XML 55 R27.htm IDEA: XBRL DOCUMENT v3.2.0.727
Real Estate Transactions (Acquisitions of Properties) (Details)
6 Months Ended
Jun. 30, 2015
USD ($)
Properties
Dec. 31, 2014
USD ($)
Real Estate Properties [Line Items]    
Promissory note issued for property acquired [1] $ 108,615,615 $ 106,966,774
Residential Properties [Member]    
Real Estate Properties [Line Items]    
Number of properties | Properties 63  
Residential Properties [Member] | Seventeen Dubos Model Homes [Member]    
Real Estate Properties [Line Items]    
Number of properties | Properties 17  
Purchase price of property acquired $ 5,700,000  
Cash payment for the properties acquired 2,300,000  
Promissory note issued for property acquired 3,400,000  
Allocated Purchase Price of Properties Acquired [Abstract]    
Land 797,000  
Buildings and other 4,923,000  
Total purchase price $ 5,720,000  
[1] Each Model Home has a standalone mortgage note at interest rates ranging from 4.9% to 5.8% (at June 30, 2015).