Condensed Consolidated Statement of Stockholders' Equity - 3 months ended Mar. 31, 2017 - USD ($)	Total		Preferred Stock	Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Cumulative Distributions to Stockholders	Accumulated Earnings (Deficit)
Balance (in shares) at Dec. 31, 2016			1,610,000	17,539,258
Balance at Dec. 31, 2016	$ 142,466,865	[1]	$ 37,156,972	$ 175,348	$ 204,264,868	$ (9,268,630)	$ (89,224,194)	$ (637,499)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cost of issuing common stock	(9,310)				(9,310)
Restricted stock compensation expense	6,620				6,620
Net income (loss)	2,369,141							2,369,141
Increase (decrease) in net unrealized gain (loss) on available-for-sale securities, net	3,699,186					3,699,186
Reclassification adjustment for net gain (loss) included in net income (loss)	(148,284)					(148,284)
Common dividends declared	(2,630,889)						(2,630,889)
Preferred dividends declared	(880,509)						(880,509)
Balance (in shares) at Mar. 31, 2017			1,610,000	17,539,258
Balance at Mar. 31, 2017	$ 144,872,820	[1]	$ 37,156,972	$ 175,348	$ 204,262,178	$ (5,717,728)	$ (92,735,592)	$ 1,731,642

[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company is the primary beneficiary of these VIEs. As of March 31, 2017 and December 31, 2016, assets of consolidated VIEs totaled $1,352,801,814 and $1,369,120,941 respectively, and the liabilities of consolidated VIEs totaled $1,327,153,665 and $1,344,404,080 respectively