BORROWINGS (Details 1) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Repurchase Agreements [Line Items]
Repurchase agreements	$ 541,041,099	$ 594,877,852	[1]
Maturity up to 30 days [Member]
Repurchase Agreements [Line Items]
Repurchase agreements	481,135,919	465,817,820
Maturity 31 To 60 Days [Member]
Repurchase Agreements [Line Items]
Repurchase agreements	15,886,000	86,025,327
Maturity 61 To 90 Days [Member]
Repurchase Agreements [Line Items]
Repurchase agreements	14,843,000	0
Maturity Over 90 Days Member [Member]
Repurchase Agreements [Line Items]
Repurchase agreements	$ 29,176,180	$ 43,034,705

[1] At December 31, 2014, the Company had repurchase agreements of $85,497,000 and $63,796,000 that were linked to Non-Agency RMBS and Multi-Family MBS purchases, respectively, and were accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. (See Note 3).