Quarterly report pursuant to Section 13 or 15(d)

Related-Party Transactions (Details Textual)

v2.4.0.6
Related-Party Transactions (Details Textual) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Rate
Jun. 30, 2011
Dec. 31, 2011
Related Party Transactions (Additional Textual) [Abstract]          
Due to the Adviser and Administrator $ 779,000 [1]   $ 779,000 [1]   $ 1,188,000 [1]
Annual base management fee, in percentage of stockholders' equity, in excess of recorded value of preferred stock     2.00%    
Base management fee 372,000 [1] 435,000 [1] 765,000 [1] 787,000 [1]  
Pre-incentive quarterly fee FFO in percentage of common stockholders equity that will reward the advisor     1.75%    
Pre-incentive annual fee FFO in percentage of common stockholders equity that will reward the advisor     7.00%    
Amount to be paid to Adviser in percentage of pre-incentive fee condition one     100.00%    
Pre-incentive fee in percentage of common stockholders equity that awards adviser hundred percent of amount of pre-incentive fee, maximum percentage     2.1875%    
Pre-incentive fee in percentage of common stockholders' equity that awards the adviser 20% of the amount of the pre-incentive fee, minimum percentage     2.1875%    
Amount to be paid to Adviser in percentage of pre-incentive fee condition two     20.00%    
Incentive fee 787,000 [1] 840,000 [1] 1,686,000 [1] 1,672,000 [1]  
Waiver of irrecoverable incentive fees unconditional 700,000   1,300,000    
Incentive fee 674,000 [1] 445,000 [1] 1,259,000 [1] 931,000 [1]  
Related-party transactions incentive fee, net 100,000 400,000 400,000 700,000  
Administration fee 265,000 [1] 260,000 [1] 575,000 [1] 516,000 [1]  
Dealer manager fee in percentage of gross proceeds of shares of Senior Common Stock sold     7.00%    
Sales commission fee in percentage of gross proceeds of shares of Senior Common Stock sold     3.00%    
Dealer Manager [Member]
          
Related-Party Transactions (Textual) [Abstract]          
Payments made to the Dealer Manager pursuant to Dealer Manager Agreement $ 29,000   $ 50,000    
[1] (1) Refer to Note 2 Related-Party Transactions