Annual report pursuant to Section 13 and 15(d)

Real Estate and Lease Intangibles - Pro-Forma Condensed Consolidated Statements of Operations as Properties Acquired (Detail)

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Real Estate and Lease Intangibles - Pro-Forma Condensed Consolidated Statements of Operations as Properties Acquired (Detail) - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating Data:    
Total operating revenue $ 13,993,765 $ 13,831,669
Total operating expenses (7,282,204) (7,767,114)
Other expenses (4,861,169) (4,695,902)
Net income before income taxes 1,850,392 1,368,653
Provision for income taxes   (26,502)
Net income $ 1,850,392 $ 1,342,151
Share and Per-share Data:    
Earnings per share of common stock - basic and diluted $ 0.20 $ 0.18
Weighted-average common shares outstanding - basic and diluted 9,216,469 7,608,416