RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statements of Operations
Interest expense			$ 1,860,000
Net interest income	$ 6,152,849	$ 7,100,260	17,685,350	$ 24,772,989
General and administrative fees	(1,171,421)	(1,419,268)	(4,483,064)	(4,820,505)
Unrealized gain (loss) on residential loans held in securitization trusts	(764,599)	(1,323,697)	80,511	(7,655,902)
Net income (loss)	1,850,690	(1,698,722)	(22,896,725)	(3,028,000)
Residential Mortgage [Member]
Statements of Operations
Interest income	1,582,090	4,641,887	9,143,343	15,573,046
Interest expense	1,210,186	3,137,247	6,978,474	9,894,956
Net interest income	371,904	1,504,640	2,164,869	5,678,090
General and administrative fees	(13,653)	(146,574)	(254,424)	(495,094)
Unrealized gain (loss) on residential loans held in securitization trusts	(764,599)	(1,323,697)	80,511	(7,655,902)
Net income (loss)	$ (406,348)	$ 34,369	$ 1,990,956	$ (2,472,906)