Accrued Expenses (Tables)

6 Months Ended

Jun. 30, 2016

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued expenses consist of the following:

	June 30, 2016		December 31, 2015
Real estate taxes	$	217,066	$	—
Real estate costs		270,106		283,383
Legal		—		17,035
Accounting		—		6,065
Property expenses		6,067		16,853
Stockholder relations		—		1,250
Sundry		—		630
	$	493,239	$	325,216