Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
OPERATING REVENUES:
Fixed rent	$ 2,081,832	$ 1,370,894
Participating rent	136,788	822,061
Recovery of real estate taxes	183,472	116,391
Other income	23,750	18,050
Total operating revenues	2,425,842	2,327,396
OPERATING EXPENSES:
Depreciation	954,831	443,980
Management and performance fees—related party		689,145
Property operating expenses	585,108	440,242
Due diligence costs on non-consummated transactions	136,862
Professional fees	394,249	99,181
Sub-advisory fees	646,072
General and administrative expenses	1,609,405	65,015
Total operating expenses	4,326,527	1,737,563
OPERATING (LOSS) INCOME	(1,900,685)	589,833
Interest income	(872)	(546)
Interest expense and financing costs	372,598	95,860
Total other expense	371,726	95,314
(LOSS) INCOME BEFORE LOSS ON SALE OF ASSETS	(2,272,411)	494,519
Loss on sale of assets	(7,258)
(LOSS) INCOME BEFORE INCOME TAXES	(2,279,669)	494,519
Income tax provision	34,053	79,832
NET (LOSS) INCOME	(2,313,722)	414,687
Less net (loss) income attributable to non-controlling interests	(369,522)	128,757
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY	$ (1,944,200)	$ 285,930
(LOSS) EARNINGS PER WEIGHTED AVERAGE COMMON SHARE:
Basic and diluted	$ (0.12)	$ 0.03
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic and diluted	16,901,083	10,890,847