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Segments (Tables)
9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  Three Months  Nine Months
  Ending September 30,  Ending September 30,
  2012 2011 2012 2011
Industrial/Office Properties:           
Rental income $ 2,350,032 $ 1,805,193 $ 6,499,299 $ 4,904,303
Property and related expenses   806,940   742,206   2,204,997   1,983,374
Net operating income, as defined   1,543,092   1,062,987   4,294,302   2,920,929
             
Residential Properties:           
Rental income   731,188   674,740   1,902,971   2,116,978
Property and related expenses   75,185   46,160   161,691   129,840
Net operating income, as defined   656,003   628,580   1,741,280   1,987,138
             
Retail Properties:           
Rental income   532,324   287,065   1,601,133   779,674
Property and related expenses   191,723   109,354   506,101   287,350
Net operating income, as defined   340,601   177,711   1,095,032   492,324
             
Self-Storage Properties:           
Rental income   730,947   577,302   2,188,806   1,694,523
Property and related expenses   359,722   339,771   1,082,491   1,046,968
Net operating income, as defined   371,225   237,531   1,106,315   647,555
             
Mortgage loan activity:           
Interest income   21,010   45,925   57,534   78,895
             
Reconciliation to Net Income            
 Available to Common Shareholders:           
Total net operating income,            
 as defined, for reportable segments   2,931,931   2,152,734   8,294,463   6,126,841
Unallocated other income:           
Total other income   286,514   8,680   290,474   23,301
Gain (loss) on sale of real estate   81,695   (32,424)   180,770   (56,911)
General and administrative expenses   980,508   791,655   3,176,778   2,656,195
Interest expense   1,106,966   751,326   3,037,641   2,121,382
Depreciation and amortization   1,178,239   995,946   3,446,529   2,858,802
Net loss before noncontrolling interests            
 and discontinued operations  34,427   (409,937)   (895,241)   (1,543,148)
(Loss) income from discontinued operations  (296,794)   50,080   (208,850)   115,084
Noncontrolling interests   114,051   57,740   277,159   258,737
Net loss $ (376,418) $ (417,597) $ (1,381,250) $ (1,686,801)
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
 September 30, December 31,
 2012 2011
      
Assets:     
Industrial/Office Properties:     
Land, buildings and improvements, net (1) $ 80,036,850 $ 75,314,093
Total assets (2)   82,851,650   77,563,998
      
Residential Property:     
Land, buildings and improvements, net (1)   24,644,719   14,709,491
Total assets (2)  24,988,964   15,876,762
      
Retail Properties:     
Land, buildings and improvements, net (1)   16,488,231   15,648,876
Total assets (2)   17,666,895   16,714,138
      
Self Storage Properties:     
Land, buildings and improvements, net (1)   27,239,639   27,663,755
Total assets (2)   27,390,959   27,832,381
      
Mortgage loan activity:     
Mortgage receivable and accrued interest   920,216   1,032,082
Total assets   920,216   1,032,082
      
Reconciliation to Total Assets:     
Total assets for reportable segments   153,818,684   139,019,361
Other unallocated assets:     
Cash and cash equivalents   3,860,286   4,872,081
Assets held for sale  11,052,063   14,736,462
Other assets, net   3,443,472   3,024,027
      
Total Assets $ 172,174,505 $ 161,651,931
      
____________     
(1) Includes lease intangibles and the land purchase option related to property acquisitions.
      
(2) Includes land, buildings and improvements, current receivables, deferred rent receivables and
deferred leasing costs and other related intangible assets, all shown on a net basis.
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]
 Nine Months Ended September 30,
 2012 2011
Capital Expenditures:(1)     
Industrial/Office Properties:     
Acquisition of operating properties $ 6,350,000 $ 9,575,000
Capital expenditures and tenant improvements   693,105   766,751
      
Residential Property:     
Acquisition of operating properties   13,577,518   5,646,380
      
      
Retail Properties:     
Acquisition of operating properties   1,125,000   6,767,700
Capital expenditures and tenant improvements   158,005   56,886
      
Self Storage Properties:     
Acquisition of operating properties   -   415,000
Capital expenditures and tenant improvements   20,964   2,300
      
Acquisition of operating properties, net   21,052,518   22,404,080
Capital expenditures and tenant improvements   872,074   825,937
Total real estate investments $ 21,924,592 $ 23,230,017