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Real Estate Assets Variable Interest Entities (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Property, Plant and Equipment [Line Items]      
Depreciation $ 5,171,703 $ 4,029,711 $ 3,135,155
Land and land improvements 11,081,992 11,202,876  
Buildings and improvements 111,195,695 93,615,479  
Carrying Value 122,277,687 104,818,355  
VIE Property, Plant and Equipment, Gross 22,778,839 42,243,195  
Accumulated Depreciation - VIES (9,741,942) (13,871,102)  
VIE Property Property, Plant and Equipment, Net 13,036,897 28,372,093  
Bent Tree [Member]
     
Property, Plant and Equipment [Line Items]      
Number of Units 232 232  
Land and land improvements 986,000 986,000  
Buildings and improvements 12,097,419 11,877,333  
Carrying Value 13,083,419 12,863,333  
Fairmont Oaks [Member]
     
Property, Plant and Equipment [Line Items]      
Number of Units 178 178  
Land and land improvements 850,400 850,400  
Buildings and improvements 8,845,020 8,713,038  
Carrying Value 9,695,420 9,563,438  
Lake Forest [Member]
     
Property, Plant and Equipment [Line Items]      
Number of Units   240  
Land and land improvements   1,413,644  
Buildings and improvements   11,336,010  
Carrying Value   12,749,654  
Maples on 97th [Member]
     
Property, Plant and Equipment [Line Items]      
Number of Units   258  
Land and land improvements   1,154,425  
Buildings and improvements   5,912,345  
Carrying Value   $ 7,066,770