XML 37 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Real Estate Assets Fair Value of Acquisition (Details) (USD $)
Sep. 30, 2012
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2011
Arboretum [Member]
Unit
Dec. 31, 2011
Eagle Village [Member]
Unit
Sep. 30, 2012
Maples on 97th [Member]
Aug. 30, 2012
Maples on 97th [Member]
Unit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]              
Number of Units in Real Estate Property       145 511   258
Other current assets           $ 44,534  
In-place lease assets           428,865  
Real estate assets 103,571,051   96,041,795     5,071,135  
Total assets 395,659,628   297,976,545     5,544,534  
Accounts payable, accrued expenses and other liabilities 3,660,766   3,231,360     69,120  
Partners' Capital 188,113,258 188,113,258 131,044,260     5,475,414  
Total Liabilities and Partners' Capital 395,659,628   297,976,545     5,544,534  
Mortgages payable 39,178,128   35,464,455   8,900,000    
Business Acquisition, Cost of Acquired Entity, Purchase Price             5,500,000
Real Estate Investment Property, Net       $ 20,000,000