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CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (427,626) $ (3,041,161)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Unit-based compensation 105,000 78,750
Unrealized loss on derivatives 3,048,116 872,498
Amortization expense 2,002,284 1,538,380
Amortization of above-and below-market leases (321,006) (286,745)
Amortization of deferred loan costs 196,972 354,590
Receivables interest accretion (18,772) (15,381)
Impairments   2,762,436
Gain on the sale of real property interest (373,779) (72,502)
Changes in operating assets and liabilities:    
Rent receivables, net 58,312 (175,473)
Accounts payable and accrued liabilities (554,066) 759,266
Deferred rent receivables (26,804) (61,400)
Prepaid rent (36,659) (109,894)
Due from Landmark and affiliates 805,318 699,639
Other assets (146,815) 70,713
Net cash provided by operating activities 4,310,475 3,373,716
Investing activities    
Acquisition of land   (2,934,456)
Acquisition of real property interests   (17,804,796)
Proceeds from sales of real property interest 1,789,448 127,514
Repayments of receivables 186,181 167,708
Net cash provided by (used in) investing activities 1,975,629 (20,444,030)
Financing activities    
Proceeds from revolving credit facility 2,500,000 24,000,000
Proceeds from secured debt facilities   29,707,558
Principal payments on revolving credit facility (7,000,000) (1,000,000)
Principal payments on secured debt facilities   (30,001,073)
Deferred loan costs (137,663) (1,747)
Capital contribution to fund general and administrative expense reimbursement 644,512  
Distributions to limited partners (4,863,655) (1,053,532)
Consideration received from (paid to) General Partner associated with Acquired Assets 996,922 (4,617,330)
Net cash provided by (used in) financing activities (7,859,884) 17,033,876
Net decrease in cash and cash equivalents (1,573,780) (36,438)
Cash and cash equivalents at beginning of year 1,984,468 311,108
Cash and cash equivalents at end of year $ 410,688 $ 274,670