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RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS - Condensed Consolidated Statements of Operations (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Variable Interest Entity [Line Items]                
Net interest income $ 3,795,884     $ 5,114,636     $ 12,049,146 $ 12,802,118
General and administrative fees (904,413)     (796,600)     (3,266,757) (3,148,945)
Unrealized gain (loss) on residential loans held in securitization trusts 0     0     0 5,650,199
Net income (loss) $ 2,157,748 $ 1,394,170 $ 1,474,767 4,353,026 $ (21,490,063) $ 11,315,000 $ 5,026,685 (5,822,037)
Residential mortgage loans                
Variable Interest Entity [Line Items]                
Interest income       0       2,102,352
Interest expense       0       1,685,971
Net interest income       0       416,381
General and administrative fees       0       (20,886)
Unrealized gain (loss) on residential loans held in securitization trusts       0       5,650,199
Net income (loss)       $ 0       $ 6,045,694