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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ (2,296,571) $ (7,799,801) $ 72,570 $ (24,747,415)
Other comprehensive income (loss):        
Increase (decrease) in net unrealized gain (loss) on available-for-sale securities, net (2,478,268) 15,345,158 1,220,918 13,099,145
Reclassification adjustment for net gain (loss) included in net income (loss) 365,849 (7,671,018) 217,565 (6,547,325)
Reclassification adjustment for other-than-temporary impairments included in net income (loss) 0 146,224 0 167,218
Total other comprehensive income (loss) (2,112,419) 7,820,364 1,438,483 6,719,038
Less: Dividends to preferred stockholders (870,726) (870,726) (1,751,235) (1,751,235)
Comprehensive income (loss) attributable to common stockholders $ (5,279,716) $ (850,163) $ (240,182) $ (19,779,612)