DERIVATIVE INSTRUMENTS HEDGING AND NON-HEDGING ACTIVITIES (Details 6) (USD $)	1 Months Ended	3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2013
Interest rate:
Change in fair value of Linked Transactions included in earnings	$ (5,333)	$ 11,136,853	$ 11,065,533
Amount of unrealized appreciation (depreciation)	(234,130)	7,620,892	7,099,900
Total	(239,463)	18,757,745	18,165,433
Interest Rate Swap [Member]
Interest rate:
Change in fair value of Linked Transactions included in earnings	0	11,231,520	11,176,200
Amount of unrealized appreciation (depreciation)	(231,609)	6,582,257	6,054,728
Total	(231,609)	17,813,777	17,230,928
Swaptions [Member]
Interest rate:
Change in fair value of Linked Transactions included in earnings	(5,333)	(94,667)	(110,667)
Amount of unrealized appreciation (depreciation)	(2,521)	1,038,635	1,045,172
Total	(7,854)	943,968	934,505
TBAs [Member]
Interest rate:
Change in fair value of Linked Transactions included in earnings		0
Amount of unrealized appreciation (depreciation)		0
Total		$ 0