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Shareholders' Equity (Details Narrative) - USD ($)
6 Months Ended
Jun. 15, 2017
Jun. 05, 2017
May 15, 2017
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Proceeds from issuance of offering       $ 22,527,507 $ 0  
Proceed from dividend reinvestment and stock purchase plan (DRIP)       1,386,320 1,109,078  
Preferred stock redemption amount       91,595,000   $ 91,595,000
Net proceeds from issuance of shares       $ 0 $ 49,120,853  
Common stock shares authorized       85,000,000   75,000,000
Excess stock, shares authorized       3,000,000   3,000,000
DRIP [Member]            
New shares issued under DRIP, value       $ 30,045,558    
New shares issued under DRIP       2,062,546    
Common Stock [Member]            
Proceed from dividend reinvestment and stock purchase plan (DRIP)       $ 1,386,320    
Common Stock [Member] | Maryland State Department of Assessments and Taxation [Member]            
Excess stock, shares authorized       85,000,000    
8.25% Series A Cumulative Redeemable Preferred Stock [Member]            
Dividends paid $ 1,889,147     $ 3,778,294    
Dividend declared per share, paid $ 0.515625          
Annual rate on dividend per share payable quarterly $ 2.0625          
Record date of dividend May 15, 2017          
Cumulative redeemable preferred stock percentage 8.25%          
Preferred Stock, Liquidation Preference Per Share $ 25.00          
Cumulative redeemable preferred stock, authorized       3,663,800    
8.25% Series A Cumulative Redeemable Preferred Stock [Member] | Maximum [Member]            
Common stock shares authorized       115,750,000    
8.0% Series B Cumulative Redeemable Preferred Stock [Member]            
Dividends paid $ 1,900,600     $ 3,801,200    
Dividend declared per share, paid $ 0.50          
Annual rate on dividend per share payable quarterly $ 2.00          
Record date of dividend May 15, 2017          
Cumulative redeemable preferred stock percentage 8.00%          
Preferred Stock, Liquidation Preference Per Share $ 25.00          
Cumulative redeemable preferred stock, authorized       4,000,000    
Excess stock, shares authorized       3,000,000    
8.0% Series B Cumulative Redeemable Preferred Stock [Member] | Maximum [Member]            
Cumulative redeemable preferred stock, authorized       4,000,000    
Excess stock, shares authorized       3,000,000    
6.75% Series C Cumulative Redeemable Preferred Stock [Member]            
Cumulative redeemable preferred stock, authorized       5,750,000    
Excess stock, shares authorized       3,000,000    
Series A Cumulative Redeemable Preferred Stock[Member]            
Cumulative redeemable preferred stock, authorized       3,663,800    
Cumulative redeemable preferred stock, shares issued       3,663,800   3,663,800
Preferred stock, shares outstanding       3,663,800   3,663,800
Preferred stock par value       $ 0.10   $ 0.10
Series C Preferred Stock [Member]            
Number of stock sold during period       5,000,000    
Preferred stock, redemption price per share       $ 25.00    
Preferred stock par value       $ 0.10    
Common stock shares authorized       110,000,000    
Series C Preferred Stock [Member] | Maryland State Department of Assessments and Taxation [Member]            
Increase in authorized number of shares       30,750,000    
Excess stock, shares authorized       95,663,800    
Series C Preferred Stock [Member] | Maryland State Department of Assessments and Taxation [Member] | Maximum [Member]            
Increase in authorized number of shares       126,413,800    
8.0% Series B Cumulative Redeemable Preferred Stock One [Member]            
Cumulative redeemable preferred stock, authorized       4,000,000    
July 3, 2017 [Member] | 8.25% Series A Cumulative Redeemable Preferred Stock [Member]            
Dividend declared per share, paid       $ 0.515625    
Dividend paid date       Sep. 15, 2017    
Record date of dividend       Aug. 15, 2017    
July 3, 2017 [Member] | 8.0% Series B Cumulative Redeemable Preferred Stock [Member]            
Dividend declared per share, paid       $ 0.50    
Dividend paid date       Sep. 15, 2017    
Record date of dividend       Aug. 15, 2017    
July 31, 2017 [Member] | 8.25% Series A Cumulative Redeemable Preferred Stock [Member]            
Cumulative redeemable preferred stock percentage       8.25%    
Cumulative redeemable preferred stock, authorized       3,663,800    
Preferred stock, redemption price per share       $ 25.00    
Preferred stock redemption amount       $ 91,595,000    
July 26, 2017 [Member] | 6.75% Series C Cumulative Redeemable Preferred Stock [Member]            
Number of stock sold during period       5,000,000    
Proceeds from issuance of offering       $ 120,800,000    
Annual rate on dividend per share payable quarterly       $ 1.6875    
Dividend paid date       Sep. 15, 2017    
Record date of dividend       Aug. 31, 2017    
Preferred stock, redemption price per share       $ 25.00    
Cumulative redeemable preferred stock, shares issued       5,000,000    
Description of preferred stock dividend       annual rate of $1.6875 per share and will be payable quarterly in arrears on March 15, June 15, September 15, and December 15.    
August 2, 2017 [Member] | 6.75% Series C Cumulative Redeemable Preferred Stock [Member]            
Exercised overallotment option and purchased additional shares       750,000    
Net proceeds from issuance of shares       $ 18,200,000    
Common Stock [Member]            
Number of stock sold during period   1,400,000        
Sale of stock price per share   $ 16.60        
Proceeds from issuance of offering   $ 22,500,000        
Common Stock [Member] | July 3, 2017 [Member]            
Annual rate on dividend per share payable quarterly       $ 0.18    
Dividend paid date       Sep. 15, 2017    
Record date of dividend       Aug. 15, 2017    
Common Stock [Member] | Common Shareholders [Member]            
Dividends paid $ 5,700,036     $ 11,116,863    
Dividend declared per share, paid $ 0.18          
Proceed from dividend reinvestment and stock purchase plan (DRIP)     $ 704,817 $ 1,386,320