Related Party Transactions (Details) (USD $)	3 Months Ended			6 Months Ended				12 Months Ended	6 Months Ended	12 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2012 Related Party Incurred [Member]	Dec. 31, 2011 Related Party Incurred [Member]	Jun. 30, 2012 Related Party Paid [Member]	Dec. 31, 2011 Related Party Paid [Member]	Jun. 30, 2012 Related Party Paid Payable and Receivable [Member]	Dec. 31, 2011 Related Party Paid Payable and Receivable [Member]
Advisor and Property Manager Fees [Abstract]
Acquisition fees and expenses			$ 1,100,000			$ 4,100,000	$ 3,159,000	$ 1,680,000	$ 3,159,000	$ 3,309,344
Operating expenses	80,000				200,000		161,556	339,203	165,579	299,288	80,778	84,801
Asset management fees to affiliates	461,142	260,664		828,461	464,876		828,461	1,083,304	771,785	1,041,222	159,749	103,073
Property management fees							285,541	377,078	266,397	363,313	54,890	35,746
Costs advanced by the Advisor							391,154	50,193	177,126	667,399	240,763	26,735
Total amount payable to the Advisor							4,825,712	3,529,778	4,539,887	5,680,566	536,180	250,355
Allowable organizational and offering costs							3,065,488	1,854,645			3,065,488	1,854,645
Related party actual organizational and offering costs				0			(3,065,488)	(2,564,521)			(3,065,488)	(2,564,521)
Total							4,825,712	2,819,902	4,539,887	5,680,566	536,180	(459,521)
Dealer Manager fees							$ 3,125,083	$ 3,570,133	$ 3,125,083	$ 3,570,133