RESIDENTIAL MORTGAGE LOAN SECURITIZATION TRUSTS (Tables) (Residential mortgage loans [Member])

12 Months Ended

Dec. 31, 2014

Residential mortgage loans [Member]

Variable Interest Entity [Line Items]

Condensed Balance Sheet [Table Text Block]

The combined balance sheet of the residential mortgage loan securitization trusts at December 31, 2014:

Balance Sheet	December 31, 2014
Assets
Residential mortgage loans held in securitization trusts	$	631,446,984
Receivables		2,030,045
Total assets	$	633,447,029
Liabilities and Equity
Residential securitized debt obligations	$	502,900,040	(1)
Payables		1,662,660
	$	504,562,700
Equity		128,914,329
Total liabilities and equity	$	633,477,029

(1) Includes $70,864,063 of residential securitized debt obligations sold but not settled as of December 31, 2014.

Condensed Income Statement [Table Text Block]

The consolidated statements of operations of the residential mortgage loan securitization trusts at December 31, 2014 are as follows:

	For the period from
	date of consolidation to
Statements of Operation	December 31, 2014 *
Interest income	$	4,438,633
Interest expense		(3,575,168)
Net interest income	$	863,465
General and administrative fees		(44,267)
Unrealized gain (loss) on residential mortgage loans held in securitization trusts		3,059,647
Net Income	$	3,878,845

* The Company consolidated the first trust in October, 2014, and the second trust in December, 2014.

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

The geographic concentrations of credit risk exceeding 5% of the total loan balances related to the residential mortgage loan securitization trusts as of December 31, 2014:

	December 31, 2014
California	52.5	%
Washington	10.9	%
Massachussetts	7.3	%