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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
CONSOLIDATED STATEMENTS OF INCOME (Unaudited)        
Interest income $ 42,139,576 $ 29,636,227 $ 110,132,866 $ 83,424,190
Other interest income, net       2,539,274
Interest expense 23,849,417 16,966,228 63,697,641 42,958,329
Net interest income 18,290,159 12,669,999 46,435,225 43,005,135
Other revenue:        
Gain on sales, including fee-based services, net 17,126,106 9,693,822 55,127,004 9,693,822
Mortgage servicing rights 18,897,239 15,968,067 56,181,638 15,968,067
Servicing revenue, net 8,520,111 5,885,884 19,922,901 5,885,884
Property operating income 2,668,055 2,960,940 8,754,518 12,719,027
Other income, net 777,656 359,546 (929,893) 663,977
Total other revenue 47,989,167 34,868,259 139,056,168 44,930,777
Other expenses:        
Employee compensation and benefits 25,194,433 14,216,679 66,860,581 22,856,433
Selling and administrative 7,606,936 5,903,031 23,135,750 10,277,844
Acquisition costs   6,406,258   10,261,902
Property operating expenses 2,582,745 2,819,004 7,842,571 10,991,823
Depreciation and amortization 1,829,016 1,808,765 5,541,991 3,129,410
Impairment loss on real estate owned     2,700,000 11,200,000
Provision for loss sharing (net of recoveries) (2,617,064) 1,316,862 (405,494) 1,316,862
Provision for loan losses (net of recoveries) 2,000,000 (54,000) (455,653) (24,995)
Management fee - related party   3,325,000 6,673,260 8,875,000
Total other expenses 36,596,066 35,741,599 111,893,006 78,884,279
Income before gain on extinguishment of debt, gain on sale of real estate, income from equity affiliates and provision for income taxes 29,683,260 11,796,659 73,598,387 9,051,633
Gain on extinguishment of debt     7,116,243  
Gain on sale of real estate       11,630,687
Income from equity affiliates 995,312 4,929,375 1,755,145 11,193,918
Provision for income taxes (6,708,000) (300,000) (16,244,000) (300,000)
Net income 23,970,572 16,426,034 66,225,775 31,576,238
Preferred stock dividends 1,888,430 1,888,430 5,665,290 5,665,290
Net income attributable to noncontrolling interest 5,661,184 3,649,432 16,596,415 3,649,432
Net income attributable to common stockholders $ 16,420,958 $ 10,888,172 $ 43,964,070 $ 22,261,516
Basic earnings per common share (in dollars per share) $ 0.27 $ 0.21 $ 0.78 $ 0.43
Diluted earnings per common share (in dollars per share) $ 0.26 $ 0.21 $ 0.77 $ 0.43
Weighted average shares outstanding:        
Basic (in shares) 61,582,796 51,390,467 56,602,504 51,272,795
Diluted (in shares) 83,918,117 70,271,796 78,942,919 51,627,550
Dividends declared per common share (in dollars per share) $ 0.18 $ 0.16 $ 0.53 $ 0.46