XML 40 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Real Estate Assets and Lease Intangibles, Acquisitions of Properties (Details) (USD $)
 12 Months Ended
Dec. 31, 2013
Unit
Dec. 31, 2012
Unit
Real Estate Properties [Line Items]    
Promissory note issued for property acquired $ 89,551,724 $ 92,480,363
4 Model Home properties in Texas [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units) 4  
Purchase price of property acquired 1,100,000  
Cash payment for the properties acquired 500,000  
Promissory note issued for property acquired 600,000  
Sparky's Lancaster Self Storage [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units) 608  
Purchase price of property acquired 3,700,000  
Cash payment for the properties acquired 3,700,000  
Promissory note issued for property acquired 1,965,504 0
Rentable square feet 71,000  
Occupancy rate 65.00%  
Number of months of operations included in the results of operations 7 months  
Fixed interest rate on mortgage (in hundredths) 5.00%  
Allocated Purchase Price of Properties Acquired [Abstract]    
Land 949,000  
Buildings and other 2,701,000  
Total purchase price 3,650,000  
1 Model Home property in Texas [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units) 1 1
Purchase price of property acquired 500,000 380,000
Cash payment for the properties acquired 200,000 150,000
Promissory note issued for property acquired 300,000 230,000
2 Model Home properties in Texas [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units) 2  
Purchase price of property acquired 600,000  
Cash payment for the properties acquired 200,000  
Promissory note issued for property acquired 400,000  
7 Model Home properties in Pennsylvania [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units) 7  
Purchase price of property acquired 2,000,000  
Cash payment for the properties acquired 900,000  
Promissory note issued for property acquired 1,100,000  
19 Model Home properties in California [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units)   19
Purchase price of property acquired   8,200,000
Cash payment for the properties acquired   3,700,000
Promissory note issued for property acquired   4,500,000
Rite Aid [Member]
    
Real Estate Properties [Line Items]    
Purchase price of property acquired   1,100,000
Cash payment for the properties acquired   1,100,000
Rentable square feet   17,600
Allocated Purchase Price of Properties Acquired [Abstract]    
Land   366,000
Buildings and other   759,000
Tenant improvements   0
In-place leases   0
Leasing costs   0
Total purchase price   1,125,000
Shoreline Medical Building [Member]
    
Real Estate Properties [Line Items]    
Purchase price of property acquired   6,400,000
Cash payment for the properties acquired   2,300,000
Promissory note issued for property acquired 3,959,914 4,067,514
Rentable square feet 15,335 15,335
Number of stories in building   2
Area of land   38,600
Distance from Half Moon Bay south to San Francisco (in miles)   25
Distance from Half Moon Bay west to San Mateo (in miles)   10
Fixed interest rate on mortgage (in hundredths) 5.10% 5.10%
Allocated Purchase Price of Properties Acquired [Abstract]    
Land   1,820,000
Buildings and other   4,311,000
Tenant improvements   0
In-place leases   83,000
Leasing costs   136,000
Total purchase price   6,350,000
1 Model Home property in Texas [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units)   1
Purchase price of property acquired   365,000
Cash payment for the properties acquired   146,000
Promissory note issued for property acquired   219,000
Number of Model Homes under lease contract 1  
14 Model Home properties in New Jersey and Pennsylvania [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units)   14
Purchase price of property acquired   5,000,000
Cash payment for the properties acquired   2,000,000
Promissory note issued for property acquired   3,000,000
The Presidio [Member]
    
Real Estate Properties [Line Items]    
Purchase price of property acquired   7,300,000
Cash payment for the properties acquired   1,600,000
Promissory note issued for property acquired 5,492,375 5,617,671
Rentable square feet 80,800 80,800
Number of stories in building   4
Fixed interest rate on mortgage (in hundredths) 5.60% 5.60%
Allocated Purchase Price of Properties Acquired [Abstract]    
Land   1,325,000
Buildings and other   4,969,400
Tenant improvements   816,500
In-place leases   27,400
Leasing costs   136,700
Total purchase price   7,275,000
6 Model Home properties in Texas [Member]
    
Real Estate Properties [Line Items]    
Number of units acquired (in units)   14
Purchase price of property acquired   3,900,000
Cash payment for the properties acquired   2,000,000
Promissory note issued for property acquired   1,900,000
Number of Model Homes under lease contract   14
Model Home Properties [Member]
    
Allocated Purchase Price of Properties Acquired [Abstract]    
Land 713,630 1,923,852
Buildings and other 345,759 15,214,443
Tenant improvements   0
In-place leases   0
Leasing costs   0
Total purchase price $ 1,059,389 $ 17,138,295