CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Assets
Real estate assets, net	$ 55,031,125	$ 55,775,068
Cash and cash equivalents	2,506,811	2,911,640
Restricted cash	89,713	54,054
Investments in securities	1,452,173	1,473,950
Accounts receivable	100,324	157,607
Prepaid expenses and other assets	320,928	265,045
Intangible assets, net	33,183	317,140
Goodwill	694,121	694,121
Total assets	60,228,378	61,648,625
Liabilities and equity
Note payable	19,406,797	19,374,971
Accounts payable and accrued expenses	1,904,483	1,723,458
Total liabilities	21,311,280	21,098,429
Commitments and contingencies
Equity
Common stock, $0.01 par value, 19,900,000 shares authorized; 7,619,469 and 7,619,469 issued and outstanding at September 30, 2017 and December 31, 2016, respectively	76,195	76,195
Series A participating preferred stock, $0.01 par value, 100,000 shares authorized: zero shares issued and outstanding
Additional paid in capital	33,881,863	33,881,863
Accumulated comprehensive income	696,686	718,463
Retained earnings	4,262,354	5,873,675
Total equity	38,917,098	40,550,196
Total liabilities and equity	$ 60,228,378	$ 61,648,625