XML 40 R43.htm IDEA: XBRL DOCUMENT v3.3.0.814
AVAILABLE-FOR-SALE SECURITIES (Details 1) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]      
Face Value $ 533,221,763 $ 386,463,099  
Unamortized premium 1,261,110 4,796,106  
Unamortized discount      
Designated credit reserve (13,963,388) (49,325,117)  
Net, unamortized (68,339,315) (64,545,980)  
Amortized Cost 452,180,170 361,107,387  
Gross unrealized gain 9,938,872 8,402,890  
Gross unrealized (loss) (2,767,187) (1,194,539)  
Fair Value 462,558,886 368,315,738  
Previous Accounting Guidance [Member]      
Unamortized discount      
Designated credit reserve   (12,697,796) $ (16,126,355)
Net, unamortized   (17,454,022) $ (22,400,380)
Agency [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Face Value 222,488,315 309,790,551  
Unamortized premium 1,195,567 4,796,106  
Unamortized discount      
Designated credit reserve 0 0  
Net, unamortized (1,667,139) (2,244,687)  
Amortized Cost 222,016,743 312,341,970  
Gross unrealized gain 5,245,272 3,670,643  
Gross unrealized (loss) (197,444) (1,181,928)  
Fair Value 227,064,571 314,830,685  
Non Agency RMBS [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Face Value 171,819,640 [1] 76,672,548  
Unamortized premium 65,543 [1] 0  
Unamortized discount      
Designated credit reserve (13,963,388) [1] (12,697,796)  
Net, unamortized (31,972,824) [1] (15,209,335)  
Amortized Cost 125,948,971 [1] 48,765,417  
Gross unrealized gain 2,498,770 [1] 4,732,247  
Gross unrealized (loss) (1,791,201) [1] (12,611)  
Fair Value 129,863,571 [1] 53,485,053  
Residential Multi Family [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Face Value 138,913,808    
Unamortized premium 0    
Unamortized discount      
Designated credit reserve 0    
Net, unamortized (34,699,352)    
Amortized Cost 104,214,456    
Gross unrealized gain 2,194,830    
Gross unrealized (loss) (778,542)    
Fair Value $ 105,630,744 $ 0  
[1] Non-Agency AFS does not include interest-only securities with a notional amount of $214,5650,271, book value of $3,832,990, unrealized loss of $625,959 and a fair value of $3,207,031.