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Mortgages Payable (Tables)
9 Months Ended
Sep. 30, 2012
Mortgages Payable [Abstract]  
Schedule of Maturities of Long-term Debt [Table Text Block]
The Company’s debt financing as of September 30, 2012, contractually matures over the next five years and thereafter as follows: 
2012
 
$
10,201,000

2013
 
50,004,000

2014
 
1,083,000

2015
 
1,139,000

2016
 
1,192,000

Thereafter
 
89,565,000

Total
 
$
153,184,000

The Company’s mortgages payable as of September 30, 2012, contractually mature over the next five years and thereafter as follows:
2012
 
$
12,999

2013
 
30,678,745

2014
 

2015
 
6,486,354

2016
 

Thereafter
 
2,000,030

Total
 
$
39,178,128