SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	Jun. 30, 2015		Dec. 31, 2014	Apr. 25, 2014
Summary Of Significant Accounting Policies [Line Items]
Proposed Maximum Aggregate Offering Price				$ 750,000,000
Available-for-sale Securities, Total	$ 491,584,595		$ 368,315,738
Non Agency RMBS [Member]
Summary Of Significant Accounting Policies [Line Items]
Available-for-sale Securities, Total	142,019,587	[1]	53,485,053
Multi Family MBS [Member]
Summary Of Significant Accounting Policies [Line Items]
Available-for-sale Securities, Total	$ 116,499,851		$ 0

[1] Non-Agency AFS does not include interest-only securities with a notional amount of $229,787,057, book value of $3,832,990, unrealized loss of $232,273 and a fair value of $3,600,718.