Investment Properties - Additional Information (Detail) (USD $)
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12 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | |||||||||||||||||||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
Contracted Purchase [Member]
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Oct. 21, 2013
Starbucks/Verizon [Member]
sqft
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Oct. 21, 2013
Starbucks Coffeehouse [Member]
sqft
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Oct. 21, 2013
Verizon Wireless Store [Member]
Option
sqft
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Oct. 21, 2013
Fairfield Shopping Center [Member]
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Dec. 23, 2013
Food Lions [Member]
sqft
|
Dec. 23, 2013
Food Lions [Member]
Retail and Restaurant Tenants [Member]
Restaurants
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Dec. 14, 2012
Grove, OK [Member]
Harps at Harbor Point [Member]
Option
sqft
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Dec. 18, 2012
Batesburg-Leesville, SC [Member]
Twin City Commons [Member]
Option
sqft
|
Dec. 18, 2012
Batesburg-Leesville, SC [Member]
Twin City Commons [Member]
Bi-Lo Grocery Store [Member]
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Dec. 21, 2012
Hawkinsville, GA [Member]
Surrey Plaza [Member]
sqft
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Dec. 21, 2012
Hawkinsville, GA [Member]
Surrey Plaza [Member]
Harvey [Member]
Option
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Dec. 21, 2012
Hawkinsville, GA [Member]
Surrey Plaza [Member]
Harvey and Rite-Aid [Member]
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Dec. 21, 2012
Hawkinsville, GA [Member]
Surrey Plaza [Member]
Rite-Aid [Member]
Option
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Jun. 11, 2013
Oklahoma [Member]
Bixby Commons [Member]
Store
sqft
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Sep. 25, 2013
Oklahoma [Member]
Jenks Reasors [Member]
sqft
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Sep. 25, 2013
Oklahoma [Member]
Jenks Reasors [Member]
Reasor's Foods Grocery Store [Member]
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Dec. 17, 2013
Oklahoma [Member]
Jenks Plaza [Member]
sqft
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Dec. 19, 2013
Oklahoma [Member]
Jenks Plaza [Member]
Retail and Restaurant Tenants [Member]
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Dec. 17, 2013
Oklahoma [Member]
Jenks Plaza [Member]
Retail and Restaurant Tenants [Member]
Restaurants
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Aug. 26, 2013
Florida [Member]
Tampa Festival [Member]
sqft
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Aug. 26, 2013
Florida [Member]
Tampa Festival [Member]
Winn Dixie Grocery Store [Member]
Option
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Aug. 29, 2013
Tennessee [Member]
Forrest Gallery [Member]
sqft
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Aug. 29, 2013
Tennessee [Member]
Forrest Gallery [Member]
Kroger Grocery Store [Member]
Option
sqft
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Dec. 19, 2013
New Jersey [Member]
Winslow Plaza [Member]
sqft
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Dec. 19, 2013
New Jersey [Member]
Winslow Plaza [Member]
Retail and Restaurant Tenants [Member]
Restaurants
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Real Estate Properties [Line Items] | ||||||||||||||||||||||||||||
Depreciation expense on investment properties | $ 1,768,142 | $ 673,232 | ||||||||||||||||||||||||||
Property acquired, square foot of store purchased | 5,600 | 2,165 | 3,435 | 261,689 | 31,500 | 47,680 | 42,680 | 75,000 | 81,000 | 7,800 | 137,987 | 214,451 | 48,780 | 40,695 | ||||||||||||||
Property acquired, purchase price | 106,832,033 | 46,637,221 | 1,390,000 | 15,850,000 | 4,550,000 | 4,500,000 | 2,300,000 | 10,600,000 | 11,400,000 | 1,750,000 | 11,850,000 | 11,500,000 | 6,610,000 | |||||||||||||||
Property acquired, percentage of occupancy | 100.00% | 89.50% | 100.00% | 100.00% | 88.00% | 100.00% | 86.00% | 100.00% | 100.00% | 100.00% | 100.00% | 91.00% | 91.20% | |||||||||||||||
Property acquired, lease term | 10 years 5 months | 10 years | 10 years | 20 years | 10 years | 10 years | 20 years | 20 years | 20 years | 20 years | ||||||||||||||||||
Property acquired, lease expiration date | 2032-06 | 2021-12 | 2018-01 | |||||||||||||||||||||||||
Property acquired, number of lease options | 3 | 4 | 6 | 3 | 1 | 4 | 4 | |||||||||||||||||||||
Property acquired, lease options period | 5 years | 5 years | 5 years | 5 years | 5 years | 5 years | ||||||||||||||||||||||
Number of stores serviced by property tenant | 1,900 | |||||||||||||||||||||||||||
Lease expiration | 2023 | 2022 | 2022 | 2032 | 2033 | |||||||||||||||||||||||
Percentage of rentable area | 32.00% | |||||||||||||||||||||||||||
Lease expiration month year | 2017-10 | 2018-06 | 2018-01 | 2017-08 | ||||||||||||||||||||||||
Issuing common units of operating partnership | 169,613 | |||||||||||||||||||||||||||
Number of tenants | 34 | 5 | 15 | |||||||||||||||||||||||||
Acquisition expenses | $ 2,855,946 |