THE FREMF TRUSTS (Details 1) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Statement of Operations
Net interest income	$ 9,102,726	$ 3,347,464
General and administrative fees	(1,683,876)	(252,089)
Unrealized gain (loss) on multi-family mortgage loan held in securitization trusts	2,037,112	0
Net Income	(5,130,327)	(2,541,274)
FREMF trusts [Member]
Statement of Operations
Interest income	17,635,476
Interest expense	16,135,460
Net interest income	1,500,016
General and administrative fees	(868,347)
Unrealized gain (loss) on multi-family mortgage loan held in securitization trusts	2,037,111
Net Income	$ 2,668,780