Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATING REVENUES:
Fixed rent	$ 5,273,436	$ 3,289,130	$ 3,191,581
Participating rent	4,307,950	3,608,309	2,070,989
Recovery of real estate taxes	484,983	310,643	317,561
Other income	82,667	52,981	135,803
Total operating revenues	10,149,036	7,261,063	5,715,934
OPERATING EXPENSES:
Depreciation	2,027,091	1,530,911	1,265,275
Management and performance fees—related party	2,884,756	2,528,255	2,060,741
Property operating expenses	1,594,177	1,351,655	1,083,729
Acquisition–related expenses		44,712	431,309
Professional fees	1,020,882	406,008	342,291
Internalization expense	9,794,745
Sub-advisory fees	413,930
General and administrative expenses	912,489	273,321	175,491
Total operating expenses	18,648,070	6,134,862	5,358,836
OPERATING (LOSS) INCOME	(8,499,034)	1,126,201	357,098
Other (income) expense:
Interest income	(1,404)	(1,980)	(23,483)
Interest expense and financing costs	594,822	119,094	10,382
Total other expense (income)	593,418	117,114	(13,101)
(LOSS) INCOME BEFORE (LOSS) GAIN ON SALE OF ASSETS	(9,092,452)	1,009,087	370,199
(Loss) gain on sale of assets	(29,414)	47,701	463,478
(LOSS) INCOME BEFORE INCOME TAXES	(9,121,866)	1,056,788	833,677
Income tax provision	165,848
NET (LOSS) INCOME	(9,287,714)	1,056,788	833,677
Less net (loss) income attributable to non-controlling interests	(1,413,105)	346,071	280,226
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY	$ (7,874,609)	$ 710,717	$ 553,451
(LOSS) EARNINGS PER WEIGHTED AVERAGE COMMON SHARE:
Basic and diluted	$ (0.65)	$ 0.07	$ 0.06
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic and diluted	12,041,532	10,404,087	10,039,722