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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net income (loss) $ 1,850,690 $ (1,698,722) $ (22,896,725) $ (3,028,000)
Other comprehensive income (loss):        
Increase (decrease) in net unrealized gain on available-for-sale securities, net (979,421) (1,827,941) 12,119,724 (8,306,431)
Reclassification adjustment for net gain (loss) included in net income (loss) 23,914 2,045,480 (6,523,410) 3,461,294
Reclassification adjustment for other-than-temporary impairments included in net income (loss) 19,790 350,924 187,008 1,761,208
Reclassification cumulative adjustment for Linked Transactions 0 0 0 4,457,544
Total other comprehensive income (loss) (935,717) 568,463 5,783,322 1,373,615
Less: Dividends to preferred stockholders (880,509) (880,509) (2,631,744) (2,631,744)
Comprehensive income (loss) attributable to common stockholders $ 34,464 $ (2,010,768) $ (19,745,147) $ (4,286,129)