Subsequent Events (Details Textual) (USD $)	1 Months Ended			9 Months Ended
	Oct. 31, 2012	Nov. 05, 2012	Sep. 30, 2012	Sep. 30, 2012	Oct. 18, 2012	Oct. 02, 2012	Dec. 31, 2011
Dividends Payable, Date Declared, Month and Year	2012-10		2012-09	2012-09
Dividends Payable, Date to be Paid, Day, Month and Year	Nov. 01, 2012		Oct. 01, 2012
Distributions payable	$ 122,384		$ 114,367	$ 114,367			$ 63,178
Cash Available For Distributions	75,906		71,665	71,665
Stock Issued During Period, Value, Dividend Reinvestment Plan	46,478	679,141	43,868
Stock Issued During Period, Shares, Dividend Reinvestment Plan (in shares)		77,733
Distributions Calculated Description		Distributions are calculated based on stockholders of record per day during the period at a rate of $0.00191781 per share per day and equal a daily amount that, if paid each day for a 365-day period, would equal a 7.0% annualized rate based on a purchase price of $10.00 per share.		Distributions are calculated based on stockholders of record per day during the period at a rate of $0.00191781 per share per day and equal a daily amount that, if paid each day for a 365-day period, would equal a 7.0% annualized rate based on a purchase price of $10.00 per share.
Investments in unconsolidated real estate joint ventures (Note 5)			2,470,256	2,470,256			5,387,147
Payments To Acquire Interest In Joint Venture				202,532
Line of Credit Facility, Maximum Borrowing Capacity						12,500,000
Line Of Credit Facility Initial Draw						4,800,000
Line Of Credit Facility Subsequent Draw					3,200,000
Line of Credit Facility, Expiration Date	Apr. 02, 2013
Line of Credit Facility, Interest Rate Description	interest compounding monthly at a rate of 30-day LIBOR + 6.00%, subject to a minimum rate of 7.50%, annualized for three months, and thereafter bears interest compounding monthly at a rate of 30-day LIBOR + 6.00%, subject to a minimum rate of 8.50% for the remainder of the term
Subsequent Event [Member] | Bemt Berry Hill [Member]
Payments To Acquire Interest In Joint Venture	3,788,725
Percentage Of Interest Acquired Under Joint Venture	58.575%
Total Number Of Units	266
Subsequent Event [Member] | Bemt Enders Place [Member]
Payments To Acquire Interest In Joint Venture	$ 4,716,846
Percentage Of Interest Acquired Under Joint Venture	48.40%
Number Of Units Acquired	198
Total Number Of Units	220