Quarterly report pursuant to Section 13 or 15(d)

Assets Held for Sale and Discontinued Operations (Details)

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Assets Held for Sale and Discontinued Operations (Details) - USD ($)
 3 Months Ended 9 Months Ended
Jun. 29, 2016
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]            
Contract price, discontinued operations $ 2,100,000          
Gain (loss) on disposition of real estate, discontinued operations $ 689,000          
Investment properties, net   $ 216,792   $ 216,792   $ 1,284,888
Rents and other tenant receivables, net   0   0   38,945
Above market lease intangible, net   2,616   2,616   2,616
Deferred costs and other assets, net   146,472   146,472   366,024
Total assets held for sale   365,880   365,880   1,692,473
Loans payable   1,350,000   1,350,000   1,966,806
Below market lease intangible, net   0   0   14,758
Accounts payable, accrued expenses and other liabilities   0   0   10,754
Total liabilities associated with assets held for sale   1,350,000   1,350,000   $ 1,992,318
Revenues   53,939 $ 607,379 249,439 $ 1,827,238  
Expenses   508 174,218 78,013 789,157  
Operating income   53,431 433,161 171,426 1,038,081  
Interest expense   14,317 215,927 55,963 689,998  
Gain on disposal of properties   805 0 688,824 0  
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax   $ 39,919 $ 217,234 $ 804,287 $ 348,083