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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (944,185) $ (1,165,644)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,503,516 2,659,531
Stock compensation 136,920 129,534
Bad debt expense 49,388 (68,613)
Gain on sale of real estate assets, net (541,462) (175,486)
Amortization of financing costs 371,248 357,610
Amortization of above-market leases 30,841 46,568
Amortization of below-market leases (85,455) (120,158)
Straight-line rent adjustment (170,978) (202,782)
Changes in operating assets and liabilities:    
Other assets 545,484 10,717
Accounts payable and accrued liabilities (69,117) (302,830)
Accrued real estate taxes (618,885) (58,917)
Net cash provided by operating activities 1,207,315 1,109,530
Cash flows from investing activities:    
Real estate acquisitions   (7,399,545)
Additions to buildings and tenant improvements (963,445) (749,992)
Additions to deferred leasing costs (18,865) (280,323)
Proceeds from sale of real estate 5,218,976 1,256,151
Restricted cash 783,554 654,615
Net used in provided by (used in) investing activities 5,020,220 (6,519,094)
Cash flows from financing activities:    
Proceeds from mortgage notes payable, net of issuance costs   5,112,787
Repayment of mortgage notes payable (3,229,748) (932,433)
Redemption of mandatorily redeemable preferred stock (1,000,000)  
Contributions from noncontrolling interests net of distributions paid 606,303 1,045,243
Repurchase of common stock (13,755) (5,823)
Dividends paid to stockholders (1,171,981) (1,064,912)
Net cash (used in) provided by financing activities (4,809,181) 4,154,862
Net increase (decrease) in cash and cash equivalents 1,418,354 (1,254,702)
Cash and cash equivalents - beginning of period 3,116,147 6,626,423
Cash and cash equivalents - end of period 4,534,501 5,371,721
Supplemental disclosure of cash flow information:    
Interest paid Series B preferred stock 1,405,600 1,238,611
Interest paid-mortgage notes payable 1,908,791 1,752,546
Non-cash investing and financing activities:    
Reinvestment of cash dividends 570,680 633,934
Accrual of dividends payable $ 1,198,631 $ 1,098,911