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INTANGIBLE LEASE ASSETS AND LIABILITIES - Components (Details) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Intangible Assets And Liabilities [Line Items]    
Sub-total Intangible Lease Assets $ 53,017,216 $ 50,198,683
Accumulated Amortization (12,918,170) (11,440,624)
Total Intangible Lease Assets—Net 40,099,046 38,758,059
Intangible Lease Liabilities    
Value of Below Market In-Place Leases (36,109,518) (35,312,017)
Sub-total Intangible Lease Liabilities (36,109,518) (35,312,017)
Accumulated Amortization 6,245,766 5,541,576
Total Intangible Lease Liabilities—Net (29,863,752) (29,770,441)
Total Intangible Assets and Liabilities—Net 10,235,294 8,987,618
Value of In-Place Leases    
Intangible Assets And Liabilities [Line Items]    
Sub-total Intangible Lease Assets 38,046,241 36,827,226
Value of Above Market In-Place Leases    
Intangible Assets And Liabilities [Line Items]    
Sub-total Intangible Lease Assets 2,966,322 2,966,322
Value of Intangible Leasing Costs    
Intangible Assets And Liabilities [Line Items]    
Sub-total Intangible Lease Assets $ 12,004,653 $ 10,405,135