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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Dividends in excess of net income [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Non-Controlling Interest [Member]
Balance at Dec. 31, 2012 $ 197,965,134 $ 1,144 $ 217,768,918 $ (21,166,509) $ (1,294,267) $ 2,655,848
Balance (in shares) at Dec. 31, 2012   11,436,044        
Issuance of common stock, net of issuance costs 93,393,049 $ 337 93,392,712 0 0 0
Issuance of common stock, net of issuance costs (in shares)   3,375,000        
Issuance of restricted stock under the Equity Incentive Plan 9 $ 9 0 0 0 0
Issuance of restricted stock under the Equity Incentive Plan (in shares)   87,950        
Forfeiture of restricted stock (2) $ (2) 0 0 0 0
Forfeiture of restricted stock (in shares)   (15,680)        
Vesting of restricted stock 1,812,532 $ 0 1,812,532 0 0 0
Dividends and distributions declared for the period (22,957,311) 0 0 (22,387,217) 0 (570,094)
Other comprehensive income (loss) - change in fair value of interest rate swaps 1,812,535 0 0 0 1,765,984 46,551
Net income 20,189,611 0 0 19,674,575 0 515,036
Balance at Dec. 31, 2013 292,215,557 $ 1,488 312,974,162 (23,879,151) 471,717 2,647,341
Balance (in shares) at Dec. 31, 2013   14,883,314        
Issuance of common stock, net of issuance costs 73,302,109 $ 259 73,301,850 0 0 0
Issuance of common stock, net of issuance costs (in shares)   2,587,500        
Issuance of restricted stock under the Equity Incentive Plan 8 $ 8 0 0 0 0
Issuance of restricted stock under the Equity Incentive Plan (in shares)   81,864        
Issuance of restricted stock under the Omnibus Incentive Plan 0 $ 0 0 0 0 0
Issuance of restricted stock under the Omnibus Incentive Plan (in shares)   2,128        
Forfeiture of restricted stock (1) $ (1) 0 0 0 0
Forfeiture of restricted stock (in shares)   (14,860)        
Vesting of restricted stock 1,986,835 $ 0 1,986,835 0 0 0
Dividends and distributions declared for the period (27,798,310) 0 0 (27,193,453) 0 (604,857)
Other comprehensive income (loss) - change in fair value of interest rate swaps (2,583,833) 0 0 0 (2,531,715) (52,118)
Net income 18,913,009 0 0 18,487,992 0 425,017
Balance at Dec. 31, 2014 356,035,374 $ 1,754 388,262,847 (32,584,612) (2,059,998) 2,415,383
Balance (in shares) at Dec. 31, 2014   17,539,946        
Issuance of common stock, net of issuance costs 92,259,597 $ 304 92,259,293 0 0 0
Issuance of common stock, net of issuance costs (in shares)   3,043,812        
Issuance of restricted stock under the Omnibus Incentive Plan 9 $ 9 0 0 0 0
Issuance of restricted stock under the Omnibus Incentive Plan (in shares)   85,597        
Forfeiture of restricted stock (3) $ (3) 0 0 0 0
Forfeiture of restricted stock (in shares)   (32,054)        
Vesting of restricted stock 1,992,240 $ 0 1,992,240 0 0 0
Dividends and distributions declared for the period (35,336,882) 0 0 (34,695,684) 0 (641,198)
Other comprehensive income (loss) - change in fair value of interest rate swaps (1,093,251) 0 0 0 (1,070,378) (22,873)
Net income 39,762,455 0 0 39,017,855 0 744,600
Balance at Dec. 31, 2015 $ 453,619,539 $ 2,064 $ 482,514,380 $ (28,262,441) $ (3,130,376) $ 2,495,912
Balance (in shares) at Dec. 31, 2015   20,637,301