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SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Consolidated Statements of Comprehensive Income      
Net Income $ 18,400,822 $ 88,049,972  
Unrealized gain (loss) on real estate securities, available for sale 15,603,903 987,756  
Total Other Comprehensive Income (loss) 13,795,088 (1,577,137) (20,361,285)
Comprehensive Income 32,195,910 86,472,835  
Comprehensive Income Net of Tax Including Noncontrolling Interest in Operating Partnership 32,387,430 86,445,591  
As Originally Reported
     
Consolidated Statements of Comprehensive Income      
Net Income   90,334,781  
Unrealized gain (loss) on real estate securities, available for sale   737,856  
Total Other Comprehensive Income (loss)   (1,827,037)  
Comprehensive Income   88,507,744  
Comprehensive Income Net of Tax Including Noncontrolling Interest in Operating Partnership   88,480,500  
Adjustments
     
Consolidated Statements of Comprehensive Income      
Net Income   (2,284,809)  
Unrealized gain (loss) on real estate securities, available for sale   249,900  
Total Other Comprehensive Income (loss)   249,900  
Comprehensive Income   (2,034,909)  
Comprehensive Income Net of Tax Including Noncontrolling Interest in Operating Partnership   $ (2,034,909)