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Balance Sheets (USD $)
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Mar. 31, 2015
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Dec. 31, 2014
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| Investment in real estate: | ||
| Building and improvements | $ 24,373,762us-gaap_BuildingsAndImprovementsGross | $ 24,373,762us-gaap_BuildingsAndImprovementsGross |
| Less: accumulated depreciation | (481,916)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation | (329,580)us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation |
| Investment in real estate, net | 23,891,846us-gaap_RealEstateInvestmentPropertyNet | 24,044,182us-gaap_RealEstateInvestmentPropertyNet |
| Cash and cash equivalents | 369,105us-gaap_Cash | 301,402us-gaap_Cash |
| Accounts receivable | 403us-gaap_AccountsReceivableNet | 2,793us-gaap_AccountsReceivableNet |
| Deferred financing costs, net | 261,894us-gaap_DeferredFinanceCostsNet | 291,691us-gaap_DeferredFinanceCostsNet |
| Total assets | 24,523,248us-gaap_Assets | 24,640,068us-gaap_Assets |
| Liabilities: | ||
| Accounts payable and accrued expenses | 113,361us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent | 338,764us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent |
| Due to related parties, net | 420,768us-gaap_DueToRelatedPartiesCurrent | 330,768us-gaap_DueToRelatedPartiesCurrent |
| Convertible debenture, due to majority shareholder | 5,446,102us-gaap_ConvertibleDebtCurrent | 5,446,102us-gaap_ConvertibleDebtCurrent |
| Note payable to majority shareholder | 388,195us-gaap_NotesPayableRelatedPartiesClassifiedCurrent | 38,195us-gaap_NotesPayableRelatedPartiesClassifiedCurrent |
| Note payable | 16,681,030us-gaap_NotesPayableCurrent | 16,760,000us-gaap_NotesPayableCurrent |
| Total liabilities | 23,049,456us-gaap_Liabilities | 22,913,829us-gaap_Liabilities |
| Shareholders' equity : | ||
| Preferred stock, $0.001 par value, 100,000,000 shares authorized; no shares issued and outstanding | 0us-gaap_PreferredStockValue | 0us-gaap_PreferredStockValue |
| Common stock $0.001 par value, 500,000,000 shares authorized at March 31, 2015 and December 31, 2014, respectively; 250,000 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively | 250us-gaap_CommonStockValue | 250us-gaap_CommonStockValue |
| Additional paid-in capital | 3,011,790us-gaap_AdditionalPaidInCapital | 3,011,790us-gaap_AdditionalPaidInCapital |
| Accumulated deficit | (1,538,248)us-gaap_RetainedEarningsAccumulatedDeficit | (1,285,801)us-gaap_RetainedEarningsAccumulatedDeficit |
| Total shareholders' equity | 1,473,792us-gaap_StockholdersEquity | 1,726,239us-gaap_StockholdersEquity |
| Total liabilities and shareholders' equity | $ 24,523,248us-gaap_LiabilitiesAndStockholdersEquity | $ 24,640,068us-gaap_LiabilitiesAndStockholdersEquity |
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- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount for notes payable (written promise to pay), due to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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