Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

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 March 31, 2013.

Liability:	Level 1		Level 2		Level 3		Carrying Value
Interest rate swaps	$	-	$	1,087,329	$	-	$	1,087,329
Mortgages payable	$	-	$	-	$	117,942,643	$	116,526,115
Note payable	$	-	$	9,000,000	$	-	$	9,000,000