Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS (Details Narrative)

v3.5.0.2
SUBSEQUENT EVENTS (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Aug. 05, 2016
Aug. 02, 2016
Jul. 15, 2016
Jul. 14, 2016
Jul. 12, 2016
Mar. 29, 2016
Jul. 31, 2016
Jun. 30, 2016
Apr. 30, 2016
Jan. 31, 2016
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Subsequent Event [Line Items]                              
Dividends declared per share of common stock (in dollars per share)           $ 0.12         $ 0 $ 0.12 $ 0.12 $ 0.24  
Dividends paid                 $ 9,400,000            
Proceeds from transaction                         $ 745,865,000 $ 406,269,000  
FNMA/FHLMC                              
Subsequent Event [Line Items]                              
Face amount of securities sold               $ 353,600,000.0 347,500,000.0 $ 350,300,000.0          
Proceeds from transaction               373,100,000 364,300,000 361,300,000          
Repayments of repurchase agreements               $ 361,100,000 $ 352,000,000 $ 348,600,000          
Average price percentage - sold               105.50% 104.90% 103.20%          
FNMA/FHLMC 2                              
Subsequent Event [Line Items]                              
Average price percentage - purchases               105.70%   103.20%          
Proceeds from transaction               $ 453,100,000 $ 381,100,000 $ 105,900,000          
Investment owned               428,900,000.0 $ 363,100,000.0 102,700,000.0 $ 428,900,000.0   $ 428,900,000.0    
Average price percentage - sold                 105.00%            
Proceeds from securities purchased under agreements to resell               $ 434,900,000 $ 366,400,000 $ 102,200,000          
FNMA/FHLMC 3                              
Subsequent Event [Line Items]                              
Average price percentage - purchases                   103.20%          
Proceeds from transaction                   $ 258,100,000          
Investment owned                   250,100,000.0          
Proceeds from securities purchased under agreements to resell                   $ 249,100,000          
Series B Cumulative Redeemable Preferred Stock                              
Subsequent Event [Line Items]                              
Dividends declared per share of preferred stock (in dollars per share)           $ 0.609375                  
Preferred stock, dividend rate           9.75%             9.75%   9.75%
Series C Cumulative Redeemable Preferred Stock                              
Subsequent Event [Line Items]                              
Dividends declared per share of preferred stock (in dollars per share)           $ 0.503125                  
Preferred stock, dividend rate           8.05%             8.05%   8.05%
Series D Cumulative Redemable Preferred                              
Subsequent Event [Line Items]                              
Dividends declared per share of preferred stock (in dollars per share)           $ 0.523438                  
Preferred stock, dividend rate           8.375%             8.375%   8.375%
Subsequent Event                              
Subsequent Event [Line Items]                              
Dividends declared per share of common stock (in dollars per share)         $ 0.12                    
Dividends paid             $ 9,400,000                
Shares issued to independent directors (in shares)     21,798                        
Subsequent Event | FNMA/FHLMC                              
Subsequent Event [Line Items]                              
Face amount of securities sold       $ 353,600,000                      
Proceeds from transaction       373,100,000                      
Repayments of repurchase agreements       $ 361,100,000                      
Average price percentage - sold       105.50%                      
Subsequent Event | FNMA/FHLMC 2                              
Subsequent Event [Line Items]                              
Average price percentage - purchases       105.70%                      
Proceeds from transaction       $ 453,100,000                      
Investment owned       428,900,000.0                      
Proceeds from securities purchased under agreements to resell       $ 434,900,000                      
Subsequent Event | FNMA/FHLMC 3                              
Subsequent Event [Line Items]                              
Average price percentage - purchases   103.90%                          
Proceeds from transaction   $ 259,300,000                          
Investment owned   249,600,000.0                          
Proceeds from securities purchased under agreements to resell   $ 248,700,000                          
Subsequent Event | FNMA/FHLMC 4                              
Subsequent Event [Line Items]                              
Average price percentage - purchases 105.70%                            
Proceeds from transaction $ 123,500,000                            
Investment owned 116,800,000.0                            
Proceeds from securities purchased under agreements to resell $ 118,600,000                            
Subsequent Event | Series B Cumulative Redeemable Preferred Stock                              
Subsequent Event [Line Items]                              
Dividends declared per share of preferred stock (in dollars per share)         $ 0.609375                    
Preferred stock, dividend rate         9.75%                    
Subsequent Event | Series C Cumulative Redeemable Preferred Stock                              
Subsequent Event [Line Items]                              
Dividends declared per share of preferred stock (in dollars per share)         $ 0.503125                    
Preferred stock, dividend rate         8.05%                    
Subsequent Event | Series D Cumulative Redemable Preferred                              
Subsequent Event [Line Items]                              
Dividends declared per share of preferred stock (in dollars per share)         $ 0.523438                    
Preferred stock, dividend rate         8.375%