Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Operating activities:
Net loss	$ (2,153,956)	$ (1,831,197)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	5,026,957	5,288,896
Amortization of above- and below-market lease intangibles	229,823	216,762
Amortization of loan costs	146,009	184,179
Loss on early extinguishment of debt		99,134
Straight-line rent adjustments	(1,057,976)	(552,663)
Deferred income taxes	315,416
Changes in operating assets and liabilities:
Other assets	(81,869)	113,022
Accounts payable and accrued expenses	77,869	(279,515)
Due to related parties	(74,158)	(614,025)
Unearned rent	(117,512)	204,972
Real estate taxes payable	(234,595)	276,888
Net cash provided by operating activities	2,076,008	3,106,453
Investing activities:
Capital expenditures	(66,690)	(14,202)
Changes in restricted cash	32,709	(154,357)
Net cash used in investing activities	(33,981)	(168,559)
Financing activities:
Subscriptions received for common stock through public offering and reinvestment plan		19,729,348
Repayments of mortgage notes payable	(996,581)	(4,912,237)
Repayments on credit facility		(820,000)
Payment of stock issuance and offering costs		(2,911,775)
Distributions to stockholders	(4,029,108)	(3,711,363)
Payment of loan costs		(240,963)
Redemptions of common stock		(1,266,272)
Net cash (used in) provided by financing activities	(5,025,689)	5,866,738
Effect of exchange rate fluctuation on cash	(103,055)	37,699
Net (decrease) increase in cash and cash equivalents	(3,086,717)	8,842,331
Cash and cash equivalents at beginning of period	10,282,179	2,037,120
Cash and cash equivalents at end of period	7,195,462	10,879,451
Amounts incurred but not paid:
Distributions declared	$ 441,144	$ 441,144