Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Equity

v3.5.0.2
Condensed Consolidated Statement of Equity - 9 months ended Sep. 30, 2016 - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total Shareholders' Equity [Member]
Noncontrolling Interests [Member]
Common Class B [Member]
Common Stock [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Total Shareholders' Equity [Member]
Beginning balance (in shares) at Dec. 31, 2015   66,259,673       4,055,292     562   729,119  
Beginning balance at Dec. 31, 2015 $ 107,366,738 $ 662,596 $ 220,370,984 $ (140,306,846) $ 98,264,852 $ 9,101,886     $ 452,971   $ 17,085,147  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Proceeds from Series B (in shares)                     1,142,225  
Proceeds from Series B                   $ 23,384,902 $ 23,384,902 $ 23,384,902
Issuance of common stock under Share Incentive Plan (in shares)   283,304                    
Conversion of convertible securities into common stock (1,604,150) $ (13,970) $ (1,590,180)   $ (1,604,150)   $ (5) $ (2,495)     $ (2,500)  
Conversion of convertible securities into common stock, shares   (1,397,010)         (500)       (100)  
Accretion of preferred stock discount $ 255,420                 $ 243,319 $ 243,319 $ 243,319
Issuance of common stock under Share Incentive Plan 426,500 2,833 423,667   426,500              
Noncontrolling interest investments (in shares)           1,696,616            
Noncontrolling interest investments $ 3,499,383         $ 3,499,383            
Adjustment for noncontrolling interest in operating partnership     $ 338,150   $ 338,150 (338,150)            
Dividends and distributions (13,708,089)     (12,848,827) (12,848,827)              
Dividends and distributions           (859,262)            
Net loss (8,206,659)     (7,438,980) (7,438,980) $ (767,679)            
Ending balance (in shares) at Sep. 30, 2016   67,940,487       5,751,908     562   1,871,244  
Ending balance at Sep. 30, 2016 $ 114,610,244 $ 679,404 $ 222,725,476 $ (160,594,653) $ 103,974,066 $ 10,636,178     $ 452,971   $ 40,710,868