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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Common Stock [Member]
Additional Paid-In Capital [Member]
Noncontrolling Interest [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2011 $ 985 $ 181,069,633 $ 2,678,725 $ (20,918,494) $ (606,568) $ 162,224,281
Balance (in shares) at Dec. 31, 2011 9,851,914          
Issuance of common stock, net of issuance costs 150 35,042,076 0 0 0  
Issuance of common stock, net of issuance costs (in shares) 1,495,000          
Issuance of restricted stock under the Equity Incentive Plan 9 0 0 0 0  
Issuance of restricted stock under the Equity Incentive Plan (in shares) 94,850          
Forfeiture of restricted stock (in shares) (5,720)          
Vesting of restricted stock 0 1,236,000 0 0 0  
Dividends and distributions declared for the period January 1, 2012 to September 30, 2012 0 0 (417,141) (13,723,041) 0  
Other comprehensive income - change in fair value of interest rate swap 0 0 (20,709) 0 (683,446)  
Net income for the period January 1, 2012 to September 30, 2012 0 0 414,116 13,442,743 0 13,856,859
Balance at Sep. 30, 2012 $ 1,144 $ 217,347,709 $ 2,654,991 $ (21,198,792) $ (1,290,014) $ 197,515,038
Balance (in shares) at Sep. 30, 2012 11,436,044