THE FREMF TRUSTS (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statements of Operation
Net interest income	$ 8,626,540	$ 3,890,862	$ 17,729,267	$ 7,238,323
General and administrative fees	(1,717,361)	(380,711)	(3,401,237)	(632,802)
Unrealized gain (loss) on multi-family loans held in securitization trusts			3,840,584	0
Net Income	4,033,321	4,424,609	(1,097,005)	1,883,335
FREMF trusts [Member]
Statements of Operation
Interest income	17,249,728	0	34,885,204	0
Interest expense	15,778,321	0	31,913,781	0
Net interest income	1,471,407	0	2,971,423	0
General and administrative fees	(838,544)	0	(1,706,891)	0
Unrealized gain (loss) on multi-family loans held in securitization trusts	1,803,473	0	3,840,584	0
Net Income	$ 2,436,336	$ 0	$ 5,105,116	$ 0