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DERIVATIVE INSTRUMENTS HEDGING AND NON-HEDGING ACTIVITIES (Details 5) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Derivative [Line Items]      
Change in fair value of Linked Transactions included in earnings $ (3,089,001) $ (12,024,730) $ (18,214,460)
Unrealized gain (loss) and net interest income from Linked Transactions $ 0 $ 0 10,605,848
Linked Tansactions [Member]      
Derivative [Line Items]      
Interest income attributable to AFS underlying Linked Transactions     15,427,632
Interest expense attributable to linked repurchase agreement borrowings underlying Linked Transactions     (2,893,375)
Change in fair value of Linked Transactions included in earnings     (1,928,409)
Unrealized gain (loss) and net interest income from Linked Transactions     $ 10,605,848