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Real Estate Transactions (Tables) | 12 Months Ended
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Dec. 31, 2014
Real Estate Transactions [Abstract] |
Properties Acquired and Sold |
|  |  |  | Buildings |  | Tenant |  | In-place |  | Leasing |  | Purchase
|  | Land |  | and other |  | Improvements |  | Leases |  | Costs |  | Price
Bismarck, ND | $ | 413,000 | $ | 4,233,700 | $ | 474,400 | $ | 164,300 | $ | 64,600 | $ | 5,350,000
Lakewood, CO |  | 1,717,000 |  | 5,267,900 |  | 1,643,300 |  | 370,100 |  | 426,700 |  | 9,425,000
Colorado Springs, CO |  | 2,025,000 |  | 10,417,901 |  | 1,583,869 |  | 762,875 |  | 710,355 |  | 15,500,000
Colorado Springs, CO |  | 1,750,000 |  | 8,890,316 |  | 153,392 |  | 124,974 |  | 292,987 |  | 11,211,669
Centennial, CO |  | 1,420,000 |  | 8,766,628 |  | 385,332 |  | 993,252 |  | 284,788 |  | 11,850,000
Model Home |  | 1,023,830 |  | 4,702,870 |  | - |  | - |  | - |  | 5,726,700
Total | $ | 8,348,830 | $ | 42,279,315 | $ | 4,240,293 | $ | 2,415,501 | $ | 1,779,430 | $ | 59,063,369
| During the year ended December 31, 2014, the Company sold the following properties:
|  |  |  |  |  |  | Buildings |  | Total |  | Total |  |
|  |  |  |  | Land |  | and other |  | Cost |  | Gain |  |
|  |  | Model Homes (1) | $ | 2,169,560 | $ | 13,887,961 | $ | 16,057,521 |  | 3,371,031 |  |
|  |  | Fontana Medical Center (2) |  | 556,858 |  | 1,709,576 |  | 2,266,434 |  | 1,749,668 |  |
|  |  | Total | $ | 2,726,418 | $ | 15,597,537 | $ | 18,323,955 |  | 5,120,699 |  |
(1) | NetREIT Dubose, Dubose Model Home Investors #201 LP and Dubose Model Home Investors #202 LP sold forty five (45) model home properties upon maturity of the leases for an aggregate slaes price of $20.9 million
(2) | The Fontana Medical Plaza property was acquired in 2009 in a joint venture that the Company had a 51% controlling interest. The property was sold for $4.1 million.

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- Definition Tabular disclosure of the properties acquired and sold during the period. + References No definition available. + Details
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- Details
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