Basis of Presentation and Summary of Significant Accounting Policies (Details 1) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Organizational and offering costs incurred including those due to the Advisor
Cumulative offering costs- Private and Public Offerings	$ 11,508,541	$ 7,944,029
Cumulative organizational costs- Private and Public Offerings	375,760	373,953
Organizational and offering costs previously advanced by the Advisor	240,763	26,735
Adjustment to organizational and offering costs pursuant to limitations the Advisor is subject to		(709,876)
Net due to/(from) Advisor	$ 240,763	$ (683,141)