Quarterly report pursuant to Section 13 or 15(d)

Mortgage Notes Payable and Lines of Credit (Details )

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Mortgage Notes Payable and Lines of Credit (Details ) (USD $)
3 Months Ended
Mar. 31, 2013
Dec. 31, 2012
May 31, 2012
Summary of mortgage notes payable and line of credit      
Principal Outstanding $ 29,589,165 $ 30,817,880  
Remaining Availability 18,250,000 18,250,000  
Mortgage Note Payable [Member]
     
Summary of mortgage notes payable and line of credit      
Initial Commitment 29,489,165    
MetLife [Member] | Line of Credit [Member]
     
Summary of mortgage notes payable and line of credit      
Issuer MetLife    
Date of Issuance May 31, 2012    
Initial Commitment 4,785,000   4,800,000
Maturity Date Apr. 05, 2017    
Principal Outstanding 100,000 100,000  
Stated Interest Rate 3.31% 3.35%  
Remaining Availability 4,685,000 4,685,000  
MetLife [Member] | Mortgage Note Payable [Member]
     
Summary of mortgage notes payable and line of credit      
Issuer MetLife    
Date of Issuance Dec. 30, 2010    
Initial Commitment 45,200,000    
Maturity Date Jan. 05, 2026    
Principal Outstanding 29,489,165 30,717,880  
Stated Interest Rate 3.50% 3.50%  
Remaining Availability $ 13,565,000 $ 13,565,000