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RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details 1) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Balance Sheet    
Net interest income $ 9,102,726us-gaap_InterestIncomeExpenseNet $ 3,347,464us-gaap_InterestIncomeExpenseNet
General and administrative fees (1,683,876)us-gaap_GeneralAndAdministrativeExpense (252,089)us-gaap_GeneralAndAdministrativeExpense
Unrealized gain (loss) on residential loans held in securitization trusts (3,356,407)oaks_UnrealizedGainOnResidentialLoansHeldInSecuritizationTrusts 0oaks_UnrealizedGainOnResidentialLoansHeldInSecuritizationTrusts
Net Income (5,130,327)us-gaap_NetIncomeLoss (2,541,274)us-gaap_NetIncomeLoss
Residential Mortgage [Member]    
Balance Sheet    
Interest income 5,891,779us-gaap_InterestAndDividendIncomeOperating
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_ResidentialMortgageMember
 
Interest expense 3,655,469us-gaap_InterestExpense
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_ResidentialMortgageMember
 
Net interest income 2,236,310us-gaap_InterestIncomeExpenseNet
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_ResidentialMortgageMember
 
General and administrative fees (241,195)us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_ResidentialMortgageMember
 
Unrealized gain (loss) on residential loans held in securitization trusts (3,356,407)oaks_UnrealizedGainOnResidentialLoansHeldInSecuritizationTrusts
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_ResidentialMortgageMember
 
Net Income $ (1,361,292)us-gaap_NetIncomeLoss
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_ResidentialMortgageMember