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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
Real Estate:    
Total real estate, net $ 182,648,799 $ 149,607,378
Cash and cash equivalents 35,916,192 4,359,664
Restricted cash 781,354 708,794
Due from Supervisor, a related party 324,111 324,111
Overage rent due from Sublessee, a related party   24,199,368
Other receivables 175,424 491,572
Due from Sublessee, a related party 8,778,000 15,174,264
Deferred costs 13,609,564 12,403,174
Other assets   61,042
Leasing costs, less accumulated amortization of $2,597,052 in 2013 and $1,928,113 in 2012 24,156,134 20,001,542
Mortgage financing costs, less accumulated amortization of $7,098,234 in 2013 and $4,375,168 in 2012 6,384,933 7,369,210
Total assets 272,774,511 234,700,119
Liabilities:    
Mortgage payable 269,000,000 219,000,000
Accrued mortgage interest 758,651 686,092
Due to Sublessee, a related party 17,435,294 3,146,689
Accrued supervisory fees, to a related party    846,000
Accrued expenses 31,324 26,859
Due to Supervisor, a related party 2,895,026 2,193,548
Total liabilities 290,120,295 225,899,188
Commitments and contingencies      
Members' equity (deficiency) (at June 30, 2013 and December 31, 2012, there were 3,300 units (at $10,000 per unit) of participation units outstanding) (17,345,784) 8,800,931
Total liabilities and members' equity (deficiency) 272,774,511 234,700,119
Building [Member]
    
Real Estate:    
Real estate 38,933,801 38,933,801
Less: Accumulated depreciation (11,189,964) (10,690,833)
Total real estate, net 27,743,837 28,242,968
Building Improvements [Member]
    
Real Estate:    
Real estate 61,826,131 45,641,988
Less: Accumulated depreciation (2,475,802) (1,731,973)
Total real estate, net 59,350,329 43,910,015
Building Improvements in Progress [Member]
    
Real Estate:    
Total real estate, net 18,880,998 19,184,883
Tenant Improvements [Member]
    
Real Estate:    
Real estate 66,176,460 43,703,979
Less: Accumulated depreciation (11,053,413) (6,985,055)
Total real estate, net 55,123,047 36,718,924
Land [Member]
    
Real Estate:    
Total real estate, net $ 21,550,588 $ 21,550,588