RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statements of Operation
Net interest income	$ 5,760,431	$ 9,102,726
General and administrative fees	(1,632,511)	(1,683,876)
Unrealized gain (loss) on multi-family loans held in securitization trusts	(2,554,077)	(3,356,407)
Net Income	(16,947,614)	(5,130,327)
Residential Mortgage [Member]
Statements of Operation
Interest income	4,152,406	5,891,779
Interest expense	3,178,442	3,655,469
Net interest income	973,964	2,236,310
General and administrative fees	(132,418)	(241,195)
Unrealized gain (loss) on multi-family loans held in securitization trusts	(2,554,077)	(3,356,407)
Net Income	$ (1,712,531)	$ (1,361,292)