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Real Estate Assets MF Properties (Details) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Property, Plant and Equipment [Line Items]    
Land $ 11,221,298 $ 11,202,876
Buildings and improvements 96,004,727 93,615,479
Carrying Value at September 30, 2012 107,226,025 104,818,355
MF Property, Plant and Equipment 71,986,163 62,575,160
Accumulated Depreciation - MF Properties (6,450,506) (5,458,961)
Property, Plant and Equipment, Net 65,535,657 57,116,199
Arboretum [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 145 145
Land 1,720,740 1,720,740
Buildings and improvements 19,025,725 18,997,550
Carrying Value at September 30, 2012 20,746,465 20,718,290
Eagle Village [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 511 511
Land 564,726 564,726
Buildings and improvements 12,283,270 12,277,210
Carrying Value at September 30, 2012 12,847,996 12,841,936
Glynn Place [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 128 128
Land 743,996 743,996
Buildings and improvements 4,770,776 4,750,267
Carrying Value at September 30, 2012 5,514,772 5,494,263
Maples on 97th [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 258  
Land 905,000  
Buildings and improvements 7,258,372  
Carrying Value at September 30, 2012 8,163,372  
Meadowview [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 118 118
Land 688,539 688,539
Buildings and improvements 5,221,301 5,214,306
Carrying Value at September 30, 2012 5,909,840 5,902,845
Residences at DeCordova [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 110 110
Land 680,852 680,852
Buildings and improvements 8,391,701 8,389,721
Carrying Value at September 30, 2012 9,072,553 9,070,573
Residences at Weatherford [Member]
   
Property, Plant and Equipment [Line Items]    
Number of Units 76 76
Land 533,000 533,000
Buildings and improvements 7,078,220 7,077,420
Carrying Value at September 30, 2012 7,611,220 7,610,420
Construction in Progress [Member]
   
Property, Plant and Equipment [Line Items]    
Land 0 0
Buildings and improvements 2,119,944 936,833
Carrying Value at September 30, 2012 $ 2,119,945 $ 936,833