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Consolidated Statements of Shareholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Undistributed Income (Accumulated Deficit) [Member]
Series A Cumulative Redeemable Preferred Stock [Member]
Series B Cumulative Redeemable Preferred Stock [Member]
Series C Cumulative Redeemable Preferred Stock [Member]
Series D Cumulative Redeemable Preferred Stock [Member]
Total
Balance at Dec. 31, 2015 $ 2,708,684 $ 109,629,260 $ (2,056,726) $ (667,793) $ 91,595,000 $ 45,030,000 $ 0 $ 0 $ 246,238,425
Balance, shares at Dec. 31, 2015 27,086,838                
Common Stock Issued with the DRIP [1] $ 196,613 22,204,332 0 0 0 0 0 0 22,400,945
Common Stock Issued with the DRIP, shares [1] 1,966,133                
Common Stock Issued through Restricted Stock Awards $ 6,050 (6,050) 0 0 0 0 0 0 0
Common Stock Issued through Restricted Stock Awards, shares 60,500                
Common Stock Issued through Stock Options $ 27,750 2,457,310 0 0 0 0 0 0 2,485,060
Common Stock Issued through Stock Options, shares 277,500                
Cancellation of Shares Due to Restricted Stock Forfeitures $ (216) 216 0 0 0 0 0 0 0
Cancellation of Shares Due to Restricted Stock Forfeitures, shares (2,160)                
Preferred Stock Issued through Registered Direct Placement, net $ 0 (879,147) 0 0 0 50,000,000 0 0 49,120,853
Distributions 0 (23,047,908) 0 (11,534,559) 0 0 0 0 (34,582,467)
Stock Compensation Expense 0 1,064,678 0 0 0 0 0 0 1,064,678
Net Income (Loss) 0 0 0 11,534,559 0 0 0 0 11,534,559
Unrealized Net Holding Gain on Securities Available for Sale, Net of Reclassification Adjustment 0 0 18,772,197 0 0 0 0 0 18,772,197
Interest Rate Swaps 0 0 (2,283) 0 0 0 0 0 (2,283)
Balance at Dec. 31, 2016 $ 2,938,881 111,422,691 16,713,188 (667,793) 91,595,000 95,030,000 0 0 317,031,967
Balance, shares at Dec. 31, 2016 29,388,811                
Common Stock Issued with the DRIP [1] $ 409,536 59,955,654 0 0 0 0 0 0 60,365,190
Common Stock Issued with the DRIP, shares [1] 4,095,357                
Common Stock Issued through Restricted Stock Awards $ 5,600 (5,600) 0 0 0 0 0 0 0
Common Stock Issued through Restricted Stock Awards, shares 56,000                
Common Stock Issued through Stock Options $ 54,790 5,380,844 0 0 0 0 0 0 5,435,634
Common Stock Issued through Stock Options, shares 547,900                
Common Stock Issued through Registered Direct Placement, net $ 140,000 22,378,238 0 0 0 0 0 0 22,518,238
Common Stock Issued through Registered Direct Placement, net, shares 1,400,000                
Preferred Stock Issued through Underwritten Registered Public Offering, net $ 0 (4,774,153) 0 0 0 0 143,750,000 0 138,975,847
Preferred Stock Called for Redemption 0 3,488,159 0 (3,488,159) (91,595,000) 0 0 0 (91,595,000)
Distributions 0 (31,125,456) 0 (9,179,875) 0 0 0 0 (40,305,331)
Stock Compensation Expense 0 1,314,491 0 0 0 0 0 0 1,314,491
Net Income (Loss) 0 0 0 12,668,034 0 0 0 0 12,668,034
Unrealized Net Holding Gain on Securities Available for Sale, Net of Reclassification Adjustment 0 0 (5,197,589) 0 0 0 0 0 (5,197,589)
Interest Rate Swaps 0 0 3,983 0 0 0 0 0 3,983
Balance at Dec. 31, 2017 $ 3,548,807 168,034,868 11,519,582 (667,793) 0 95,030,000 143,750,000 0 421,215,464
Balance, shares at Dec. 31, 2017 35,488,068                
Common Stock Issued with the DRIP [1] $ 265,484 34,848,229 0 0 0 0 0 0 35,113,713
Common Stock Issued with the DRIP, shares [1] 2,654,846                
Common Stock Issued through Restricted Stock Awards $ 4,900 (4,900) 0 0 0 0 0 0 0
Common Stock Issued through Restricted Stock Awards, shares 49,000                
Common Stock Issued through Stock Options $ 12,850 1,372,150 0 0 0 0 0 0 1,385,000
Common Stock Issued through Stock Options, shares 128,500                
Preferred Stock Issued through Underwritten Registered Public Offering, net $ 0 (1,752,720) 0 0 0 0 0 50,000,000 48,247,280
Distributions 0 (46,660,956) 0 0 0 0 0 0 (46,660,956)
Stock Compensation Expense 0 1,613,110 0 0 0 0 0 0 1,613,110
Net Income (Loss) 0 0 0 (36,215,571) 0 0 0 0 (36,215,571)
Unrealized Net Holding Gain on Securities Available for Sale, Net of Reclassification Adjustment 0 0 (11,519,582) 11,519,582 0 0 0 0 0
Interest Rate Swaps                 0
Balance at Dec. 31, 2018 $ 3,832,041 $ 157,449,781 $ 0 $ (25,363,782) $ 0 $ 95,030,000 $ 143,750,000 $ 50,000,000 $ 424,698,040
Balance, shares at Dec. 31, 2018 38,320,414                
[1] Dividend Reinvestment and Stock Purchase Plan.