XML 49 R35.htm IDEA: XBRL DOCUMENT 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