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Debt	9 Months Ended
Debt	Jun. 30, 2012
Debt Disclosure [Abstract]
DEBT	NOTE 6 – DEBT During the nine months ended June 30, 2012, the Company entered into six mortgages totaling $40,333,000 in connection with the acquisitions of properties in Streetsboro, OH., Corpus Christi, TX., Lebanon, OH., Halfmoon, NY., Olive Branch, MS. and Oklahoma City, OK., described in Note No. 3 above. Subsequent to quarter end, the Company placed a mortgage on the property in Waco, TX for $5,800,000. On November 29, 2011, the Company closed on a $2,500,000 5-year term loan with Two River Community Bank (Two River) at an annual interest rate of 4.9%. The loan has interest only payments for the first three years. The loan is secured by the 200,000 shares of UMH 8.25% Series A preferred stock. The net proceeds were used to pay down the Company’s margin line. On December 15, 2011, the Company refinanced the existing mortgage on the Memphis, TN property with a balance of $9,432,309 at an interest rate of 6.25% due October 15, 2014. The new $9,900,000 mortgage, which matures on January 1, 2024, is at a fixed interest rate of 4.5%. On March 9, 2012, the Company closed on a $2,700,000 loan with The Bank of Princeton which matures on March 9, 2017. Interest is at a variable rate of prime plus 0.75% with a floor of 4.5%. The loan is secured by 615,065 shares of UMH common stock. The net proceeds were used to pay down the Company’s margin line. During the nine months ended June 30, 2012, the Company repaid the mortgages on the White Bear Lake, MN and Winston-Salem, NC properties totaling $4,830,107. During the nine months ended June 30, 2012, the Company repurchased at par $125,000 of its 8% Debentures which mature in 2015. As of June 30, 2012, the Company has outstanding $3,770,000 in Debentures due 2013 and $5,020,000 in Debentures due 2015. As of June 30, 2012, total loans payable of $5,200,000 consisted of $2,700,000 loan secured by UMH common stock with the Bank of Princeton and the $2,500,000 loan secured by UMH preferred stock with Two River. As of June 30, 2012 there was no amount outstanding under the Company’s $20,000,000 unsecured line of credit.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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