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Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities:    
Net loss $ (2,689,476) $ (616,332)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 240,042 419,861
Amortization of deferred financing costs 0 207,016
Other amortization 203,383 441,877
Impairment loss 2,304,414 0
Changes in assets and liabilities:    
Decrease (increase) in tenant receivables 17,472 (22,271)
Decrease in other assets 7,183 122,884
Decrease in accounts payable and accrued expenses (31,113) (161,169)
Decrease in due to affiliates (4,338) (13,938)
Decrease (increase) in deferred income (70,907) 133,209
Net cash (used in) provided by operating activities (23,340) 511,137
Cash Flows from Investing Activities:    
Investment in real estate 0 (469,006)
Net (Decrease) Increase in Cash and Cash Equivalents (23,340) 42,131
Cash and Cash Equivalents, beginning of period 12,048,872 6,586,461
Cash and Cash Equivalents, end of period 12,025,532 6,628,592
Supplemental Disclosure of Noncash Investing and Financing Activities:    
Accrued capital expenditures $ 0 $ 37,590