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Note and Mortgages Payable (Details Textual) (USD $)
6 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Debt Instrument [Line Items]    
Line of Credit Facility, Current Borrowing Capacity $ 85,000,000  
Line of Credit Facility, Maximum Borrowing Capacity 135,000,000  
Line of Credit Facility, Expiration Date Oct. 26, 2015  
Line of Credit Facility, Interest Rate Description interest at LIBOR plus a spread of 150 to 215 basis points, or the base rate, depending on the Companys leverage ratio  
Long-term Line of Credit 43,364,000 9,500,000
Long-term Debt, Weighted Average Interest Rate 4.27%  
Line of Credit Facility, Capacity Available for Trade Purchases 41,636,000  
Real Estate Investments, Net 138,635,000  
Long-term Debt, Maturities, Repayments of Principal in Year Three 23,354,309 [1]  
Line of Credit [Member]
   
Debt Instrument [Line Items]    
Line of Credit Facility, Expiration Date Oct. 26, 2015  
Short-term Debt, Weighted Average Interest Rate 1.72%  
Notes Payable, Other Payables [Member]
   
Debt Instrument [Line Items]    
Long-term Debt, Maturities, Repayments of Principal in Year Three 19,744,758  
Unsecured Term Loan [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Face Amount 35,000,000  
Debt Instrument, Maturity Date Sep. 29, 2020  
Debt Instrument, Interest Rate, Stated Percentage 3.85%  
Debt Instrument, Description of Variable Rate Basis interest at LIBOR plus a spread of 165 to 225 basis points depending on the Companys leverage ratio  
April 4 2018 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis interest only at LIBOR plus 160 basis points, swapped to a fixed rate of 2.49%  
January 1 2023 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage 3.60%  
May 14 2017 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment, Principal 53,160  
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 19,744,758  
Debt Instrument, Description of Variable Rate Basis interest at 170 basis points over LIBOR, swapped to a fixed rate of 3.62%  
January 2020 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment, Principal 153,838  
Debt Instrument, Interest Rate, Stated Percentage 6.90%  
July 2026 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment, Principal 91,675  
Debt Instrument, Interest Rate, Stated Percentage 6.27%  
June 2014 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment, Principal 60,097  
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 9,167,573  
Debt Instrument, Interest Rate, Stated Percentage 5.08%  
February 2017 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment, Principal 99,598  
Debt Instrument, Interest Rate, Stated Percentage 6.63%  
June 11 2016 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 8,580,000  
Debt Instrument, Periodic Payment, Interest 48,467  
Debt Instrument, Interest Rate, Stated Percentage 6.56%  
February 2020 [Member] | Mortgage Loans on Real Estate [Member]
   
Debt Instrument [Line Items]    
Debt Instrument, Periodic Payment, Principal 23,004  
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid $ 2,766,628  
Debt Instrument, Interest Rate, Stated Percentage 6.24%  
[1] Scheduled maturities in 2017 include $19,744,758 which represents the ending balance of a note payable due in 2017. The note matures May 14, 2017 and may be extended, at the Company's election, for a two-year term to May 2019, subject to certain conditions.