CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
OPERATING REVENUES:
Rental operations	$ 176,439	$ 188,711
Other operating income	35,637	39,091
Total operating revenues	212,076	227,802
OPERATING EXPENSES:
Utilities	11,506	11,763
Repairs and maintenance	60,467	16,967
Real estate taxes	52,128	57,490
Marketing, insurance and other	8,981	5,938
General and administrative expenses	444,333	373,939
Depreciation and amortization expense	45,243	64,284
Total operating expenses	622,658	530,381
OTHER INCOME (EXPENSE):
Gain on sale of real estate assets	1,253,933
Interest income	162	1,188
Interest expense	(324,816)	(326,720)
Amortization of deferred financing and leasing costs	(49,762)	(27,690)
Total other income (expense)	879,517	(353,222)
INCOME (LOSS) FROM CONTINUING OPERATIONS	468,935	(655,801)
LOSS FROM DISCONTINUED OPERATIONS	(22,290)	(69,115)
NET INCOME (LOSS)	446,645	(724,916)
INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST	69,051	(125,120)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 377,594	$ (599,796)
INCOME (LOSS) PER COMMON SHARE - BASIC AND DILUTED (Note 5):
Income (loss) from continuing operations - basic and diluted (in dollars per share)	$ 0.04	$ (0.05)
Loss from discontinued operations - basic and diluted (in dollars per share)		$ (0.01)
Net income (loss) - basic and diluted (in dollars per share)	$ 0.04	$ (0.06)