RESTRICTED CASH AND DUE TO BROKER

12 Months Ended

Dec. 31, 2016

Cash and Cash Equivalents [Abstract]

Restricted Cash And Due To Broker Disclosure [Text Block]

NOTE 9 – RESTRICTED CASH AND DUE TO BROKER

As of December 31, 2016, the Company is required to maintain certain cash balances with counterparties for broker activity and collateral for the Company's repurchase agreements in non-interest bearing accounts.

The following table presents the Company's restricted cash balances as of December 31, 2016 and December 31, 2015:

	December 31, 2016			December 31, 2015
Restricted cash balance held by:
Broker counterparties for derivatives trading	$	(4,244,678	)	$	528,564
Repurchase counterparties as restricted collateral		10,355,222			7,646,074
Total	$	6,110,544		$	8,174,638