XML 12 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document And Entity Information - shares
9 Months Ended
Sep. 30, 2016
Nov. 09, 2016
Document Information [Line Items]    
Document Type 10-Q  
Amendment Flag true  
Amendment Description As used in this Amendment No. 1 on Form 10-Q/A for the quarter ended September 30, 2016 (the "Form 10-Q/A"), the terms "Company", "our" or "we" refer to Hunt Companies Finance Trust, Inc. (formerly known as Five Oaks Investment Corp.), a Maryland Corporation. This Form 10-Q/A amends the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2016, as originally filed with the Securities and Exchange Commission ("SEC") on November 9, 2016 (the "Original Filing"). This Form 10-Q/A is being filed to restate our unaudited condensed consolidated financial statements for the quarter ended September 30, 2016 and to make related revisions to certain other disclosures in the Original Filing. As previously disclosed in our Current Report on Form 8-K filed November 6, 2018, the restatement of our financial statements in this Form 10-Q/A reflects the correction of certain identified errors relating to incorrectly reported unrealized losses on Residential Mortgage Back Securities ("RMBS") Interest Only Certificates ("RMBS IOs") upon our deconsolidation of the JPMMT 2014-OAK4 Trust and an incorrectly reported release of credit reserves relating to certain RMBS upon their sale in 2016. The unrealized losses on the RMBS IOs were incorrectly reported through other comprehensive income (loss) instead of through unrealized gain (loss) on fair value option securities for the year to date period ended September 30, 2016. The release of credit reserves was incorrectly reported through other comprehensive income (loss) instead of through our condensed consolidated statement of operations for the quarter and year to date periods ended September 30, 2016. While having no impact on total stockholders' equity, as a result of these errors, accumulated other comprehensive income (loss) and accumulated earnings (deficit) were incorrectly stated by equal and offsetting amounts in our condensed consolidated balance sheet as of September 30, 2016. Further explanation regarding the restatement is set forth in Note 20 to the unaudited condensed consolidated financial statements included in this Form 10-Q/A. The following sections in the Original Filing are revised in this Form 10-Q/A to reflect the restatement: Part I – Item 1 – Financial Statements (Unaudited) Part I – Item 2 – Management's Discussion and Analysis of Financial Condition and Results of Operations Part I – Item 4 – Controls and Procedures Part II – Item 6 – Exhibits. Our principal executive officer and principal financial officer have also provided new certifications as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. The certifications are included in this Form 10-Q/A as Exhibits 31.1, 31.2, 32.1 and 32.2. For the convenience of the reader, this Form 10-Q/A sets forth the information in the Original Filing in its entirety, as such information is modified and superseded where necessary to reflect the restatement and other revisions. Except as provided above, this Amendment No. 1 does not reflect events occurring after the filing of the Original Filing and does not amend or otherwise update any information in the Original Filing. Accordingly, this Form 10-Q/A should be read in conjunction with our filings with the SEC subsequent to the date on which we filed the Original Filing with the SEC.  
Document Period End Date Sep. 30, 2016  
Document Fiscal Year Focus 2016  
Document Fiscal Period Focus Q3  
Entity Registrant Name Hunt Companies Finance Trust, Inc.  
Entity Central Index Key 0001547546  
Current Fiscal Year End Date --12-31  
Entity Filer Category Accelerated Filer  
Trading Symbol HCFT  
Entity Common Stock, Shares Outstanding   14,602,394
Entity Emerging Growth Company false  
Entity Small Business false