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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Statement of Comprehensive Income [Abstract]      
Net income (loss) $ 4,706,961 $ (7,989,955) $ 450,479
Other comprehensive income (loss):      
Increase (decrease) in net unrealized gain (loss) on available-for-sale securities, net (13,268,331) (3,824,461) (14,776,266)
Reclassification adjustment for net gain (loss) included in net income (loss) 7,482,477 (5,589,740) 1,969,108
Reclassification adjustment for other-than-temporary impairments included in net income (loss) 0 541,342 745,492
Reclassification cumulative adjustment for Linked Transactions 0 0 4,457,544
Total other comprehensive income (loss) (5,785,854) (8,872,859) (7,604,122)
Less: Dividends to preferred stockholders (3,522,036) (3,522,036) (3,522,036)
Comprehensive income (loss) attributable to common stockholders $ (4,600,929) $ (20,384,850) $ (10,675,679)