RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Tables) (Residential Mortgage [Member])

3 Months Ended

Mar. 31, 2015

Residential Mortgage [Member]

Balance Sheet

Condensed Balance Sheet [Table Text Block]

The combined consolidated balance sheet of the residential mortgage loan securitization trusts at March 31, 2015 is as follows:

Balance Sheet	March 31, 2015
Assets
Residential mortgage loans held in securitization trusts	$	556,180,947
Receivables		1,844,367
Total assets	$	558,025,313
Liabilities and Equity
Residential securitized debt obligations	$	434,401,168
Payables		1,239,051
	$	435,640,220
Equity		122,385,094
Total liabilities and equity	$	558,025,314

Condensed Income Statement [Table Text Block]

The combined consolidated statement of operations of the residential mortgage loan securitization trusts at March 31, 2015 is as follows:

Statement of Operations	For the period from January 1, 2015 to March 31, 2015
Interest income	$	5,891,779
Interest expense		3,655,469
Net interest income	$	2,236,310
General and administrative fees		(241,195)
Unrealized gain (loss) on residential loans held in securitization trusts		(3,356,407)
Net Income	$	(1,361,292)

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

The geographic concentrations of credit risk exceeding 5% of the total loan balances related to the residential mortgage loan securitization trusts as of March 31, 2015:

	March 31, 2015
California		50.3	%
Washington		11.7	%
Massachussetts		7.0	%