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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (779,559) $ (1,994,030)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 4,947,333 5,159,161
Stock compensation 273,840 259,068
Bad debt expense 1,000 (52,948)
Gain on sale of real estate assets, net (2,027,051) (1,388,545)
Amortization of financing costs 743,291 735,307
Amortization of above-market leases 55,663 93,136
Amortization of below-market leases (167,763) (234,140)
Straight-line rent adjustment (317,390) (402,452)
Changes in operating assets and liabilities:    
Other assets 570,693 715,371
Accounts payable and accrued liabilities (277,060) (1,368,187)
Accrued real estate taxes (991,200) (805,744)
Net cash provided by operating activities 2,031,797 715,997
Cash flows from investing activities:    
Real estate acquisitions (9,694,785) (7,768,755)
Additions to buildings and tenant improvements (1,819,591) (2,331,329)
Additions to deferred leasing costs (233,069) (533,760)
Proceeds from sales of real estate 13,942,848 5,287,277
Restricted cash 1,225,289 2,126,847
Net cash provided by (used in) investing activities 3,420,692 (3,219,720)
Cash flows from financing activities:    
Proceeds from mortgage notes payable, net of issuance costs 9,063,146 9,199,547
Repayment of mortgage notes payable (8,233,285) (5,514,476)
Contributions from noncontrolling interests net of distributions paid 1,004,164 211,173
Repurchase of common stock (17,394) (55,023)
Dividends paid to stockholders (2,384,398) (2,145,717)
Net cash (used in) provided by financing activities (2,721,267) 1,395,504
Net increase (decrease) in cash and cash equivalents 2,731,222 (1,108,219)
Cash and cash equivalents - beginning of period 3,116,147 6,626,423
Cash and cash equivalents - end of period 5,847,369 5,518,204
Supplemental disclosure of cash flow information:    
Interest paid Series B preferred stock 2,242,605 3,990,611
Interest paid-mortgage notes payable 3,732,411 3,705,826
Non-cash investing and financing activities:    
Reinvestment of cash dividends 1,107,870 1,258,904
Accrual of dividends payable 1,224,122 1,144,320
Redeemable Convertible Preferred Stock Series B [Member]    
Cash flows from financing activities:    
Series B preferred stock costs (153,500)  
Redemption of mandatorily redeemable Series B preferred stock $ (2,000,000) $ (300,000)