Schedule III - Real Estate and Accumulated Depreciation - Schedule of Change in Balance of Real Estate (Detail) (USD $)
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12 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Real Estate And Accumulated Depreciation Disclosure [Abstract] | |||
Balance, beginning of period | $ 39,678,968 | $ 32,399,715 | $ 19,551,350 |
Additions: | |||
Acquisitions during the period | 37,768,162 | 7,279,253 | 12,284,480 |
Improvements | 1,030,923 | 563,885 | |
Deductions: | |||
Dispositions during period | |||
Purchase price adjustments | |||
Balance, end of period | $ 78,478,053 | $ 39,678,968 | $ 32,399,715 |
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- Details
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- Definition
Amount of real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount, before accumulated depreciation, of real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of increase in real estate investments from acquisitions other than through foreclosure for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of other deductions to real estate investments, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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