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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)
Common Stock
Preferred Stock
Treasury Stock
Additional Paid-In Capital
Loans To Directors and Key Employees
Undistributed Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Total MREIC's Shareholders' Equity
Noncontrolling Interest
Total
Balance at Sep. 30, 2008 $ 245,671 $ 33,062,500 $ 0 $ 133,943,807 $ (1,201,563) $ 0 $ (6,139,451) $ 159,910,964 $ 3,619,156 $ 163,530,120
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares Issued in Connection with the DRIP 12,217 0 0 7,438,287 0 0 0 7,450,504 0 7,450,504
Purchase of Treasury Stock 0 0 (24,905) 0 0 0 0 (24,905) 0 (24,905)
Stock Based Compensation Expense 0 0 0 77,351 0 0 0 77,351 0 77,351
Distributions 0 0 0 (15,852,492) 0 868,313 0 (14,984,179) 0 (14,984,179)
Distributions to Noncontrolling Interest 0 0 0 0 0 0 0 0 (379,693) (379,693)
Net Income Attributable to MREIC's Common Shareholders 0 0 0 0 0 (868,313) 0 (868,313) 0 (868,313)
Net Income Attributable to Noncontrolling Interest 0 0 0 0 0 0 0 0 153,983 153,983
Unrealized Net Holding Gain (Loss) on Securities Available for Sale, Net of Reclassification Adjustment 0 0 0 0 0 0 9,936,282 9,936,282 0 9,936,282
Balance at Sep. 30, 2009 257,888 33,062,500 (24,905) 125,606,953 (1,201,563) 0 3,796,831 161,497,704 3,393,446 164,891,150
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares Issued in Connection with the DRIP 22,529 0 0 15,907,876 0 0 0 15,930,405 0 15,930,405
Shares Issued in Connection with Registered Direct Placements, net of offering costs 57,302 0 0 38,581,635 0 0 0 38,638,937 0 38,638,937
Shares Issued Through the Exercise of Stock Options 1,163 0 0 763,134 0 0 0 764,297 0 764,297
Shares Issued Through Restricted Stock Awards 679 0 0 (679) 0 0 0 0 0 0
Stock Based Compensation Expense 0 0 0 33,860 0 0 0 33,860 0 33,860
Purchase of Noncontrolling Interest 0 0 0 (169,786) 0 0 0 (169,786) (779,016) (948,802)
Distributions 0 0 0 (9,979,924) 0 (8,486,301) 0 (18,466,225) 0 (18,466,225)
Distributions to Noncontrolling Interest 0 0 0 0 0 0 0 0 (344,414) (344,414)
Net Income Attributable to MREIC's Common Shareholders 0 0 0 0 0 8,486,301 0 8,486,301 0 8,486,301
Net Income Attributable to Noncontrolling Interest 0 0 0 0 0 0 0 0 207,737 207,737
Unrealized Net Holding Gain (Loss) on Securities Available for Sale, Net of Reclassification Adjustment 0 0 0 0 0 0 6,319,226 6,319,226 0 6,319,226
Balance at Sep. 30, 2010 339,561 33,062,500 (24,905) 170,743,069 (1,201,563) 0 10,116,057 213,034,719 2,477,753 215,512,472
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares Issued in Connection with the DRIP 24,787 0 0 19,347,548 0 0 0 19,372,335 0 19,372,335
Shares Issued in Connection with Registered Direct Placements, net of offering costs 0 20,431,250 0 (1,452,615) 0 0 0 18,978,635 0 18,978,635
Shares Issued Through the Exercise of Stock Options 2,859 0 0 2,178,625 0 0 0 2,181,484 0 2,181,484
Shares Issued Through Restricted Stock Awards 754 0 0 (754) 0 0 0 0 0 0
Cancellation of Shares related to Forfeiture of Restricted Stock Awards (111) 0 0 111 0 0 0 0 0 0
Stock Based Compensation Expense 0 0 0 163,150 0 0 0 163,150 0 163,150
Purchase of Noncontrolling Interest 0 0 0 (1,765,041) 0 0 0 (1,765,041) (2,373,250) (4,138,291)
Distributions 0 0 0 (9,822,054) 0 (11,338,979) 0 (21,161,033) 0 (21,161,033)
Distributions to Noncontrolling Interest 0 0 0 0 0 0 0 0 (160,868) (160,868)
Repayment of Loans 0 0 0 0 118,750 0 0 118,750 0 118,750
Net Income Attributable to MREIC's Common Shareholders 0 0 0 0 0 11,338,979 0 11,338,979 0 11,338,979
Net Income Attributable to Noncontrolling Interest 0 0 0 0 0 0 0 0 84,953 84,953
Unrealized Net Holding Gain (Loss) on Securities Available for Sale, Net of Reclassification Adjustment 0 0 0 0 0 0 (7,747,894) (7,747,894) 0 (7,747,894)
Balance at Sep. 30, 2011 $ 367,850 $ 53,493,750 $ (24,905) $ 179,392,039 $ (1,082,813) $ 0 $ 2,368,163 $ 234,514,084 $ 28,588 $ 234,542,672