XML 48 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Real Estate Assets and Lease Intangibles, Net Value of Other Intangible Assets and Amortization by Class (Details) (USD $)
6 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]    
Lease intangibles $ 4,798,754 $ 4,569,854
Accumulated amortization (4,080,999) (3,779,026)
Lease intangibles, net 717,755 790,828
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]    
Six months remaining in 2014 349,408  
2015 489,421  
2016 164,385  
2017 57,213  
2018 31,265  
Thereafter (principally below market rent amortization) (373,937)  
Lease intangibles, net 717,755 790,828
Weighted average amortization period 14 years 9 months 18 days  
Leases, Acquired-in-Place [Member]
   
Finite-Lived Intangible Assets [Line Items]    
Lease intangibles 2,179,759 2,015,459
Accumulated amortization (1,629,220) (1,493,808)
Lease intangibles, net 550,539 521,651
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]    
Lease intangibles, net 550,539 521,651
Leasing Costs [Member]
   
Finite-Lived Intangible Assets [Line Items]    
Lease intangibles 1,513,585 1,448,985
Accumulated amortization (1,087,876) (999,444)
Lease intangibles, net 425,709 449,541
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]    
Lease intangibles, net 425,709 449,541
Tenant Relationships [Member]
   
Finite-Lived Intangible Assets [Line Items]    
Lease intangibles 332,721 332,721
Accumulated amortization (332,721) (332,721)
Lease intangibles, net 0 0
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]    
Lease intangibles, net 0 0
Below Market Lease [Member]
   
Finite-Lived Intangible Assets [Line Items]    
Lease intangibles (841,425) (841,425)
Accumulated amortization 79,487 65,463
Lease intangibles, net (761,938) (775,962)
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]    
Lease intangibles, net (761,938) (775,962)
Above Market Leases [Member]
   
Finite-Lived Intangible Assets [Line Items]    
Lease intangibles 1,614,114 1,614,114
Accumulated amortization (1,110,669) (1,018,516)
Lease intangibles, net 503,445 595,598
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]    
Lease intangibles, net $ 503,445 $ 595,598