AVAILABLE-FOR-SALE SECURITIES (Details Textual)		3 Months Ended		12 Months Ended
		Mar. 31, 2016 USD ($)	Mar. 31, 2015 USD ($)	Dec. 31, 2015 USD ($)
Schedule of Available-for-sale Securities [Line Items]
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent		$ (1,101,326)	$ 11,881,959
Available-for-sale Securities, Gross Unrealized Loss		9,836,105		$ 6,389,447
Other Than Temporary Impairment Losses Investments Portion Increase Decrease In Credit Reserves		(20,994)	(1,977,489)	8,146,073
Available-for-sale Securities, Total	[1]	$ 468,482,202		$ 571,466,581
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total		57		67
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year		20		35
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year		4		5
Proceeds from Sale of Federal Home Loan Bank Stock		$ 1,372,500	0
Federal Home Loan Bank Stock	[1]	1,030,500		$ 2,403,000
AFS securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent		(1,122,320)
Non Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Gross Unrealized Loss		4,800,000
Securities Book Value		7,815,919		7,815,919
Derivative, Notional Amount		401,531,398		428,230,275
Unrealized Gain (Loss) on Securities		1,412,744		1,041,649
Derivative, Fair Value, Net, Total		6,403,175		6,774,271
Available-for-sale Securities, Total		20,000	$ 4,900,000
OTTI [Member]
Schedule of Available-for-sale Securities [Line Items]
Other Than Temporary Impairment Losses Investments Portion Increase Decrease In Credit Reserves		$ 766,487		$ 745,493

[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIE's) as the Company is the primary beneficiary of these VIEs. As of March 31, 2016 and December 31, 2015, assets of consolidated VIEs totaled $1,836,767,480 and $1,868,482,556, respectively, and the liabilities of consolidated VIEs totaled $1,720,340,585 and $1,750,916,265, respectively