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INTANGIBLE LEASE ASSETS AND LIABILITIES - Summary of Estimated Amortization and Accretion of Intangible Lease Assets and Liabilities (Details)
Mar. 31, 2017
USD ($)
INTANGIBLE LEASE ASSETS AND LIABILITIES  
Future Amortization Expense, Remainder of 2017 $ 3,449,413
Future Amortization Expense, 2018 4,599,217
Future Amortization Expense, 2019 4,570,659
Future Amortization Expense, 2020 4,129,238
Future Amortization Expense, 2021 2,438,802
Future Amortization Expense, 2022 1,916,549
Future Amortization Expense, Thereafter 12,087,650
Future Amortization Expense, Total 33,191,528
Future Accretion to Income Property Revenue, Remainder of 2017 (1,614,711)
Future Accretion to Income Property Revenue, 2018 (2,163,801)
Future Accretion to Income Property Revenue, 2019 (2,158,677)
Future Accretion to Income Property Revenue, 2020 (2,091,948)
Future Accretion to Income Property Revenue, 2021 (2,242,803)
Future Accretion to Income Property Revenue, 2022 (2,313,964)
Future Accretion to Income Property Revenue, Thereafter (15,598,599)
Future Accretion to Income Property Revenue, Total (28,184,503)
Net Future Amortization of Intangible Assets and Liabilities, Remainder of 2017 1,834,702
Net Future Amortization of Intangible Assets and Liabilities, 2018 2,435,416
Net Future Amortization of Intangible Assets and Liabilities, 2019 2,411,982
Net Future Amortization of Intangible Assets and Liabilities, 2020 2,037,290
Net Future Amortization of Intangible Assets and Liabilities, 2021 195,999
Net Future Amortization of Intangible Assets and Liabilities, 2022 (397,415)
Net Future Amortization of Intangible Assets and Liabilities, Thereafter (3,510,949)
Net Future Amortization of Intangible Assets and Liabilities, Total $ 5,007,025