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Debt (Details 1)
Jun. 30, 2016
USD ($)
Long-term Debt, Maturities, Repayments of Principal [Line Items]  
2016 $ 1,505,827
2017 22,455,455 [1]
2018 125,575,654 [2]
2019 2,750,823
2020 38,867,169
Thereafter 198,401,232
Total 389,556,160
Scheduled Principal [Member]  
Long-term Debt, Maturities, Repayments of Principal [Line Items]  
2016 1,505,827
2017 2,710,697 [1]
2018 2,575,654 [2]
2019 2,750,823
2020 1,100,218
Thereafter 9,761,232
Total 20,404,451
Balloon Payment [Member]  
Long-term Debt, Maturities, Repayments of Principal [Line Items]  
2016 0
2017 19,744,758 [1]
2018 123,000,000 [2]
2019 0
2020 37,766,951
Thereafter 188,640,000
Total $ 369,151,709
[1] The balloon payment is related to a mortgage note that matures in May 2017 and may be extended, at the Company’s election, for a two-year term to May 2019, subject to certain conditions.
[2] The balloon payment balance includes the balance outstanding under the Credit Facility as of June 30, 2016. The Credit Facility matures in July 2018 and may be extended for one year at the Company’s election, subject to certain conditions.