AVAILABLE-FOR-SALE SECURITIES (Details 1) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2015		Dec. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Face Value	$ 571,380,755		$ 386,463,099
Unamortized premium	1,269,204		4,796,106
Unamortized discount
Designated credit reserve	(18,305,657)		(12,697,796)	$ (16,126,355)
Net, unamortized	(73,131,428)		(17,454,022)	$ (22,400,380)
Amortized Cost	481,212,874		361,107,387
Gross unrealized gain	10,623,322		8,402,890
Gross unrealized (loss)	(3,852,320)		(1,194,539)
Fair Value	491,584,595		368,315,738
Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Face Value	229,830,135		309,790,551
Unamortized premium	1,202,379		4,796,106
Unamortized discount
Designated credit reserve	0		0
Net, unamortized	(1,887,043)		(2,244,687)
Amortized Cost	229,145,471		312,341,970
Gross unrealized gain	4,276,386		3,670,643
Gross unrealized (loss)	(356,700)		(1,181,928)
Fair Value	233,065,157		314,830,685
Non Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Face Value	188,029,097	[1]	76,672,548
Unamortized premium	66,825	[1]	0
Unamortized discount
Designated credit reserve	(18,305,657)	[1],[2]	(12,697,796)
Net, unamortized	(35,090,000)	[1]	(15,209,335)
Amortized Cost	134,700,265	[1]	48,765,417
Gross unrealized gain	5,143,175	[1]	4,732,247
Gross unrealized (loss)	(1,424,572)	[1]	(12,611)
Fair Value	142,019,587	[1]	$ 53,485,053
Residential Multi Family [Member]
Schedule of Available-for-sale Securities [Line Items]
Face Value	153,521,523
Unamortized premium	0
Unamortized discount
Designated credit reserve	0
Net, unamortized	(36,154,385)
Amortized Cost	117,367,138
Gross unrealized gain	1,203,761
Gross unrealized (loss)	(2,071,048)
Fair Value	$ 116,499,851

[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.

[2] Discount designated as Credit Reserve and amount related to OTTI are generally not expected to be accreted into interest income. Amounts disclosed at June 30, 2015 reflect Credit Reserve of $1,410,284 and OTTI of $2,890,939.