v3.8.0.1

FAIR VALUE DISCLOSURES (Tables)

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The following were the face value, carrying amount and fair value of the Company’s mortgage notes payable: 

		March 31, 2018									December 31, 2017
		Face Value			Carrying Value			Fair Value			Face value			Carrying Value			Fair Value
Mortgage notes payable		$	79,317,586		$	77,266,071		$	80,561,846		$	62,228,409		$	60,487,303		$	62,363,284

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

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No definition available.

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