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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net income (loss) $ 4,452,723 $ (2,842,080)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 9,101,605 9,710,265
Stock compensation 460,651 558,734
Bad debt expense 110,416 72,147
Gain on sale of real estate assets (12,200,138) (2,623,469)
Impairment of real estate assets 532,951  
Amortization of financing costs 675,087 1,090,853
Amortization of above-market leases 68,878 100,846
Amortization of below-market leases (894,445) (307,714)
Straight-line rent adjustment 45,778 (624,562)
Changes in operating assets and liabilities:    
Other assets (818,384) (1,320,978)
Accounts payable and accrued liabilities (1,183,057) 1,076,653
Accrued real estate taxes 80,387 695,003
Net cash provided by operating activities 432,452 5,585,698
Cash flows from investing activities:    
Real estate acquisitions (17,326,915) (17,560,745)
Buildings and tenant improvements (3,359,283) (3,621,724)
Additions to deferred leasing costs (714,596) (521,599)
Proceeds from sale of real estate assets 46,991,372 20,613,616
Net cash provided by (used in) investing activities 25,590,578 (1,090,452)
Cash flows from financing activities:    
Proceeds from mortgage notes payable, net of issuance costs 20,510,012 13,296,750
Repayment of mortgage notes payable (31,374,774) (12,119,676)
Redemption of mandatorily redeemable Series B Preferred Stock (13,800,000) (2,000,000)
Series B Preferred Stock costs (153,500) (153,500)
Contributions received from noncontrolling interests in excess of distributions paid 260,872 1,095,236
Repurchase of common stock   (70,396)
Dividends paid to stockholders   (3,620,880)
Net cash used in financing activities (24,557,390) (3,572,466)
Net increase in cash, cash equivalents and restricted cash 1,465,640 922,780
Cash, cash equivalents and restricted cash - beginning of year 8,310,575 7,387,795
Cash, cash equivalents and restricted cash - end of year 9,776,215 8,310,575
Supplemental disclosure of cash flow information:    
Interest paid-Series B preferred stock 4,357,694 4,439,361
Interest paid-mortgage notes payable 7,806,068 7,391,172
Non-cash investing and financing activities:    
Reinvestment of cash dividends   $ 1,095,434
Accrual of dividends payable $ 1,075,371