Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The following schedule summarizes the Company’s amortization of deferred expenses for the years ended December 31, 2014, 2013 and 2012, respectively:

Year Ended December 31,	2014		2013		2012

Financing Costs	$	950,878	$	736,425	$	581,353
Leasing Costs		125,946		113,101		106,100
Lease Intangibles		2,490,585		1,633,691		1,025,077
Total	$	3,567,409	$	2,483,217	$	1,712,530

The following schedule represents estimated future amortization of deferred expenses as of December 31, 2014:

Year Ending December 31,	2015		2016		2017		2018		2019		Thereafter

Financing Costs	$	656,218	$	602,994	$	565,500	$	387,802	$	235,320	$	560,446
Leasing Costs		114,002		103,936		97,291		91,644		85,202		291,260
Lease Intangibles		3,750,268		3,750,268		3,750,268		3,750,268		3,359,280		29,119,250
Total	$	4,520,488	$	4,457,198	$	4,413,059	$	4,229,714	$	3,679,802	$	29,970,956

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following is a reconciliation of the denominator of the basic net earnings per common share computation to the denominator of the diluted net earnings per common share computation for each of the periods presented:

	Year Ended December 31,
	2014		2013		2012
Weighted average number of common shares outstanding		15,121,212		13,314,989		11,321,498
Less: Unvested restricted stock		(238,626)		(249,082)		(250,180)
Weighted average number of common shares outstanding used in basic earnings per share		14,882,586		13,065,907		11,071,318

Weighted average number of common shares outstanding used in basic earnings per share		14,882,586		13,065,907		11,071,318
Effect of dilutive securities: restricted stock		84,309		91,598		65,592
Weighted average number of common shares outstanding used in diluted earnings per share		14,966,895		13,157,505		11,136,910