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Consolidated Statement of Changes in Equity - 9 months ended Sep. 30, 2015 - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Distributions in Excess of Retained Earnings [Member]
Noncontrolling Interest [Member]
Balances, beginning at Dec. 31, 2014 $ 27,509,857 $ 105,709 $ 58,659,799 $ (35,388,313) $ 4,132,662
Balances, shares, beginning at Dec. 31, 2014   10,570,932      
Issuance of unrestricted common stock awards 194,200 $ 264 193,936    
Issuance of unrestricted common stock awards, shares   26,350      
Issuance of restricted common stock awards 71,857 $ 97 71,760    
Issuance of restricted common stock awards, shares   9,750      
Issuance of common stock from ATM sales 682,209 $ 987 681,222    
Issuance of common stock from ATM sales, shares   98,682      
Issuance of common stock from equity offering 22,568,609 $ 34,350 22,534,259    
Issuance of common stock from equity offering, shares   3,435,000      
Conversion of Operating Partnership units into shares of common stock   $ 3,500 611,015   (614,515)
Conversion of units into common stock, shares   350,000      
Amortization of restricted stock award 14,940   14,940    
Dividends and distributions declared (3,250,614)     (2,699,930) (550,684)
Net income 7,109,609     5,878,836 1,230,773
Balances, ending at Sep. 30, 2015 $ 54,900,667 $ 144,907 $ 82,766,931 $ (32,209,407) $ 4,198,236
Balances, shares, ending at Sep. 30, 2015   14,490,714