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Related Party Transactions (Details) - USD ($) |  | 3 Months Ended
--- | --- | ---
Jan. 01, 2016 | Mar. 31, 2016 | Mar. 31, 2015
Related Party Transaction |  |  |
Share based compensation charged to operations |  | $ 665,700 | $ 577,000
Majestic |  |  |
Related Party Transaction |  |  |
Quarterly fees under compensation and services agreement |  | 652,000 | 634,000
Overhead expenses under compensation and services agreement |  | 49,000 | 49,000
Management fees under compensation and services agreement |  | 241,000 |
Chairman |  |  |
Related Party Transaction |  |  |
Quarterly fees under compensation and services agreement |  | 65,625 | 65,625
Vice Chairman |  |  |
Related Party Transaction |  |  |
Quarterly fees under compensation and services agreement |  | 26,250 | 26,250
Gould Investors L.P. |  |  |
Related Party Transaction |  |  |
Insurance Reimbursement |  | 101,000 | 57,000
Joint venture partners |  |  |
Related Party Transaction |  |  |
Real estate management and acquisition costs |  | 51,000 | 105,000
Executive officers and others |  |  |
Related Party Transaction |  |  |
Share based compensation charged to operations |  | 344,000 | 310,000
Subsidiary of Gould |  |  |
Related Party Transaction |  |  |
Annual lease rent |  |  | $ 7,000
Net lease tenants |  |  |
Related Party Transaction |  |  |
Property management fee (as a percent) | 1.50% |  |
Operating lease tenants |  |  |
Related Party Transaction |  |  |
Property management fee (as a percent) | 2.00% |  |
Unconsolidated JV | Joint venture partners |  |  |
Related Party Transaction |  |  |
Management fees |  | 35,000 |
Reduction of equity in earnings of unconsolidated joint ventures |  | $ 17,500 |

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