RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details) - USD ($)		Jun. 30, 2015	Dec. 31, 2014
Assets
Residential mortgage loans held in securitization trusts		$ 1,620,066,565	$ 1,750,294,430
Total assets	[1]	2,694,357,789	2,922,209,557
Liabilities and Equity
Residential securitized debt obligations		1,536,502,579	1,670,573,456
Liabilities	[1]	2,499,512,894	2,709,411,427
Equity		194,844,895	212,798,130
Total liabilities and equity		2,694,357,789	2,922,209,557
Residential Mortgage [Member]
Assets
Residential mortgage loans held in securitization trusts		472,629,816	631,446,984
Receivables		1,576,063	2,030,045
Total assets		474,205,879	633,477,029
Liabilities and Equity
Residential securitized debt obligations		356,104,980	502,900,040
Payables		1,046,285	1,662,660
Liabilities		357,151,265	504,562,700
Equity		117,054,614	128,914,329
Total liabilities and equity		$ 474,205,879	$ 633,477,029

[1] The Company’s condensed consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs”) as the Company is the primary beneficiary of these VIEs. As of June 30, 2015 and December 31, 2014, assets of consolidated VIEs totaled $2,099,907,248 and $2,389,784,101, respectively, and the liabilities of consolidated VIEs totaled $1,899,078,499 and $2,180,936,221, respectively