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v3.3.1.900

Significant Accounting Policies (Details) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2015 | Dec. 31, 2014
Real Estate Asset Acquisitions [Abstract] |  |
Amortization of above and below market rents | $ 44,000 | $ (156,000)
Remaining term of in-place leases (in years) | 10 years |
Amortization expense related to in-place leases, unamortized lease origination costs and tenant relationships | $ 839,000 | 456,000
Impairment [Abstract] |  |
Asset impairment | 0 | 950,000
Sales of Real Estate Assets [Abstract] |  |
Asset impairment | 0 | 950,000
Intangible Assets [Abstract] |  |
Impairment of definite lived assets | 556,000 | 608,000
Impairment of indefinite lived assets | 0 | 0
Impairment of goodwill | 0 | 0
Depreciation and Amortization of Buildings and Improvements [Abstract] |  |
Depreciation expense | 6,100,000 | 5,000,000
Cash and Cash Equivalents [Abstract] |  |
Deposits in financial institutions above federally insurable limits | 3,500,000 |
Tenant Receivables [Abstract] |  |
Allowance for uncollectible accounts | 91,000 | 66,000
Deferred Leasing Costs [Abstract] |  |
Net deferred leasing costs | 1,483,000 | 1,333,000
Amortization of deferred leasing costs | 412,000 | 393,000
Deferred Financing Costs [Abstract] |  |
Deferred financing costs | 2,052,000 | 1,748,000
Amortization of financing costs | $ 1,286,437 | 417,724
Income Tax Uncertainties [Abstract] |  |
Income Tax Examination Description | We have elected to be taxed as a REIT under Sections 856 through 860 of the Code, for federal income tax purposes. To maintain our qualification as a REIT, we are required to distribute at least 90% of our REIT taxable income to our stockholders and meet the various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership |
Revenue Recognition [Abstract] |  |
Deferred rent receivable | $ 0 | $ 0
Loss Per Common Share [Abstract] |  |
Anti-dilutive shares excluded from computation of diluted earnings per share | 722,019 | 70,151
Mortgage Payable |  |
Deferred Financing Costs [Abstract] |  |
Amortization of financing costs | $ 335,000 | $ 417,000
Series B Preferred Stock [Member] |  |
Deferred Financing Costs [Abstract] |  |
Deferred financing costs | 1,606,000 | 2,358,000
Series B Preferred Stock [Member] | Mortgage Payable |  |
Deferred Financing Costs [Abstract] |  |
Amortization of financing costs | $ 952,000 | $ 380,000
Building and Building Improvements [Member] |  |
Depreciation and Amortization of Buildings and Improvements [Abstract] |  |
Estimated useful life | 39 years |
Assets Leased to Others [Member] | Minimum [Member] |  |
Depreciation and Amortization of Buildings and Improvements [Abstract] |  |
Estimated useful life | 1 year |
Assets Leased to Others [Member] | Maximum [Member] |  |
Depreciation and Amortization of Buildings and Improvements [Abstract] |  |
Estimated useful life | 10 years |
Furniture and Fixtures [Member] | Minimum [Member] |  |
Depreciation and Amortization of Buildings and Improvements [Abstract] |  |
Estimated useful life | 4 years |
Furniture and Fixtures [Member] | Maximum [Member] |  |
Depreciation and Amortization of Buildings and Improvements [Abstract] |  |
Estimated useful life | 5 years |

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- Definition Real Estate Asset Acquisitions [Abstract] + References No definition available. + Details
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- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5074-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition This element represents the amortization of deferred leasing fees incurred by the lessor and amortized over the term of the lease. Such fees represent (a) costs to originate a lease incurred in transactions with independent third parties that (i) result directly from and are essential to acquire that lease and (ii) would not have been incurred had that leasing transaction not occurred and (b) certain costs directly related to specified activities performed by the lessor for that lease. Those activities are: evaluating the prospective lessee's financial condition; evaluating and recording guarantees, collateral, and other security arrangements; negotiating lease terms; preparing and processing lease documents; and closing the transaction. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=6748888&loc=d3e40246-112709 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 + Details
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- Definition For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28555-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition For a classified balance sheet, the cumulative difference between the rental income or payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, more than one year after the balance sheet date. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3(a)(4)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39927-112707 + Details
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