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Expenses (Tables)
12 Months Ended
Dec. 31, 2012
Operating Expenses [Abstract]  
Expenses [Table Text Block]

The table below presents the Company's operating expenses for the years ended December 31, 2012 and 2011.

  Year Ended December 31,
   2012 2011
Legal fees $ -$ 8,627
Other professional fees   177,906  1,106,090
Direct REIT operating expenses   448,879  344,706
Other administrative expenses   106,014  132,657
Total expenses $ 732,799$ 1,592,080