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Consolidated Statements of Stockholders' Equity - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Cumulative Distributions to Stockholders
Accumulated Earnings (Deficit)
Noncontrolling interests
Common Stock
Common Stock
Common Stock
Common Stock
Additional Paid in Capital
Preferred Stock
Preferred Stock
Noncontrolling interests
Balance (in shares) at Dec. 31, 2016   1,610,000 17,539,258                    
Balance at Dec. 31, 2016 $ 142,466,865 $ 37,156,972 $ 175,348 $ 204,264,868 $ (6,831,940) $ (89,224,194) $ (3,074,189) $ 0          
Issuance of common stock, net (in shares)                   4,604,500      
Issuance of common stock, net 21,186,865     21,140,820           $ 46,045      
Cost of issuing common stock (1,351,239)     (1,351,239)                  
Restricted stock compensation expense (6,280)     (6,280)                  
Increase (decrease) in net unrealized gain on available-for-sale securities, net (13,268,331)       (13,268,331)                
Reclassification adjustment for net loss included in net income 7,482,477       7,482,477                
Net income (loss) 4,706,961           4,706,961            
Common dividends declared (11,904,005)         (11,904,005)              
Preferred dividends declared (3,522,036)         (3,522,036)              
Balance (in shares) at Dec. 31, 2017   1,610,000 22,143,758                    
Balance at Dec. 31, 2017 145,791,277 $ 37,156,972 $ 221,393 224,048,169 (12,617,794) (104,650,235) 1,632,772 0          
Issuance of common stock, net (in shares)                   1,543,906      
Issuance of common stock, net                 $ 7,362,452 $ 15,439 $ 7,347,013 $ 99,500 $ 99,500
Cost of issuing common stock (92,866)     (92,866)                  
Restricted stock compensation expense 3,427     3,427                  
Reclassification adjustment for net loss included in net income 12,617,794       12,617,794                
Net income (loss) (5,471,462)           (5,471,462)            
Common dividends declared (6,578,196)         (6,578,196)              
Preferred dividends declared (3,528,588)         (3,528,588)              
Balance (in shares) at Dec. 31, 2018   1,610,000 23,687,664                    
Balance at Dec. 31, 2018 $ 150,203,338 $ 37,156,972 $ 236,832 $ 231,305,743 $ 0 $ (114,757,019) $ (3,838,690) $ 99,500