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DERIVATIVE INSTRUMENTS HEDGING AND NON-HEDGING ACTIVITIES (Details Textual) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Derivative [Line Items]    
Accrued interest receivable $ 10,962,663us-gaap_InterestReceivable $ 1,045,191us-gaap_InterestReceivable
Accrued interest payable 8,238,924us-gaap_InterestPayableCurrentAndNoncurrent 274,615us-gaap_InterestPayableCurrentAndNoncurrent
Interest Income (Expense), Net, Total 17,971,303us-gaap_InterestIncomeExpenseNet 14,180,008us-gaap_InterestIncomeExpenseNet
Investment Income, Interest 11,854,700us-gaap_InvestmentIncomeInterest 14,436,966us-gaap_InvestmentIncomeInterest
Swap [Member]    
Derivative [Line Items]    
Interest Income (Expense), Net, Total 3,495,232us-gaap_InterestIncomeExpenseNet
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
1,724,725us-gaap_InterestIncomeExpenseNet
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
Interest Expense 3,329,219us-gaap_InterestExpense
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
1,414,578us-gaap_InterestExpense
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
Investment Income, Interest 166,013us-gaap_InvestmentIncomeInterest
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
310,147us-gaap_InvestmentIncomeInterest
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
Linked Tansactions [Member]    
Derivative [Line Items]    
Accrued interest receivable 163,972us-gaap_InterestReceivable
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= oaks_LinkedTansactionsMember
 
Accrued interest payable $ 291,518us-gaap_InterestPayableCurrentAndNoncurrent
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= oaks_LinkedTansactionsMember