Quarterly report pursuant to Section 13 or 15(d)

Schedule of unamortized debt discount (Details)

v3.4.0.3
Schedule of unamortized debt discount (Details)
 3 Months Ended
Mar. 31, 2016
USD ($)
Debt Instrument [Line Items]  
Balance as of January 1, 2016, net $ 302,892
Write-off of Plano financing costs (53,280) [1]
Debt discount amortization expense (36,961)
Balance as of March 31, 2016, net 1,302,730
Plano Financing [Member]  
Debt Instrument [Line Items]  
Additions 53,280
Cantor Loan [Member]  
Debt Instrument [Line Items]  
Additions $ 1,036,799
[1] As disclosed in Note 3 – "Property Portfolio," the Plano loan was refinanced with proceeds from the Cantor loan (discussed below) and accordingly the Plano related deferred financing costs were written off during the three months ended March 31, 2016 into the “Interest Expense” line item in the accompanying Consolidated Statements of Operations.