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Related Party Transactions (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Majestic
Related Party Transaction
Quarterly fees under compensation and services agreement			$ 633,750	$ 825,000
Overhead expenses under compensation and services agreement			48,900	46,600
Management fees under compensation and services agreement			223,125	212,500
Chairman
Related Party Transaction
Quarterly fees under compensation and services agreement			65,625	62,500
Vice Chairman
Related Party Transaction
Quarterly fees under compensation and services agreement			26,250	25,000
Gould Investors L.P.
Related Party Transaction
Share of property insurance premiums	$ 57,000	$ 50,000	114,000	100,000
Joint venture partners
Related Party Transaction
Real estate management and acquisition costs	359,000	$ 9,000	464,000	$ 21,000
Financing fee received	$ 131,000		$ 131,000
Percentage of financing fees in Other Income	50.00%		50.00%

X

- Definition

Represents the percentage of financing fees included in Other Income on income statement.

+ References

No definition available.

+ Details

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- Definition

Represents the aggregate costs related to management and acquisition of properties during the reporting period.

+ References

No definition available.

+ Details

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X

- Definition

Represents the quarterly 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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Balance Type:	debit
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- Definition

Represents management fees included in the quarterly 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 overhead expenses included in the quarterly amount to be paid under the agreement with the related party for the current fiscal year.

+ References

No definition available.

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- Definition

Interest and fee income generated from loans secured by commercial properties. Examples of properties commonly securing commercial real estate loans may include office buildings, apartment buildings, shopping centers, industrial property, and hotels.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 942



-SubTopic 225



-Section S99



-Paragraph 1



-Subparagraph (SX 210.9-04.1)



-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

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- Definition

A contract to provide coverage or protection in exchange for a payment or "premium". Examples of insurance protection include liability and property insurance. The entity paying the premiums for the protection will have insurance expense and possibly an asset, Prepaid Insurance (if the premiums are paid in advance).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 225



-SubTopic 10



-Section S99



-Paragraph 2



-Subparagraph (SX 210.5-03.6)



-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Details

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- Details

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