XML 56 R42.htm IDEA: XBRL DOCUMENT v3.3.1.900
Real Estate Held For Sale and Discontinued Operations (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]    
Disposal Group, Including Discontinued Operation, Real Estate Assets, Net   $ 29,107,675
Disposal Group, Including Discontinued Operation, Liabilities, Total   16,932,524
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]    
Gain (loss) on the sale of real estate $ 4,730,398 (156,651)
Income from discontinued operations 4,599,023 5,707
Sparkys Self-Storage Portfolio, Disposal Group [Member]    
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]    
Disposal Group, Including Discontinued Operation, Real Estate Assets, Gross   32,637,520
Disposal Group, Including Discontinued Operation, Real Estate Assets, Accumulated Depreciation   (3,529,845)
Disposal Group, Including Discontinued Operation, Real Estate Assets, Net   29,107,675
Disposal Group, Including Discontinued Operation, Other Assets   895,831
Disposal Group, Including Discontinued Operation, Assets, Total   30,003,506
Disposal Group, Including Discontinued Operation, Mortgage Notes Payable   16,932,524
Disposal Group, Including Discontinued Operation, Other Liabilities   508,955
Disposal Group, Including Discontinued Operation, Liabilities, Total   17,423,479
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]    
Disposal Group, Including Discontinued Operation, Rental Income 940,048 3,080,387
Disposal Group, Including Discontinued Operation, Other Income 112,218 348,116
Disposal Group, Including Discontinued Operation, Operating Expense (595,832) (1,716,379)
Disposal Group, Including Discontinued Operation, Depreciation (165,646) (666,119)
Disposal Group, Including Discontinued Operation, Interest Expense (422,163) (883,647)
Gain (loss) on the sale of real estate 4,730,398 (156,651)
Income from discontinued operations $ 4,599,023 $ 5,707