Mortgage Notes Payable (Tables)

12 Months Ended

Dec. 31, 2014

Mortgage Notes Payable [Abstract]

Schedule of Debt [Table Text Block]

(in thousands)
Property	Principal Balance at December 31, 2014		Principal Balance at December 31, 2013		Monthly Payment Including Interest		Stated Interest Rate	Maturity Date	Principal Balance Due at Maturity
Colony at Kenilworth Apartments 1st mortgage	$	10,970	$	11,144	$	84	7.58%	7/1/2021	$	9,451
Colony at Kenilworth Apartments 2nd mortgage	11,668		11,904		78		5.93%	7/1/2019	10,415
Total	$	22,638	$	23,048	$	162			$	19,866

Schedule of Maturities of Long-term Debt [Table Text Block]

2015	$	438
2016	468
2017	501
2018	535
2019	10,826
Thereafter	9,870
	$	22,638