Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Details Textual)

v2.4.0.6
Summary of Significant Accounting Policies (Details Textual) (USD $)
 1 Months Ended 3 Months Ended
Jun. 30, 2010
May 31, 2009
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Summary of Significant Accounting Policies (Textual) [Abstract]          
Amortization of acquired below market lease values     $ 29,061 $ 0  
Short-term investments     20,676,484   679,717
Summary of Significant Accounting Policies (Additional Textual) [Abstract]          
Amortization expense related to intangibles assets     24,981 10,883  
Income tax prepayment     2,100,000    
Impairments recognized on real estate     0    
Total income earned     1,787    
Amortization of deferred financing fees     7,404 4,957  
State taxes, net of US federal income tax benefit     21.40% 10.20%  
State tax amount that will continue to be deferred     100,000    
Tax liability resulting from the transfer of the San Andreas Farm 98,000 98,000      
Period over which state income taxes are remitted     5 years    
Uncertain tax positions, percentage     50.00%    
Uncertain tax positions     0   0
Certificate of deposit [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Certificate of deposit's maturity date     Sep. 04, 2013    
Short-term investments     700,000 0 700,000
U.S. Treasury Bills [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Certificate of deposit's maturity date     Jun. 27, 2013    
Short-term U.S. Treasury Bills     20,000,000    
Real Estate [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Real estate depreciation expense     135,055 84,481  
Below-Market Leases [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Purchase price allocated to below-market lease values in connection with the current-year acquisitions     98,808    
Leases Acquired in Place and Origination Cost [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Period of amortization for lease origination cost     less-than-one to nine years    
Maximum [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Hypothetical expected lease-up periods for estimating carrying costs     18 months    
Percentage of REIT taxable income to its stockholders     100.00%    
Minimum [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Hypothetical expected lease-up periods for estimating carrying costs     9 months    
Percentage of REIT taxable income to its stockholders     90.00%    
Building and building improvements [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Estimated useful lives     39 years    
Equipment and Fixtures [Member] | Maximum [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Estimated useful lives     7 years    
Equipment and Fixtures [Member] | Minimum [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Estimated useful lives     5 years    
Domestic Tax Authority [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Federal and state deferred tax liabilities     2,100,000    
Domestic and State [Member]
          
Summary of Significant Accounting Policies (Textual) [Abstract]          
Federal and state deferred tax liabilities     $ 2,200,000