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Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement Abstract        
Rental income $ 4,185,568 $ 3,181,775 $ 8,164,182 $ 6,270,705
Fee and other income 87,572 115,448 197,144 353,748
Total Revenues 4,273,140 3,297,223 8,361,326 6,624,453
Costs and expenses:        
Rental operating costs 1,331,904 1,241,519 2,665,035 2,348,978
General and administrative 1,071,552 946,838 2,196,270 1,864,540
Depreciation and amortization 1,214,150 1,002,552 2,390,888 1,981,038
Total costs and expenses 3,617,606 3,190,909 7,252,193 6,194,556
Income (loss) from operations 655,534 106,314 1,109,133 429,897
Interest expense 1,071,686 767,723 2,053,170 1,496,087
Interest income 20,125 23,417 40,484 47,591
Gain on sale of real estate 54,993 57,790 99,075 (24,487)
Loss on sale of real estate assets       (24,487)
Total other expense, net (996,568) (686,516) (1,913,611) (1,472,983)
Net loss before noncontrolling interests (341,034) (580,202) (804,478) (1,043,086)
Income (loss) attributable to noncontrolling interests 92,187 150,203 200,354 226,118
Net loss $ (433,221) $ (730,405) $ (1,004,832) $ (1,269,204)
Loss per common share - basic and diluted: $ (0.03) $ (0.05) $ (0.07) $ (0.09)
Weighted average number of common shares outstanding 15,400,309 13,659,981 15,316,875 13,476,751