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Securities Available for Sale (Details Textual) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Securities Available for Sale (Textual)          
Common stock shares purchased of Monmouth Real Estate Investment Corporation     92,232    
Common stock value purchased from Monmouth Real Estate Investment Corporation     $ 857,927    
Company owns total number of shares in MREIC     1,967,378    
Cost of securities sold     6,225,975    
Gain on sale of available for securities 57,346 112,915 1,272,803 3,793,925  
Purchase of Securities Available for Sale     7,880,763 15,041,535  
Total net unrealized gains in REIT securities portfolio     2,574,129    
Weighted average cost per shares     $ 9.30    
Cost of common stock owned by the Company for MREIC shares     16,349,402    
Fair Value of common stock owned by the Company for MREIC shares     19,909,869    
Available for sale securities $ 62,367,121   $ 62,367,121   $ 59,254,942
Preferred Stock [Member]
         
Securities Available for Sale (Textual)          
Fair value investments entities that calculate net asset value per share percent equity securities 34.00%   34.00%    
Common Stock [Member]
         
Securities Available for Sale (Textual)          
Fair value investments entities that calculate net asset value per share percent equity securities 66.00%   66.00%