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RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details 1) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statement of Operations        
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)
Net income (loss) 4,033,321 4,424,609 (1,097,005) 1,883,335
Residential Mortgage [Member]        
Statement of Operations        
Interest income 5,039,380 0 10,931,159 0
Interest expense 3,102,240 0 6,757,709 0
Net interest income 1,937,140 0 4,173,450 0
General and administrative fees (107,325) 0 (348,520) 0
Unrealized gain (loss) on residential loans held in securitization trusts (2,975,804) 0 (6,332,205) 0
Net income (loss) $ (1,145,989) $ 0 $ (2,507,275) $ 0