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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The details comprising income from discontinued operations are presented below:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2013
 
2012
 
2013
 
2012
Revenues:
 
 
 
 
 
 
 
Rental income
$
—

 
$
235,114

 
$
—

 
$
794,355

Tenant reimbursements
—

 
293,191

 
—

 
622,134

Total revenues
—

 
528,305

 
—

 
1,416,489

 
 
 
 
 
 
 
 
Expenses:
 
 
 
 
 
 
 
Property operating costs
—

 
228,169

 
—

 
595,071

Asset and property management fees:
 
 
 
 
 
 
 
Related-party
—

 
50,836

 
—

 
128,807

Other
—

 
—

 
—

 
11

Depreciation
—

 
77,927

 
—

 
374,664

Amortization
—

 
22,876

 
—

 
77,426

General and administrative expenses
—

 
70,928

 
—

 
110,180

Total expenses
—

 
450,736

 
—

 
1,286,159

Operating Income
—

 
77,569

 
—

 
130,330

Gain on disposition
—

 
5,634,101

 
—

 
5,634,101

Income from Discontinued Operations
$
—

 
$
5,711,670

 
$
—

 
$
5,764,431