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THE FREMF TRUSTS - Narrative (Details) - FREMF Trusts - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2018
Dec. 31, 2017
Variable Interest Entity [Line Items]      
Investment in Multi-Family MBS, carrying value $ 5,331,931 $ 5,331,931 $ 21,695,098
Multi-family mortgage loans held in securitization trusts, unpaid principal balance   27,410,393 1,078,622,737
Multi-family securitized debt obligations, unpaid principal balance   27,410,393 $ 1,078,622,737
Realized losses $ 13,617 $ 18,325