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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities    
Net income $ 18,414,654 $ 16,959,010
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,991,774 5,509,825
Amortization 3,758,178 2,386,240
Amortization from financing and credit facility costs 344,353 117,558
Stock-based compensation 1,216,927 1,044,797
Loss on extinguishment of debt 0 179,867
(Gain) loss on sale of assets (2,717,903) (3,535,310)
(Increase) decrease in accounts receivable (2,555,844) (1,185,496)
(Increase) decrease in other assets (190,069) (238,231)
Increase (decrease) in accounts payable 1,684,981 (23,930)
Increase (decrease) in deferred revenue (231,690) (231,690)
Increase (decrease) in accrued interest (84,771) 167,597
Increase (decrease) in tenant deposits 65,117 5,289
Net Cash Provided by Operating Activities 26,695,707 21,155,526
Cash Flows from Investing Activities    
Acquisition of real estate investments (185,441,950) (124,414,224)
Development of real estate investments and other (including capitalized interest of $13,659 in 2016 and $2,512 in 2015) (8,138,725) (725,010)
Payment of leasing costs (520,728) (65,410)
Net proceeds from sale of assets 7,026,690 8,800,618
Net Cash Used In Investing Activities (187,074,713) (116,404,026)
Cash Flows from Financing Activities    
Proceeds from common stock offerings, net 112,077,131 13,607,946
Repurchase of common shares (703,055) 0
Unsecured revolving credit facility borrowings 180,000,000 111,500,000
Unsecured revolving credit facility repayments (100,000,000) (111,500,000)
Payments of mortgage notes payable (10,028,208) (3,765,556)
Senior unsecured notes proceeds 0 100,000,000
Dividends paid (19,247,078) (15,814,152)
Limited partners' distributions paid (323,286) (312,857)
Debt extinguishment costs 0 (150,084)
Payments for financing costs (73,506) (845,652)
Net Cash Provided by Financing Activities 161,701,998 92,719,645
Net Increase (Decrease) in Cash and Cash Equivalents 1,322,992 (2,528,855)
Cash and Cash Equivalents, beginning of period 2,711,588 5,399,458
Cash and Cash Equivalents, end of period 4,034,580 2,870,603
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest (net of amounts capitalized) 6,926,135 4,857,829
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Shares issued under equity incentive plans 3,059,018 2,463,751
Dividends and limited partners' distributions declared and unpaid 11,513,022 8,556,534
Real estate investment financed with accounts payable $ 289,374 $ 27,837