Quarterly report pursuant to Section 13 or 15(d)

Schedule of unamortized debt discount (Details)

v3.5.0.2
Schedule of unamortized debt discount (Details) - USD ($)
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Debt Instrument [Line Items]    
Balance as of January 1, 2016, net $ 302,892  
Write-off of Plano financing costs [1],[2] (53,280)  
Debt discount amortization expense 152,845 [2] $ 59,593
Balance as of June 30, 2016, net 1,240,126  
Plano Financing [Member]    
Debt Instrument [Line Items]    
Additions - Plano and Cantor financings $ 1,090,079  
[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 six months ended June 30, 2016 into the “Interest Expense” line item in the accompanying Consolidated Statements of Operations.
[2] Sum equals amortization expense incurred on the debt discount for the six months ended June 30, 2016 of $152,845.