MULTI-FAMILY MORTGAGE LOAN SECURITIZATION TRUSTS (Details 1) - USD ($)		3 Months Ended								8 Months Ended	12 Months Ended
		Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013
Variable Interest Entity [Line Items]
Interest expense		$ (23,077,000)	$ (3,596,000)	$ (608,000)	$ (560,000)	$ (570,000)	$ (554,000)	$ (992,000)	$ (127,000)
Net interest income		6,062,000	4,671,000	3,891,000	3,348,000	3,367,000	3,549,000	6,364,000	900,000	$ 1,416,508	$ 17,971,303	$ 14,180,008
General and administrative fees										(113,606)	(2,901,076)	(992,115)
Unrealized gain (loss) on multi-family mortgage loan held in securitization trusts										0	1,473,485	0
Net Income		$ (3,782,000)	$ 5,213,000	$ 4,425,000	$ (2,541,000)	$ 10,742,000	$ (17,014,000)	$ 7,970,000	$ 1,528,000	$ 4,819,306	3,313,786	$ 3,226,430
Multi-Family Mortgage Loans Held in Securitization Trusts [Member]
Variable Interest Entity [Line Items]
Interest income	[1]										21,158,102
Interest expense	[1]										(19,400,851)
Net interest income	[1]										1,757,251
General and administrative fees	[1]										(1,086,165)
Unrealized gain (loss) on multi-family mortgage loan held in securitization trusts	[1]										1,473,484
Net Income	[1]										$ 2,144,570

[1] The Company consolidated the first trust in September, 2014 and the second trust in October, 2014.