SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Jun. 30, 2015	Sep. 30, 2015	Dec. 31, 2015		Dec. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies [Line Items]
Available-for-sale Securities, Total	$ 462,558,886	$ 491,584,595	$ 491,584,595	$ 462,558,886	$ 571,466,581		$ 368,315,738
Common Stock, Shares Authorized	450,000,000	450,000,000	450,000,000	450,000,000	450,000,000		450,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01		$ 0.01
Common Stock, Shares, Issued	14,724,750	14,724,750	14,724,750	14,724,750	14,656,394		14,718,750
Common Stock, Shares, Outstanding	14,724,750	14,724,750	14,724,750	14,724,750	14,656,394		14,718,750
Preferred Stock, Shares Authorized	50,000,000	50,000,000	50,000,000	50,000,000	50,000,000		50,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01		$ 0.01
Preferred Stock, Shares Issued	1,610,000	1,610,000	1,610,000	1,610,000	1,610,000		1,610,000
Preferred Stock, Shares Outstanding	1,610,000	1,610,000	1,610,000	1,610,000	1,610,000		1,610,000
Stock Repurchase Program, Authorized Amount					$ 10,000,000
Treasury Stock, Shares, Acquired					68,356
Gain (Loss) on Sale of Mortgage Loans	$ 539,456	$ (594,542)	$ (43,159)	$ 496,297	$ (197,179)		$ 329,728	$ 0
Non Agency RMBS [Member]
Summary Of Significant Accounting Policies [Line Items]
Available-for-sale Securities, Total					92,107,727	[1]	53,485,053
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount					30,383,343		0
Multi Family MBS [Member]
Summary Of Significant Accounting Policies [Line Items]
Available-for-sale Securities, Total					104,025,797		$ 0
Residential Mortgage [Member]
Summary Of Significant Accounting Policies [Line Items]
Debt Instrument, Face Amount					$ 518,455,163

[1] Non-Agency AFS does not include interest-only securities with a notional amount of $428,230,275 book value of $7,815,919 unrealized loss of $1,041,649 and a fair value of $6,774,271.