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Real Estate Investments (Tables) | 3 Months Ended
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Mar. 31, 2015
Real Estate [Abstract] |
Schedule of Real Estate Properties [Table Text Block] | Real estate investments consisted of the following as of March 31, 2015 and December 31, 2014:
|  | March 31, 2015 |  | December 31, 2014 |
Number of Properties |  |  | 233 |  |  | 209 |
Gross Leasable Area |  |  | 4,658,000 |  |  | 4,315,000 |
Land |  | $ | 203,982,919 |  | $ | 195,091,303 |
Buildings |  |  | 434,288,988 |  |  | 393,826,467 |
Property under Development |  |  | 294,357 |  |  | 229,242 |
Gross Real Estate Investments |  | $ | 638,566,264 |  | $ | 589,147,012 |
Less Accumulated Depreciation |  | $ | (61,641,135) |  | $ | (59,089,851) |
Net Real Estate Investments |  | $ | 576,925,129 |  | $ | 530,057,161 |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | The following table details lease intangibles, net of accumulated amortization, as of March 31, 2015 and December 31, 2014:
|  | March 31, 2015 |  | December 31, 2014 |
Intangible Lease Asset - In-Place Leases |  | $ | 39,244,866 |  | $ | 36,680,630 |
Less: Accumulated Amortization |  |  | (4,611,284) |  |  | (3,897,008) |
Intangible Lease Asset - Above-Market Leases |  |  | 40,168,302 |  |  | 31,642,267 |
Less: Accumulated Amortization |  |  | (4,704,243) |  |  | (4,111,435) |
Intangible Lease Liability - Below-Market Leases |  |  | (16,221,141) |  |  | (15,124,210) |
Less: Accumulated Amortization |  |  | 2,643,776 |  |  | 2,289,358 |
Lease Intangible Asset, net |  | $ | 56,520,276 |  | $ | 47,479,602 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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