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Investments in Real Estate (Details Textual) (USD $)
12 Months Ended
Dec. 31, 2012
sqft
Dec. 31, 2011
Dec. 17, 2012
Berry Hill Development [Member]
sqft
Oct. 18, 2012
Berry Hill Development [Member]
Real Estate Accumulated Depreciation, Depreciation Expense $ 1,150,449 $ 0    
Amortization of Deferred Leasing Fees 1,685,593 0    
Security Deposits Received 234,370 0    
Maximum Percentage Of Annualized Base Rent Represented By Tenant 10.00%      
Our Ownership Interest in Property Owner     5.158% 58.575%
Investments in unconsolidated real estate joint ventures (Note 5) 2,398,902 5,387,147   3,788,725
Approx. Rentable Square Footage 1,370,926   194,275  
Investments $ 4,200,000      
Approximate Rentable Square Footage For Mda Apartments 8,200