XML 19 R39.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Summary of Significant Accounting Policies (Details) (USD $) | Dec. 31, 2012 | Dec. 31, 2011
--- | --- | ---
Interest Rate Derivative Liabilities, at Fair Value | $ 1,337,998 | $ 629,460
Notes Payable | 43,530,005 | 56,443,898
Fair Value, Inputs, Level 1 [Member] |  |
Notes Payable | 0 |
Fair Value, Inputs, Level 2 [Member] |  |
Notes Payable | 43,530,005 |
Fair Value, Inputs, Level 3 [Member] |  |
Notes Payable | 0 |
Interest Rate Swap [Member] |  |
Notes Payable | 1,337,998 | 629,460
Interest Rate Swap [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value | 0 | 0
Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value | 1,337,998 | 629,460
Interest Rate Swap [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value | 0 | 0
Mortgages Payable [Member] |  |
Notes Payable | 117,376,142 | 62,854,057
Mortgages Payable [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value | 0 | 0
Mortgages Payable [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value | 0 | 0
Mortgages Payable [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value | 119,581,000 | 64,243,000
Variable Rate Debt [Member] |  |
Notes Payable |  | 56,443,898
Variable Rate Debt [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value |  | 0
Variable Rate Debt [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value |  | 56,443,898
Variable Rate Debt [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Interest Rate Derivative Liabilities, at Fair Value |  | $ 0

X
- Definition Fair value as of the balance sheet date of interest rate derivative liabilities, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -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
Name: | us-gaap_InterestRateDerivativeLiabilitiesAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13, 16 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
Name: | us-gaap_NotesPayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant