Related Party Transactions (Details Textual) (USD $)	1 Months Ended		3 Months Ended	12 Months Ended			27 Months Ended
	Sep. 26, 2012	Mar. 22, 2011	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Mar. 31, 2011
Organizational and Offering Costs				$ 2,965,111
Maximum Percentage Reimbursement Of Organizational and Offering Costs				15.00%
Offering Costs Charged To Stockholders Equity				3,380,792		49,931
Selling Commissions and Dealer Manager Fees				1,994,749	958,386	565,629
Advisory Agreement, Term				one-year
Advisory Agreement, Expiry Date				Oct. 14, 2013
Asset Management Fees, Description	asset management fee from one-twelfth of 1.0% of the higher of the cost or the value of each asset to one-twelfth of 0.65% of the higher of the cost or the value of each asset
Acquisition and Disposition Fees				3,426,267	0	362,766
Percentage Of Financing Fees Receivable				1.00%
Sales Price Percentage				1.50%
Selling Commission Percentage				50.00%
Percentage Exceed In Contract Sales Price				6.00%
Percentage Exceed Relates To Operating Expenses				2.00%
Percentage Determined For Net Income				25.00%
Total expenses				10,150,211	3,895,104	900,893	677,415
Other Receivables						973,607
Total Expenses		1,646,818	0
Other Liabilities		677,415
Reimbursement Amount				677,415
Preferred Stock, Shares Issued (in shares)				0	0
Preferred Stock, Par Or Stated Value Per Share (in dollars per share)				$ 0.01	$ 0.01
Excess Of Cumulative Percentage				15.00%
Cumulative Percentage				8.00%
Property Management Fee, Percent Fee				4.00%
Oversight Fee Percentage				1.00%
Accounts Receivable, Related Parties, Current					0
Offering Costs				2,407,524
Percentage Exceed On Organization and Offering Costs				15.00%
Payment Of Outstanding Accounts Payable				1,300,000
Outstanding Accounts Payable Unpaid Amount				$ 1,400,000
Convertible Preferred Stock [Member]
Preferred Stock, Shares Issued (in shares)				1,000	1,000
Preferred Stock, Par Or Stated Value Per Share (in dollars per share)				$ 0.01	$ 0.01
Minimum [Member]
Related Party Transaction Acquistion Fee Percentage	1.75%
Maximum [Member]
Related Party Transaction Acquistion Fee Percentage	2.50%