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Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) (USD $)
1 Months Ended 12 Months Ended
Sep. 26, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Selling Commissions and Dealer Manager Fees Percentage Rate Range Maximum   7.00%    
Selling Commissions and Dealer Manager Fees Percentage Rate Range Minimum   2.60%    
Selling Commissions and Dealer Manager Fees   $ 1,994,749 $ 958,386 $ 565,629
Taxable Income Percentage   90.00%    
Acquisition and Disposition Fees   3,426,267 0 362,766
Asset Management Fees   315,696 330,156 223,436
Asset Management Fee Percent Fee Description On September 26, 2012, the Company amended its advisory agreement to decrease the asset management fee from one-twelfth of 1% to one-twelfth of 0.65% of the amount paid or allocated to acquire the investment excluding acquisition fees and expenses related thereto and the amount of any debt associated with or used to acquire such investment. In the case of investments made through joint ventures, the asset management fee will be determined based on our proportionate share of the underlying investment      
Finance Fee Percentage   1.00%    
Finance Fee   5,891 0 75,000
Independent Director Compensation   25,000    
Additional Director Compensation Paid For Board Meeting   2,500    
Additional Director Compensation Paid For Committee Board Meeting   2,000    
Additional Director Compensation Paid For Teleconference Board Meeting   1,000    
Additional Director Compensation Paid For Teleconference Committee Meeting   $ 1,000    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures   5,000    
Restricted Stock Granted For Reelection To Board   2,500    
Minimum [Member]
       
Acquisition Fee Percentage Of Purchase Price 1.75%      
Maximum [Member]
       
Acquisition Fee Percentage Of Purchase Price 2.50%      
Building [Member] | Minimum [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   30 years    
Building [Member] | Maximum [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   35 years    
Building Improvements [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   15 years    
Land Improvements [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   15 years    
Furniture and Fixture [Member] | Minimum [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   5 years    
Furniture and Fixture [Member] | Maximum [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   7 years    
In Place Leases [Member]
       
Real Estate and Accumulated Depreciation, Life Used for Depreciation   6 months