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RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Assets    
Residential mortgage loans held in securitization trusts [1] $ 1,267,101,902 $ 1,449,774,383
Total assets [1] 2,305,574,444 2,498,366,661
Liabilities and Equity    
Residential securitized debt obligations [1] 1,249,163,769 1,364,077,012
Liabilities [1] 2,155,965,417 2,320,872,133
Equity [1] 149,609,027 177,494,528
Total liabilities and equity [1] 2,305,574,444 2,498,366,661
Residential Mortgage [Member]    
Assets    
Residential mortgage loans held in securitization trusts 153,356,678 411,881,097
Receivables 501,423 1,446,120
Total assets 153,858,101 413,327,217
Liabilities and Equity    
Residential securitized debt obligations 147,407,885 380,638,423
Payables 399,604 1,153,053
Liabilities 147,807,489 381,791,476
Equity 6,050,612 31,535,741
Total liabilities and equity $ 153,858,101 $ 413,327,217
[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