RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Details) - USD ($)		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014	Dec. 31, 2013
Assets
Residential mortgage loans held in securitization trusts	[1]	$ 1,222,905,433		$ 1,449,774,383
Total assets	[1]	2,299,601,203		2,498,366,661
Liabilities and Equity
Residential securitized debt obligations	[1]	1,204,583,678		1,364,077,012
Liabilities	[1]	2,157,134,338		2,320,872,133
Equity		142,466,865	[1]	177,494,528	[1]	$ 212,798,130	$ 113,925,362
Total liabilities and equity	[1]	2,299,601,203		2,498,366,661
Residential Mortgage [Member]
Assets
Residential mortgage loans held in securitization trusts		141,126,720		411,881,097
Receivables		471,146		1,446,120
Total assets		141,597,866		413,327,217
Liabilities and Equity
Residential securitized debt obligations		134,846,348		380,638,423
Payables		376,697		1,153,053
Liabilities		135,223,045		381,791,476
Equity		6,374,821		31,535,741
Total liabilities and equity		$ 141,597,866		$ 413,327,217

[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