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RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS - Condensed Consolidated Statements of Operations (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]                    
Interest income $ 8,954,000 $ 9,832,000 $ 10,289,000 $ 9,983,000 $ 10,169,000 $ 9,719,000 $ 17,551,000 $ 21,516,000    
Interest expense 5,589,000 6,036,000 6,242,000 5,776,000 5,571,000 4,604,000 12,981,000 18,398,000    
Net interest income 3,365,000 3,796,000 4,047,000 4,207,000 4,598,000 5,115,000 4,570,000 3,118,000 $ 15,413,842 $ 17,400,715
General and administrative fees                 (4,335,376) (4,006,774)
Unrealized gain (loss) on residential mortgage loans held in securitization trusts                 0 5,650,199
Net income $ 1,222,000 $ 2,158,000 $ 1,394,000 $ 1,475,000 $ 350,000 $ 4,353,000 $ (21,490,000) $ 11,315,000 $ 6,248,890 (5,471,462)
Residential mortgage loans                    
Variable Interest Entity [Line Items]                    
Interest income                   2,102,352
Interest expense                   1,685,971
Net interest income                   416,381
General and administrative fees                   (20,886)
Unrealized gain (loss) on residential mortgage loans held in securitization trusts                   5,650,199
Net income                   $ 6,045,694