Condensed Consolidated Statement of Stockholders' Equity - 6 months ended Jun. 30, 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	$ (6,831,940)	$ (89,224,194)	$ (3,074,189)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net (in shares)				4,600,000
Issuance of common stock, net	21,160,000			$ 46,000	21,114,000
Cost of issuing common stock	(1,256,359)				(1,256,359)
Restricted stock compensation expense	13,318				13,318
Net income (loss)	72,570							72,570
Increase (decrease) in net unrealized gain (loss) on available-for-sale securities, net	1,220,918					1,220,918
Reclassification adjustment for net gain (loss) included in net income (loss)	217,565					217,565
Common dividends declared	(5,261,777)						(5,261,777)
Preferred dividends declared	(1,751,235)						(1,751,235)
Balance (in shares) at Jun. 30, 2017			1,610,000	22,139,258
Balance at Jun. 30, 2017	$ 156,881,865	[1]	$ 37,156,972	$ 221,348	$ 224,135,827	$ (5,393,457)	$ (96,237,206)	$ (3,001,619)

[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 June 30, 2017 and December 31, 2016, assets of consolidated VIEs totaled $1,308,989,628 and $1,369,120,941 respectively, and the liabilities of consolidated VIEs totaled $1,282,788,661 and $1,344,404,080 respectively