CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-In Capital	Non- Controlling Interest	Deficit	Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2011	$ 162,224,281	$ 985	$ 181,069,633	$ 2,678,725	$ (20,918,494)	$ (606,568)
Beginning Balance (in shares) at Dec. 31, 2011		9,851,914
Issuance of common stock, net of issuance costs (in shares)		1,495,000
Issuance of common stock, net of issuance costs		150	35,042,076
Issuance of restricted stock under the Equity Incentive Plan (in shares)		93,600
Issuance of restricted stock under the Equity Incentive Plan		9
Forfeiture of restricted stock (in shares)		(5,000)
Forfeiture of restricted stock
Vesting of restricted stock			412,000
Dividends and distributions declared for the period January 1, 2012 to March 31, 2012				(139,047)	(4,574,206)
Other comprehensive income - change in fair value of interest rate swap				1,621		51,170
Net income for the period January 1, 2012 to March 31, 2012	4,741,835			145,556	4,596,279
Ending Balance at Mar. 31, 2012	$ 197,759,889	$ 1,144	$ 216,523,709	$ 2,686,855	$ (20,896,421)	$ (555,398)
Ending Balance (in shares) at Mar. 31, 2012		11,435,514