Equity (Tables)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Schedule of Common Stock

As of September 30, 2014, the Company had an aggregate of 1,730,937 shares of $0.01 par value common stock outstanding, including the Advisor's additional purchase of 117,778 shares of common stock for $1,060,000, as follows:

	Shares Issued	Gross Proceeds
Initial public offering	1,711,887	$	16,927,796
Shares issued through stock distributions	2,350	—
Shares issued through distribution reinvestment plan	1,700	16,152
Advisor's initial investment, net of 5,000 share conversion	15,000	200,000
	1,730,937	$	17,143,948