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Investments in Real Estate (Details Textual) (USD $)
In Thousands, except Share data, unless otherwise specified
Sep. 30, 2012
Number
Sep. 30, 2011
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     39,215
Additional Limited partner interests Value     1,250
Additional Limited partner units     125,000
Mortgage indebtedness of operating partnership   $ 64,575 $ 64,575