Note 3 - Managers and Other Related Parties (Tables)

3 Months Ended

Mar. 31, 2015

Related Party Transactions [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	Three months ended			Since Inception
Balance, January 1	$	1,255,600		$	—
Formation loan made		152,561			1,730,976
Unamortized discount on imputed interest		(17,944	)		(176,020	)
		1,390,217			1,554,956
Repayments received from RMC		(8,366	)		(326,558	)
Early withdrawal penalties applied		(260	)		(4,883	)
Formation loan, net		1,381,591			1,223,515
Unamortized discount on imputed interest		17,944			176,020
Balance, March 31	$	1,399,535		$	1,399,535
Subscription proceeds to date	$	24,613,235		$	24,613,235

Formation Loan, Future Minimum Payments [Table Text Block]

2015	$	125,560
2016		125,560
2017		125,560
2018		125,560
2019		125,560
Thereafter		771,735
Total	$	1,399,535

Asset Management Fee Activities [Table Text Block]

	Three months ended March 31,
	2015			2014
Maximum chargeable by the managers	$	44,149		$	34,263
Waived by the managers		(44,149	)		(34,263	)
Charged	$	—		$	—

Syndication Costs [Table Text Block]

	2015			2014
Balance, January 1	$	953,271		$	754,491
Costs reimbursed to RMC (1)		124,679			31,912
Costs paid by the company		—			517
Early withdrawal penalties applied (3)		(201	)		—
Allocated to date (2)		—			—
Balance, March 31	$	1,077,749		$	786,920
Gross offering proceeds	$	23,954,735		$	17,487,119
Percent reimbursed to RMC		4.50	%		4.50	%