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Related Party Transactions (Tables)
 6 Months Ended
Jun. 30, 2017
Related Party Transactions [Abstract]  
Related party fees
Fees incurred during the three months and six months ended June 30, 2017 and 2016 were as follows:

  
For the Six Months Ended June 30,
  
For the Three Months
Ended June 30,
 
  
2017
  
2016
  
2017
  
2016
 
Management fees
 
$
3,005,100
  
$
2,436,500
  
$
1,498,300
  
$
1,172,500
 
Acquisition fees
  
641,900
   
-
   
421,400
   
-
 
Remarketing fees
  
51,100
   
58,800
   
-
   
58,800