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INTANGIBLE LEASE ASSETS AND LIABILITIES - Summary of Estimated Amortization and Accretion (Details) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Future Amortization Amount    
Total Intangible Lease Assets—Net $ 37,112,279 $ 38,758,059
Future Accretion to Income Property Revenue    
Total Intangible Lease Liabilities—Net (28,415,319) $ (29,770,441)
Net Future Amortization of Intangible Assets and Liabilities    
Remainder of 2018 814,877  
2019 3,063,619  
2020 2,688,926  
2021 847,636  
2022 183,809  
2023 (178,554)  
Thereafter 1,276,647  
Total 8,696,960  
Value of In-Place Leases and Intangible Leasing Costs    
Future Amortization Amount    
Remainder of 2018 1,370,307  
2019 5,452,670  
2020 5,011,249  
2021 3,320,813  
2022 2,702,885  
2023 2,359,734  
Thereafter 15,162,176  
Total Intangible Lease Assets—Net 35,379,834  
Value of Below Market, net of Above Market In-Place Leases    
Future Accretion to Income Property Revenue    
Remainder of 2018 (555,430)  
2019 (2,389,051)  
2020 (2,322,323)  
2021 (2,473,177)  
2022 (2,519,076)  
2023 (2,538,288)  
Thereafter (13,885,529)  
Total Intangible Lease Liabilities—Net $ (26,682,874)