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Subsequent Events (Details Narrative) - USD ($)
6 Months Ended
Aug. 02, 2017
Jul. 31, 2017
Jul. 27, 2017
Jul. 26, 2017
Jun. 15, 2017
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Proceeds from issuance of offering           $ 22,527,507 $ 0  
Net proceeds from issuance of shares           $ 0 $ 49,120,853  
Common stock shares authorized           85,000,000   75,000,000
Excess stock, shares authorized           3,000,000   3,000,000
Preferred stock redemption amount           $ 91,595,000   $ 91,595,000
Mortgage loan           311,303,776   $ 293,025,592
Lines of credit paid down           $ 35,000,000    
6.75% Series C Cumulative Redeemable Preferred Stock [Member]                
Excess stock, shares authorized           3,000,000    
Series C Preferred Stock [Member]                
Preferred stock, redemption price per share           $ 25.00    
Number of stock sold during period           5,000,000    
Common stock shares authorized           110,000,000    
Series C Preferred Stock [Member] | Maryland State Department of Assessments and Taxation [Member]                
Increase in authorized number of shares           30,750,000    
Excess stock, shares authorized           95,663,800    
8.25% Series A Cumulative Redeemable Preferred Stock [Member]                
Record date of dividend         May 15, 2017      
8.0% Series B Cumulative Redeemable Preferred Stock [Member]                
Excess stock, shares authorized           3,000,000    
Record date of dividend         May 15, 2017      
Subsequent Event [Member]                
Mortgage loan     $ 1,200,000          
Maturity date     Aug. 31, 2017          
Lines of credit paid down   $ 35,000,000            
Subsequent Event [Member] | 6.75% Series C Cumulative Redeemable Preferred Stock [Member]                
Cumulative redeemable preferred stock, shares issued       5,000,000        
Preferred stock, redemption price per share       $ 25.00        
Number of stock sold during period       5,000,000        
Proceeds from issuance of offering       $ 120,800,000        
Cumulative redeemable preferred stock, shares authorized       5,750,000        
Excess stock, shares authorized       3,000,000        
Subsequent Event [Member] | Series C Preferred Stock [Member]                
Exercised overallotment option and purchased additional shares 750,000              
Net proceeds from issuance of shares $ 18,200,000              
Subsequent Event [Member] | Series C Preferred Stock [Member] | Maryland State Department of Assessments and Taxation [Member]                
Increase in authorized number of shares       30,750,000        
Reclassification of common stock shares       5,750,000        
Subsequent Event [Member] | 8.25% Series A Cumulative Redeemable Preferred Stock [Member]                
Preferred stock, redemption price per share   $ 25.00            
Common stock shares authorized       110,000,000        
Cumulative redeemable preferred stock, shares authorized   3,663,800            
Preferred stock redemption amount   $ 91,595,000            
Dividend paid date   Sep. 15, 2017            
Record date of dividend   Aug. 15, 2017            
Subsequent Event [Member] | 8.0% Series B Cumulative Redeemable Preferred Stock [Member]                
Cumulative redeemable preferred stock, shares authorized       4,000,000