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Compensation and Services Agreement (Details) (Majestic Property Management Corp, USD $) | 6 Months Ended
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Jun. 30, 2014
Majestic Property Management Corp |
Compensation and Services Agreement |
Total fees under compensation and services agreement for 2014 | $ 3,300,000
Total fees agreed under compensation and services agreement for 2015 | 3,465,000
Overhead expenses under compensation and services agreement for 2014 | 186,375
Overhead expenses under compensation and services agreement for 2015 | 195,694
Management fees agreed under compensation and services agreement for 2014 | 850,000
Management fees under compensation and services agreement for 2015 | 892,500
Increase in total fees under compensation and services agreement for 2014 vs. 2013 | 400,000
Increase in total fees under compensation and services agreement for 2015 vs. 2014 | $ 165,000

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- Definition Represents the management fees included in the annual amount to be paid under the agreement with the related party for the current fiscal year. + References No definition available. + Details
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- Definition Represents the overhead expenses included in the annual amount to be paid under the agreement with the related party for the current fiscal year. + References No definition available. + Details
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- Definition Represents the management fees included in the annual amount to be paid under the agreement with the related party for the next fiscal year following the current fiscal year. + References No definition available. + Details
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- Definition Represents the overhead expenses included in the annual amount to be paid under the agreement with the related party for the next fiscal year following the current fiscal year. + References No definition available. + Details
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