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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2015
Accounting Policies [Abstract] |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The following schedule summarizes the Company’s amortization of deferred expenses for the years ended December 31, 2015, 2014 and 2013, respectively:
Year Ended December 31, |  | 2015 |  | 2014 |  | 2013 |
Financing Costs |  | $ | 689,322 |  | $ | 950,878 |  | $ | 736,425 |
Leasing Costs |  |  | 97,140 |  |  | 125,946 |  |  | 113,101 |
Lease Intangibles |  |  | 4,859,103 |  |  | 2,490,585 |  |  | 1,633,691 |
Total |  | $ | 5,645,566 |  | $ | 3,567,409 |  | $ | 2,483,217 |
The following schedule represents estimated future amortization of deferred expenses as of December 31, 2015:
Year Ending December 31, |  | 2016 |  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | Thereafter |  | Total |
Financing Costs |  | $ | 679,955 |  | $ | 645,554 |  | $ | 469,055 |  | $ | 316,573 |  | $ | 290,056 |  | $ | 784,374 |  | $ | 3,185,567 |
Leasing Costs |  |  | 87,784 |  |  | 87,123 |  |  | 84,789 |  |  | 82,662 |  |  | 64,552 |  |  | 257,655 |  |  | 664,565 |
Lease Intangibles |  |  | 6,660,774 |  |  | 6,611,983 |  |  | 6,532,504 |  |  | 6,140,221 |  |  | 5,878,479 |  |  | 44,728,353 |  |  | 76,552,316 |
Total |  | $ | 7,428,514 |  | $ | 7,344,660 |  | $ | 7,086,348 |  | $ | 6,539,456 |  | $ | 6,233,087 |  | $ | 45,770,383 |  | $ | 80,402,447 |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The following is a reconciliation of the denominator of the basic net earnings per common share computation to the denominator of the diluted net earnings per common share computation for each of the periods presented:
|  | Year Ended December 31, |
|  | 2015 |  | 2014 |  | 2013 |
Weighted average number of common shares outstanding |  |  | 18,215,628 |  |  | 15,121,212 |  |  | 13,314,989 |
Less: Unvested restricted stock |  |  | (212,506) |  |  | (238,626) |  |  | (249,082) |
Weighted average number of common shares outstanding used in basic earnings per share |  |  | 18,003,122 |  |  | 14,882,586 |  |  | 13,065,907 |
Weighted average number of common shares outstanding used in basic earnings per share |  |  | 18,003,122 |  |  | 14,882,586 |  |  | 13,065,907 |
Effect of dilutive securities: restricted stock |  |  | 62,293 |  |  | 84,309 |  |  | 91,598 |
Weighted average number of common shares outstanding used in diluted earnings per share |  |  | 18,065,415 |  |  | 14,966,895 |  |  | 13,157,505 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: 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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