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Organization and Accounting Policies (Details Narrative)
12 Months Ended
Sep. 30, 2016
USD ($)
ft²
Properties
shares
Sep. 30, 2015
USD ($)
Properties
shares
Sep. 30, 2014
USD ($)
shares
Number of real estate properties owned | Properties 99 91  
REIT investment securities, description The Company holds a portfolio of REIT securities which the Company generally limits to no more than approximately 10% of its undepreciated assets (which is the Company’s total assets excluding accumulated depreciation).    
Estimated useful life of buildings and improvements 39 years    
Weighted-average amortization period upon acquisition for intangible assets 12 years 13 years 14 years
Amortization expense related to deferred leasing and financing costs $ 2,072,120 $ 2,042,520 $ 1,231,222
Amortization expense for existing intangible assets in year 2017 960,000    
Amortization expense for existing intangible assets in year 2018 909,000    
Amortization expense for existing intangible assets in year 2019 866,000    
Amortization expense for existing intangible assets in year 2020 730,000    
Amortization expense for existing intangible assets in year 2021 $ 718,000    
Lease termination income description Company’s ninety-nine properties, only three leases, representing 1.3% of the Company’s gross leasable area, contain an early termination provision, which are as follows: the Company’s lease with its tenant at its 26,340 square foot location in Ridgeland (Jackson), MS, the Company’s lease with its tenant at its 83,000 square foot location in Roanoke, VA and the Company’s lease with its tenant at its 102,135 square foot location in O’Fallon (St. Louis), MO.    
Common stock equivalents included in the diluted weighted average shares outstanding | shares 89,720 115,408 95,112
Stock based compensation expense $ 926,465 $ 448,895 $ 347,002
Portion of income which is not taxable, description The Company will not be taxed on the portion of its income which is distributed to shareholders, provided it distributes at least 90% of its taxable income, has at least 75% of its assets in real estate investments    
Percentage of taxable income 90.00%    
Percentage of assets in real estate investments 75.00%    
Employee Stock Option [Member]      
Number of antidilutive options to purchase shares | shares 0 65,000 65,000
Ridgeland (Jackson), MS [Member]      
Total square foot of property | ft² 26,340    
Roanoke, VA [Member]      
Total square foot of property | ft² 83,000    
O'Fallon (St. Louis) MO [Member]      
Total square foot of property | ft² 102,135    
Minimum [Member]      
Estimated useful life of buildings and improvements 5 years    
Maximum [Member]      
Estimated useful life of buildings and improvements 39 years    
Fair value of security cost percentage 20.00%    
PalmerTerraceRealtyAssociatesLLC [Member]      
Majority ownership percentage owned 51.00%    
Ownership percentage by noncontrolling owners 49.00%    
Capitalized Lease Costs And Financing Costs [Member]      
Amortization expense for existing intangible assets in year 2017 $ 1,936,000    
Amortization expense for existing intangible assets in year 2018 1,743,000    
Amortization expense for existing intangible assets in year 2019 1,550,000    
Amortization expense for existing intangible assets in year 2020 1,009,000    
Amortization expense for existing intangible assets in year 2021 $ 931,000