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Segments (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  Three Months Ended Nine Months Ended,
  September 30, September 30,
  2013 2012 2013 2012
Industrial/Office Properties:           
Rental income $ 2,638,194 $ 2,350,032 $ 7,848,551 $ 6,499,299
Property and related expenses   880,108   806,940   2,537,538   2,204,997
Net operating income, as defined   1,758,086   1,543,092   5,311,013   4,294,302
            
Residential Properties:           
Rental income   696,922   731,188   2,327,340   2,113,044
Property and related expenses   25,722   75,185   178,556   259,426
Net operating income, as defined   671,200   656,003   2,148,784   1,853,618
            
Retail Properties:           
Rental income   614,979   789,580   2,255,351   2,161,924
Property and related expenses   234,942   260,294   622,246   620,263
Net operating income, as defined   380,037   529,286   1,633,105   1,541,661
            
Self-Storage Properties:           
Rental income   839,272   730,947   2,383,990   2,188,805
Property and related expenses   466,697   359,722   1,276,518   1,082,494
Net operating income, as defined   372,575   371,225   1,107,472   1,106,311
            
Property management expenses (1)  83,811   -   226,951   -
             
Mortgage loan activity:           
Interest income   14,901   21,010   44,215   57,533
            
Reconciliation to Net Loss           
 Available to Common Shareholders:           
Total net operating income,            
 as defined, for reportable segments   3,112,988   3,120,616   10,017,638   8,853,425
Unallocated other income:           
Total other income   1,708   286,508   64,089   290,474
Gain on sale of real estate   169,460   81,695   1,026,371   180,770
General and administrative expenses   1,166,374   980,508   3,606,963   3,176,778
Interest expense   1,247,604   1,167,736   3,800,959   3,220,906
Depreciation and amortization   1,353,612   1,219,925   3,994,350   3,610,813
Asset impairments  (1,500,000)   (358,000)   (1,500,000)   (358,000)
Net loss before noncontrolling interests   (1,983,434)   (237,350)   (1,794,174)   (1,041,828)
Noncontrolling interests   236,653   139,068   875,264   339,422
Net loss $ (2,220,087) $ (376,418) $ (2,669,438) $ (1,381,250)
             
             
 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
 September 30, December 31,
 2013 2012
      
Assets:     
Industrial/Office Properties:     
Land, buildings and improvements, net (1) $ 85,039,844 $ 86,695,553
Total assets (2)   91,681,052   90,286,093
      
Residential Property:     
Land, buildings and improvements, net (1)   23,293,730   29,399,405
Total assets (2)  23,619,550   31,869,016
      
Retail Properties:     
Land, buildings and improvements, net (1)   22,090,970   22,613,528
Total assets (2)   23,457,174   23,913,305
      
Self-Storage Properties:     
Land, buildings and improvements, net (1)   30,131,911   26,930,233
Total assets (2)   31,028,008   27,384,412
      
Mortgage loan activity:     
Mortgage receivable and accrued interest   920,216   920,216
Total assets   920,216   920,216
      
Reconciliation to Total Assets:     
Total assets for reportable segments   170,706,000   174,373,042
Other unallocated assets:     
Cash and cash equivalents   8,611,182   10,746,536
Other assets, net   1,599,055   12,415
Total Assets $ 180,916,237 $ 185,131,993
      
____________     
(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,
 2013 2012
Capital Expenditures:(1)     
Industrial/Office Properties:     
Acquisition of operating properties $ - $ 6,350,000
Capital expenditures and tenant improvements   2,219,666   693,105
      
Residential Property:     
Acquisition of operating properties   1,671,059   13,577,518
      
Retail Properties:     
Acquisition of operating properties   -   1,125,000
Capital expenditures and tenant improvements   45,000   158,005
      
Self Storage Properties:  3,650,000   -
Capital expenditures and tenant improvements   22,141   20,964
Total acquisition of operating properties, net   5,321,059   21,052,518
Total capital expenditures and tenant improvements   2,286,807   872,074
Total additions to real estate assets $ 7,607,866 $ 21,924,592