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AVAILABLE-FOR-SALE SECURITIES - AFS Securities by Collateral Type (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale securities [1] $ 1,290,825,648 $ 870,929,601
Agency    
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale securities 1,285,083,648 790,190,233
Agency | Federal Home Loan Mortgage Corporation    
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale securities 530,640,091 326,958,046
Agency | Federal National Mortgage Association    
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale securities 754,443,557 463,232,187
Non-Agency    
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale securities 0 7,592,802
Multi-Family    
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale securities $ 5,742,000 $ 73,146,566
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIE's) as the Company is the primary beneficiary of these VIEs. As of December 31, 2017 and December 31, 2016, assets of consolidated VIEs totaled $1,255,404,335 and $1,369,120,941, respectively, and the liabilities of consolidated VIEs totaled $1,228,295,517 and $1,344,404,080, respectively