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Debt (Details 1)
Sep. 30, 2015
USD ($)
For the Year Ending December 31,  
Remainder of 2015 $ 711,124
2016 11,533,637
2017 22,455,034 [1]
2018 54,575,206 [2]
2019 2,750,347
Thereafter 237,270,239
Total debt 329,295,587
Scheduled Principal [Member]  
For the Year Ending December 31,  
Remainder of 2015 711,124
2016 2,953,637
2017 2,710,276 [1]
2018 2,575,206 [2]
2019 2,750,347
Thereafter 6,839,089
Total debt 18,539,679
Balloon Payment [Member]  
For the Year Ending December 31,  
Remainder of 2015 0
2016 8,580,000
2017 19,744,758 [1]
2018 52,000,000 [2]
2019 0
Thereafter 230,431,150
Total debt $ 310,755,908
[1] The balloon payment is related to a mortgage note that matures in May 2017 and may be extended, at the Company’s election, for a two-year term to May 2019, subject to certain conditions.
[2] The balloon payment balance includes the balance outstanding under the Credit Facility as of September 30, 2015. The Credit Facility matures in July 2018 and may be extended for one year at the Company’s election, subject to certain conditions.