate Securities) (Details) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2014		Dec. 31, 2013
Alternative - A [Member]
Investment Holdings [Line Items]
Principal or Notional Balance	$ 156,601,029	[1]	$ 160,590,487	[2]
Premium (Discount)	(72,068,376)	[1]	(80,206,745)	[2]
Amortized Cost	84,532,653	[1]	80,383,742	[2]
Gross Unrealized
Gains	3,650,686	[1],[3]	2,414,864	[2],[4]
Losses	(225,966)	[1],[3]	(1,112,077)	[2],[4]
Fair Value	87,957,373	[1]	81,686,529	[2]
Weighted Average Coupon	4.13%	[1]	4.26%	[2]
Weighted Average Yield	7.41%	[1],[5]	6.77%	[2],[5]
Pay Option Adjustable Rate [Member]
Investment Holdings [Line Items]
Principal or Notional Balance	33,037,784		34,374,028
Premium (Discount)	(6,243,093)		(7,057,026)
Amortized Cost	26,794,691		27,317,002
Gross Unrealized
Gains	771,606	[3]	464,756	[4]
Losses	(119,889)	[3]	(345,915)	[4]
Fair Value	27,446,408		27,435,843
Weighted Average Coupon	0.73%		0.76%
Weighted Average Yield	6.92%	[5]	6.80%	[5]
Prime [Member]
Investment Holdings [Line Items]
Principal or Notional Balance	101,800,879		109,136,108
Premium (Discount)	(12,419,696)		(13,590,489)
Amortized Cost	89,381,183		95,545,619
Gross Unrealized
Gains	4,482,363	[3]	3,751,248	[4]
Losses	(45,929)	[3]	(767,825)	[4]
Fair Value	93,817,617		98,529,042
Weighted Average Coupon	4.68%		4.77%
Weighted Average Yield	6.73%	[5]	6.45%	[5]
Subprime [Member]
Investment Holdings [Line Items]
Principal or Notional Balance	19,137,835		20,140,974
Premium (Discount)	(1,499,380)		(1,894,417)
Amortized Cost	17,638,455		18,246,557
Gross Unrealized
Gains	563,759	[3]	536,407	[4]
Losses	(130,076)	[3]	(279,157)	[4]
Fair Value	18,072,138		18,503,807
Weighted Average Coupon	1.07%		1.07%
Weighted Average Yield	6.08%	[5]	5.97%	[5]
Total RMBS [Member]
Investment Holdings [Line Items]
Principal or Notional Balance	310,577,527		324,241,597
Premium (Discount)	(92,230,545)		(102,748,677)
Amortized Cost	218,346,982		221,492,920
Gross Unrealized
Gains	9,468,414	[3]	7,167,275	[4]
Losses	(521,860)	[3]	(2,504,974)	[4]
Fair Value	227,293,536		226,155,221
Weighted Average Coupon	3.70%		3.80%
Weighted Average Yield	6.96%	[5]	6.57%	[5]
Other Investment Securities [Member]
Investment Holdings [Line Items]
Principal or Notional Balance	10,000,000
Premium (Discount)	757,377
Amortized Cost	10,757,377	[6]
Gross Unrealized
Gains	1,276,626	[3]
Losses		[3]
Fair Value	$ 12,034,003	[6]
Weighted Average Coupon	5.40%
Weighted Average Yield	6.66%	[5],[6]

[1] Alternative - A RMBS includes an IO with a notional balance of $55.8 million.

[2] Alternative - A RMBS includes an IO with a notional balance of $64.3 million.

[3] The Company has elected the fair value option pursuant to ASC 825 for its real estate securities and Other Investment Securities. The Company recorded a gain of $1.5 million and a loss of $15.6 million for the three months ended June 30, 2014 and June 30, 2013, respectively, and a gain of $4.3 million and a loss of $14.7 for the six months ended June 30, 2014 and June 30, 2013, respectively, as change in unrealized gain or loss on real estate securities in the consolidated statements of operations. The Company also recorded a gain of $0.9 million for the three months ended June 30, 2014 and a gain of $1.3 million for the six months ended June 30, 2014 as change in unrealized gain or loss on other investment securities in the consolidated statements of operations.

[4] The Company has elected the fair value option pursuant to ASC 825 for its real estate securities.

[5] Unleveraged yield.

[6] Actual maturities of other investment securities are generally shorter than stated contractual maturities. Maturities are affected by the contractual lives of the associated mortgage collateral, periodic payments of principal, prepayments of principal and credit losses.