INCOME TAXES - Taxable Income Reconciliation (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Line Items]
Net income (loss)	$ 350,000	$ 4,353,000	$ (21,490,000)	$ 11,315,000	$ 8,891,000	$ (4,256,000)	$ (2,297,000)	$ 2,369,000	$ (5,471,462)	$ 4,706,961
REIT Operation
Income Tax Disclosure [Line Items]
Net income (loss)									5,241,000	(4,645,000)
Five Oaks Investment Corp
Income Tax Disclosure [Line Items]
Net income (loss)									(3,950,000)	4,707,000
Subsidiaries
Income Tax Disclosure [Line Items]
Net income (loss)									1,291,000	62,000
Capitalized transaction fees									(41,000)	(41,000)
Unrealized gain (loss)									(20,000)	639,000
Deferred income									(222,000)	19,000
Tax income (loss) of taxable subsidiary before utilization of net operating losses									1,008,000	679,000
Utilizations of net operating losses									(288,000)	(679,000)
Net tax income of taxable subsidiaries									$ 720,000	$ 0