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Equity, Accumulated Other Comprehensive Loss (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Accumulated Other Comprehensive Loss      
Accumulated other comprehensive loss $ 4,840,950 $ 14,668,250  
Net unrealized losses on derivatives designated as cash flow hedges, net of deferred losses on terminated interest swaps 4,700,000 13,900,000  
Deferred losses on terminated interest swaps 600,000 1,100,000  
Unrealized gain related to available-for-sale securities 400,000 (300,000)  
Income attributable to noncontrolling interest     $ 100,000
Distributions attributable to noncontrolling interest     $ 2,055,972
Interest Expense      
Accumulated Other Comprehensive Loss      
Net realized losses on derivatives designated as cash flow hedges (6,149,090) (10,706,246)  
Loss on Termination of Swaps      
Accumulated Other Comprehensive Loss      
Net realized losses on derivatives designated as cash flow hedges $ (4,626,192)    
Other Income | Residential mortgage-backed security (RMBS)      
Accumulated Other Comprehensive Loss      
Net realized gain on sale of available-for-sale investments   $ 431,476