Derivative Instruments and Hedging Activity (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

The company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:

	Number of Instruments		Notional
	December 31,	December 31,		December 31,		December 31,
Interest Rate Derivatives	2013	2012	2013		2012
Interest Rate Swap	3	3	$	82,017,758	$	47,601,978

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the estimated fair value of the Company’s derivative financial instruments as well as their classification in the consolidated balance sheets.

	Asset Derivatives
	December 31, 2013			December 31, 2012
	Balance Sheet			Balance Sheet
	Location	Fair Value		Location	Fair Value
Derivatives designated as cash flow hedges:
Interest Rate Swaps	Other Assets	$	679,234		$	-

	Liability Derivatives
	December 31, 2013			December 31, 2012
	Balance Sheet			Balance Sheet
	Location	Fair Value		Location	Fair Value
Derivatives designated as cash flow hedges:
Interest Rate Swaps	Other Liabilities	$	204,696	Other Liabilities	$	1,337,998

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The table below presents the effect of the Company’s derivative financial instruments in the consolidated statements of operations and other comprehensive loss for the years ended December 31, 2013 and 2012.

Derivatives in  Cash Flow  Hedging  Relationships	Amount of Income/(Loss)  Recognized in OCI on Derivative  (Effective Portion)				Location of  Income/(Loss)  Reclassifed from  Accumulated OCI  into Income  (Effective Portion)	Amount of Income/(Loss)  Reclassified from Accumulated OCI  into Expense (Effective Portion)				Location of Loss  Recognized In Income  of Derivative (Ineffective  Portion and Amount  Excluded from  Effectiveness Testing)	Amount of Loss Recognized  in Income on Derivative  (Ineffective Portion and  Amount Excluded from  Effectiveness Testing and  Missed Forecasted  Transactions)
	2013		2012			2013		2012			2013		2012
Interest rate swaps	$	1,812,536	$	(708,538)	Interest Expense	$	(773,120)	$	(470,055)		$	-	$	-