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Shareholders' Equity (Details Textual) (USD $)
12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jan. 15, 2014
Dec. 31, 2013
Minimum [Member]
Dec. 31, 2013
Maximum [Member]
Oct. 31, 2012
8.25% Series A Cumulative Redeemable Preferred Stock [Member]
Apr. 30, 2012
8.25% Series A Cumulative Redeemable Preferred Stock [Member]
May 31, 2011
8.25% Series A Cumulative Redeemable Preferred Stock [Member]
Dec. 31, 2013
8.25% Series A Cumulative Redeemable Preferred Stock [Member]
Apr. 10, 2012
8.25% Series A Cumulative Redeemable Preferred Stock [Member]
May 31, 2011
Series A Preferred Stock [Member]
Dec. 31, 2013
Series A Preferred Stock [Member]
Shareholders Equity (Textual)                          
Discount rate on weighted average purchase price under dividend reinvestment plan 5.00%                        
Amount of optional cash payments         $ 500 $ 1,000              
Reinvestment of dividends 1,861,987 1,390,899 1,628,507                    
Preferred stock offering             1,250,000 1,075,000 1,338,800        
Preferred stock public offering price             $ 25.50       $ 25.292    
Rate of voting power more than 50                        
Preferred stock, par value $ 0.10 $ 0.10                     $ 0.10
Cumulative redeemable preferred stock, dividend rate, percentage                 8.25% 8.25%      
Annual rate on dividend per share payable quarterly             $ 0.344     $ 2.0625 $ 0.292    
Proceeds from Issuance of Preferred Stock, net of offering costs 0 56,996,101 31,854,328       30,600,000 25,700,000 31,854,328        
Amount of discount under underwriting activities             638,000 847,000 1,054,305        
Other expenses including legal and other professional fees             $ 258,000 $ 326,000 $ 561,367        
Stock issued to MREIC                       200,000  
Description of preferred stock dividend                      
Annual dividend of $2.0625 per share or 8.25% of the $25.00 per share liquidation value, is payable quarterly in arrears on March 15, June 15, September 15, and December 15
 
Preferred stock redemption date                         May 26, 2016
Description for redemption of preferred stock after redemption date                         On and after May 26, 2016, the Series A Preferred Stock will be redeemable at the Company's option for cash, in whole or, from time to time, in part, at a price per share equal to $25.00, plus all accrued and unpaid dividends (whether or not declared), if any, to, but not including, the redemption date, on each share of Series A Preferred Stock to be redeemed.
Description for voting right to holders of preferred stock                         Holders of the Series A Preferred Stock generally have no voting rights, except if the Company fails to pay dividends for six or more quarterly periods, whether or not consecutive, or with respect to certain specified events.
Number of share authorized to repurchase under Share Repurchase Program       10,000,000