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Investments in Real Estate (Details Textual) (USD $)
In Thousands, except Share data, unless otherwise specified
Jun. 30, 2012
Number
Apr. 29, 2011
Number
Investments in Real Estate (Textual) [Abstract]    
Number of units located with multifamily properties 1,812 6
Number of multifamily property owned 7  
Contribution value of the initial portfolio   $ 103,790
Limited partner interests issued for acquisition of the initial portfolio   39,215
Limited partner units issued for acquisition of the initial portfolio   3,921,500
Additional Limited partner interests Value   $ 1,250
Additional Limited partner units   125,000