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Derivative Instruments and Hedging Activity (Tables) | 12 Months Ended
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Dec. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block] | The company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:
|  | Number of Instruments |  |  | Notional |
|  | December 31, |  |  | December 31, |  |  | December 31, |  |  | December 31, |
Interest Rate Derivatives |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Interest Rate Swap |  |  | 3 |  |  |  | 1 |  |  | $ | 47,601,978 |  |  | $ | 23,150,078 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] | The table below presents the estimated fair value of the Company’s derivative financial instruments as well as their classification in the consolidated balance sheets.
|  | Liability Derivatives
|  | December 31, 2012 |  | December 31, 2011
|  | Balance Sheet Location |  | Fair Value |  |  | Balance Sheet Location |  | Fair Value |
Derivatives designated as cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |
Interest Rate Swaps |  | Other Liabilities |  | $ | 1,337,998 |  |  | Other Liabilities |  | $ | 629,460 |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] | The table below presents the effect of the Company’s derivative financial instruments in the consolidated statements of operations and other comprehensive loss for the years ended December 31, 2012 and 2011.
Derivatives in Cash Flow Hedging Relationships |  | Amount of Income/(Loss) Recognized in OCI on Derivative (Effective Portion) |  |  | Location of Income/(Loss) Reclassifed from Accumulated OCI into Income (Effective Portion) |  |  | Amount of Income/(Loss) Reclassified from Accumulated OCI into Expense (Effective Portion) |  |  | Location of Loss Recognized In Income of Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) |  |  | Amount of Loss Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing and Missed Forecasted Transactions) |
|  | 2012 |  |  | 2011 |  |  |  |  |  | 2012 |  |  | 2011 |  |  |  |  |  | 2012 |  |  | 2011 |
Interest rate swaps |  | $ | (708,538 | ) |  | $ | 163,751 |  |  |  | Interest Expense |  |  | $ | (470,055 | ) |  | $ | (470,703 | ) |  |  |  |  |  | $ | - |  |  | $ | - |

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- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959 + Details
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