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Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue:        
Rent income, from a related party $ 3,050,970 $ 2,522,042 $ 5,896,327 $ 4,813,521
Interest and other income 1,279 474 1,850 1,000
Total revenue 3,052,249 2,522,516 5,898,177 4,814,521
Expenses:        
Interest on mortgage 3,453,594 2,122,282 6,494,558 3,949,961
Supervisory services, to a related party 205,326 202,681 410,652 405,362
Depreciation of building and tenant improvements 2,895,366 1,874,586 5,311,319 3,423,756
Amortization of leasing costs 448,881 379,325 809,027 647,767
Formation transaction expenses 500,421 208,471 1,261,223 330,604
Professional fees, including amounts paid to a related party 1,144,277 205,949 2,440,414 427,474
Other 62,185 3,026 119,032 20,373
Total expenses 8,710,050 4,996,320 16,846,225 9,205,297
Net loss (5,657,801) (2,473,804) (10,948,048) (4,390,776)
Loss per $10,000 participation unit, based on 3,300 participation units outstanding during the period $ (1,714.49) $ (749.64) $ (3,317.59) $ (1,330.54)
Distributions per $10,000 participation unit consisted of the following:        
Income            
Return of capital $ 294.65 $ 294.65 $ 4,605.66 $ 5,844.75
Total distributions $ 294.65 $ 294.65 $ 4,605.66 $ 5,844.75