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Note and Mortgages Payable (Details Textual) (USD $)
9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Jul. 21, 2014
New Credit and Term Loan Facility [Member]
Sep. 30, 2014
New Credit Facility [Member]
Jul. 21, 2014
New Credit Facility [Member]
Jun. 30, 2014
New Credit Facility [Member]
Sep. 30, 2014
New Term Loan [Member]
Jul. 21, 2014
New Term Loan [Member]
Sep. 30, 2014
New Term Loan [Member]
Interest Rate Swap [Member]
Sep. 30, 2014
Notes Payable, Other Payables [Member]
Sep. 30, 2014
Unsecured Term Loan [Member]
Jul. 21, 2014
Unsecured Term Loan [Member]
Sep. 30, 2014
April 4 2018 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
January 1 2023 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
May 14 2017 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
January 2020 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
July 2026 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
June 2014 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
February 2017 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
June 11 2016 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
February 2020 [Member]
Mortgage Loans on Real Estate [Member]
Sep. 30, 2014
September 2023 [Member]
Mortgage Loans on Real Estate [Member]
Debt Instrument [Line Items]                                              
Line of Credit Facility, Current Borrowing Capacity   $ 85,000,000         $ 85,000,000                                
Line of Credit Facility, Maximum Borrowing Capacity 135,000,000                                            
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 16,500,000   9,500,000   16,500,000           19,744,758                        
Long-term Debt, Weighted Average Interest Rate 4.30%                                            
Debt Instrument, Periodic Payment, Principal                               53,160 153,838 91,675 60,097 99,598 48,467 23,004 35,673
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid                               19,744,758     9,167,573   8,580,000 2,766,628 4,034,627
Debt Instrument, Face Amount       250,000,000   150,000,000   75,000,000 65,000,000     35,000,000 35,000,000                    
Debt Instrument, Maturity Date Oct. 26, 2015       Jul. 21, 2018           May 14, 2017 Sep. 29, 2020                      
Debt Instrument, Extended Maturity Date         July 2019           May 2019                        
Debt Instrument, Interest Rate, Stated Percentage               3.74%       3.85%     3.60%   6.90% 6.27% 5.08% 6.63% 6.56% 6.24% 5.01%
Real Estate Investments, Net 147,577,000                                            
Debt Instrument, Description of Variable Rate Basis         New Credit Facility will be priced at LIBOR plus 135 to 200 basis points, depending on the Companys leverage, with an initial applicable margin of 135 basis points.     The New Term Loan is due July 21, 2021. Borrowings under the New Term Loan will be priced at LIBOR plus 165 to 225 basis points, depending on the Companys leverage, with an initial applicable margin of 165 basis points.   The Company has entered into interest rate swaps to fix LIBOR at 2.09% until maturity,   interest at LIBOR plus a spread of 165 to 225 basis points depending on the Companys leverage ratio   interest only at LIBOR plus 160 basis points, swapped to a fixed rate of 2.49%   interest at 170 basis points over LIBOR, swapped to a fixed rate of 3.62%              
Long-term Debt, Maturities, Repayments of Principal in Year Three 23,084,968 [1]                   16,500,000                        
Line of Credit Facility, Interest Rate at Period End         1.91%                                    
Line of Credit Facility, Remaining Borrowing Capacity         133,500,000                                    
Long-term Debt, Total $ 224,185,433             $ 65,000,000                              
[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.