Annual report pursuant to section 13 and 15(d)

Organization and Basis of Presentation and Consolidation - Additional Information (Detail)

v2.4.0.8
Organization and Basis of Presentation and Consolidation - Additional Information (Detail) (USD $)
1 Months Ended 12 Months Ended
Nov. 16, 2012
Oct. 23, 2012
Dec. 31, 2013
Property
Buildings
sqft
Dec. 31, 2012
Real estate activity.        
Price of common stock $ 5.25 $ 5.25    
Selling of common stock 3,016,045   7,121,000 3,301,502
Gross proceeds $ 15,830,000   $ 11,862,198 $ 13,370,984
Cover offering expenses     2,700,000  
Cash-out prior investors     4,180,000  
Controlling interests     5  
Noncontrolling interests     3  
Percentage of Mr. Wheeler properties     50.00%  
Value of equity interest paid to PSF Entities for contributing their interest     2,980,000  
Common units issued to PSF Entities for contributing their interest     916,923  
Number of entities acquired     8  
Number of entities acquired     15  
Number of retail shopping centers expected to be part of portfolio     16  
Number of retail properties expected to be part of portfolio     6  
Number of office buildings expected to be part of portfolio     1  
Total net rentable space in Company's portfolio when combined with the PSF Entities     1,295,000  
Occupancy level     94.00%  
Virginia [Member]
       
Real estate activity.        
Properties     6  
Florida [Member]
       
Real estate activity.        
Properties     2  
North Carolina [Member]
       
Real estate activity.        
Properties     1  
South Carolina [Member]
       
Real estate activity.        
Properties     6  
Georgia [Member]
       
Real estate activity.        
Properties     1  
Tennessee [Member]
       
Real estate activity.        
Properties     1  
New Jersey [Member]
       
Real estate activity.        
Properties     1  
Oklahoma [Member]
       
Real estate activity.        
Properties     5  
Shoppes at Eagle Harbor [Member]
       
Real estate activity.        
Net proceeds used to acquire investments     1,780,000  
Amscot Building [Member]
       
Real estate activity.        
Outstanding indebtedness     $ 322,000