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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Condensed Consolidated Statements of Operations (Unaudited) [Abstract]    
Rental income $ 4,692,666 $ 5,073,842
Fee and other income 87,174 94,754
Total Revenues 4,779,840 5,168,596
Costs and expenses:    
Rental operating costs 1,667,319 1,561,936
General and administrative 1,124,856 1,167,427
Depreciation and amortization 1,345,756 1,315,204
Total costs and expenses 4,137,931 4,044,567
Income from operations 641,909 1,124,029
Other income (expense):    
Interest expense (1,269,961) (1,334,026)
Interest and other income 18,369 21,256
Gain on sale of real estate 424,945 446,653
Gain on dissolution of partnerships 302,831 0
Total other expense, net (523,816) (866,117)
Net income 118,093 257,912
Income attributable to noncontrolling interests (478,107) (311,061)
Net loss attributable to common stockholders $ (360,014) $ (53,149)
Loss per common share:    
Basic and diluted (in dollars per share) $ (0.02) $ 0
Weighted average number of common shares outstanding - basic and diluted (in shares) 16,705,516 15,900,437