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Mortgage Loans Held for Investment, at Fair Value (Schedule of Concentrations of Credit Risk) (Details) (Mortgage Loans [Member])
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Loans with Unpaid Principal Balance in Excess of Fair Value of Collateral [Member]
   
Concentration Risk [Line Items]    
Concentration risk, percentage 55.70%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= zfc_LoansWithUnpaidPrincipalBalanceInExcessOfFairValueOfCollateralMember
73.60%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= zfc_LoansWithUnpaidPrincipalBalanceInExcessOfFairValueOfCollateralMember
Geographic Concentration Risk [Member] | California [Member]
   
Concentration Risk [Line Items]    
Concentration risk, percentage 26.20%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_CA
25.60%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_CA
Geographic Concentration Risk [Member] | Florida [Member]
   
Concentration Risk [Line Items]    
Concentration risk, percentage 16.60%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_FL
17.80%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_FL
Geographic Concentration Risk [Member] | Georgia [Member]
   
Concentration Risk [Line Items]    
Concentration risk, percentage 5.70%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_GA
6.80%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_GA
Geographic Concentration Risk [Member] | New York [Member]
   
Concentration Risk [Line Items]    
Concentration risk, percentage 5.10%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_MortgageReceivablesMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_GeographicConcentrationRiskMember
/ us-gaap_StatementGeographicalAxis
= stpr_NY