DERIVATIVE INSTRUMENTS HEDGING AND NON-HEDGING ACTIVITIES (Details 3) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Unamortized discount
Fair Value	$ 23,205,354	$ 8,612,753
Non Agency [Member]
Face Value	106,674,886	38,320,365
Unamortized premium	0	0
Unamortized discount
Designated credit reserve	(16,904,123)	(12,929,231)
Net, unamortized	(26,009,442)	(6,721,749)
Amortized Cost	63,761,321	18,669,385
Gross unrealized gains	2,042,807	3,950,157
Fair Value	$ 65,804,128	$ 22,619,542

This item represents the amortized cost derivative instruments not designated as hedging instruments.

No definition available.

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- Definition

This item represents the net unamortized discount derivative instruments not designated as hedging instruments amortized cost.

+ References

No definition available.

+ Details

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- Definition

This item represents the Designated credit reserve Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Unamortized discount.

+ References

No definition available.

+ Details

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- Definition

This item represents the unamortized premium derivative instruments not designated as hedging instruments amortized cost.

+ References

No definition available.

+ Details

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- Definition

This item represents the face value of Derivative Instruments Not Designated As Hedging Instruments.

+ References

No definition available.

+ Details

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- Definition

This item represents the gross unrealized gains derivative instruments not designated as hedging instruments.

+ References

No definition available.

+ Details

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- Definition

Fair value as of the balance sheet date of derivative instrument not designated as hedging instrument and classified as an asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4B

-Subparagraph (c)(2)

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959

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