AVAILABLE-FOR-SALE SECURITIES (as restated) (Details) - USD ($)		Sep. 30, 2016	Dec. 31, 2015
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities	[1]	$ 817,394,805	$ 571,466,581
Government National Mortgage Association [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		0	43,705,764
Federal Home Loan Mortgage Corporation [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		319,895,220	148,760,159
Federal National Mortgage Association [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		382,103,773	182,867,134
Non Agency RMBS [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		22,704,056	92,107,727
Residential Multi Family [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		$ 92,691,756	$ 104,025,797

[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 September 30, 2016 and December 31, 2015, assets of consolidated VIEs totaled $1,425,612,641 and $1,868,482,556, respectively, and the liabilities of consolidated VIEs totaled $1,401,605,297 and $1,750,916,265, respectively