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Mortgages Payable (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]
As of December 31, 2013, contractual principal payments for the five subsequent years and thereafter are as follows:
 
Year
 
Total
 
2014
 
$
511,600
 
2015
 
 
17,194,592
 
2016
 
 
1,675,851
 
2017
 
 
1,710,374
 
2018
 
 
1,745,595
 
Thereafter
 
 
83,731,980
 
 
 
$
106,569,992
 
Add: Unamortized fair value debt adjustment
 
 
4,690,512
 
Total
 
$
111,260,504