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Notes Payable (Tables)
 6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of notes payable
Notes payable consisted of the following:
 
June 30,
 
December 31,
 
2015
 
2014
Senior unsecured revolving credit facility
$
164,923,560

 
$
100,473,560

Note payable with land seller
7,000,000

 
9,500,000

Construction loans
3,060,199

 
3,777,774

 
$
174,983,759

 
$
113,751,334

 
 
 
 
Notes payable to affiliates
$
249,144

 
$
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