THE FREMF TRUSTS - Condensed Consolidated Balance Sheets (Details) - USD ($)		Mar. 31, 2019	Dec. 31, 2018
Assets
Total assets		$ 659,406,989	$ 679,352,035
Liabilities and Equity
Multi-family securitized debt obligations	[1]	0	19,231,331
Total liabilities		550,136,102	529,148,697
Equity		109,171,387	150,103,838
Total liabilities and equity		$ 659,406,989	679,352,035
FREMF Trusts
Assets
Multi-family mortgage loans held in securitization trusts			0
Receivables			24,357,335
Total assets			24,357,335
Liabilities and Equity
Multi-family securitized debt obligations			19,231,331
Payables			363,855
Total liabilities			19,595,186
Equity			4,762,149
Total liabilities and equity			$ 24,357,335

[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company was the primary beneficiary of these VIEs. As of December 31, 2018, assets of consolidated VIEs totaled $24,357,335, and the liabilities of consolidated VIEs totaled $19,595,186 respectively.