AVAILABLE-FOR-SALE SECURITIES (Details 8) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	$ 3,043,152	$ 2,751,329
Net (premium amortization)/ discount accretion	1,855,886	4,054,629
Interest income	4,899,038	6,805,958
Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	2,023,202	1,991,553
Net (premium amortization)/ discount accretion	23,184	148,255
Interest income	2,046,386	2,139,808
Non Agency RMBS [Member]
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	762,081	303,510
Net (premium amortization)/ discount accretion	496,838	2,858,679
Interest income	1,258,919	3,162,189
Residential Multi Family [Member]
Schedule of Available-for-sale Securities [Line Items]
Coupon interest	257,869	456,266
Net (premium amortization)/ discount accretion	1,335,864	1,047,695
Interest income	$ 1,593,733	$ 1,503,961