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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidated Statements of Operations (Unaudited) [Abstract]        
Rental income $ 4,556,419 $ 4,759,887 $ 9,249,084 $ 9,833,729
Fee and other income 135,452 97,382 222,626 192,136
Total Revenues 4,691,871 4,857,269 9,471,710 10,025,865
Costs and expenses:        
Rental operating costs 1,742,830 1,623,937 3,410,145 3,185,873
General and administrative 1,563,793 1,237,818 2,688,649 2,405,245
Depreciation and amortization 1,426,916 1,325,534 2,772,673 2,640,738
Total costs and expenses 4,733,539 4,187,289 8,871,467 8,231,856
(Loss) income from operations (41,668) 669,980 600,243 1,794,009
Other income (expense):        
Interest expense (1,371,123) (1,219,329) (2,641,085) (2,553,355)
Interest and other income 41,790 70,439 60,159 91,695
Gain on sale of real estate 779,379 410,258 1,204,324 856,911
Gain on dissolution of partnership assets 0 0 302,831 0
Total other expense, net (549,954) (738,632) (1,073,771) (1,604,749)
Net (loss) income (591,622) (68,652) (473,528) 189,260
Income attributable to noncontrolling interests 504,797 327,550 982,905 638,611
Net loss attributable to common stockholders $ (1,096,419) $ (396,202) $ (1,456,433) $ (449,351)
Loss per common share:        
Basic and diluted (in dollars per share) $ (0.07) $ (0.02) $ (0.09) $ (0.07)
Weighted average number of common shares outstanding - basic and diluted (in shares) 16,831,217 15,986,632 16,768,211 15,316,875