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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - 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
Total interest income $ 29,139,000 $ 8,267,000 $ 4,499,000 $ 3,908,000 $ 3,937,000 $ 4,103,000 $ 7,356,000 $ 1,027,000 $ 1,333,790 $ 11,854,700 $ 14,436,966
Total 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
Other-than-temporary impairment 0 0 0 0 0 0 0 0      
Other income (loss) (5,065,000) 3,395,000 2,838,000 (4,291,000) 8,902,000 (19,108,000) 3,098,000 1,056,000      
Total expenses 4,779,000 2,853,000 2,304,000 1,598,000 1,527,000 1,455,000 1,492,000 428,000 947,637 11,534,727 4,901,754
Net income (loss) (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
Net income (loss) attributable to common stockholders (basic and diluted) (4,494,000) 4,154,000 3,789,000 (3,022,000) 10,700,000 (17,014,000) 7,970,000 1,526,000 4,819,306 426,490 3,181,603
Earnings (loss) per share:                      
Net income (loss) attributable to common stockholders (basic and diluted) $ (4,494,000) $ 4,154,000 $ 3,789,000 $ (3,022,000) $ 10,700,000 $ (17,014,000) $ 7,970,000 $ 1,526,000 $ 4,819,306 $ 426,490 $ 3,181,603
Weighted average number of shares of common stock outstanding: 14,718,750 14,640,065 11,150,788 8,816,658 7,389,250 7,360,350 7,389,250 2,293,250 1,656,250 12,358,587 6,132,702
Basic and diluted income (loss) per share $ (0.31) $ 0.28 $ 0.34 $ (0.34) $ 1.45 $ (2.31) $ 1.08 $ 0.67 $ 2.91 $ 0.03 $ 0.52