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Marketable Securities - Summary of Marketable Securities (Details) - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Cost $ 139,751,550 $ 121,444,694
Market Value $ 99,595,736 $ 132,964,276
CBL & Associates Properties, Inc Preferred Stock Series D [Member]    
Interest Rate 7.375% 7.375%
Number of Shares 2,000 2,000
Cost $ 50,269 $ 50,269
Market Value $ 21,160 $ 43,720
CBL & Associates Properties, Inc Preferred Stock Series E [Member]    
Interest Rate 6.625% 6.625%
Number of Shares 62,724 62,724
Cost $ 1,487,145 $ 1,487,145
Market Value $ 599,641 $ 1,383,064
Cedar Realty Trust, Inc Preferred Stock Series B [Member]    
Interest Rate 7.25% 7.25%
Number of Shares 8,111 18,269
Cost $ 188,005 $ 422,544
Market Value $ 187,023 $ 458,755
Cedar Realty Trust, Inc Preferred Stock Series C [Member]    
Interest Rate 6.50% 6.50%
Number of Shares 20,000 20,000
Cost $ 494,407 $ 494,407
Market Value $ 379,600 $ 500,800
Colony Capital Inc. Preferred Stock Series I [Member]    
Interest Rate 7.15%  
Number of Shares 20,000  
Cost $ 500,000  
Market Value $ 369,000  
Investors Real Estate Trust Preferred Stock Series C [Member]    
Interest Rate 6.625% 6.625%
Number of Shares 20,000 20,000
Cost $ 500,000 $ 500,000
Market Value $ 461,684 $ 520,308
Pennsylvania Real Estate Investment Trust Preferred Stock Series B [Member]    
Interest Rate 7.375% 7.375%
Number of Shares 40,000 40,000
Cost $ 1,000,000 $ 1,000,000
Market Value $ 654,400 $ 1,007,200
Pennsylvania Real Estate Investment Trust Preferred Stock Series D [Member]    
Interest Rate 6.875% 6.875%
Number of Shares 20,000 20,000
Cost $ 498,207 $ 498,207
Market Value $ 310,800 $ 502,200
Urstadt Biddle Properties, Inc Preferred Stock Series G [Member]    
Interest Rate 6.75% 6.75%
Number of Shares 5,000 5,000
Cost $ 125,000 $ 125,000
Market Value $ 123,750 $ 131,000
Urstadt Biddle Properties, Inc Preferred Stock Series H [Member]    
Interest Rate 6.25% 6.25%
Number of Shares 12,500 12,500
Cost $ 312,500 $ 312,500
Market Value 292,500 326,875
Preferred Stock [Member]    
Cost 5,155,533 5,390,072
Market Value $ 3,399,558 $ 5,377,522
CBL & Associates Properties, Inc [Member]    
Number of Shares 1,600,000 1,500,000
Cost $ 16,692,139 $ 16,157,749
Market Value $ 3,072,000 $ 8,490,000
Franklin Street Properties Corporation [Member]    
Number of Shares 220,000 150,000
Cost $ 2,219,219 $ 1,659,118
Market Value $ 1,370,600 $ 1,611,000
Government Properties Income Trust [Member]    
Number of Shares 2,246,000 1,020,000
Cost $ 36,418,264 $ 19,430,983
Market Value $ 15,430,020 $ 18,910,800
Industrial Logistics Properties Trust [Member]    
Number of Shares 502,258  
Cost $ 9,951,185  
Market Value $ 9,879,415  
Kimco Realty Corporation [Member]    
Number of Shares 910,000 750,000
Cost $ 17,052,180 $ 14,475,908
Market Value $ 13,331,500 $ 13,612,500
Monmouth Real Estate Investment Corporation [Member]    
Number of Shares [1] 2,446,054 2,335,930
Cost [1] $ 22,292,408 $ 20,698,562
Market Value [1] $ 30,331,065 $ 41,579,558
Pennsylvania Real Estate Investment Trust [Member]    
Number of Shares 210,000 150,000
Cost $ 2,226,089 $ 1,602,636
Market Value $ 1,247,400 $ 1,783,500
Senior Housing Properties Trust [Member]    
Number of Shares 170,911 160,911
Cost $ 2,919,572 $ 2,739,069
Market Value $ 2,003,078 $ 3,081,446
Tanger Factory Outlet [Member]    
Number of Shares 180,000 120,000
Cost $ 4,228,627 $ 2,941,621
Market Value $ 3,639,600 $ 3,181,200
Urstadt Biddle Properties, Inc [Member]    
Number of Shares 100,000 100,000
Cost $ 2,048,516 $ 2,048,516
Market Value $ 1,922,000 $ 2,174,000
Vereit, Inc [Member]    
Number of Shares 1,410,000 1,300,000
Cost $ 12,058,590 $ 11,253,514
Market Value $ 10,081,500 $ 10,127,000
Washington Prime Group [Member]    
Number of Shares 800,000 500,000
Cost $ 6,489,228 $ 4,397,255
Market Value 3,888,000 3,560,000
Common Stock [Member]    
Cost 134,596,017 116,054,622
Market Value $ 96,196,178 $ 127,586,754
Colony Northstar, Inc. Preferred Stock Series I [Member]    
Interest Rate   7.15%
Number of Shares   20,000
Cost   $ 500,000
Market Value   $ 503,600
Select Income Real Estate Investment Trust [Member]    
Number of Shares   775,000
Cost   $ 18,649,691
Market Value   $ 19,475,750
[1] Related entity - See Note 8.