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Mortgages Payable (Details Textual) (USD $)
6 Months Ended 12 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2012
Dec. 31, 2004
Dec. 31, 2000
Dec. 31, 1999
Dec. 31, 2011
Nov. 29, 2004
Jun. 30, 2012
First mortgage [Member]
Nov. 29, 2004
First mortgage [Member]
Nov. 05, 2009
Second mortgage [Member]
Nov. 05, 2014
Second mortgage [Member]
Jun. 30, 2012
Second mortgage [Member]
Nov. 29, 2004
Second mortgage [Member]
Nov. 05, 2014
Senior Debt Obligations [Member]
Jun. 30, 2012
Senior Debt Obligations [Member]
Jun. 30, 2012
Secured Debt [Member]
Nov. 05, 2009
Secured Debt [Member]
Debt Instrument [Line Items]                                
Mortgage loan, additional                 $ 16,000,000              
Mortgage loan, pay off amount               12,020,814       27,979,186        
Mortgage loan, interest rate 5.34%           7.00%                  
Mortgage loan, balance amount                     15,330,985     74,979,252    
Principal amount of senior mortgage loan at maturity                   14,613,782     69,797,589      
Fair value of mortgage debt                             95,130,697  
Total financing cost on mortgage                               100,000,000
Mortgages payable (Textual) [Abstract]                                
Mortgage loan face value           84,000,000                    
Mortgage value, amount drawn at closing 49,000,000                              
Mortgage loans, remaining amount available 35,000,000                              
Mortgage value, initial amount drawn           49,000,000                    
Mortgage loan, monthly payment amount 507,838                              
Mortgage loan, amortization schedule 25 years                              
Mortgage loan, monthly payment for additional loan 113,085                              
Mortgage loan, amortization schedule on additional loan 25 years                              
Repayment term of mortgage loan without prepayment penalty 60 days                              
Mortgage financing cost 2,873,632                              
Estimated cost of building improvement program       22,800,000                        
Increase in estimated cost of building improvement program     28,000,000                          
Further increase in estimated cost of building improvement   100,000,000                            
Cost incurred by registrant related to building improvement program 76,738,984                              
Estimated cost of initial building improvement program on completion 100,000,000                              
Payable to Lessee, a related party 2,231,755       720,066                      
Unpaid leasing costs $ 2,231,589