Intangible Lease Assets and Liabilities - Schedule of Intangible Lease Assets and Liabilities (Detail) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Acquired Indefinite-lived Intangible Assets [Line Items]
Sub-total Intangible Lease Assets	$ 21,794,586	$ 24,892,943
Accumulated Amortization	(4,566,676)	(4,805,792)
Sub-total Intangible Lease Assets—Net	17,227,910	20,087,151
Value of Below Market In-Place Leases	(32,483,281)	(32,315,741)
Sub-total Intangible Lease Liabilities	(32,483,281)	(32,315,741)
Accumulated Amortization	1,006,616	336,182
Sub-total Intangible Lease Liabilities—Net	(31,476,665)	(31,979,559)
Total	(14,248,755)	(11,892,408)
Value of In-Place Leases [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Sub-total Intangible Lease Assets	16,896,630	19,588,642
Value of Above Market In-Place Leases [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Sub-total Intangible Lease Assets	1,178,878	1,469,143
Value of Intangible Leasing Costs [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Sub-total Intangible Lease Assets	$ 3,719,078	$ 3,835,158