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RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Aug. 15, 2016
Mar. 27, 2016
May 22, 2015
Aug. 19, 2014
Mar. 27, 2014
Mar. 27, 2013
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Related Party Transaction [Line Items]                    
Management Fee Percentage                 1.50%  
Management fee             $ 623,525 $ 703,167 $ 1,873,486 $ 2,119,571
Management Fee Payable             208,000 470,000 208,000 470,000
Operating expenses reimbursable to Manager             1,184,391 1,338,272 3,573,445 3,444,914
Restricted stock compensation expense             3,459   29,014 50,535
Additional Cost Of Reimbursable Expense Waived             483,187 $ 450,000 $ 483,187 $ 450,000
Management Expiration Date                 May 16, 2014  
MAXEX LLC [Member] | Loan Review Services [Member]                    
Related Party Transaction [Line Items]                    
Proceeds from Fees Received             6,905      
MAXEX LLC [Member] | Residential Mortgage Loans [Member]                    
Related Party Transaction [Line Items]                    
Proceeds from Sale and Collection of Loans Held-for-sale             $ 16,000,000      
Independent Director Three [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares 4,500               4,500  
Independent Director [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares       4,500            
Manager Equity Plan [Member]                    
Related Party Transaction [Line Items]                    
Percentage Of Shares Issued                 3.00%  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period   9,500                
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Excluding Stock Options   $ 49,875                
Manager Equity Plan [Member] | Independent Director One [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period                 1,500  
Manager Equity Plan [Member] | Independent Director Three [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period 1,500     1,500         1,500  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value $ 26,865                  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value $ 5.97                  
Manager Equity Plan [Member] | Independent Director [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Common Stock Purchase Price           $ 14.50        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Granted in Period, Fair Value           $ 65,250        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares         4,500          
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value       $ 50,715            
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value       $ 11.27            
Manager Equity Plan [Member] | Manager [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period           28,500        
Manager Equity Plan [Member] | Independent Director Four [Member] | Restricted Stock Units (Rsus) [Member]                    
Related Party Transaction [Line Items]                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period     1,500              
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period     6,000              
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value     $ 60,420              
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value     $ 10.07