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RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS - Condensed Consolidated Statements of Operations (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Statements of Operations    
Net interest income $ 5,783,761 $ 5,760,431
General and administrative fees (1,588,572) (1,632,511)
Unrealized gain (loss) on residential loans held in securitization trusts (368,343) (2,554,077)
Net income (loss) 2,369,141 (16,947,614)
Residential mortgage loans    
Statements of Operations    
Interest income 1,355,438 4,152,406
Interest expense 1,074,352 3,178,442
Net interest income 281,086 973,964
General and administrative fees (11,844) (132,418)
Unrealized gain (loss) on residential loans held in securitization trusts (368,343) (2,554,077)
Net income (loss) $ (99,101) $ (1,712,531)