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Sale of its interests in Grove Isle Associates LLLP (Details) (Millions) (USD $)
Jun. 01, 2013
Mar. 29, 2013
Feb. 25, 2013
Sale of its interests in Grove Isle Associates LLLP      
The purchase price of interests     $ 24.4
The purchase price in cash     23.4
The purchase price in promissory note due from the Purchaser     1
Proceeds used to pay off the existing mortgage on the Grove Isle Property     2.7
The Company realized a gain on the sale of these interests     19
Incentive fee due to the Adviser of approximately     2.1
Provision for corporate income taxes estimated     2.5
Consisting of approximately in current income tax expense     1.6
Consisting of deferred income tax expense     915,000
Company received an additional proceeds for unpaid rent due by the Grove Isle tenant prior to the sale 327,000    
Purchaser exercised its option to purchase our 50% interest in the spa for 100,000    
The purchase price for the membership interests was paid in cash   3  
The Company realized a gain on the sale of these interests (as adjusted) approximately   $ 28,000