Related-Party Transactions (Schedule of Related Party Costs by Type) (Details) (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011		Jun. 30, 2012		Jun. 30, 2011
Related Party Transactions [Abstract]
Administrative reimbursements	$ 117,875	[1]	$ 101,635	[1]	$ 246,924	[1]	$ 194,426	[1]
Asset management fees	99,575	[1]	106,781	[1]	218,525	[1]	213,563	[1]
Disposition fee	78,250	[1]	0	[1]	78,250	[1]	0	[1]
Property management fees	25,957	[1]	17,364	[1]	59,687	[1]	34,845	[1]
Construction management fees	0	[2]	0	[2]	0	[2]	441	[2]
Total	$ 321,657		$ 225,780		$ 603,386		$ 443,275

[1] Administrative reimbursements, asset management fees, disposition fees, and property management fees are expensed as incurred.

[2] Construction management fees are capitalized to real estate assets as incurred.