AVAILABLE-FOR-SALE SECURITIES (Details 7) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	$ 2,926,137	$ 3,284,661	$ 5,674,743	$ 6,073,338
Net (premium amortization)/ discount accretion	3,827,443	1,202,618	7,882,863	2,316,901
Interest income	6,753,580	4,487,279	13,560,475	8,390,239
Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	1,891,811	3,074,166	3,887,013	5,770,383
Net (premium amortization)/ discount accretion	151,912	151,622	303,805	212,007
Interest income	2,043,723	3,225,788	4,190,818	5,982,390
Non Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	578,691	127,034	875,207	174,460
Net (premium amortization)/ discount accretion	2,281,616	1,042,083	5,140,318	2,084,467
Interest income	2,860,307	1,169,117	6,015,526	2,258,927
Residential Multi Family [Member]
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	455,635	83,461	912,523	128,495
Net (premium amortization)/ discount accretion	1,393,914	8,913	2,441,608	20,427
Interest income	$ 1,849,550	$ 92,374	$ 3,354,131	$ 148,922