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Condensed Consolidated Statements of Stockholder's Equity (Unaudited) (USD $)
Total
Common Stock
Capital in Excess of Par Value
Accumulated Distributions in Excess of Earnings
Balance at Dec. 31, 2011 $ 10,846,504 $ 13,834 $ 12,262,806 $ (1,430,136)
Balance, shares at Dec. 31, 2011 1,383,441 1,383,441    
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock, shares   5,394,688    
Issuance of common stock 53,810,093 53,947 53,756,146  
Distributions to investors (1,028,090)     (1,028,090)
Commissions on stock sales and related dealer manager fees (4,702,937)   (4,702,937)  
Other offering costs (809,203)   (809,203)  
Changes in redeemable common stock (368,015)   (368,015)  
Net income (251,508)     (251,508)
Balance at Jun. 30, 2012 $ 57,496,844 $ 67,781 $ 60,138,797 $ (2,709,734)
Balance, shares at Jun. 30, 2012 6,778,129 6,778,129