Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value Disclosures [Abstract]

Schedule of Derivative Liabilities at Fair Value [Table Text Block]

The table below sets forth the Company’s fair value hierarchy for liabilities measured or disclosed at fair value as of June 30, 2012.

Liability:	Level 1		Level 2		Level 3		Carrying Value
Interest rate swaps	$	-	$	1,156,604	$	-	$	1,156,604
Fixed rate mortgage	$	-	$	-	$	41,253,095	$	38,911,508
Variable rate mortgage	$	-	$	-	$	21,861,282	$	22,882,778
Variable rate debt	$	-	$	44,434,406	$	-	$	44,434,406