Summary of Significant Accounting Policies (Details) - USD ($) |
3 Months Ended | |
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Mar. 31, 2016 |
Dec. 31, 2015 |
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Restricted Cash and Cash Equivalents | $ 1,277,831 | $ 447,627 |
Increase in Restricted Cash | 830,204 | |
Tenant Receivables | 261,955 | 0 |
Escrow Deposit | 889,519 | 454,310 |
Increase (Decrease) in Escrow Deposits | 435,209 | |
Escrow Deposit Disbursements Related to Property Acquisition | 394,000 | |
Deferred Costs and Other Assets | 436,068 | $ 93,646 |
Deferred Rent Receivables, Net | 73,068 | |
Deferred Offering Costs | 363,000 | |
Cantor Loan [Member] | ||
Increase (Decrease) in Escrow Deposits | 830,000 | |
Plano Lease [Member] | ||
Increase in Restricted Cash | 320,000 | |
West Mifflin and Omaha Facility Loans [Member] | ||
Increase in Restricted Cash | $ 511,000 |
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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 Aggregate carrying amount of deferred costs and other assets not separately disclosed. No definition available.
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- Definition Specific incremental costs directly attributable to a proposed or actual offering of securities which are deferred at the end of the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of escrow deposit disbursements related to property acquisition in noncash investing or financing transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase (decrease) during the reporting period in moneys or securities given as security including, but not limited to, contract, escrow, or earnest money deposits, retainage (if applicable), deposits with clearing organizations and others, collateral, or margin deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash outflow associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. No definition available.
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- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. This element is for unclassified presentations; for classified presentations there is a separate and distinct element. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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