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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Mortgage Backed Securities At Fair Value [Abstract]    
Pledged to counterparties $ 204,728,276 $ 209,269,791
Unpledged 100,670 422,341
Total mortgage-backed securities 204,828,946 209,692,132
Cash and cash equivalents 4,976,440 6,103,250
Restricted cash 908,530 2,649,610
Orchid Island Capital, Inc. common stock, at fair value 11,202,665 14,105,934
Retained interests in securitizations 271,738 653,380
Accrued interest receivable 739,221 746,121
Property and equipment, net 3,355,256 3,359,312
Deferred tax assets, net 45,421,066 44,524,584
Other assets 3,265,193 2,754,474
Total Assets 274,969,055 284,588,797
Liabilities    
Outstanding repurchase obligations 193,819,649 200,182,751
Junior subordinated notes due to Bimini Capital Trust II 26,804,440 26,804,440
Accrued interest payable 178,976 346,444
Other Liabilities 1,544,642 1,562,914
Total Liabilities 222,347,707 228,896,549
Stockholders' Equity    
Preferred stock 0 0
Common stock 12,808 12,725
Additional paid in capital 335,081,562 334,878,779
Accumulated deficit (282,473,022) (279,199,256)
Stockholders Equity 52,621,348 55,692,248
Total Liabilities and Stockholders' Equity 274,969,055 284,588,797
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock 12,744 12,661
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock 32 32
Class C Common Stock [Member]    
Stockholders' Equity    
Common stock 32 32
Residential Mortgage Backed Securities [Member]    
Mortgage Backed Securities At Fair Value [Abstract]    
Pledged to counterparties 204,728,276 209,269,791
Unpledged 100,670 422,341
Total mortgage-backed securities $ 204,828,946 $ 209,692,132