XML 39 R28.htm IDEA: XBRL DOCUMENT v3.3.1.900
Shareholders' Equity (Details Narrative)
12 Months Ended
Sep. 29, 2006
USD ($)
$ / shares
shares
Mar. 04, 2006
Mar. 04, 2005
Mar. 04, 2004
Oct. 01, 2003
USD ($)
CommercialProperties
$ / shares
shares
Jun. 30, 2003
USD ($)
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
shares
Dec. 31, 2004
shares
Class of Stock [Line Items]                  
Preferred shares, issued, shares converted into restricted common shares             0    
Share based compensation | $             $ 0    
Sale of general partnership, percentage interest sold         92.90%        
Number of commercial properties | CommercialProperties         4        
Treasury stock, shares received from sale of interest in general partnership         38,130        
Average closing price of treasury stock shares received over a thirty day period | $ / shares         $ 21.00        
Value of common stock received into treasury as partial proceeds in sale of general partnership | $         $ 801,000        
Restricted common shares granted             163,116    
Grant date fair value of restricted shares which would be recognized upon meeting performance goals | $             $ 1,847,000    
Restricted common shares, balance             5,333    
Restricted common shares, balance, grant date fair value | $             $ 79,000    
Maximum value of restricted common shares issuable to each trustee for achievement of certain performance criteria | $             $ 26,000,000    
Denominator, the period over which the average closing price of common stock is averaged             30 days    
Period over which the pro-forma acquisition income target must be meet             5 years    
The percentage increase in net operating income and funds from operations which must be meet             5.00%    
Options granted during the period              
Remaining unrecognized cost | $             $ 0 $ 0  
1998 Share Option Plan [Member] | Minimum [Member]                  
Class of Stock [Line Items]                  
Number of shares available for grant under the 1998 share option plan and its subsequent amendment                 42,222
1998 Share Option Plan [Member] | Maximum [Member]                  
Class of Stock [Line Items]                  
Number of shares available for grant under the 1998 share option plan and its subsequent amendment                 46,666
2004 Plan [Member]                  
Class of Stock [Line Items]                  
Option, expiration year               2014  
Maximum exercise term of options granted under the 2004 plan               10 years  
Class A Preferred Shares [Member]                  
Class of Stock [Line Items]                  
Preferred stock, class A cumulative preferred shares, issued to the public             96,826    
Preferred stock, liquidation preference | $ / shares             $ 10.00    
Preferred shares, outstanding, conversion rate for shares exchange to common stock subject to certain formulas | $ / shares             $ 0.046    
Preferred shares, issued           696,078      
Preferred shares, issued, value | $           $ 2,400,000      
Preferred shares, issued, vesting date trigger, gross assets exceed this value | $           $ 50,000,000      
Preferred shares, issued, shares converted into restricted common shares           534,668      
Restricted common shares that restricted class A cumulative convertible preferred shares were converted into shares           163,116      
Preferred shares, issued, remaining shares           161,410      
Preferred shares, number of restricted common shares each preferred share can be converted into shares           Each be converted into 0.305 restricted common shares.      
Class A Preferred Shares [Member] | Restricted Shares [Member]                  
Class of Stock [Line Items]                  
Preferred shares, issued, vesting date trigger, percentage vesting   25.00% 25.00% 50.00%          
Class C Preferred Shares [Member]                  
Class of Stock [Line Items]                  
Preferred stock, liquidation preference | $ / shares $ 10.00                
Preferred shares, authorized by articles filed supplementary to declaration of trust 300,000                
Preferred shares, denominator value conversion price to calculate the conversion rate to exchange preferred class C shares for common shares | $ $ 1                
Preferred shares to be purchased under subscription agreement 44,444                
Restricted stock agreement, number of convertible preferred shares certain trustees entitled to receive in lieu of cash for services, shares 12,500                
Share based compensation | $ $ 0                
Service period and vesting period restriction date Sep. 30, 2016                
Class C Preferred Shares [Member] | Three Independent Trustees [Member]                  
Class of Stock [Line Items]                  
Preferred shares to be purchased under subscription agreement 125,000                
Preferred shares to be purchased under subscription agreement, aggregate contribution | $ $ 500,000