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Equity Method Investments (Details 1) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Balance Sheet:    
Real estate, net of depreciation $ 22,188,399 $ 22,873,918
Other assets 394,866 341,334
Total assets 22,583,265 23,215,252
Mortgage payable 17,600,839 17,896,524
Other liabilities 139,465 155,151
Total liabilities 17,740,304 18,051,675
Stockholders' equity 4,842,961 5,163,577
Total liabilities and stockholders' equity. 22,583,265 23,215,252
Operating Statements:    
Rental revenues 2,670,382 2,662,547
Operating expenses (980,362) (1,014,131)
Income before debt service, acquisition costs, and depreciation and amortization 1,690,020 1,648,416
Mortgage interest (763,363) (774,973)
Acquisition costs 0 0
Depreciation and amortization (792,069) (781,965)
Net income (loss) 134,588 91,478
Net (income) loss attributable to JV partners (109,900) (72,336)
Net Income Loss Equity Method Investment Total 24,688 19,142
Amortization of deferred financing costs paid on behalf of joint ventures (1,284) (1,284)
Equity in earnings (loss) of unconsolidated joint ventures $ 23,404 $ 17,858