DERIVATIVE INSTRUMENTS HEDGING AND NON-HEDGING ACTIVITIES (Details 2)	Dec. 31, 2014 USD ($)
Derivative [Line Items]
Face Value	$ 289,500,610
Unamortized premium	0
Unamortized discount
Designated credit reserve and OTTI	(36,627,428)
Net, unamortized	(47,092,067)
Amortized Cost	205,781,115
Gross unrealized gain	7,447,176
Gross unrealized (loss)	(2,989,633)
Fair Value	210,238,658
Non-Agency [Member]
Derivative [Line Items]
Face Value	186,532,050
Unamortized premium	0
Unamortized discount
Designated credit reserve and OTTI	(36,627,428)
Net, unamortized	(28,768,448)
Amortized Cost	121,136,174
Gross unrealized gain	5,676,815
Gross unrealized (loss)	(2,384,676)
Fair Value	124,428,313
Multifamily [Member]
Derivative [Line Items]
Face Value	102,968,560
Unamortized premium	0
Unamortized discount
Designated credit reserve and OTTI	0
Net, unamortized	(18,323,619)
Amortized Cost	84,644,941
Gross unrealized gain	1,770,361
Gross unrealized (loss)	(604,957)
Fair Value	$ 85,810,345