INCOME TAXES (as restated) (Details) - 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
Income Tax Disclosure [Line Items]
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
Capitalized transaction fees									(41,000)	(41,000)	596,000
Unrealized gain (loss)									1,964,000	2,041,000	(3,670,000)
Deferred income									204,000	0	0
Tax income (loss) of taxable subsidiary before utilization of net operating losses									791,000	624,000	(3,411,000)
Utilizations of net operating losses									(791,000)	(624,000)	0
Net tax income of taxable subsidiaries									0	0	0
REIT Operation [Member]
Income Tax Disclosure [Line Items]
Net income (loss)									9,090,000	(1,826,000)	(3,650,000)
Five Oaks Investment Corp [Member]
Income Tax Disclosure [Line Items]
Net income (loss)									(10,426,000)	450,000	3,313,000
Subsidiaries [Member]
Income Tax Disclosure [Line Items]
Net income (loss)									$ (1,336,000)	$ (1,376,000)	$ (337,000)