XML 20 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Common Stock [Member]
Additional Paid-In Capital [Member]
Noncontrolling Interest [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2008 $ 786 $ 143,892,158 $ 5,346,741 $ (11,257,531) $ 0  
Balance (in shares) at Dec. 31, 2008 7,863,930          
Issuance of restricted stock under the Equity Incentive Plan 8 0 0 0 0  
Issuance of restricted stock under the Equity Incentive Plan (in shares) 74,350          
Conversion of OP Units 26 2,398,186 (2,398,186) 0 0  
Conversion of OP Units (in shares) 257,794          
Vesting of restricted stock 0 1,175,757 0 0 0  
Other comprehensive income 0 0 (3,947) 0 (70,806)  
Dividends and distributions 0 0 (831,087) (16,419,257) 0  
Net income 0 0 950,046 17,043,990 0 17,043,990
Balance at Dec. 31, 2009 820 147,466,101 3,063,567 (10,632,798) (70,806)  
Balance (in shares) at Dec. 31, 2009 8,196,074          
Issuance of common stock, net of issuance costs 150 31,072,596 0 0 0  
Issuance of common stock, net of issuance costs (in shares) 1,495,000          
Issuance of restricted stock under the Equity Incentive Plan 9 0 0 0 0  
Issuance of restricted stock under the Equity Incentive Plan (in shares) 88,550          
Forfeiture of restricted stock (3)          
Forfeiture of restricted stock (in shares) (20,610)          
Vesting of restricted stock 0 1,166,656 0 0 0  
Other comprehensive income 0 0 (24,529) 0 (693,929)  
Dividends and distributions 0 0 (709,143) (19,136,249) 0  
Net income 0 0 561,039 15,066,795 0 15,066,795
Balance at Dec. 31, 2010 976 179,705,353 2,890,934 (14,702,252) (764,735) 167,130,276
Balance (in shares) at Dec. 31, 2010 9,759,014          
Issuance of restricted stock under the Equity Incentive Plan 10 0 0 0 0  
Issuance of restricted stock under the Equity Incentive Plan (in shares) 105,050          
Forfeiture of restricted stock (1) 0        
Forfeiture of restricted stock (in shares) (12,150)          
Vesting of restricted stock 0 1,364,280 0 0 0  
Other comprehensive income 0 0 5,584 0 158,167  
Dividends and distributions 0 0 (556,188) (15,767,384) 0  
Net income 0 0 338,395 9,551,142 0 9,551,142
Balance at Dec. 31, 2011 $ 985 $ 181,069,633 $ 2,678,725 $ (20,918,494) $ (606,568) $ 162,224,281
Balance (in shares) at Dec. 31, 2011 9,851,914