Consolidated Statements of Stockholders' Equity - USD ($)	Total		Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Cumulative Distributions to Stockholders [Member]	Accumulated Earnings (Deficit) [Member]
Balance at Dec. 31, 2013	$ 113,925,362		$ 18,060,898	$ 73,563	$ 110,129,489	$ (11,094,954)	$ (11,289,370)	$ 8,045,736
Balance (in shares) at Dec. 31, 2013			800,000	7,389,250
Issuance of common stock, net	79,263,318		$ 0	$ 73,390	79,189,928	0	0	0
Issuance of common stock, net (in shares)			0	7,339,000
Issuance of preferred stock, net	19,096,074		$ 19,096,074	$ 0	0	0	0	0
Issuance of preferred stock, net (in shares)			810,000	0
Restricted stock compensation expense	13,457		$ 0	$ 0	13,457	0	0	0
Restricted stock compensation expense (in shares)			0	(9,500)
Net income (loss)	3,313,786		$ 0	$ 0	0	0	0	3,313,786
Other comprehensive income (loss)	18,303,304					18,303,304
Reclassification adjustment for net gain (loss) included in net income (loss)	7,458,001
Common dividends declared	(18,229,875)		0	0	0	0	(18,229,875)	0
Preferred dividends declared	(2,887,296)		0	0	0	0	(2,887,296)	0
Balance at Dec. 31, 2014	212,798,130		$ 37,156,972	$ 146,953	189,332,874	7,208,351	(32,406,541)	11,359,521
Balance (in shares) at Dec. 31, 2014			1,610,000	14,718,750
Issuance of common stock, net	0		$ 0	$ 140	(140)	0	0	0
Issuance of common stock, net (in shares)			0	14,000
Cost of issuing common stock	0		$ 0	$ 0	0	0	0	0
Cost of issuing common stock (in shares)			0	0
Issuance of preferred stock, net	0		$ 0	$ 0	0	0	0	0
Issuance of preferred stock, net (in shares)			0	0
Redemption of preferred stock, net	0		$ 0	$ 0	0	0	0	0
Redemption of preferred stock, net (in shares)			0	0
Issuance of treasury stock, net	(358,991)		$ 0	$ (684)	(358,307)	0	0	0
Issuance of treasury stock, net (in shares)			0	(68,356)
Restricted stock compensation expense	63,275		$ 0	$ 0	63,275	0	0	0
Restricted stock compensation expense (in shares)			0	(8,000)
Net income (loss)	450,479		$ 0	$ 0	0	0	0	450,479
Other comprehensive income (loss)	(7,604,122)
Increase (decrease) in net unrealized gain on available-for-sale securities, net	(14,776,266)		0	0	0	(14,776,266)	0	0
Reclassification adjustment for net gain (loss) included in net income (loss)	1,969,108		0	0	0	1,969,108	0	0
Reclassification cumulative adjustments for Linked Transactions	0		0	0	0	4,457,544	0	(4,457,544)
Reclassification adjustment for other-than-temporary impairments included in net income (loss)	745,492		0	0	0	745,492	0	0
Common dividends declared	(19,874,663)		0	0	0	0	(19,874,663)	0
Preferred dividends declared	(3,522,036)		0	0	0	0	(3,522,036)	0
Balance at Dec. 31, 2015	177,494,528	[1]	$ 37,156,972	$ 146,409	189,037,702	(395,771)	(55,803,240)	7,352,456
Balance (in shares) at Dec. 31, 2015			1,610,000	14,656,394
Issuance of common stock, net	0		$ 0	$ 29,524	15,477,118	0	(15,506,642)	0
Issuance of common stock, net (in shares)			0	2,952,364
Cost of issuing common stock	(2,757)		$ 0	$ 0	(2,757)	0	0	0
Cost of issuing common stock (in shares)			0	0
Issuance of preferred stock, net	0		$ 0	$ 0	0	0	0	0
Issuance of preferred stock, net (in shares)			0	0
Redemption of preferred stock, net	0		$ 0	$ 0	0	0	0	0
Redemption of preferred stock, net (in shares)			0	0
Purchase of treasury stock, net	(283,565)		$ 0	$ (585)	(282,980)	0	0	0
Purchase of treasury stock, net (in shares)			0	(58,500)
Restricted stock compensation expense	35,785		$ 0	$ 0	35,785	0	0	0
Restricted stock compensation expense (in shares)			0	(11,000)
Net income (loss)	(10,426,645)		$ 0	$ 0	0	0	0	(10,426,645)
Other comprehensive income (loss)	(6,436,169)
Increase (decrease) in net unrealized gain on available-for-sale securities, net	(100,937)		0	0	0	(100,937)	0	0
Reclassification adjustment for net gain (loss) included in net income (loss)	(5,589,740)		0	0	0	(5,589,740)	0	0
Reclassification cumulative adjustments for Linked Transactions	0		0	0	0	0	0	0
Reclassification adjustment for other-than-temporary impairments included in net income (loss)	(745,492)		0	0	0	(745,492)	0
Common dividends declared	(14,392,276)		0	0	0	0	(14,392,276)	0
Preferred dividends declared	(3,522,036)		0	0	0	0	(3,522,036)	0
Balance at Dec. 31, 2016	$ 142,466,865	[1]	$ 37,156,972	$ 175,348	$ 204,264,868	$ (6,831,940)	$ (89,224,194)	$ (3,074,189)
Balance (in shares) at Dec. 31, 2016			1,610,000	17,539,258

[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