Equity Method Investments (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Balance Sheet:
Real estate, net of depreciation	$ 53,693,437	$ 54,788,607
Other assets	1,397,388	1,632,794
Total assets	55,090,825	56,421,401
Mortgage payable	41,016,809	41,154,000
Other liabilities	816,716	803,085
Total liabilities	41,833,525	41,957,085
Stockholders' equity	13,257,300	14,464,316
Total liabilities and stockholders' equity	55,090,825	56,421,401
Operating Statements:
Rental revenues	6,306,885	6,042,067	1,738,573
Operating expenses	(2,304,025)	(2,092,807)	(599,783)
Income before debt service, acquisition costs, and depreciation and amortization	4,002,860	3,949,260	1,138,790
Mortgage interest	(1,710,435)	(1,706,606)	(497,992)
Acquisition costs	0	0	(836,818)
Depreciation and amortization	(1,616,355)	(2,068,039)	(1,126,198)
Net income (loss)	676,070	174,615	(1,322,218)
Net (income) loss attributable to JV partners	(585,922)	(159,256)	1,066,447
Net Income Loss Equity Method Investment Total	90,148	15,359	(255,771)
Amortization of deferred financing costs paid on behalf of joint ventures	(3,354)	(3,353)	(945)
Equity in earnings (loss) of unconsolidated joint ventures	$ 86,794	$ 12,006	$ (256,716)