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Consolidated Statements of Cash Flows (USD $)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net loss $ (2,133,474) $ (2,616,903)
Adjustments to reconcile net loss to net cash    
Depreciation amortization and amortization of above market rents 5,168,682 4,219,950
Stock compensation 484,814 387,642
Loss on sale of real estate assets (898,220) (119,925)
Asset impairments 1,676,531 429,000
Bad debt expense 83,280 66,609
Net Income Loss Attributable To Noncontrolling Interest 497,712 354,895
Other assets (754,896) (1,908,519)
IncreaseDecreaseInAccounts Payable And Accrued Liabilities 817,203 501,846
Net cash provided by (used in) operating activities 3,878,056 1,314,595
Cash flows from investing activities:    
Payments for Tenant Improvements 1,029,816 1,212,196
Payments To Acquire Real Estate 31,888,295 37,780,414
Proceeds on sale of real estate assets 10,443,786 8,547,290
Purchase of notes receivable 111,866 (111,865)
Restricted cash (146,436) (667,645)
Net cash used in investing activities (22,508,895) (31,667,655)
Investment in Model Home limited partnerships 0 (442,825)
Cash flows from financing activities:    
Proceeds from mortgage notes payable (32,146,471) (29,647,255)
Repayment of mortgage notes payable (5,595,905) (13,343,466)
Repurchase of common stock 15,660 302,075
Net proceeds from issuance of common stock 0 14,248,398
Proceeds received from noncontrolling interests In Excess of Distributions Paid 2,403,678 748,225
Repurchase of common stock - related parties (143,905) (82,520)
Deferred stock issuance costs (18,895) 228,640
Dividends paid (4,270,490) (3,582,252)
Net cash provided by financing activities 24,505,294 27,562,205
Net (decrease) increase in cash and cash equivalents 5,874,455 (2,790,855)
Cash and cash equivalents:    
Beginning of year 4,872,081 7,028,090
Additions To Cash Through Investments In Partnerships   634,846
End of period 10,746,536 4,872,081
Supplemental Cash Flow Information [Abstract]    
Interest paid 4,428,869 2,444,793
Non-cash investing and financing activities:    
Reinvestment of cash dividend 4,022,115 3,886,865
Accrual of dividends payable $ 1,142,191 $ 1,008,699