CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Common Stock Issued	Preferred Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Undistributed Income (Accumulated Deficit)	Total
Balance at Dec. 31, 2008	$ 1,102,173		$ 49,958,681	$ (5,671,361)	$ (667,793)	$ 44,721,700
Balance (shares) at Dec. 31, 2008	11,021,734
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock Issued with the DRIP*	105,972		7,753,113			7,859,085
Common Stock Issued with the DRIP* (shares)	1,059,718
Distributions			(4,530,874)		(3,689,388)	(8,220,262)
Stock Compensation Expense			36,283			36,283
Net Income					3,689,388	3,689,388
Unrealized Net Holding Gain on Securities Available for Sale Net of Reclassification Adjustment				7,885,668		7,885,668
Balance at Dec. 31, 2009	1,208,145		53,217,203	2,214,307	(667,793)	55,971,862
Balance (shares) at Dec. 31, 2009	12,081,452
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock Issued with the DRIP*	156,018		14,010,342			14,166,360
Common Stock Issued with the DRIP* (shares)	1,560,173
Common Stock Issued through Restricted Stock Awards	6,000		(6,000)
Common Stock Issued through Restricted Stock Awards (shares)	60,000
Distributions			(2,547,547)		(6,668,915)	(9,216,462)
Stock Compensation Expense			101,004			101,004
Net Income					6,668,915	6,668,915
Unrealized Net Holding Gain on Securities Available for Sale Net of Reclassification Adjustment				4,236,074		4,236,074
Balance at Dec. 31, 2010	1,370,163		64,775,002	6,450,381	(667,793)	71,927,753
Balance (shares) at Dec. 31, 2010	13,701,625
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock Issued with the DRIP*	146,721		13,792,270			13,938,991
Common Stock Issued with the DRIP* (shares)	1,467,214
Common Stock Issued through Restricted Stock Awards	7,400		(7,400)
Common Stock Issued through Restricted Stock Awards (shares)	74,000
Common Stock Issued through Stock Options	1,000		74,600			75,600
Common Stock Issued through Stock Options (shares)	10,000
Preferred Stock Issued through direct Placement		33,470,000	(1,615,672)			31,854,328
Distributions			(8,225,433)		(3,696,263)	(11,921,696)
Stock Compensation Expense			295,042			295,042
Net Income					3,696,263	3,696,263
Unrealized Net Holding Gain on Securities Available for Sale Net of Reclassification Adjustment				(3,989,076)		(3,989,076)
Balance at Dec. 31, 2011	$ 1,525,284	$ 33,470,000	$ 69,088,409	$ 2,461,305	$ (667,793)	$ 105,877,205
Balance (shares) at Dec. 31, 2011	15,252,839