INTANGIBLE LEASE ASSETS AND LIABILITIES - Schedule of Intangible Lease Assets and Liabilities (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Intangible Assets And Liabilities [Line Items]
Sub-total Intangible Lease Assets	$ 43,022,595	$ 40,894,592
Accumulated Amortization	(7,379,612)	(6,168,770)
Sub-total Intangible Lease Assets—Net	35,642,983	34,725,822
Intangible Lease Liabilities
Value of Below Market In-Place Leases	(34,141,817)	(33,370,217)
Sub-total Intangible Lease Liabilities	(34,141,817)	(33,370,217)
Sub-total Intangible Lease Liabilities—Net	(30,635,958)	(30,518,051)
Accumulated Amortization	3,505,859	2,852,166
Total Intangible Assets and Liabilities—Net	5,007,025	4,207,771
Value of In-Place Leases
Intangible Assets And Liabilities [Line Items]
Sub-total Intangible Lease Assets	32,725,992	30,978,776
Value of Above Market In-Place Leases
Intangible Assets And Liabilities [Line Items]
Sub-total Intangible Lease Assets	2,938,435	2,905,624
Value of Intangible Leasing Costs
Intangible Assets And Liabilities [Line Items]
Sub-total Intangible Lease Assets	$ 7,358,168	$ 7,010,192