THE FREMF TRUSTS (Details 1) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statements of Operations
Interest expense	$ (16,259)	$ (16,580)	$ (17,837)	$ (18,857)	$ (19,801)	$ (20,301)	$ (21,062)	$ (21,940)	$ (1,860,000)
Net interest income	5,903	6,153	5,772	5,760	6,537	7,100	8,570	9,103	23,588,344	$ 31,309,716	$ 17,971,303
General and administrative fees									(5,867,851)	(6,660,934)	(2,901,076)
Unrealized gain (loss) on multi-family loans held in securitization trusts									(5,219,530)	6,097,000	1,473,485
Net income (loss)	$ 12,470	$ 1,851	$ (7,800)	$ (16,948)	$ 3,479	$ (1,699)	$ 3,801	$ (5,130)	(10,426,645)	450,479	3,313,786
FREMF trusts [Member]
Statements of Operations
Interest income									58,587,780	68,016,595	21,158,102	[1]
Interest expense									(54,940,386)	(62,157,176)	(19,400,851)	[1]
Net interest income									3,647,394	5,859,419	1,757,251	[1]
General and administrative fees									(2,711,189)	(3,249,208)	(1,086,165)	[1]
Unrealized gain (loss) on multi-family loans held in securitization trusts									(5,219,530)	6,097,000	1,473,484	[1]
Net income (loss)									$ (4,283,325)	$ 8,707,211	$ 2,144,570	[1]

[1] The Company consolidated the first trust in September, 2014 and the second trust in October, 2014.