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Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Consolidated Statements of Operations [Abstract]    
Rental income $ 19,181,530 $ 16,970,747
Fee and other income 381,592 698,220
Total Revenues 19,563,122 17,668,967
Costs and expenses:    
Rental operating costs 6,382,425 5,554,937
General and administrative expenses 5,443,652 4,752,459
Depreciation and amortization 5,309,560 4,869,467
Asset impairments 2,000,000 1,676,531
Total costs and expenses 19,135,637 16,853,394
Income from operations 427,485 815,573
Other income (expense) [Abstract]    
Interest expense (5,059,912) (4,493,558)
Interest income 116,602 80,427
Gain on sale of real estate 1,620,109 898,220
Gain on extinguishment of a liability 0 691,487
Gain on dissolution of partnership interests 372,645 372,089
Total other expense, net (2,950,556) (2,451,335)
Loss from continuing operations (2,523,071) (1,635,762)
Income attributable to noncontrolling interests 1,566,023 497,712
Net loss $ (4,089,094) $ (2,133,474)
Basic and diluted loss per common share:    
Loss per share - basic and diluted (in dollars per share) $ (0.25) $ (0.14)
Weighted average number of common shares outstanding - basic and diluted (in shares) 16,170,865 15,479,474