Fair Value Measurements (Tables)

9 Months Ended

Sep. 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 September 30, 2012.

Liability:	Level 1		Level 2		Level 3		Carrying Value
Interest rate swaps	$	-	$	1,333,615	$	-	$	1,333,615
Fixed rate mortgage	$	-	$	-	$	46,762,702	$	46,828,508
Variable rate mortgage	$	-	$	-	$	21,778,101	$	22,743,728
Variable rate debt	$	-	$	54,840,000	$	-	$	54,840,000