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Consolidated Statement of Operations (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Rental revenues and net gain on investments:    
Rental revenues $ 69,000 $ 0
Net unrealized gain on mortgage loans 65,130,000 1,128,000
Net realized gain on mortgage loans 9,321,000 387,000
Total revenues 74,520,000 1,515,000
Expenses:    
Residential property operating expenses 1,050,000 0
Real estate depreciation and amortization 48,000 0
Mortgage loan servicing costs 11,437,000 392,000
Interest expense 5,708,000 42,000
General and administrative 5,955,000 2,698,000
Related party general and administrative 923,000 207,000
Total expenses 25,121,000 3,339,000
Other income 108,000 0
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest 49,507,000  
Net income (loss) before income taxes 48,741,000 (1,824,000)
Income Tax Expense (Benefit) 766,000 0
Net (income) loss attributable to noncontrolling interest in consolidated affiliate (41,913,000) 984,000
Net income (loss) attributable to common stockholders $ 6,828,000 $ (840,000)
Loss per share of common stock - basic: [Abstract]    
Loss per basic share, in USD per share $ 2.88 $ (0.36)
Weighted Average Number of Shares Outstanding, Basic 2,367,202 2,343,213
Loss per share of common stock - diluted: [Abstract]    
Loss per diluted share, in USD per share $ 2.39 $ (0.36)
Weighted Average Number of Shares Outstanding, Diluted 2,856,079 2,343,213