Acquired Below Market Lease Intangibles (Tables)

12 Months Ended

Dec. 31, 2012

Intangible Liabilities Disclosure [Abstract]

Schedule of finite-lived intangible liabilities

Acquired below market lease intangibles consisted of the following:

		As of December 31,
		2012		2011
Acquired below market leases, net of accumulated amortization of $51,089 and
	$2,044, respectively (with a weighted average life of 19.5 and 20.6 years, respectively)	$	902,350	$	951,395

Schedule of finite-lived intangible assets, future amortization expense

As of December 31, 2012, the estimated amortization of the intangible lease liability for each of the five succeeding fiscal years is as follows:

	Amortization of
Year ending December 31,	Below Market Leases
2013	$	49,045
2014	$	49,045
2015	$	49,045
2016	$	49,045
2017	$	49,045