AVAILABLE-FOR-SALE SECURITIES (as restated) (Details) - USD ($)		Dec. 31, 2016	Dec. 31, 2015
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities	[1]	$ 870,929,601	$ 571,466,581
Agency [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		790,190,233	375,333,057
Agency [Member] | Government National Mortgage Association [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		0	43,705,764
Agency [Member] | Federal Home Loan Mortgage Corporation [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		326,958,046	148,760,159
Agency [Member] | Federal National Mortgage Association [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		463,232,187	182,867,134
Non Agency RMBS [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		7,592,802	92,107,727
Residential Multi Family [Member]
Debt Securities, Available-for-sale [Line Items]
Mortgage-backed securities		$ 73,146,566	$ 104,025,797

[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 December 31, 2016 and December 31, 2015, assets of consolidated VIEs totaled $1,369,120,941 and $1,868,482,556, respectively, and the liabilities of consolidated VIEs totaled $1,344,404,080 and $1,750,916,265, respectively