Sterling Real Estate Trust 10-K 28 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 24, 2014	Jun. 30, 2013
Document And Entity Information [Abstract]	'	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Trading Symbol	'INRE	'	'
Entity Registrant Name	'INREIT Real Estate Investment Trust	'	'
Entity Central Index Key	'0001412502	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	5,403,973.02	'
Entity Public Float	'	'	$63,517,998

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
ASSETS	'	'
Real estate investments	$403,192	$355,966
Cash and cash equivalents	13,849	4,556
Restricted deposits and funded reserves	5,585	3,471
Investment in unconsolidated affiliates	7,366	4,338
Due from related party	64	337
Receivables	3,517	2,664
Prepaid expenses	1,209	860
Notes receivable	'	4
Financing and lease costs, less accumulated amortization of $2,240 in 2013 and $1,556 in 2012	2,950	2,436
Rent incentive, less accumulated amortization of $317 in 2012	'	1,183
Intangible assets, less accumulated amortization of $3,720 in 2013 and $2,606 in 2012	10,479	9,135
Other assets	89	145
Total Assets	448,300	385,095
LIABILITIES	'	'
Mortgage notes payable	239,008	208,961
Special assessments payable	784	1,644
Dividends payable	3,990	3,395
Due to related party	294	112
Tenant security deposits payable	2,305	1,759
Investment certificates	364	1,417
Unfavorable leases, less accumulated amortization of $432 in 2013 and $287 in 2012	953	1,191
Accounts payable-trade	403	114
Retainage payable	133	'
Fair value of interest rate swap	309	492
Deferred insurance proceeds	'	105
Accrued expenses and other liabilities	2,551	2,714
Total Liabilities	251,094	221,904
COMMITMENTS and CONTINGENCIES-Note 18	'	'
SHAREHOLDERS' EQUITY	'	'
Noncontrolling interest in operating partnership	141,539	109,166
Beneficial interest	55,976	54,517
Accumulated comprehensive loss	-309	-492
Total Shareholders' Equity	197,206	163,191
Total liabilities and shareholders' equity	$448,300	$385,095

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Statement Of Financial Position [Abstract]	'	'
Accumulated amortization on financing cost	$2,240	$1,556
Accumulated amortization on rent incentive	'	317
Accumulated amortization on intangible assets	3,720	2,606
Accumulated amortization on unfavorable leases	$432	$287

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Income from rental operations	'	'
Real estate rental income	$58,211	$48,609
Tenant reimbursements	3,732	3,412
Total income from rental operations	61,943	52,021
Expenses from rental operations	'	'
Interest	11,222	10,925
Depreciation and amortization	12,219	10,516
Real estate taxes	5,677	5,580
Property management fees	5,241	4,316
Utilities	4,373	3,555
Repairs and maintenance	6,851	5,400
Insurance	1,248	899
Loss on lease terminations	203	'
Loss on impairment of property	226	262
Total expenses from rental operations	47,260	41,453
Administration of REIT	'	'
Administrative expenses	253	259
Advisory fees	1,633	1,313
Acquisition expenses	3,116	673
Trustee fees	51	64
Legal and accounting	553	493
Total Administration of REIT	5,606	2,802
Total expenses	52,866	44,255
Income from operations	9,077	7,766
Gain on involuntary conversion	2	'
Other income	'	'
Equity in income of unconsolidated affiliates	757	788
Interest income	31	78
Other income	100	'
Total other income	888	866
Income from continuing operations	9,967	8,632
Discontinued operations	3,350	499
Net income	13,317	9,131
Net income attributable to noncontrolling interest	9,355	6,424
Net income attributable to INREIT Real Estate Investment Trust	3,962	2,707
Earnings per common share, basic and diluted:	'	'
Continued operations	$0.56	$0.54
Discontinued operations	$0.19	$0.03
Net income per common share, basic and diluted	$0.75	$0.57
Comprehensive income:	'	'
Net income	13,317	9,131
Other comprehensive income (loss)-change in fair value of interest rate swap	183	-40
Comprehensive income	13,500	9,091
Comprehensive income attributable to noncontrolling interest	9,483	6,396
Comprehensive income attributable to INREIT Real Estate Investment Trust	$4,017	$2,695

CONSOLIDATED_STATEMENTS_OF_SHA

CONSOLIDATED STATEMENTS OF SHAREHOLDERS EQUITY (USD $)	Total	Common Shares [Member]	Accumulated Earnings (Deficit) [Member]	Total Beneficial Interest [Member]	Noncontrolling Interest [Member]	Accumulated Comprehensive Loss [Member]
In Thousands
Beginning Balance at Dec. 31, 2011	$144,225	$45,009	($8,873)	$36,136	$108,541	($452)
Beginning Balance, shares at Dec. 31, 2011	'	3,797	'	'	'	'
Issuance of common shares	21,766	21,766	'	21,766	'	'
Issuance of common shares, shares	'	1,584	'	'	'	'
Contribution of assets in exchange for the issuance of noncontrolling interest shares	5,546	'	'	'	5,546	'
Repurchase of shares/units	-5,260	-3,936	'	-3,936	-1,324	'
Repurchase of shares/units, shares	'	-358	'	'	'	'
Dividends declared	-13,126	'	-4,023	-4,023	-9,103	'
Dividends reinvested-stock dividend	2,408	2,408	'	2,408	'	'
Dividends reinvested-stock dividend, shares	'	182	'	'	'	'
UPREIT units converted to REIT common shares	'	793	'	793	-793	'
UPREIT units converted to REIT common shares	'	105	'	'	'	'
Syndication costs	-1,459	'	-1,334	-1,334	-125	'
Increase (Decrease) in fair value of interest rate swap	-40	'	'	'	'	-40
Net income	9,131	'	2,707	2,707	6,424	'
Ending Balance at Dec. 31, 2012	163,191	66,040	-11,523	54,517	109,166	-492
Ending Balance, shares at Dec. 31, 2012	5,300	5,310	'	'	'	'
Contribution of assets in exchange for the issuance of noncontrolling interest shares	36,135	'	'	'	36,135	'
Repurchase of shares/units	-4,300	-2,437	'	-2,437	-1,863	'
Repurchase of shares/units, shares	'	-184	'	'	'	'
Dividends declared	-15,173	'	-4,514	-4,514	-10,659	'
Dividends reinvested-stock dividend	2,750	2,750	'	2,750	'	'
Dividends reinvested-stock dividend, shares	'	207	'	'	'	'
Issuance of shares under optional purchase plan	1,332	1,332	'	1,332	'	'
Issuance of shares under optional purchase plan, shares	'	95	'	'	'	'
UPREIT units converted to REIT common shares	'	366	'	366	-366	'
UPREIT units converted to REIT common shares	'	26	'	'	'	'
Syndication costs	-83	'	'	'	-83	'
Increase (Decrease) in fair value of interest rate swap	183	'	'	'	'	183
Distributions paid to consolidated real estate entity noncontrolling interests	-146	'	'	'	-146	'
Net income	13,317	'	3,962	3,962	9,355	'
Ending Balance at Dec. 31, 2013	$197,206	$68,051	($12,075)	$55,976	$141,539	($309)
Ending Balance, shares at Dec. 31, 2013	5,500	5,454	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
OPERATING ACTIVITIES	'	'
Net income	$13,317	$9,131
Adjustments to reconcile net income to net cash from operating activities	'	'
Gain on sale of real estate	-2,591	-114
Loss on lease terminations	203	'
Loss on sale of real estate investments	'	88
Gain on involuntary conversion	-2	'
Loss on impairment of property	226	262
Equity in income of unconsolidated affiliates	-757	-788
Depreciation	10,887	9,650
Amortization	1,900	1,590
Effects on operating cash flows due to changes in	'	'
Tenant security deposits	-535	-218
Due from related party	273	31
Receivables	620	-428
Prepaid expenses	-349	-161
Other assets	56	577
Due to related party	182	46
Tenant security deposits payable	546	229
Accounts payable	57	104
Accrued expenses	-160	94
NET CASH PROVIDED BY OPERATING ACTIVITIES	23,873	20,093
INVESTING ACTIVITIES	'	'
Purchase of real estate investment properties	-22,244	-13,102
Proceeds from sale of real estate investments	23,332	933
Proceeds from involuntary conversion	541	'
Investment in unconsolidated affiliates	-1,229	-81
Distributions received from unconsolidated affiliates	1,114	1,003
Real estate tax, insurance and replacement reserve escrows	-1,579	-120
Notes receivable payments received	4	1,804
Deferred insurance proceeds	-105	56
NET CASH USED IN INVESTING ACTIVITIES	-166	-9,507
FINANCING ACTIVITIES	'	'
Payments for financing costs	-958	-751
Payments on investment certificates	-1,053	-27
Principal payments on special assessments payable	-1,173	-161
Proceeds from issuance of mortgage notes payable	40,254	11,002
Principal payments on mortgage notes payable	-36,458	-16,062
Net change in short-term notes payable	'	-8,000
Proceeds from issuance of shares	'	21,766
Proceeds from issuance of shares under optional purchase plan	1,332	'
Repurchase of shares/units	-4,300	-5,260
Dividends/distributions paid	-11,975	-10,269
Payment of syndication costs	-83	-1,461
NET CASH USED IN FINANCING ACTIVITIES	-14,414	-9,223
NET CHANGE IN CASH AND CASH EQUIVALENTS	9,293	1,363
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	4,556	3,193
CASH AND CASH EQUIVALENTS AT END OF PERIOD	13,849	4,556
SCHEDULE OF CASH FLOW INFORMATION	'	'
Cash paid during the period for interest, net of capitalized interest	11,556	11,877
SUPPLEMENTARY SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES	'	'
Dividends reinvested	2,750	2,408
Dividends declared and not paid	1,145	1,096
UPREIT distributions declared and not paid	2,845	2,299
UPREIT units converted to REIT common shares	366	2,117
Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT	33,979	5,546
Acquisition of investment in unconsolidated affiliate in exchange for the issuance of noncontrolling interest shares in UPREIT	2,156	'
Increase in land improvements due to increase in special assessments payable	313	328
Unrealized (gain) loss on interest rate swap	-183	40
Acquisition of assets through assumption of debt and property purchased with financing	26,250	7,569
Acquisition of assets with accounts payable	$365	'

ORGANIZATION

ORGANIZATION	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
ORGANIZATION	'
	NOTE 1—ORGANIZATION
	INREIT Real Estate Investment Trust (“INREIT”) is a registered, but unincorporated business trust organized in North Dakota in November 2002. INREIT has elected to be taxed as a Real Estate Investment Trust (“REIT”) under Sections 856-860 of the Internal Revenue Code, which requires that 75% of the assets of a REIT must consist of real estate assets and that 75% of its gross income must be derived from real estate. The net income of the REIT is allocated in accordance with the stock ownership in the same fashion as a regular corporation.
	INREIT previously established an operating partnership (“INREIT Properties, LLLP”) and transferred all of its assets and liabilities to the operating partnership in exchange for general partnership units. As the general partner, INREIT has management responsibility for all activities of the operating partnership. As of December 31, 2013 and 2012, INREIT owned approximately 28.7% and 32.3%, respectively, of the operating partnership. The operating partnership is the 100% owner of 38 single asset limited liability companies and the 81.25% owner in a single asset limited liability partnership.

PRINCIPAL_ACTIVITY_AND_SIGNIFI

PRINCIPAL ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

'

PRINCIPAL ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES

'

NOTE 2—PRINCIPAL ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying consolidated financial statements include the accounts of INREIT and all subsidiaries for which we maintain a controlling interest.

The accompanying consolidated financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”) and require management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of income and expenses during the reporting periods. Actual results could differ from those estimates.

Principles of Consolidation

The consolidated financial statements include the accounts of INREIT, INREIT Properties, LLLP, 38 single asset limited liability companies and a single asset LLP in which the operating partnership owns an 81.25% interest. All significant intercompany transactions and balances have been eliminated in consolidation.

Additionally, we evaluate the need to consolidate affiliates based on standards set forth in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810, Consolidation (“ASC 810”). In determining whether we have a requirement to consolidate the accounts of an entity, management considers factors such as our ownership interest, our authority to make decisions and contractual and substantive participating rights of the limited partners and shareholders, as well as whether the entity is a variable interest entity (“VIE”) for which we have both a) the power to direct the activities of the VIE that most significantly impact the entity’s economic performance and b) the obligation to absorb losses or the right to receive benefits from the VIE that could be potentially significant to the VIE.

Principal Business Activity

INREIT currently owns directly and indirectly 122 properties. The trust’s residential properties are located in North Dakota, Minnesota, and Nebraska and are principally multi-family apartment buildings. The trust owns 48 commercial properties primarily located in North Dakota with others located in Arkansas, Colorado, Iowa, Louisiana, Michigan, Minnesota, Mississippi, Nebraska, Texas and Wisconsin. The commercial properties include retail, office, industrial, restaurant and medical properties. Presently, the trust’s mix of properties is 63.1% residential and 36.9% commercial (based on cost) and total $403.2 million in real estate investments at December 31, 2013.

Residential Property

Location

No. of Properties

Units

North Dakota

66

4,360

Minnesota

6

1,271

Nebraska

2

316

74

5,947

Commercial Property

Location

No. of Properties

Sq Ft

North Dakota

20

808,389

Arkansas

2

29,370

Colorado

1

13,390

Iowa

1

32,532

Louisiana

1

14,560

Michigan

1

11,737

Minnesota

13

382,666

Mississippi

1

14,820

Nebraska

1

14,736

Texas

1

7,296

Wisconsin

6

74,916

48

1,404,412

Investment in Unconsolidated Affiliates

We account for unconsolidated affiliates using the equity method of accounting per guidance established under ASC 323, Investments – Equity Method and Joint Ventures (“ASC 323”). The equity method of accounting requires the investment to be initially recorded at cost and subsequently adjusted for our share of equity in the affiliates’ earnings and distributions. We evaluate the carrying amount of the investments for impairment in accordance with ASC 323. Unconsolidated affiliates are reviewed for potential impairment if the carrying amount of the investment exceeds its fair value. An impairment charge is recorded when an impairment is deemed to be other-than-temporary. To determine whether impairment is other-than-temporary, we consider whether we have the ability and intent to hold the investment until the carrying amount is fully recovered. The evaluation of an investment in an affiliate for potential impairment can require our management to exercise significant judgments. No impairment losses were recorded related to the unconsolidated affiliates for the years ended December 31, 2013 and 2012.

Investment in unconsolidated affiliates as of December 31, 2013 consists of the operating partnership’s 40.26% interest in a single asset limited liability company which owns a 144 unit residential, multi-tenant apartment complex in Bismarck, North Dakota; the operating partnership’s 100.00% interest in a single asset limited liability company which holds a 50.00% interest as tenants in common in a 183,000 square foot commercial space in Grand Forks, North Dakota; the operating partnership’s 66.67% interest as tenant in common in an office building with approximately 75,000 square feet of commercial space in Fargo, North Dakota, and the operating partnership’s 82.50% interest as tenant in common in a 61 unit residential, multi-tenant apartment complex in Fargo, North Dakota, which was purchased in July 2013 for approximately $3.0 million. The purchase was financed with the issuance of limited partnership units valued at approximately $2.2 million and cash. The interest was purchased from an entity affiliated with Mr. Regan, a related party, who received limited partnership units valued at approximately $533,000.

These investments are not consolidated as the entities do not qualify as variable interest entities and do not meet the control requirements for consolidation, as defined in ASC 810. The operating partnership and the respective affiliate partners must approve significant decisions about the applicable entities activities. As of December 31, 2013 and 2012, the unconsolidated affiliates held total assets of $31.3 million and $29.0 million and mortgage notes payable of $21.2 million and $21.6 million, respectively.

Concentration of Credit Risk

Our cash balances are maintained in various bank deposit accounts. The bank deposit amounts in these accounts may exceed federally insured limits at various times throughout the year.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Real Estate Investments

We account for our property acquisitions by allocating the purchase price of a property to the property’s assets based on management’s estimates of fair value. Techniques used to estimate fair value include appraisals of the properties by a certified independent appraiser at the time of acquisition.

Furniture and fixtures purchased are stated at cost less accumulated depreciation. All costs associated with the development and construction of real estate investments, including acquisition fees and interest, are capitalized as a cost of the property. Expenditures for renewals and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Expenditures for routine maintenance and repairs, which do not add to the value or extend useful lives, are charged to expense as incurred.

Depreciation is provided for over the estimated useful lives of the individual assets using the straight-line method over the following estimated useful lives:

Buildings and improvements

40 years

Furniture and fixtures

9 years

Depreciation expense for the years ended December 31, 2013 and 2012, totaled $10.9 million and $9.7 million, respectively.

The Company’s investment properties are reviewed for potential impairment at the end of each reporting period or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. At the end of each reporting period, the Company separately determines whether impairment indicators exist for each property.

Examples of situations considered to be impairment indicators include, but are not limited to:

•

a substantial decline or continued low occupancy rate;

•

continued difficulty in leasing space;

•

significant financial troubled tenants;

•

a change in plan to sell a property prior to the end of its useful life or holding period;

•

a significant decrease in market price not in line with general market trends; and

•

any other quantitative or qualitative events or factors deemed significant by the Company’s management or board of trustees.

If the presence of one or more impairment indicators as described above is identified at the end of the reporting period or throughout the year with respect to an investment property, the asset is tested for recoverability by comparing its carrying value to the estimated future undiscounted cash flows. An investment property is considered to be impaired when the estimated future undiscounted cash flows are less than its current carrying value. When performing a test for recoverability or estimating the fair value of an impaired investment property, the Company makes complex or subjective assumptions which include, but are not limited to:

•

projected operating cash flows considering factors such as vacancy rates, rental rates, lease terms, tenant financial strength, demographics, holding period and property location;

•

projected capital expenditures and lease origination costs;

•

projected cash flows from the eventual disposition of an operating property using a property specific capitalization rate;

•

comparable selling prices; and

•

property specific discount rates for fair value estimates as necessary.

To the extent impairment has occurred, the Company will record an impairment charge calculated as the excess of the carrying value of the asset over its fair value for impairment of investment properties. Based on evaluation, management recorded loss on impairment of property of $226,000 and $262,000 for the years ending December 31, 2013 and 2012, respectively.

Properties Held for Sale

We account for our properties held for sale in accordance with ASC 360, Property, Plant and Equipment (“ASC 360”), which addresses financial accounting and reporting in a period in which a component of an entity either has been disposed of or is classified as held for sale, and requires that the statements of operations for current and prior periods shall report the results of operations of the component as discontinued operations.

In accordance with ASC 360, at such time as a property is held for sale, such property is carried at the lower of (1) its carrying amount or (2) fair value less costs to sell. In addition, a property being held for sale ceases to be depreciated. We classify operating properties as properties held for sale in the period in which all of the following criteria are met:

•

management, having the authority to approve the action, commits to a plan to sell the asset;

•

the asset is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets;

•

an active program to locate a buyer and other actions required to complete the plan to sell the asset has been initiated;

•

the sale of the asset is probable and the transfer of the asset is expected to qualify for recognition as a completed sale within one year;

•

the asset is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and

•

given the actions required to complete the plan to sell the asset, it is unlikely that significant changes to the plan would be made or that the plan would be withdrawn.

There were no properties classified as held for sale at December 31, 2013 or 2012. See Note 19.

Cash and Cash Equivalents

We classify highly liquid investments with a maturity of three months or less when purchased as cash and cash equivalents.

Receivables

Receivables consist primarily of amounts due for rent and real estate taxes. The receivables are non-interest bearing. The carrying amount of receivables is reduced by an amount that reflects management’s best estimates of the amounts that will not be collected. As of December 31, 2013 and 2012, management determined that no allowance was necessary for uncollectible receivables.

Financing and Lease Costs

Financing costs incurred in connection with financing have been capitalized and are being amortized over the life of the financing using the effective interest method. Lease costs incurred in connection with new leases have been capitalized and are being amortized over the life of the lease using the straight-line method.

Rental Incentives

Rental incentives consist of up-front cash payments to lessees to sign the lease. Rental incentives are amortized against rental income over the term of the lease.

Intangible Assets

Lease intangibles are a purchase price allocation recorded on property acquisition. The lease intangibles represent the estimated value of in-place leases and the value of leases with above or below market lease terms. Lease intangibles are amortized over the term of the related lease.

The carrying amount of intangible assets is regularly reviewed for indicators of impairments in value. Impairment is recognized only if the carrying amount of the intangible asset is considered to be unrecoverable from its undiscounted cash flows and is measured as the difference between the carrying amount and the estimated fair value of the asset. Based on the review, management determined that no impairment charges were necessary at December 31, 2013 or 2012.

Non-controlling Interest

Interests in the operating partnership held by limited partners are represented by operating partnership units. The operating partnerships’ income is allocated to holders of units based upon the ratio of their holdings to the total units outstanding during the period. Capital contributions, distributions, syndication costs, and profits and losses are allocated to non-controlling interests in accordance with the terms of the operating partnership agreement.

Syndication Costs

Syndication costs consist of costs paid to attorneys, accountants, and selling agents, related to the raising of capital. These fees are paid based on management’s discretion. Syndication costs are recorded as a reduction to equity and non-controlling interest.

Federal Income Taxes

We have elected to be taxed as a REIT under the Internal Revenue Code, as amended. A REIT calculates taxable income similar to other domestic corporations, with the major difference being that a REIT is entitled to a deduction for dividends paid. A REIT is generally required to distribute each year at least 90% of its taxable income. If it chooses to retain the remaining 10% of taxable income, it may do so, but it will be subject to a corporate tax on such income. REIT shareholders are taxed on REIT distributions of ordinary income in the same manner as they are taxed on other corporate distributions.

Tax Year Ended December 31,

Dividend

%

Dividend

%

2013

2013

2012

2012

Tax status

Ordinary income

$

0.67

79.76

%

$

0.68

82.39

%

Capital Gain

0.17

20.24

%

0.01

1.64

%

Return of capital

—

0

%

0.13

15.97

%

$

0.84

100

%

$

0.82

100

%

We intend to continue to qualify as a REIT and, as such, will not be taxed on the portion of the income that is distributed to the shareholders. In addition, we intend to distribute all of our taxable income; therefore, no provisions or liabilities for income taxes have been recorded in the financial statements.

INREIT conducts its business activity as an Umbrella Partnership Real Estate Investment Trust (“UPREIT”) through its Operating Partnership. The Operating Partnership is organized as a limited liability limited partnership. Income or loss is allocated to the partners in accordance with the provisions of the Internal Revenue Code 704(b) and 704(c). UPREIT status allows non-recognition of gain by an owner of appreciated real estate if that owner contributes the real estate to a partnership in exchange for partnership interest. The conversion of partnership interest to shares of beneficial interest in the REIT will be a taxable event to the limited partner.

We follow ASC Topic 740, Income Taxes, to recognize, measure, present and disclose in our consolidated financial statements uncertain tax positions that we have taken or expect to take on a tax return. As of December 31, 2013 and 2012 we did not have any liabilities for uncertain tax positions that we believe should be recognized in our consolidated financial statements. We are no longer subject to Federal and State tax examinations by tax authorities for years before 2010.

The operating partnership has elected to record related interest and penalties, if any, as income tax expense on the consolidated statements of operations and other comprehensive income.

Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU 2013-02”). This newly issued accounting standard requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for fiscal years and interim periods within those years beginning after December 15, 2012 and was effective for the Company on January 1, 2013. The adoption of this standard did not have a material impact on the Company’s financial position, results of operations or cash flows.

Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s financial statements upon adoption.

Revenue Recognition

We recognize revenue in accordance with ASC Topic 605, Revenue Recognition, (“ASC Topic 605”). ASC Topic 605 requires that all four of the following basic criteria be met before revenue is realized or realizable and earned: (1) there is persuasive evidence that an arrangement exists; (2) delivery has occurred or services have been rendered; (3) the seller’s price to the buyer is fixed and determinable; and (4) collectability is reasonably assured.

We derive over 95% of our revenues from tenant rents and other tenant-related activities. We lease multifamily residential apartments under operating leases and substantially all of our apartment leases are for a term of one year or less. Rental income and other property revenues are recorded when due from tenants and is recognized monthly as it is earned pursuant to the terms of the underlying leases. Other property revenues consist primarily of laundry, application and other fees charged to tenants.

We lease commercial space primarily under long-term lease agreements. Commercial tenant rents include base rents, expense reimbursements (such as common area maintenance, real estate taxes and utilities), and straight-line rents. We record base rents on a straight-line basis. The monthly base rent income according to the terms of our leases is adjusted so that an average monthly rent is recorded for each tenant over the term of its lease. The straight-line rent adjustment increased revenue by $429,000 and $313,000 for the years ended December 31, 2013 and 2012, respectively. The straight-line receivable balance included in receivables on the consolidated balance sheets as of December 31, 2013 and 2012 was $2.4 million and $1.9 million, respectively. We receive payments for expense reimbursements from substantially all our multi-tenant commercial tenants throughout the year based on estimates. Differences between estimated recoveries and the final billed amounts, which generally are immaterial, are recognized in the subsequent year.

Earnings per Common Share

Basic earnings per common share is computed by dividing net income available to common shareholders (the “numerator”) by the weighted average number of common shares outstanding (the “denominator”) during the period. INREIT had no dilutive potential common shares as of December 31, 2013 or 2012, and therefore, basic earnings per common share was equal to diluted earnings per common share for both periods.

For the years ended December 31, 2013 and 2012, INREIT’s denominators for the basic and diluted earnings per common share were approximately 5.4 million and 4.7 million, respectively.

Reclassifications

Certain amounts previously reported in our annual report ended December 31, 2012 have been reclassified to conform to discontinued operations presentations in 2013. In addition, reclassifications to expand certain captions have been made to the 2012 consolidated statement of shareholders’ equity to conform to the 2013 presentation.

SEGMENT_REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
SEGMENT REPORTING	'
	NOTE 3—SEGMENT REPORTING
	We report our results in two reportable segments: residential and commercial properties. Our residential properties include multi-family and assisted senior living properties. Our commercial properties include retail, office, restaurant and medical properties. We assess and measure operating results based on net operating income (“NOI”), which we define as total real estate segment revenues less real estate expenses (which consist of real estate taxes, property management fees, utilities, repairs and maintenance, insurance and direct administrative costs). We believe NOI is an important measure of operating performance even though it should not be considered an alternative to net income or cash flow from operating activities. NOI is unaffected by financing, depreciation, amortization, legal and professional fees and other general and administrative expenses. The accounting policies of each segment are consistent with those described in Note 2 of this report.
	Segment Revenues and Net Income
	The revenues and net operating income for our reportable segments are summarized as follows for the years ended December 31, 2013 and 2012, along with reconciliations to the consolidated financial statements. Segment assets are also reconciled to total assets as reported in the consolidated financial statements.
	Year ended December 31, 2013	Residential			Commercial			Total
		(in thousands)
	Income from rental operations	$	43,060		$	18,883		$	61,943
	Expenses from rental operations		18,919			4,471			23,390
	Net operating income	$	24,141		$	14,412			38,553
	Interest								11,222
	Depreciation and amortization								12,219
	Administration of REIT								5,606
	Gain on involuntary conversion								(2	)
	Other (income)/expense								(888	)
	Loss on lease terminations								203
	Loss on impairment of property								226
	Income from continuing operations								9,967
	Discontinued operations								3,350
	Net income							$	13,317
	Year ended December 31, 2012	Residential			Commercial			Total
		(in thousands)
	Income from rental operations	$	35,310		$	16,711		$	52,021
	Expenses from rental operations		15,588			4,162			19,750
	Net operating income	$	19,722		$	12,549			32,271
	Interest								10,925
	Depreciation and amortization								10,516
	Administration of REIT								2,802
	Loss on impairment of property								262
	Other (income)/expense								(866	)
	Income from continuing operations								8,632
	Discontinued operations								499
	Net income							$	9,131
	Segment Assets and Accumulated Depreciation
	As of December 31, 2013	Residential			Commercial			Total
		(in thousands)
	Real estate investments	$	296,377		$	153,873		$	450,250
	Accumulated depreciation		(30,075	)		(16,983	)		(47,058	)
		$	266,302		$	136,890			403,192
	Cash and cash equivalents								13,849
	Restricted deposits and funded reserves								5,585
	Investment in unconsolidated affiliates								7,366
	Receivables and other assets								4,879
	Financing costs, less accumulated amortization								2,950
	Intangible assets, less accumulated amortization								10,479
	Total Assets							$	448,300
	As of December 31, 2012	Residential			Commercial			Total
		(in thousands)
	Real estate investments	$	245,494		$	149,252		$	394,746
	Accumulated depreciation		(25,138	)		(13,642	)		(38,780	)
		$	220,356		$	135,610			355,966
	Cash and cash equivalents								4,556
	Restricted deposits and funded reserves								3,471
	Investment in unconsolidated affiliates								4,338
	Receivables and other assets								4,010
	Financing costs, less accumulated amortization								2,436
	Rent incentive, less accumulated amortization								1,183
	Intangible assets, less accumulated amortization								9,135
	Total Assets							$	385,095

REAL_ESTATE_INVESTMENTS

REAL ESTATE INVESTMENTS	12 Months Ended
	Dec. 31, 2013
Text Block [Abstract]	'
REAL ESTATE INVESTMENTS	'
	NOTE 4—REAL ESTATE INVESTMENTS
		Residential			Commercial			Total
		(in thousands)
	As of December 31, 2013
	Land and land improvements	$	36,625		$	28,506		$	65,131
	Building and improvements		240,343			123,900			364,243
	Furniture and fixtures		17,372			1,467			18,839
	Construction in progress		2,037			—			2,037
			296,377			153,873			450,250
	Less accumulated depreciation		(30,075	)		(16,983	)		(47,058	)
		$	266,302		$	136,890		$	403,192
		Residential			Commercial			Total
		(in thousands)
	As of December 31, 2012
	Land and land improvements	$	25,187		$	30,524		$	55,711
	Building and improvements		205,945			117,261			323,206
	Furniture and fixtures		14,362			1,467			15,829
			245,494			149,252			394,746
	Less accumulated depreciation		(25,138	)		(13,642	)		(38,780	)
		$	220,356		$	135,610		$	355,966
	Construction in progress consists of costs associated with the development of a new 156 unit residential apartment community which includes four buildings, located in Bismarck, North Dakota. The project is estimated to cost $16.0 million and is expected to be substantially completed in June 2015. The Company is working with GOLDMARK Development Corporation, a related party, as the general contractor for the project. See Note 15 for additional information.

RESTRICTED_DEPOSITS_AND_FUNDED

RESTRICTED DEPOSITS AND FUNDED RESERVES	12 Months Ended
	Dec. 31, 2013
Cash And Cash Equivalents [Abstract]	'
RESTRICTED DEPOSITS AND FUNDED RESERVES	'
	NOTE 5—RESTRICTED DEPOSITS AND FUNDED RESERVES
		2013		2012
		(in thousands)
	Tenant security deposits	$	2,265	$	1,730
	Real estate tax and insurance escrows		2,530		1,050
	Replacement reserves		790		691
		$	5,585	$	3,471
	Tenant Security Deposits
	We have set aside funds to repay tenant security deposits upon tenant move-out.
	Real Estate Tax and Insurance Escrows
	Pursuant to the terms of certain mortgages and management policy, we have established and maintain real estate tax escrows and insurance escrows to pay real estate taxes and insurance. We are to contribute to the account monthly an amount equal to 1/12 of the estimated real estate taxes and insurance premiums.
	Replacement Reserves
	Pursuant to the terms of certain mortgages and management policy, we have established and maintain several replacement reserve accounts. We make monthly deposits into the replacement reserve accounts to be used for repairs and replacements on the property. Certain replacement reserve accounts require authorization from the mortgage company for withdrawals.

HEDGING_ACTIVITIES

HEDGING ACTIVITIES	12 Months Ended
	Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]	'
HEDGING ACTIVITIES	'
	NOTE 6—HEDGING ACTIVITIES
	As part of our interest rate risk management strategy, we use derivative instruments to minimize significant unanticipated earnings fluctuations that may arise from rising variable interest rate costs associated with existing borrowings. To meet these objectives, we have entered into interest rate swaps for the notional amount of $1.3 million and $2.4 million to provide a fixed rate of 7.25% and 2.57%, respectively. The swaps mature in April 2020 and December 2017, respectively. The swaps were issued at approximate market terms and thus no fair value adjustment was recorded at inception.
	The carrying amount of the swaps have been adjusted to their fair values at the end of the quarter, which because of changes in forecasted levels of LIBOR resulted in reporting a liability for the fair value of the future net payments forecasted under the swaps. The interest rate swaps are accounted for as effective hedges in accordance with ASC 815-20 whereby they are recorded at fair value and changes in fair value are recorded to comprehensive income. As of December 31, 2013 and 2012, we have recorded a liability and other comprehensive loss of $309,000 and $492,000, respectively.

LEASE_INTANGIBLES

LEASE INTANGIBLES	12 Months Ended
	Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]	'
LEASE INTANGIBLES	'
	NOTE 7—LEASE INTANGIBLES
	The following table summarizes the net value of other intangible assets and liabilities and the accumulated amortization for each class of intangible:
		Lease			Accumulated			Lease
		Intangibles			Amortization			Intangibles, net
		(in thousands)
	As of December 31, 2013
	In-place leases	$	11,733		$	(3,383	)	$	8,350
	Above-market leases		2,466			(337	)		2,129
	Below-market leases		(1,385	)		432			(953	)
		$	12,814		$	(3,288	)	$	9,526
		Lease			Accumulated			Lease
		Intangibles			Amortization			Intangibles, net
		(in thousands)
	As of December 31, 2012
	In-place leases	$	10,034		$	(2,375	)	$	7,659
	Above-market leases		1,706			(230	)		1,476
	Below-market leases		(1,478	)		287			(1,191	)
		$	10,262		$	(2,318	)	$	7,944
	The estimated aggregate amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
	Years ending December 31,	Amount
		(in thousands)
	2014	$	1,076
	2015		1,076
	2016		1,076
	2017		1,076
	2018		1,076
	Thereafter		4,146
		$	9,526
	The weighted average amortization period for the intangible assets, in-place leases, above-market leases, and below-market leases acquired as of December 31, 2013 was 11.0 years.

LINES_OF_CREDIT

LINES OF CREDIT	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
LINES OF CREDIT	'
	NOTE 8—LINES OF CREDIT
	We have a $15.0 million variable rate (1-month LIBOR plus 2.35%) line of credit agreement with Wells Fargo Bank, which expires in July 2015; a $1.0 million variable rate (the greater of the prime rate or 3.25%) unsecured line of credit agreement and a $3.0 million variable rate (prime rate less 0.5%) line of credit agreement with Bremer Bank, which expire in October and November 2014, respectively; and a $2.0 million variable rate (prime rate) line of credit agreement with Bell State Bank & Trust, which expires in June 2014. The lines of credit are secured by properties in Duluth, Minnesota; St. Cloud, Minnesota; Minneapolis/St. Paul, Minnesota, Moorhead, Minnesota and Fargo, North Dakota, respectively. At December 31, 2013, there was no balance outstanding on the lines of credit, leaving $21.0 million unused under the agreements. The line of credit agreements include covenants that, in part, impose maintenance of certain debt service coverage and debt to net worth ratios. As of December 31, 2013 and 2012, we were in compliance with all covenants.

MORTGAGE_NOTES_PAYABLE

MORTGAGE NOTES PAYABLE	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
MORTGAGE NOTES PAYABLE	'
	NOTE 9—MORTGAGE NOTES PAYABLE
	The following table summarizes the Company’s mortgage notes payable. As of December 31, 2013 all are fixed rate notes.
				Interest			Principal Balance At
				Rate Per			December 31,		December 31,
	Maturity Date	Property Name		Annum			2013		2012
							(in thousands)
	Residential Properties
	Oct-17	Auburn II (Arneson)			6.3	%	$	625	$	636
	Oct-17	Hunter’s Run I (Arneson)			6.3	%		300		306
	Jul-16	Autumn Ridge 3 &4			4.5	%		3,318		3,438
	Jan-16	Autumn Ridge 1 & 2			5.74	%		2,868		2,926
	Oct-13	Bayview			4.62	%		3,582		2,032
	Jun-18	Berkshire			3.75	%		311		327
	Sep-21	Brookfield			3.75	%		1,366		1,515
	Mar-14	Candlelight			5.67	%		—		1,245
	Sep-36	Carling Manor			4.4	%		538		552
	Dec-13	Carlton 1—3			5.6	%		—		2,189
	Jun-13	Carlton Place			6.96	%		—		1,920
	Feb-17	Colony Manor			3.63	%		822		853
	Sep-14	Columbia West			7.8	%		—		1,447
	Nov-24	Country Club			4.37	%		619		663
				Interest			Principal Balance At
				Rate Per			December 31,		December 31,
	Maturity Date	Property Name		Annum			2013		2012
							(in thousands)
	Oct-33	Courtyard			3.92	%		4,475		—
	Oct-19	Danbury			5.03	%		3,037		3,112
	Oct-28	Dellwood			4.55	%		8,146		—
	Mar-17	Eagle Run			3.95	%		4,713		4,838
	Jun-15	EV-Bismarck			2.55	%		—		14,956
	Jun-18	Emerald Court			3.75	%		637		669
	Mar-17	Fairview			3.95	%		3,257		3,325
	Jun-23	Flickertail			3.75	%		5,947		2,823
	Sep-20	Forest			4.55	%		492		—
	Dec-17	Galleria III			4.75	%		630		646
	Aug-16	Glen Pond			6.3	%		16,096		16,405
	Mar-17	Hunter			3.95	%		1,203		1,236
	Sep-14	Islander			6	%		—		506
	Jun-20	Kennedy			4.55	%		537		—
	Dec-17	Library Lane			6.1	%		1,915		1,950
	May-21	Maple Ridge			5.69	%		4,353		4,413
	Oct-28	Maplewood Bend			4.58	%		5,580		3,513
	Oct-23	Montreal Courts			4.91	%		19,976		—
	Sep-17	Oak Court			5.98	%		1,863		1,892
	Jun-20	Pacific Park I			4.55	%		798		—
	Jun-20	Pacific Park II			4.55	%		683		—
	Jun-20	Pacific Park South			4.55	%		421		—
	Feb-17	Parkwood			3.63	%		1,208		1,254
	Dec-23	Pebble Creek			4.65	%		4,700		2,530
	Jun-18	Prairiewood Courts			3.75	%		1,539		1,616
	Oct-20	Prairiewood Meadows			6.17	%		2,386		2,429
	Nov-23	Richfield/Harrison			4.39	%		6,488		2,577
	Sep-17	Rosegate			5.93	%		2,373		2,411
	Sep-36	Saddlebrook			4.4	%		1,107		1,135
	Aug-19	Sierra Ridge Phase I			5.46	%		2,668		2,731
	Nov-19	Sierra Ridge Phase II			5.92	%		3,362		3,429
	Oct-22	Somerset			4.01	%		3,318		3,375
	Jul-21	Southgate			5.96	%		3,019		3,081
	Feb-20	Southview III			4.5	%		236		242
	Dec-17	Southview Villages			6.1	%		2,094		2,131
	Jun-20	Spring			4.55	%		651		—
	Apr-15	Stonybrook			5.4	%		5,574		5,684
	Jan-22	Sunset Ridge			4.44	%		9,146		9,300
May-19	Sunview			5.75	%		1,230		1,261
Apr-23	Sunwood Estates			4.37	%		3,032		—
Jun-19	Terrace on the Green			6.53	%		2,163		2,192
Oct-22	Twin Parks			4.01	%		2,359		2,400
May-19	Village			5.75	%		1,085		1,112
Jul-16	Village Park			6.15	%		884		911
Jun-18	Westwind			3.75	%		354		372
Jun-20	Westwood			4.55	%		5,041		5,231
Apr-23	Willow Park			3.59	%		4,434		2,529
Commercial Properties
Sep-17	Guardian Building Products			3.45	%		2,318		2,404
Oct-33	Titan Machinery—Dickinson, ND			4.5	%		996		420
Dec-19	Titan Machinery—Fargo, ND			4.18	%		1,198		1,241
Aug-33	Titan Machinery—Marshall, MN			4.5	%		2,304		2,366
Aug-17	Titan Machinery—Minot, ND			3.29	%		1,750		1,816
Feb-23	Titan Machinery—Redwood Falls, MN			4.25	%		1,754		—
Oct-28	Titan Machinery—Sioux City, IA			4.5	%		1,736		—
Mar-16	Bio-life Properties—ND, MN, WI (9 total)			7.56	%		8,800		9,938
Dec-16	Bio-life Properties—Marquette, MI			7.06	%		1,258		1,421
Aug-17	Aetna			5.93	%		6,945		7,066
Dec-17	32nd Avenue Office			4	%		2,272		2,342
Mar-19	Echelon			4.25	%		1,161		1,223
Apr-18	Gate City			3.97	%		1,050		1,085
Sep-20	Goldmark Office Park			5.33	%		4,664		5,224
Apr-20	Great American Building			7.25	%		1,072		1,106
Oct-15	Regis			5.68	%		9,527		9,740
Apr-17	Dairy Queen—Dickinson, ND			3.63	%		709		749
Apr-25	Walgreens-Alexandria			5.69	%		2,097		2,226
Mar-34	Walgreens-Batesville			6.85	%		6,460		6,602
Jun-21	Walgreens-Colorado			4.5	%		4,339		4,447
Aug-33	Walgreens-Fayetteville			6.85	%		4,962		5,077
Oct-24	Walgreens-Laurel			6.07	%		2,077		2,202
						$	239,008	$	208,961
Mortgages are secured by the respective properties, assignment of rents, business assets, deeds to secure debt, deeds of trust and/or cash deposits with lender.
Certain mortgage note agreements include covenants that, in part, impose maintenance of certain debt service coverage and debt to worth ratios. As of December 31, 2013 and 2012, we were in compliance with all covenants.
We are required to make the following principal payments on our outstanding mortgage notes payable for each of the five succeeding fiscal years and thereafter as follows:
Years ending December 31,	Amount
	(in thousands)
2014	$	7,793
2015		22,694
2016		34,948
2017		35,277
2018		8,353
Thereafter		129,943
Total payments	$	239,008

FAIR_VALUE_MEASUREMENT

FAIR VALUE MEASUREMENT	12 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENT	'
	NOTE 10—FAIR VALUE MEASUREMENT
	The following table presents the carrying value and estimated fair value of the Company’s financial instruments:
			December 31, 2013				December 31, 2012
			Carrying				Carrying
			Value		Fair Value		Value		Fair Value
			(in thousands)
	Financial liabilities:
	Mortgage notes payable		$	239,008	$	240,486	$	208,961	$	221,570
	Fair value of interest rate swaps		$	309	$	309	$	492	$	492
	The carrying values shown in the table are included in the consolidated balance sheets under the indicated captions.
	ASC 820-10 established a three-level valuation hierarchy for fair value measurement. Management uses these valuation techniques to establish the fair value of the assets at the measurement date. These valuation techniques are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect management’s assumptions. These two types of inputs create the following fair value hierarchy:
		•	Level 1 – Quoted prices for identical instruments in active markets;
		•	Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose significant inputs are observable;
		•	Level 3 – Instruments whose significant inputs are unobservable.
	The guidance requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.
	Recurring Fair Value Measurements
	The following table presents the Company’s financial instruments, which are measured at fair value on a recurring basis, by the level in the fair value hierarchy within which those measurements fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
			Level 1		Level 2		Level 3		Total
			(in thousands)
	December 31, 2013
	Fair value of interest rate swap		$	—	$	309	$	—	$	309
	December 31, 2012
	Fair value of interest rate swap		$	—	$	492	$	—	$	492
	Fair value of interest rate swap: The fair value of the interest rate swap is determined using a discounted cash flow analysis on the expected future cash flows of the derivative. This analysis utilizes observable market data including forward yield curves and implied volatilities to determine the market’s expectation of the future cash flows of the variable component. The fixed and variable components of the derivative are then discounted using calculated discount factors developed based on the LIBOR swap rate and are aggregated to arrive at a single valuation for the period. The Company also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements.
	Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of December 31, 2013 and 2012, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation. As a result, the Company has determined that its derivative valuations in their entirety are classified within Level 2 of the fair value hierarchy. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered any applicable credit enhancements. The Company’s derivative instruments are further described in Note 6.
	Nonrecurring Fair Value Measurements
	As discussed in Note 2, the Company recorded an impairment charge to write the carrying value down to estimated fair value for certain investment properties after determining that their carrying value exceeded the projected undiscounted cash flows based upon the estimated holding period for such assets. Estimated fair value is determined by the Company utilizing discounted cash flow models, third-party broker valuation estimates, appraisals, bona fide purchase offers or the expected sales price from an executed sales agreement. Capitalization and discount rates utilized within discounted cash flows models are based upon observable rates that the Company believes to be within a reasonable range of current market rates for the property.
	Investment properties measured at fair value on a nonrecurring basis at December 31, 2013 and 2012, respectively, aggregated by the level within the fair value hierarchy in which those measurements fall are as follows:
			Level 1		Level 2		Level 3		Total		Provision for
											Impairment of
											Investment
											Properties
			(in thousands)
	December 31, 2013
	Real estate investments (a)		$	—	$	—	$	1,615	$	—	$	226
	December 31, 2012
	Real estate investments (a)			—		—		2,942		—		262
	(a)	Includes an impairment charge recorded on certain investment properties during the years ended December 31, 2013 and 2012, both based upon a discounted cash flow model.
	Fair Value Disclosures
	The following table presents the Company’s financial assets and liabilities, which are disclosed at fair value, by the level in the fair value hierarchy within which they fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
			Level 1		Level 2		Level 3		Total
			(in thousands)
	December 31, 2013
	Mortgage notes payable		$	—	$	—	$	240,486	$	240,486
	December 31, 2012
	Mortgage notes payable		$	—	$	—	$	221,570	$	221,570
	Mortgage notes payable: The Company estimates the fair value of its mortgage notes payable by discounting the future cash flows of each instrument at rates currently offered to the Company for similar debt instruments of comparable maturities by the Company’s lenders. Judgment is used in determining the appropriate rate for each of the Company’s individual mortgages and notes payable based upon the specific terms of the agreement, including the term to maturity, the quality and nature of the underlying property and its leverage ratio. The rates used range from 4.50% to 4.65% and from 4.01% to 4.18% at December 31, 2013 and 2012, respectively. The fair value of the Company’s matured mortgage notes payable were determined to be equal to the carrying value of the properties because there is no market for similar debt instruments and the properties’ carrying value was determined to be the best estimate of fair value as of December 31, 2013. The Company’s mortgage notes payable are further described in Note 9.

NONCONTROLLING_INTEREST_OF_UNI

NONCONTROLLING INTEREST OF UNITHOLDERS IN OPERATING PARTNERSHIP	12 Months Ended
	Dec. 31, 2013
Noncontrolling Interest [Abstract]	'
NONCONTROLLING INTEREST OF UNITHOLDERS IN OPERATING PARTNERSHIP	'
	NOTE 11—NONCONTROLLING INTEREST OF UNITHOLDERS IN OPERATING PARTNERSHIP
	As of December 31, 2013 and 2012, limited partnership units totaled 13.5 million and 11.1 million, respectively. As of December 31, 2013 and 2012, the limited partnership declared distributions of $2.8 million and $2.3 million, respectively, to limited partners. Distributions per unit were $0.8400 and $0.8260 for 2013 and 2012, respectively.
	During 2013 and 2012, limited partners exchanged 26,000 and 105,000 limited partnership units for 26,000 and 105,000 INREIT common shares valued at $366,000 and $793,000, respectively, pursuant to exchange requests.
	Limited partners in the operating partnership have the right to require the operating partnership to redeem their limited partnership units for cash. Upon such a redemption request, we have the right to purchase the limited partnership units in lieu of the operating partnership either with cash or INREIT common shares, in our discretion, on the basis of one limited partnership unit for one INREIT common share. However, payment will be in cash if the issuance of INREIT common shares will cause the shareholder to exceed the ownership limitations, among other reasons. No limited partner will be permitted more than two redemptions during any calendar year, and no redemptions may be made for less than 1,000 limited partnership units or, if such limited partner owns less than 1,000 limited partnership units, all of the limited partnership units held by such limited partner.

REPURCHASE_PLANS

REPURCHASE PLANS	12 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
REPURCHASE PLANS	'
	NOTE 12—REPURCHASE PLANS
	On March 11, 2011, our Board of Trustees approved repurchase plans that enable our shareholders to sell their common shares and the partners of our operating partnership to sell their limited partnership units to us, after they have held the securities for at least one year and subject to other conditions and limitations described in the plans. Originally, the maximum amount of aggregate securities that could be repurchased under these plans was $5.0 million, and the repurchase price was fixed at $12.60 per share or unit under the plans.
	On September 7, 2012 and December 20, 2012, our Board of Trustees amended and restated our repurchase plans to increase the maximum amount that can be repurchased under the plans to $15.0 million worth of securities and increased the fixed repurchase price to $12.75 per share or unit under the plans.
	On March 28, 2013, our Board of Trustees amended our repurchase plans to increase the maximum amount that can be repurchased under the plan to $20.0 million worth of securities and increased the fixed repurchase price to $13.00 per share or unit under the plans effective May 16, 2013.
	On September 26, 2013, our Board of Trustees amended our repurchase plans to increase the maximum amount that can be repurchased under the plan to $25.0 million worth of securities and increased the fixed repurchase price to $14.00 per share or unit under the plans effective October 16, 2013.
	We may repurchase securities under the plans if we have sufficient funds to do so. Repurchases may be made quarterly, on a pro rata basis, based on receipt of written repurchase requests. The plans will terminate in the event the shares become listed on any national securities exchange, the subject of bona fide quotes on any inter-dealer quotation system or electronic communications network or are the subject of bona fide quotes in the pink sheets. Additionally, the Board, in its sole discretion, may terminate, amend or suspend the repurchase plans, either or both of them, if it determines to do so is in our best interest.
	During 2013 and 2012, the Company repurchased 184,000 and 358,000 common shares valued at $2.4 million and $3.9 million, respectively. In addition, during 2013 and 2012, the Company repurchased 142,000 and 105,000 units valued at $1.9 million and $1.3 million, respectively.

BENEFICIAL_INTEREST

BENEFICIAL INTEREST	12 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
BENEFICIAL INTEREST	'
	NOTE 13—BENEFICIAL INTEREST
	We are authorized to issue 100.0 million common shares of beneficial interest with $.01 par value and 50.0 million preferred shares with $0.01 par value, which collectively represent the beneficial interest of INREIT. As of December 31, 2013 and 2012, there were 5.5 million and 5.3 million common shares outstanding, respectively. We had no preferred shares outstanding as of either date.
	Dividends paid to holders of common shares were $0.8400 and $0.8260 per share for the years ending December 31, 2013 and 2012, respectively.

DIVIDEND_REINVESTMENT_PLAN

DIVIDEND REINVESTMENT PLAN	12 Months Ended
	Dec. 31, 2013
Text Block [Abstract]	'
DIVIDEND REINVESTMENT PLAN	'
	NOTE 14—DIVIDEND REINVESTMENT PLAN
	Our Board of Trustees approved a dividend reinvestment plan to provide existing holders of our common shares with a convenient method to purchase additional common shares without payment of brokerage commissions, fees or service charges, except brokerage commissions and taxes, if any, when common shares are sold for a participant’s account. On July 20, 2012, we registered with the Securities Exchange Commission 2.0 million common shares to be issued under the plan on Form S-3D, which automatically became effective on July 20, 2012.
	Under this plan, eligible shareholders may elect to have all or a portion (but not less than 25%) of the cash dividends they receive automatically reinvested in our common shares. If an eligible shareholder elects to reinvest cash dividends under the plan, the shareholder may also make additional automatic cash purchases of our common shares, not to exceed $5,000 per fiscal quarter or, with our prior approval, in excess of $5,000 per fiscal quarter. The purchase prices per common share under the plan equals 95% of the estimated value per common share for dividend reinvestments and equals 100% of the estimated value per common share for additional automatic cash purchases, as determined by our Board of Trustees. The estimated value per common share was $14.00 at December 31, 2013.
	Therefore, the purchase price per common share for dividend reinvestments was $13.30 and for additional automatic cash purchases was $14.00 at December 31, 2013. The Board, in its sole discretion, may amend, suspend or terminate the plan at any time, without the consent of shareholders, upon a ten day notice to participants.
	In the year ended December 31, 2013, 207,000 shares were issued pursuant to dividend reinvestments and 95,000 shares were issued pursuant to additional automatic cash purchases under the plan. In the year ended December 31, 2012, 49,000 shares were issued pursuant to dividend reinvestments and 7,000 shares were issued pursuant to additional automatic cash purchases under the plan.
	During the first seven months of 2012, where permissible, shareholders and limited partners were given the option to receive dividends in the form of stock and 126,000 shares were issued when this option was in place.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 15—RELATED PARTY TRANSACTIONS
	Property Management Fee
	During 2013 and 2012, we paid property management fees to GOLDMARK Property Management in an amount equal to 5% of rents of the properties managed. The management team of GOLDMARK Property Management includes Kenneth Regan and James Wieland. For the years ended December 31, 2013 and 2012, we paid management fees of $5.1 million and $4.2 million, respectively, to GOLDMARK Property Management.
	Board of Trustee Fees
	We paid Trustee fees of $51,000 and $64,000 during the years ended December 31, 2013 and 2012, respectively. There is no cash retainer paid to Trustees. Instead, we pay Trustees specific amounts for meetings attended. In 2013 and 2012, we paid committee members $400 per meeting and board members $1,000 per meeting.
	Advisory Agreement
	We are an externally advised trust and as such, although we have a Board of Trustees and executive officers responsible for our management, we have no paid employees. The following is a brief description of the current fees and compensation that may be received by the Advisor under the Advisory Agreement, which must be renewed on an annual basis and approved by a majority of the independent trustees. The Advisory Agreement was approved by the Board of Trustees (including all the independent Trustees) on March 28, 2013, effective January 1, 2013.
	Management Fee: 0.35% of our total assets, annually. Total assets are our gross assets as reflected on our consolidated financial statements, taken as of the end of the fiscal quarter last preceding the date of computation. The management fee will be payable monthly in cash or our common shares, at the option of the Advisor, not to exceed one-twelfth of 0.35% of the total assets as of the last day of the immediately preceding month. The management fee calculation is subject to quarterly and annual reconciliations. The management fee may be deferred at the option of the Advisor, without interest.
	Acquisition Fee: For its services in investigating and negotiating acquisitions of investments for us, the Advisor receives an acquisition fee of 2.5% of the purchase price of each property acquired, capped at $375,000 per acquisition. The total of all acquisition fees and acquisition expenses cannot exceed 6% of the purchase price of the investment, unless approved by the majority of the trustees, including a majority of the independent trustees, if they determine the transaction to be commercially competitive, fair and reasonable to us.
	Disposition Fee: If the Advisor provides a substantial amount of services in the effort to sell any investment, the Advisor receives a disposition fee of 3% of the sales price of each investment. However, the disposition fee and other real estate commissions paid to unaffiliated parties cannot in the aggregate exceed the lesser of 6% of the sales price or a competitive real estate commission (which is reasonable, customary and competitive in light of the size, type and location of the property), unless approved by a majority of the trustees, including a majority of the independent trustees, if they determine the transaction to be commercially competitive, fair and reasonable to us.
	Financing Fee: 0.25% of all amounts made available to us pursuant to any loan, refinance (excluding rate and/or term modifications of an existing loan with the same lender), line of credit or other credit facility.
	Development Fee: Based on regressive sliding scale (starting at 5% and declining to 3%) of total project costs, excluding cost of land, for development services requested by us.
	Management Fees
	During 2013 and 2012, we incurred advisory management fees of $1.6 million and $1.3 million with INREIT Management, LLC, our Advisor, for advisory management fees. As of December 31, 2013 and 2012, we owed our Advisor $294,000 and $112,000, respectively, for unpaid advisory management fees. These fees cover the office facilities, equipment, supplies, and staff required to manage our day-to-day operations.
	Acquisition Fees
	During 2013 and 2012, we incurred acquisition fees of $1.7 million and $582,000, respectively, with our Advisor. These fees are for performing due diligence on properties acquired. There were no acquisition fees owed to our Advisor as of December 31, 2013 and 2012, respectively.
	Financing Fees
	During 2013 and 2012, we incurred financing fees of $203,000 and $51,000, respectively, with our Advisor for loan financing and refinancing activities. There were no financing fees owed to our Advisor as of December 31, 2013 and 2012, respectively.
	Disposition Fees
	During 2013 and 2012, we incurred disposition fees of $25,000 and $28,000, respectively, with our Advisor. See Note 19. There were no disposition fees owed to our Advisor as of December 31, 2013 and 2012, respectively.
	Development Fees
	We did not incur any development fees during 2013 and 2012.
	Commissions
	During the year ended December 31, 2013, there were no brokerage fees incurred that were owed to a broker-dealer benefitting Dale Lian, a shareholder of INREIT and a member of our Advisor. During the year ended December 31, 2012, we incurred $943,000 of brokerage fees. Brokerage fees were based on 8% of the purchase price of INREIT common shares sold. As of December 31, 2013 and 2012, there were no outstanding brokerage fees owed to Dale Lian or entities benefitting Dale Lian.
	During the year ended December 31, 2013 and 2012, we incurred brokerage fees of $83,000 and $144,000, respectively, to a broker-dealer benefitting Larry O’Callaghan, a member of the Board of Trustees until June 2013. Brokerage fees were based on 8% of the purchase price of INREIT common shares sold. As of December 31, 2013 and 2012, there were no outstanding brokerage fees owed to the broker-dealer.
	During the year ended December 31, 2013 and 2012, we incurred real estate commissions of $1.4 million and $83,000, respectively, owed to GOLDMARK SCHLOSSMAN Commercial Real Estate Services, Inc., which is controlled by Messrs. Regan and Wieland. There were no outstanding commissions owed as of December 31, 2013 and 2012.
	Rental Income
	During the years ended December 31, 2013 and 2012, we received rental income of $179,000 under an operating lease agreement with GOLDMARK Property Management.
	During the year ended December 31, 2013, we received rental income of $40,000 under an operating lease agreement with GOLDMARK SCHLOSSMAN Commercial Real Estate Services, Inc. There was no rental income received for the year ended December 31, 2012.
	During the year ended December 31, 2013 and 2012, we received rental income of $42,000 and $36,000, respectively, under operating lease agreements with our Advisor.
	Construction Costs
	During the year ended December 31, 2013, we incurred costs related to the construction of a 156 unit apartment complex in Bismarck, North Dakota of $2.0 million owed to GOLDMARK Development. We incurred no construction costs for the year ended December 31, 2012. As of December 31, 2013, we owed $102,000 for retainage and $365,000 for unpaid construction fees. There were no retainage or unpaid construction fees as of December 31, 2012.

RENTALS_UNDER_OPERATING_LEASES

RENTALS UNDER OPERATING LEASES / RENTAL INCOME	12 Months Ended
	Dec. 31, 2013
Leases [Abstract]	'
RENTALS UNDER OPERATING LEASES / RENTAL INCOME	'
	NOTE 16—RENTALS UNDER OPERATING LEASES / RENTAL INCOME
	Residential apartment units are rented to individual tenants with lease terms up to one year. Gross revenues from residential rentals totaled $43.1 million and $35.3 million for 2013 and 2012, respectively.
	Commercial properties are leased to tenants under terms expiring at various dates through 2036. Lease terms often include renewal options. For 2013 and 2012, gross revenues from commercial property rentals, including CAM (common area maintenance) income of $3.7 million and $3.4 million respectively, totaled $18.9 million and $16.7 million, respectively.
	Commercial space is rented under long-term agreements. Minimum future rentals on non-cancelable operating leases as of December 31, 2013 are as follows:
	Years ending December 31,	Amount
		(in thousands)
	2014	$	14,382
	2015		13,945
	2016		11,089
	2017		9,700
	2018		8,659
	Thereafter		73,433
		$	131,208

PROPERTY_MANAGEMENT_FEES

PROPERTY MANAGEMENT FEES	12 Months Ended
	Dec. 31, 2013
Text Block [Abstract]	'
PROPERTY MANAGEMENT FEES	'
	NOTE 17—PROPERTY MANAGEMENT FEES
	We have entered into various property management agreements with unrelated management companies. The agreements provide for the payment of property management fees based on a percentage of rental income (generally 5%). During 2013 and 2012, we incurred property management fees of $96,000 and $85,000, respectively, to unrelated management companies.
	During 2013 and 2012, we paid management fees of $5.1 million and $4.2 million, respectively, to GOLDMARK Property Management, a related party. The Company’s related party property management fees are further described in Note 15.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2013
Commitments And Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 18—COMMITMENTS AND CONTINGENCIES
	Environmental Matters
	Federal law (and the laws of some states in which we may acquire properties) imposes liability on a landowner for the presence on the premises of hazardous substances or wastes (as defined by present and future federal and state laws and regulations). This liability is without regard to fault or knowledge of the presence of such substances and may be imposed jointly and severally upon all succeeding landowners. If such hazardous substance is discovered on a property acquired by us, we could incur liability for the removal of the substances and the cleanup of the property. There can be no assurance that we would have effective remedies against prior owners of the property. In addition, we may be liable to tenants and may find it difficult or impossible to sell the property either prior to or following such a cleanup.
	Risk of Uninsured Property Losses
	We maintain property damage, fire loss, and liability insurance. However, there are certain types of losses (generally of a catastrophic nature) which may be either uninsurable or not economically insurable. Such excluded risks may include war, earthquakes, tornados, certain environmental hazards, and floods. Should such events occur, (i) we might suffer a loss of capital invested, (ii) tenants may suffer losses and may be unable to pay rent for the spaces, and (iii) we may suffer a loss of profits which might be anticipated from one or more properties.
	Investment in Unconsolidated Affiliates
	The operating partnership owns a 40.26% interest in a single asset limited liability company which owns a 144 unit multi-tenant apartment complex in Bismarck, North Dakota. The property is encumbered by a first mortgage with a balance at December 31, 2013 and December 31, 2012 of $2.4 million and $2.4 million, respectively. We owed $960,000 and $983,000 for our respective share of the mortgage loan balance as of December 31, 2013 and 2012, respectively. However, the Company is jointly and severally liable for the full mortgage balance.
	The operating partnership is a 50% owner as tenant in common of Grand Forks Marketplace Retail Center through 100% ownership in a limited liability company. Grand Forks Marketplace Retail Center has approximately 183,000 square feet of commercial space in Grand Forks, North Dakota. The property is encumbered by a non-recourse first mortgage with a balance at December 31, 2013 and 2012 of $11.4 million and $11.7 million, respectively. We owed $5.7 million and $5.8 million for our respective share of the mortgage loan balance as of December 31, 2013 and 2012, respectively. However, the Company is jointly and severally liable for the full mortgage balance.
	The operating partnership owns a 66.67% interest as a tenant in common in a commercial building with approximately 75,000 square feet of rental space in Fargo, North Dakota. The property is encumbered by a first mortgage with a balance at December 31, 2013 and 2012 of $7.3 million and $7.5 million, respectively. We owed $4.9 million and $5.0 million for our respective share of the mortgage loan balance on December 31, 2013 and 2012, respectively. However, the Company is jointly and severally liable for the full mortgage balance.
	The operating partnership purchased an 82.50% interest as a tenant in common in a 61 unit multi-tenant apartment complex in Fargo, North Dakota in July 2013. The property is unencumbered at December 31, 2013.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2013
Discontinued Operations And Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	NOTE 19—DISCONTINUED OPERATIONS
	We report in discontinued operations the results of operations for properties that have either been sold or are classified as held for sale. We also report any gains or losses from the sale of properties in discontinued operations.
	2013
	During the second quarter of 2013, the operating partnership sold land in Fargo, North Dakota for approximately $276,000 and recognized a gain of approximately $42,000.
	During the fourth quarter of 2013, the operating partnership sold a 193 unit senior living property in Bismarck, North Dakota for approximately $24.0 million and recognized a gain of approximately $2.6 million.
	2012
	During the first quarter of 2012, we sold a 4,500 square foot retail property in Norfolk, Nebraska for approximately $350,000 and recognized a loss of approximately $88,000.
	During the second quarter of 2012, we sold vacant land in Minot, North Dakota for approximately $583,000 and recognized a gain of approximately $114,000.
	The following table shows the effect on net income and the gains or losses from the sale of properties classified as discontinued operations for the years ended 2013 and 2012:
		Discontinued Operations
		Year Ended December 31,
		2013		2012
		(in thousands)
	Income from rental operations
	Real estate rental income	$	1,626	$	2,160
	Tenant reimbursements		205		267
			1,831		2,427
	Expenses
	Expenses from rental operations
	Interest		299		886
	Depreciation and amortization		542		724
	Real estate taxes		206		256
	Insurance		—		(1	)
			1,047		1,865
	Administration of REIT
	Acquisition and disposition expenses		25		90
	Legal and accounting		—		2
			25		92
	Total expenses		1,072		1,957
	Income from operations		759		470
	Other income
	Interest income		—		3
			—		3
	Income from discontinued operations before gain on sale		759		473
	Gain on sale of discontinued operations		2,591		26
	Gain from discontinued operations	$	3,350	$	499

BUSINESS_COMBINATIONS

BUSINESS COMBINATIONS	12 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
BUSINESS COMBINATIONS	'
	NOTE 20—BUSINESS COMBINATIONS
	We continue to implement our strategy of acquiring properties in desired markets. It is impractical for us to obtain historical financial information on acquired properties and accordingly, proforma statements have not been presented.
	We account for our property acquisitions by allocating the purchase price of a property to the property’s assets based on management’s estimates of fair value. Techniques used to estimate fair value include an appraisal of the property by a certified independent appraiser at the time of acquisition. Significant factors included in the independent appraisal include items such as current rent schedules, occupancy levels, and discount factors. Property valuations are completed primarily using the income capitalization approach, which anticipated benefits are converted to an indication of current value.
	The total value allocable to intangible assets acquired, which consists of unamortized lease origination costs, in-place leases and tenant relationships, are allocated based on management’s evaluation of the specific characteristics of each tenant’s lease, our overall relationship with that respective tenant, growth prospects for developing new business with the tenant, the remaining term of the lease and the tenant’s credit quality, among other factors.
	The value allocable to the above or below market component of an acquired in-place lease is determined based upon the present value (using a market discount rate) of the difference between (i) the contractual rents to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of rents that would be paid using fair market rates over the remaining term of the lease. The amounts allocated to above or below market leases are included in lease intangibles, net in the accompanying balance sheets and are amortized on a straight-line basis as an increase or reduction of rental income over the remaining non-cancelable term of the respective leases.
	We estimate the in-place lease value for each lease acquired. This fair value estimate is calculated using factors available in third party appraisals or cash flow estimates of the property prepared by our internal analysis. These estimates are based upon cash flow projections for the property, existing leases, and the current economic climate.
	Our analysis results in three discrete financial items: assets for above market leases, liabilities for below market leases, and assets for the in-place lease value. The calculation of each of these components is performed in tandem to provide a complete intangible asset value.
	Key factors considered in the calculation of fair value of both real property and intangible assets include the current market rent values, “dark” periods (building in vacant status), direct costs estimated with obtaining a new tenant, discount rates, escalation factors, standard lease terms, and tenant improvement costs.
	2013 Property Acquisitions
	In January 2013, the operating partnership purchased a 38,932 square foot implement dealership in Redwood Falls, Minnesota for approximately $4.7 million. The purchase was financed with a combination of a $1.8 million loan, the issuance of limited partnership units valued at approximately $2.6 million and cash.
	In February 2013, the operating partnership purchased a 42 unit apartment complex in Fargo, North Dakota for approximately $2.3 million. The purchase was financed with the issuance of limited partnership units valued at approximately $2.3 million. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who each received limited partnership units valued at approximately $499,000.
	In February 2013, the operating partnership purchased a 20 unit apartment complex in Fargo, North Dakota for approximately $740,000. The purchase was financed with the issuance of limited partnership units valued at approximately $740,000. The property was purchased from an entity affiliated with Mr. Regan, a related party, who received limited partnership units valued at approximately $129,000.
	In February 2013, the operating partnership purchased a 12 unit apartment complex in Fargo, North Dakota for approximately $714,000. The purchase was financed with the combination of a $263,000 loan and the issuance of limited partnership units valued at approximately $471,000. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who each received limited partnership units valued at approximately $100,000.
	In February 2013, the operating partnership purchased a 30 unit apartment complex in Fargo, North Dakota for approximately $957,000. The purchase was financed with the combination of a $238,000 loan and the issuance of limited partnership units valued at approximately $751,000. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who each received limited partnership units valued at approximately $229,000.
	In February 2013, the operating partnership purchased a 39 unit apartment complex in Fargo, North Dakota for approximately $1.0 million. The purchase was financed with the issuance of limited partnership units valued at approximately $985,000 and cash. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who received cash of $51,000 and limited partnership units valued at approximately $389,000, respectively.
	In February 2013, the operating partnership purchased a 15 unit apartment complex in Fargo, North Dakota for approximately $550,000. The purchase was financed with the issuance of limited partnership units valued at approximately $481,000 and cash. The property was purchased from an entity affiliated with Mr. Regan, a related party, who received cash of $69,000 and limited partnership units valued at approximately $110,000.
	In February 2013, the operating partnership purchased a 25 unit apartment complex in Fargo, North Dakota for approximately $950,000. The purchase was financed with the combination of a $210,000 loan and the issuance of limited partnership units valued at approximately $772,000. The property was purchased from an entity affiliated with Mr. Regan, a related party, who received cash of $43,000 and limited partnership units valued at approximately $236,000.
	In February 2013, the operating partnership purchased a 96 unit apartment complex in Grand Forks, North Dakota for approximately $4.4 million. The purchase was financed with the issuance of limited partnership units valued at approximately $4.4 million. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who each received limited partnership units valued at approximately $828,000.
	In May 2013, the operating partnership purchased a 132 unit apartment complex in Anoka, Minnesota for approximately $11.5 million. The purchase was financed with the issuance of limited partnership units valued at approximately $302,000 and cash.
	In June 2013, the operating partnership purchased an 18 unit apartment complex in Fargo, North Dakota for approximately $756,000. The purchase was financed with the issuance of limited partnership units valued at approximately $677,000 and cash. The property was purchased from an entity affiliated with Mr. Regan, a related party, who received limited partnership units valued at approximately $151,000.
	In June 2013, the operating partnership purchased a 12 unit apartment complex in Bismarck, North Dakota for approximately $636,000. The purchase was financed with the issuance of limited partnership units valued at approximately $636,000. The property was purchased from an entity affiliated with Mr. Regan, a related party, who received limited partnership units valued at approximately $159,000.
	In June 2013, the operating partnership purchased a 59 unit apartment complex in Fargo, North Dakota for approximately $3.1 million. The purchase was financed with the issuance of limited partnership units valued at approximately $2.4 million and cash. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who received limited partnership units valued at approximately $691,000 and $627,000, respectively.
	In September 2013, the operating partnership purchased a 151 unit apartment complex in St. Louis Park, Minnesota for approximately $8.8 million. The purchase was financed with a combination of a $2.3 million loan, the issuance of limited partnership units valued at approximately $5.4 million and cash. The property was purchased from entities affiliated with Messrs. Regan, Wieland, and Furness, related parties, who received limited partnership units valued at approximately $1.3 million, $973,000 and $943,000, respectively.
	In October 2013, the operating partnership purchased a 48 unit apartment complex in Fargo, North Dakota for approximately $2.9 million. The purchase was financed with the issuance of limited partnership units valued at approximately $2.0 million and cash. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who each received limited partnership units valued at approximately $491,000, respectively.
	In October 2013, the operating partnership purchased a 444 unit apartment complex in Little Canada, Minnesota for approximately $27.1 million. The purchase was financed with a combination of a $20.0 million loan, the issuance of limited partnership units valued at approximately $5.6 million and cash. The property was purchased from entities affiliated with Messrs. Regan, Wieland, and Wolf, related parties, who received limited partnership units valued at approximately $995,000, $459,000, and $105,000, respectively.
	In October 2013, the operating partnership purchased a 32,532 square foot implement dealership in Sioux City, Iowa for approximately $4.6 million. The purchase was financed with a combination of a $1.8 million loan, the issuance of limited partnership units valued at approximately $2.6 million, and cash. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who received limited partnership units valued at approximately $182,000 and $57,000, respectively.
	In November 2013, the operating partnership purchased a 38 unit apartment complex in Bismarck, North Dakota for approximately $2.0 million. The purchase was financed with cash.
	In November 2013, the operating partnership purchased an 18 unit apartment complex in Fargo, North Dakota for approximately $900,000. The purchase was financed with the issuance of limited partnership units valued at approximately $900,000 and cash. The property was purchased from entities affiliated with Messrs. Regan and Wieland, related parties, who each received limited partnership units valued at approximately $432,000, respectively.
	The following table summarizes the fair value of the assets acquired and liabilities assumed during 2013:
		Property and		In Place		Favorable		Unfavorable			Mortgages			Consideration
		Equipment		Leases		Lease Terms		Lease Terms			Assumed			Given
		(in thousands)
	Titan Machinery, Redwood Falls, MN	$	3,902	$	745	$	11	$	—		$	—		$	4,658
	44th Street, Fargo, ND		2,310		—		—		—			—			2,310
	Forest Avenue, Fargo, ND		740		—		—		—			—			740
	Kennedy, Fargo, ND		714		—		—		—			—			714
	Pacific Park I, Fargo, ND		957		—		—		—			—			957
	Pacific Park II, Fargo, ND		1,036		—		—		—			—			1,036
	Pacific Park South, Fargo, ND		550		—		—		—			—			550
	Spring, Fargo, ND		950		—		—		—			—			950
	Stanford Court, Grand Forks, ND		4,416		—		—		—			—			4,416
	Dellwood Estates, Anoka, MN		11,500		—		—		—			—			11,500
	Arbor Apartments, Bismarck, ND		636		—		—		—			—			636
	Granger Court I, Fargo, ND		3,127		—		—		—			—			3,127
	Schrock Apartments, Fargo, ND		756		—		—		—			—			756
	Courtyard Apartments, St. Louis Park, MN		8,758		—		—		—			—			8,758
	Sheridan Pointe Apartments, Fargo, ND		2,880		—		—		—			—			2,880
	Montreal Courts Apartments, Little Canada, MN		27,084		—		—		—			—			27,084
	Titan Machinery, Sioux City, IA		2,787		1,031		749		—			—			4,567
	Arbor Apartments II, Bismarck, ND		650		—		—		—			—			650
	Arbor Apartments III, Bismarck, ND		646		—		—		—			—			646
	Hannifin Apartments, Bismarck, ND		731		—		—		—			—			731
	Monticello Apartments, Fargo, ND		864		—		—		—			—			864
		$	75,994	$	1,776	$	760	$	—		$	—		$	78,530
	Total consideration given for acquisitions in 2013 was completed through issuing approximately 2.4 million limited partnership units of the operating partnership valued at $14.00 per unit for an aggregate consideration of approximately $34.0 million, new loans of $26.3 million and cash of $18.2 million. Units issued in exchange for property are determined through a value established annually by our Board of Trustees, and reflects the fair value at the time of issuance.
	2012 Purchases
	In January 2012, the operating partnership purchased a 2,811 square foot restaurant in Dickinson, North Dakota for approximately $1.3 million. The purchase was financed with the issuance of limited partnership units valued at approximately $1.3 million and cash.
	In March 2012, the operating partnership purchased a 17,760 square foot implement dealership in Dickinson, North Dakota for approximately $1.4 million. The purchase was financed through the issuance of limited partnership units valued at approximately $959,000, the $431,000 assumption of a mortgage and cash.
	In August 2012, the operating partnership purchased a 23,690 square foot implement dealership in Minot, North Dakota for $2.6 million with cash.
	In August 2012, the operating partnership purchased 2.5 acres of land adjacent to an implement dealership in Dickinson, North Dakota for $400,000 with cash.
	In August 2012, the operating partnership purchased approximately 12 acres of development land in Bismarck, North Dakota for $2.4 million with cash.
	In August 2012, the operating partnership purchased a 100,600 square foot commercial property in Fargo, North Dakota for $3.5 million. The purchase was financed with the issuance of limited partnership units valued at $965,000 and cash.
	In September 2012, the operating partnership purchased an 85 unit apartment complex in Fargo, North Dakota for $3.5 million. The purchase was financed through assumption of $2.4 million in mortgage debt and cash.
In September 2012, the operating partnership purchased a 116 unit apartment complex in Moorhead, Minnesota for $3.45 million. The purchase was financed with the issuance of limited partnership units valued at $796,000, the assumption of $2.2 million in mortgage debt and cash.
In October 2012, the operating partnership purchased a 29,800 square foot implement dealership in Fargo, North Dakota for $2.8 million. The purchase was financed through the issuance of limited partnership units valued at approximately $1.5 million, assumption of $1.3 million in mortgage debt and cash.
In November 2012, the operating partnership purchased a 66 unit apartment complex in Fargo, North Dakota for $2.0 million. The purchase was financed through assumption of $1.3 million in mortgage debt and cash.
The following table summarizes the fair value of the assets acquired and liabilities assumed during 2012:
	Property and		In Place		Favorable		Unfavorable			Mortgages			Consideration
	Equipment		Leases		Lease Terms		Lease Terms			Assumed			Given
	(in thousands)
Dairy Queen, Dickinson, ND	$	986	$	226	$	118	$	—		$	—		$	1,330
Titan Machinery, Dickinson, ND		1,450		199		—		(259	)		(431	)		959
Titan Machinery, Minot, ND		2,272		358		—		—			—			2,630
Land, Dickinson, ND		400		—		—		—			—			400
Land, Bismarck, ND		2,420		—		—		—			—			2,420
Guardian Building, Fargo, ND		3,125		531		—		(206	)		—			3,450
Prairiewood Meadows Apts., Fargo, ND		3,450		—		—		—			(2,439	)		1,011
Terrace on the Green Apts., Moorhead, MN		3,450		—		—		—			(2,199	)		1,251
Titan Machinery—Fargo, ND		2,728		418		—		(325	)		(1,251	)		1,570
Candlelight Apartments—Fargo, ND		1,950		—		—		—			(1,249	)		701
	$	22,231	$	1,732	$	118	$	(790	)	$	(7,569	)	$	15,722
Total consideration given for acquisitions in 2012 was completed through issuing approximately 396,000 limited partnership units of the operating partnership valued at $14.00 per unit for an aggregate consideration of approximately $5.5 million, assumed mortgages of $7.6 million and cash of $10.2 million. Units issued in exchange for property are determined through a value established annually by our Board of Trustees, and reflects the fair value at the time of issuance.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 21—SUBSEQUENT EVENTS
	On January 15, 2014, we paid a dividend or distribution of $0.2100 per share on our common shares of beneficial interest, to common shareholders and limited unit holders of record on December 31, 2013.
	In January 2014, the operating partnership purchased a 24 unit apartment complex in Grand Forks, North Dakota for approximately $1.3 million. The purchase was financed with the issuance of limited partnership units and cash. The purchase price allocation is not yet complete.
	In January 2014, the operating partnership purchased a 64 unit apartment complex in Fargo, North Dakota for approximately $3.5 million. The purchase was financed with the issuance of limited partnership units and cash. The interest was purchased from an entity affiliated with Mr. Wieland, a related party, who received limited partnership units valued at approximately $739,000. The purchase price allocation is not yet complete.
	In January 2014, the operating partnership purchased a 30 unit apartment complex in Hutchinson, Minnesota for approximately $1.1 million. The purchase was financed with the issuance of limited partnership units and cash. The property was purchased from entities affiliated with Messrs. Regan, Wieland and Furness, related parties, who received limited partnership units valued at approximately $216,000, $216,000 and $108,000, respectively. The purchase price allocation is not yet complete.
	In January 2014, the operating partnership purchased a 24 unit apartment complex in Crookston, Minnesota for approximately $1.1 million. The purchase was financed with the issuance of limited partnership units and cash. The property was purchased from entities affiliated with Messrs. Regan, Wieland and Furness, related parties, who received limited partnership units valued at approximately $221,000, $221,000 and $109,000, respectively. The purchase price allocation is not yet complete.
	We have evaluated subsequent events through the date of this filing. We are not aware of any other subsequent events which would require recognition or disclosure in the consolidated financial statements.

SCHEDULE_III_Real_Estate_and_A

SCHEDULE III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2013
Real Estate And Accumulated Depreciation Disclosure [Abstract]	'
SCHEDULE III - Real Estate and Accumulated Depreciation	'
	SCHEDULE III—Real Estate and Accumulated Depreciation
	December 31, 2013
	(in thousands)
																													Life on
																													which
													Costs						Gross Amount at which								Date of		depreciation
													capitalized																on
									Initial cost to				subsequent to						carried at close								Construction		latest income
	Industrial								company				acquisition(a)						of period						Accumulated		or		statement is
	Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
	Guardian Building Products		ND-Fargo		$	2,318			$	820	$	2,554	$	9		$	(94	)		829		2,460	$	3,289	$	88		8/29/12		40
	Titan Machinery		ND-Dickinson			996				354		1,096		400			—			754		1,096		1,850		50		12/31/08		40
	Titan Machinery		ND-Fargo			1,198				781		1,947		—			—			781		1,947		2,728		61		12/10/08		40
	Titan Machinery		ND-Marshall			2,304				300		3,648		81			—			381		3,648		4,029		205		11/1/11		40
	Titan Machinery		ND-Minot			1,750				618		1,654		—			—			618		1,654		2,272		59		8/1/12		40
	Titan Machinery		MN-Redwood Falls			1,754				333		3,568		—			—			333		3,568		3,901		82		1/31/13		40
	Titan Machinery		IA-Sioux City			1,736				315		2,472		—			—			315		2,472		2,787		15		10/25/13		40
	Total				$	12,056			$	3,521	$	16,939	$	490		$	(94	)	$	4,011	$	16,845	$	20,856	$	560
																													Life on
																													which
													Costs						Gross Amount at which								Date of		depreciation
													capitalized																on
									Initial cost to				subsequent to						carried at close								Construction		latest income
	Land								company				acquisition(a)						of period						Accumulated		or		statement is
	Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
	Banner		ND-Fargo		$	—			$	929	$	—	$	41		$	—		$	970	$	—	$	970	$	—		7/3/07
	Stonefield		ND-Bismarck			—				2,483		—		150			—			2,633		—		2,633		—		8/1/12
	Taco Bell		CO-Denver			—				669		—		—			—			669		—		669		—		6/14/11
	Total				$	—			$	4,081	$	—	$	191		$	—		$	4,272	$	—	$	4,272	$	—
																													Life on
																													which
													Costs						Gross Amount at which								Date of		depreciation
													capitalized																on
									Initial cost to				subsequent to						carried at close								Construction		latest income
	Medical								company				acquisition(a)						of period						Accumulated		or		statement is
	Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
	Bio-Life		ND-Bismarck & Grand		$	10,058			$	3,212	$	20,612	$	12		$	2,027		$	3,224	$	22,639	$	25,863	$	3,370		1/3/08		8.4 – 40
			Forks; MI-Marquette;
			MN-Mankato; WI-Eau
			Claire, Janesville,
			Onalaska, Oshkosh,
			Sheboygan, Stevens Point
	Total				$	10,058			$	3,212	$	20,612	$	12		$	2,027		$	3,224	$	22,639	$	25,863	$	3,370
																													Life on
																													which
													Costs																depreciation
																													on
									Initial cost to				capitalized						Gross Amount at								Date of		latest
													subsequent to						which carried at								Construction		income
	Residential								company				acquisition (a)						close of period						Accumulated		or		statement is
	Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
	44th Street		ND-Fargo		$	—			$	333	$	1,845	$	3		$	—		$	336	$	1,845	$	2,181	$	42		2/6/13		40
	Arbor I/400		ND-Bismarck			—				73		516		—			—			73		516		589		8		6/4/13		40
	Arbor II/404		ND-Bismarck			—				73		538		—			—			73		538		611		2		11/1/13		40
	Arbor III/406		ND-Bismarck			—				71		536		—			—			71		536		607		2		11/1/13		40
	Arneson		ND-Fargo			925				151		1,158		10			211			161		1,369		1,530		228		3/23/07		10 – 40
	Autumn Ridge		ND-Grand Forks			6,186				1,072		8,875		21			19			1,093		8,894		9,987		1,683		8/16/04		9 – 40
	Bayview		ND-Fargo			3,582				285		4,077		5			27			290		4,104		4,394		618		12/31/07		20 – 40
	Berkshire		ND-Fargo			311				31		406		4			6			35		412		447		60		3/31/08		20 – 40
	Brookfield		ND-Fargo			1,366				196		1,958		35			67			231		2,025		2,256		272		8/1/08		20 – 40
	Candlelight		ND-Fargo			—				613		1,221		(352	)		351			261		1,572		1,833		65		11/30/12		27.5 – 40
	Carling Manor		ND-Grand Forks			538				62		656		7			3			69		659		728		95		3/31/08		40
	Carlton Place		ND-Fargo			—				529		7,207		189			53			718		7,260		7,978		966		9/1/08		20 – 40
Chandler		ND-Grand Forks			—				26		270		5			28			31		298		329		61		1/3/05		20 – 40
Columbia West		ND-Grand Forks			—				283		3,406		13			118			296		3,524		3,820		464		9/1/08		20 – 40
Country Club		ND-Fargo			310				252		1,252		—			70			252		1,322		1,574		86		5/2/11		40
Countryside		ND-Fargo			310				135		677		—			9			135		686		821		45		5/2/11		40
Courtyard		MN-St. Louis Park			4,474				2,270		5,681		—			6			2,270		5,687		7,957		47		9/3/13		40
Danbury		ND-Fargo			3,037				252		6,008		138			76			390		6,084		6,474		913		12/31/07		20 – 40
Dellwood Estates		MN-Anoka			8,146				843		9,966		—			(362	)		843		9,604		10,447		160		5/31/13		40
Eagle Run		ND-West Fargo			4,713				562		5,798		51			—			613		5,798		6,411		495		8/12/10		40
Emerald Court		ND-Fargo			637				63		830		4			66			67		896		963		126		3/31/08		20 – 40
Fairview		ND-Bismarck			3,256				267		3,978		—			74			267		4,052		4,319		506		12/31/08		20 – 40
Flickertail		ND-Fargo			5,947				428		5,650		5			107			433		5,757		6,190		713		12/31/08		40
Forest Avenue		ND-Fargo			492				61		637		—			—			61		637		698		15		2/6/13		40
Galleria III		ND-Fargo			630				118		681		—			—			118		681		799		54		11/9/10		40
Glen Pond		MN-Eagan			16,096				3,761		20,833		—			94			3,761		20,927		24,688		1,088		12/2/11		20 – 40
Granger Court I		ND-Fargo			—				284		2,619		(4	)		—			280		2,619		2,899		38		6/4/13		40
Hannifin		ND-Bismarck			—				81		607		—			—			81		607		688		3		11/1/13		40
Hunter Apts (Betty Ann & Martha Alice)		ND-Fargo			1,203				148		1,507		1			59			149		1,566		1,715		171		8/31/09		20 – 40
Hunter’s Run II		ND-Fargo			—				44		441		2			—			46		441		487		61		7/1/08		40
Islander		ND-Fargo			—				98		884		—			—			98		884		982		55		7/1/11		40
Kennedy		ND-Fargo			536				84		588		1			3			85		591		676		10		2/6/13		40
Library Lane		ND-Bismarck			1,915				279		2,401		23			121			302		2,522		2,824		382		10/1/07		20 – 40
Maple Ridge		NE-Omaha			4,353				766		5,608		—			1,191			766		6,799		7,565		843		8/1/08		20 – 40
Maplewood Bend I, II, III. IV, V, VI, VII, VIII & Royale		ND-Fargo			5,580				781		5,852		2			178			783		6,030		6,813		497		1/1/09		20 – 40
Mayfair		ND-Grand Forks			822				73		1,043		8			20			81		1,063		1,144		145		7/1/08		20 – 40
Monticello		ND-Fargo			—				60		752		—			—			60		752		812		3		11/8/13		40
Montreal Courts		MN-Little Canada			19,976				5,808		19,687		—			—			5,808		19,687		25,495		123		10/2/13		40
Oak Court		ND-Fargo			1,863				265		2,354		5			188			270		2,542		2,812		346		4/30/08		27.5 – 40
Pacific Park I		ND-Fargo			798				95		772		—			32			95		804		899		18		2/6/13		40
Pacific Park II		ND-Fargo			683				111		865		—			32			111		897		1,008		20		2/6/13		40
Pacific Park South		ND-Fargo			421				58		459		—			—			58		459		517		11		2/6/13		40
Parkwood		ND-Fargo			1,208				124		1,145		8			5			132		1,150		1,282		155		8/1/08		40
Pebble Creek		ND-Bismarck			4,700				234		3,372		26			32			260		3,404		3,664		497		3/19/08		20 – 40
Prairiewood Courts		ND-Fargo			1,539				306		1,853		10			5			316		1,858		2,174		324		9/1/06		20 – 40
Prairiewood Meadows		ND-Fargo			2,386				736		2,514		—			—			736		2,514		3,250		84		9/30/12		20
Richfield/Harrison		ND-Grand Forks			6,488				688		6,346		72			256			760		6,602		7,362		1,056		7/1/07		20 – 40
Rosegate		ND-Fargo			2,373				224		2,978		32			84			256		3,062		3,318		442		4/30/08		20 – 40
Saddlebrook		ND-Fargo			1,107				148		1,262		13			(15	)		161		1,247		1,408		157		12/31/08		40
Schrock		ND-Fargo			—				71		626		—			—			71		626		697		9		6/4/13		40
Sheridan Pointe		ND-Fargo			—				292		2,424		—			—			292		2,424		2,716		15		10/1/13		40
Sierra Ridge		ND-Bismarck			6,031				704		8,795		55			2			759		8,797		9,556		973		9/1/06		40
Somerset		ND-Fargo			3,318				233		3,431		73			—			306		3,431		3,737		472		7/1/08		40
Southgate		ND-Fargo			3,019				774		5,299		30			(112	)		804		5,187		5,991		842		7/1/07		40
Southview III		ND-Grand Forks			236				99		554		—			35			99		589		688		34		8/1/11		40
Southview Villages		ND-Fargo			2,094				254		2,519		13			122			267		2,641		2,908		403		10/1/07		20 – 40
Spring		ND-Fargo			651				76		822		—			—			76		822		898		19		2/6/13		40
Stanford Court		ND-Grand Forks			—				291		3,866		—			41			291		3,907		4,198		89		2/6/13		20 – 40
Stonybrook		NE-Omaha			5,575				1,439		8,003		—			559			1,439		8,562		10,001		965		1/20/09		20 – 40
Sunset Ridge		ND-Bismarck			9,146				1,561		11,015		233			11			1,794		11,026		12,820		1,265		6/6/08		9 – 40
Sunview		ND-Grand Forks			1,230				144		1,614		1			42			145		1,656		1,801		206		12/31/08		20 – 40
Sunwood		ND-Fargo			3,032				274		3,402		91			122			365		3,524		3,889		572		7/1/07		20 – 40
Terrace on the Green		MN-Moorhead			2,163				697		2,588		—			—			697		2,588		3,285		86		9/30/12		40
Twin Parks		ND-Fargo			2,359				125		2,072		11			56			136		2,128		2,264		275		10/1/08		20 – 40
Village		ND-Grand Forks			1,085				166		1,435		8			53			174		1,488		1,662		189		11/1/08		40
Village Park		ND-Fargo			884				225		1,958		16			7			241		1,965		2,206		276		4/30/08		40
Village West		ND-Fargo			—				349		2,274		32			12			381		2,286		2,667		323		4/30/08		40
Westside		MN-Hawley			—				59		360		—			—			59		360		419		35		2/1/10		40
Westwind		ND-Fargo			354				43		508		6			22			49		530		579		73		4/30/08		20 – 40
Westwood		ND-Fargo			5,041				528		6,455		82			118			610		6,573		7,183		917		6/5/08		20 – 40
Willow Park		ND-Fargo			4,434				288		5,298		7			152			295		5,450		5,745		666		12/31/08		40
Total				$	169,559			$	32,997	$	235,887	$	995		$	4,456		$	33,992	$	240,343	$	274,335	$	22,959
																												Life on
																												which
												Costs																depreciation
																												on
								Initial cost to				capitalized						Gross Amount at								Date of		latest
												subsequent to						which carried at								Construction		income
Office								company				acquisition (a)						close of period						Accumulated		or		statement is
Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
Aetna		ND-Bismarck		$	6,945			$	1,265	$	7,372	$	25		$	358		$	1,290	$	7,730	$	9,020	$	1,287		12/6/06		20 – 40
First International Bank & Trust		MN-Moorhead			—				212		712		1			88			213		800		1,013		55		5/13/11		10 – 40
32nd Avenue		ND-Fargo			2,272				616		3,300		20			43			636		3,343		3,979		813		3/16/04		3 – 40
Four Points		ND-Fargo			—				67		1,238		4			11			71		1,249		1,320		192		10/18/07		40
Echelon		ND-Fargo			1,161				286		1,491		(6	)		1			280		1,492		1,772		248		5/15/07		40
Gate City		ND-Grand Forks			1,050				375		917		8			35			383		952		1,335		133		3/31/08		40
Goldmark Office Park		ND-Fargo			4,664				1,104		14,797		56			687			1,160		15,484		16,644		2,477		7/1/07		4.75 – 40
Great American Bldg		ND-Fargo			1,072				502		1,626		9			27			511		1,653		2,164		309		2/1/05		27.5 – 40
Midtown Plaza		ND-Minot			—				30		1,207		—			6			30		1,213		1,243		263		1/1/04		40
Braun Research		NE-Norfolk			—				112		483		—			—			112		483		595		28		9/7/11		40
Regis		MN-Edina			9,527				2,991		7,633		—			—			2,991		7,633		10,624		963		1/1/09		40
SSA		MN-St Cloud			—				100		2,793		—			7			100		2,800		2,900		473		3/20/07		20 – 40
Wells Fargo Center		MN-Duluth			—				600		7,270		—			1,493			600		8,763		9,363		1,251		7/11/07		4 – 40
Total				$	26,691			$	8,260	$	50,839	$	117		$	2,756		$	8,377	$	53,595	$	61,972	$	8,492
																												Life on
																												which
												Costs																depreciation
																												on
								Initial cost to				capitalized						Gross Amount at								Date of		latest
												subsequent to						which carried								Construction		income
Retail								company				acquisition (a)						at close of period						Accumulated		or		statement is
Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
Applebee’s		MN-Apple Valley		$	—			$	560	$	1,235	$	—		$	—		$	560	$	1,235	$	1,795	$	93		1/27/11		40
Applebee’s		MN-Bloomington			—				1,000		474		11			—			1,011		474		1,485		41		3/22/10		40
Applebee’s		MN-Coon Rapids			—				750		875		—			—			750		875		1,625		84		3/9/10		40
Applebee’s		MN-Savage			—				690		424		—			—			690		424		1,114		45		1/1/10		40
Becker Furniture		MN-Waite Park			—				150		2,065		—			(226	)		150		1,839		1,989		387		7/12/06		40
Buffalo Wild Wings		TX-Austin			—				575		1,663		—			1			575		1,664		2,239		146		7/30/10		40
Dairy Queen		ND-Dickinson			709				329		658		—			—			329		658		987		33		1/19/12		40
Dairy Queen		MN-Moorhead			—				243		787		1			—			244		787		1,031		52		5/13/11		20
Family Dollar		ND-Mandan			—				117		649		—			—			117		649		766		50		12/14/10		40
O’Reilly		ND-Mandan			—				165		449		—			—			165		449		614		35		12/14/10		40
Walgreen’s		AR-Batesville			6,460				473		6,406		—			—			473		6,406		6,879		721		7/9/09		40
Walgreen’s		AR-Fayetteville			4,962				636		4,733		—			—			636		4,733		5,369		532		7/9/09		40
Walgreen’s		CO-Denver			4,339				2,349		2,358		—			—			2,349		2,358		4,707		152		6/14/11		40
Walgreen’s		LA-Alexandria			2,097				1,090		2,972		—			1			1,090		2,973		4,063		298		12/18/09		27.5 – 40
Walgreen’s		MS-Laurel			2,077				1,280		2,975		—			9			1,280		2,984		4,264		261		7/30/10		40
Westpointe Center		ND-Fargo			—				695		2,372		141			(59	)		836		2,313		3,149		572		6/30/06		5 – 40
Total				$	20,644			$	11,102	$	31,095	$	153		$	(274	)	$	11,255	$	30,821	$	42,076	$	3,502
Grand Totals				$	239,008			$	63,173	$	355,372	$	1,958		$	8,871		$	65,131	$	364,243	$	429,374	$	38,883
Investments in Unconsolidated Affiliates:
																												Life on
																												which
												Costs																depreciation
																												on
								Initial cost to				capitalized						Gross Amount at								Date of		latest
												subsequent to						which carried								Construction		income
								company				acquisition (a)						at close of period						Accumulated		or		statement is
Property		Physical Location		Encumbrances				Land		Buildings		Land			Buildings			Land		Buildings		Total		Depreciation		Acquisition		computed
Banner		ND-Fargo		$	7,349			$	750	$	8,016	$	22		$	70		$	772	$	8,086	$	8,858	$	1,344		3/15/07		40
GF Marketplace		ND-Grand Forks			11,432				4,259		15,801		135			9			4,394		15,810		20,204		3,764		7/1/03		8.25 – 40
Highland Meadows		ND-Bismarck			2,384				624		2,591		224			109			848		2,700		3,548		811		7/31/11
Ashbury		ND-Bismarck			—				308		2,517		—			—			308		2,517		2,825		31		7/1/13		40
Notes:
(a)	The costs capitalized subsequent to acquisition is net of dispositions.
(b)	The changes in total real estate investments for the years ended December 31, 2013 and 2012 are as follows (in thousands):
		2013				2012
Balance at January 1,		$	394,746			$	387,382
Purchase of real estate investments			80,294				24,432
Sale of investment property			(24,564	)			(958	)
Provision for asset impairment			(226	)			(262	)
Reclassification of equity method investments			—				(15,848	)
Balance at December 31,		$	450,250			$	394,746
(c)	The changes in accumulated depreciation for the years ended December 31, 2013 and 2012 are as follows (in thousands):
		2013				2012
Balance at January 1,		$	38,780			$	31,281
Depreciation expense			10,887				9,650
Sale of investment property			(2,609	)			(52	)
Reclassification of equity method investments			—				(2,099	)
Balance at December 31,		$	47,058			$	38,780
(d)	The aggregate cost of our real estate for federal income tax purposes is $397.0 million.

PRINCIPAL_ACTIVITY_AND_SIGNIFI1

PRINCIPAL ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

'

Basis of presentation

'

Basis of presentation

The accompanying consolidated financial statements include the accounts of INREIT and all subsidiaries for which we maintain a controlling interest.

The accompanying consolidated financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”) and require management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of income and expenses during the reporting periods. Actual results could differ from those estimates.

Principles of Consolidation

'

Principles of Consolidation

The consolidated financial statements include the accounts of INREIT, INREIT Properties, LLLP, 38 single asset limited liability companies and a single asset LLP in which the operating partnership owns an 81.25% interest. All significant intercompany transactions and balances have been eliminated in consolidation.

Additionally, we evaluate the need to consolidate affiliates based on standards set forth in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810, Consolidation (“ASC 810”). In determining whether we have a requirement to consolidate the accounts of an entity, management considers factors such as our ownership interest, our authority to make decisions and contractual and substantive participating rights of the limited partners and shareholders, as well as whether the entity is a variable interest entity (“VIE”) for which we have both a) the power to direct the activities of the VIE that most significantly impact the entity’s economic performance and b) the obligation to absorb losses or the right to receive benefits from the VIE that could be potentially significant to the VIE.

Principal Business Activity

'

Principal Business Activity

INREIT currently owns directly and indirectly 122 properties. The trust’s residential properties are located in North Dakota, Minnesota, and Nebraska and are principally multi-family apartment buildings. The trust owns 48 commercial properties primarily located in North Dakota with others located in Arkansas, Colorado, Iowa, Louisiana, Michigan, Minnesota, Mississippi, Nebraska, Texas and Wisconsin. The commercial properties include retail, office, industrial, restaurant and medical properties. Presently, the trust’s mix of properties is 63.1% residential and 36.9% commercial (based on cost) and total $403.2 million in real estate investments at December 31, 2013.

Residential Property

Location

No. of Properties

Units

North Dakota

66

4,360

Minnesota

6

1,271

Nebraska

2

316

74

5,947

Commercial Property

Location

No. of Properties

Sq Ft

North Dakota

20

808,389

Arkansas

2

29,370

Colorado

1

13,390

Iowa

1

32,532

Louisiana

1

14,560

Michigan

1

11,737

Minnesota

13

382,666

Mississippi

1

14,820

Nebraska

1

14,736

Texas

1

7,296

Wisconsin

6

74,916

48

1,404,412

Investment in Unconsolidated Affiliates

'

Investment in Unconsolidated Affiliates

We account for unconsolidated affiliates using the equity method of accounting per guidance established under ASC 323, Investments – Equity Method and Joint Ventures (“ASC 323”). The equity method of accounting requires the investment to be initially recorded at cost and subsequently adjusted for our share of equity in the affiliates’ earnings and distributions. We evaluate the carrying amount of the investments for impairment in accordance with ASC 323. Unconsolidated affiliates are reviewed for potential impairment if the carrying amount of the investment exceeds its fair value. An impairment charge is recorded when an impairment is deemed to be other-than-temporary. To determine whether impairment is other-than-temporary, we consider whether we have the ability and intent to hold the investment until the carrying amount is fully recovered. The evaluation of an investment in an affiliate for potential impairment can require our management to exercise significant judgments. No impairment losses were recorded related to the unconsolidated affiliates for the years ended December 31, 2013 and 2012.

Investment in unconsolidated affiliates as of December 31, 2013 consists of the operating partnership’s 40.26% interest in a single asset limited liability company which owns a 144 unit residential, multi-tenant apartment complex in Bismarck, North Dakota; the operating partnership’s 100.00% interest in a single asset limited liability company which holds a 50.00% interest as tenants in common in a 183,000 square foot commercial space in Grand Forks, North Dakota; the operating partnership’s 66.67% interest as tenant in common in an office building with approximately 75,000 square feet of commercial space in Fargo, North Dakota, and the operating partnership’s 82.50% interest as tenant in common in a 61 unit residential, multi-tenant apartment complex in Fargo, North Dakota, which was purchased in July 2013 for approximately $3.0 million. The purchase was financed with the issuance of limited partnership units valued at approximately $2.2 million and cash. The interest was purchased from an entity affiliated with Mr. Regan, a related party, who received limited partnership units valued at approximately $533,000.

These investments are not consolidated as the entities do not qualify as variable interest entities and do not meet the control requirements for consolidation, as defined in ASC 810. The operating partnership and the respective affiliate partners must approve significant decisions about the applicable entities activities. As of December 31, 2013 and 2012, the unconsolidated affiliates held total assets of $31.3 million and $29.0 million and mortgage notes payable of $21.2 million and $21.6 million, respectively.

Concentration of Credit Risk

'

Concentration of Credit Risk

Our cash balances are maintained in various bank deposit accounts. The bank deposit amounts in these accounts may exceed federally insured limits at various times throughout the year.

Use of Estimates

'

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Real Estate Investments

'

Real Estate Investments

We account for our property acquisitions by allocating the purchase price of a property to the property’s assets based on management’s estimates of fair value. Techniques used to estimate fair value include appraisals of the properties by a certified independent appraiser at the time of acquisition.

Furniture and fixtures purchased are stated at cost less accumulated depreciation. All costs associated with the development and construction of real estate investments, including acquisition fees and interest, are capitalized as a cost of the property. Expenditures for renewals and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Expenditures for routine maintenance and repairs, which do not add to the value or extend useful lives, are charged to expense as incurred.

Depreciation is provided for over the estimated useful lives of the individual assets using the straight-line method over the following estimated useful lives:

Buildings and improvements

40 years

Furniture and fixtures

9 years

Depreciation expense for the years ended December 31, 2013 and 2012, totaled $10.9 million and $9.7 million, respectively.

The Company’s investment properties are reviewed for potential impairment at the end of each reporting period or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. At the end of each reporting period, the Company separately determines whether impairment indicators exist for each property.

Examples of situations considered to be impairment indicators include, but are not limited to:

•

a substantial decline or continued low occupancy rate;

•

continued difficulty in leasing space;

•

significant financial troubled tenants;

•

a change in plan to sell a property prior to the end of its useful life or holding period;

•

a significant decrease in market price not in line with general market trends; and

•

any other quantitative or qualitative events or factors deemed significant by the Company’s management or board of trustees.

If the presence of one or more impairment indicators as described above is identified at the end of the reporting period or throughout the year with respect to an investment property, the asset is tested for recoverability by comparing its carrying value to the estimated future undiscounted cash flows. An investment property is considered to be impaired when the estimated future undiscounted cash flows are less than its current carrying value. When performing a test for recoverability or estimating the fair value of an impaired investment property, the Company makes complex or subjective assumptions which include, but are not limited to:

•

projected operating cash flows considering factors such as vacancy rates, rental rates, lease terms, tenant financial strength, demographics, holding period and property location;

•

projected capital expenditures and lease origination costs;

•

projected cash flows from the eventual disposition of an operating property using a property specific capitalization rate;

•

comparable selling prices; and

•

property specific discount rates for fair value estimates as necessary.

To the extent impairment has occurred, the Company will record an impairment charge calculated as the excess of the carrying value of the asset over its fair value for impairment of investment properties. Based on evaluation, management recorded loss on impairment of property of $226,000 and $262,000 for the years ending December 31, 2013 and 2012, respectively.

Properties Held for Sale

'

Properties Held for Sale

We account for our properties held for sale in accordance with ASC 360, Property, Plant and Equipment (“ASC 360”), which addresses financial accounting and reporting in a period in which a component of an entity either has been disposed of or is classified as held for sale, and requires that the statements of operations for current and prior periods shall report the results of operations of the component as discontinued operations.

In accordance with ASC 360, at such time as a property is held for sale, such property is carried at the lower of (1) its carrying amount or (2) fair value less costs to sell. In addition, a property being held for sale ceases to be depreciated. We classify operating properties as properties held for sale in the period in which all of the following criteria are met:

•

management, having the authority to approve the action, commits to a plan to sell the asset;

•

the asset is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets;

•

an active program to locate a buyer and other actions required to complete the plan to sell the asset has been initiated;

•

the sale of the asset is probable and the transfer of the asset is expected to qualify for recognition as a completed sale within one year;

•

the asset is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and

•

given the actions required to complete the plan to sell the asset, it is unlikely that significant changes to the plan would be made or that the plan would be withdrawn.

There were no properties classified as held for sale at December 31, 2013 or 2012. See Note 19.

Cash and Cash Equivalents

'

Cash and Cash Equivalents

We classify highly liquid investments with a maturity of three months or less when purchased as cash and cash equivalents.

Receivables

'

Receivables

Receivables consist primarily of amounts due for rent and real estate taxes. The receivables are non-interest bearing. The carrying amount of receivables is reduced by an amount that reflects management’s best estimates of the amounts that will not be collected. As of December 31, 2013 and 2012, management determined that no allowance was necessary for uncollectible receivables.

Financing and Lease Costs

'

Financing and Lease Costs

Financing costs incurred in connection with financing have been capitalized and are being amortized over the life of the financing using the effective interest method. Lease costs incurred in connection with new leases have been capitalized and are being amortized over the life of the lease using the straight-line method.

Rental Incentives

'

Rental Incentives

Rental incentives consist of up-front cash payments to lessees to sign the lease. Rental incentives are amortized against rental income over the term of the lease.

Intangible Assets

'

Intangible Assets

Lease intangibles are a purchase price allocation recorded on property acquisition. The lease intangibles represent the estimated value of in-place leases and the value of leases with above or below market lease terms. Lease intangibles are amortized over the term of the related lease.

The carrying amount of intangible assets is regularly reviewed for indicators of impairments in value. Impairment is recognized only if the carrying amount of the intangible asset is considered to be unrecoverable from its undiscounted cash flows and is measured as the difference between the carrying amount and the estimated fair value of the asset. Based on the review, management determined that no impairment charges were necessary at December 31, 2013 or 2012.

Non-controlling Interest

'

Non-controlling Interest

Interests in the operating partnership held by limited partners are represented by operating partnership units. The operating partnerships’ income is allocated to holders of units based upon the ratio of their holdings to the total units outstanding during the period. Capital contributions, distributions, syndication costs, and profits and losses are allocated to non-controlling interests in accordance with the terms of the operating partnership agreement.

Syndication Costs

'

Syndication Costs

Syndication costs consist of costs paid to attorneys, accountants, and selling agents, related to the raising of capital. These fees are paid based on management’s discretion. Syndication costs are recorded as a reduction to equity and non-controlling interest.

Federal Income Taxes

'

Federal Income Taxes

We have elected to be taxed as a REIT under the Internal Revenue Code, as amended. A REIT calculates taxable income similar to other domestic corporations, with the major difference being that a REIT is entitled to a deduction for dividends paid. A REIT is generally required to distribute each year at least 90% of its taxable income. If it chooses to retain the remaining 10% of taxable income, it may do so, but it will be subject to a corporate tax on such income. REIT shareholders are taxed on REIT distributions of ordinary income in the same manner as they are taxed on other corporate distributions.

Tax Year Ended December 31,

Dividend

%

Dividend

%

2013

2013

2012

2012

Tax status

Ordinary income

$

0.67

79.76

%

$

0.68

82.39

%

Capital Gain

0.17

20.24

%

0.01

1.64

%

Return of capital

—

0

%

0.13

15.97

%

$

0.84

100

%

$

0.82

100

%

We intend to continue to qualify as a REIT and, as such, will not be taxed on the portion of the income that is distributed to the shareholders. In addition, we intend to distribute all of our taxable income; therefore, no provisions or liabilities for income taxes have been recorded in the financial statements.

INREIT conducts its business activity as an Umbrella Partnership Real Estate Investment Trust (“UPREIT”) through its Operating Partnership. The Operating Partnership is organized as a limited liability limited partnership. Income or loss is allocated to the partners in accordance with the provisions of the Internal Revenue Code 704(b) and 704(c). UPREIT status allows non-recognition of gain by an owner of appreciated real estate if that owner contributes the real estate to a partnership in exchange for partnership interest. The conversion of partnership interest to shares of beneficial interest in the REIT will be a taxable event to the limited partner.

We follow ASC Topic 740, Income Taxes, to recognize, measure, present and disclose in our consolidated financial statements uncertain tax positions that we have taken or expect to take on a tax return. As of December 31, 2013 and 2012 we did not have any liabilities for uncertain tax positions that we believe should be recognized in our consolidated financial statements. We are no longer subject to Federal and State tax examinations by tax authorities for years before 2010.

The operating partnership has elected to record related interest and penalties, if any, as income tax expense on the consolidated statements of operations and other comprehensive income.

Recent Accounting Pronouncements

'

Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU 2013-02”). This newly issued accounting standard requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for fiscal years and interim periods within those years beginning after December 15, 2012 and was effective for the Company on January 1, 2013. The adoption of this standard did not have a material impact on the Company’s financial position, results of operations or cash flows.

Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s financial statements upon adoption.

Revenue Recognition

'

Revenue Recognition

We recognize revenue in accordance with ASC Topic 605, Revenue Recognition, (“ASC Topic 605”). ASC Topic 605 requires that all four of the following basic criteria be met before revenue is realized or realizable and earned: (1) there is persuasive evidence that an arrangement exists; (2) delivery has occurred or services have been rendered; (3) the seller’s price to the buyer is fixed and determinable; and (4) collectability is reasonably assured.

We derive over 95% of our revenues from tenant rents and other tenant-related activities. We lease multifamily residential apartments under operating leases and substantially all of our apartment leases are for a term of one year or less. Rental income and other property revenues are recorded when due from tenants and is recognized monthly as it is earned pursuant to the terms of the underlying leases. Other property revenues consist primarily of laundry, application and other fees charged to tenants.

We lease commercial space primarily under long-term lease agreements. Commercial tenant rents include base rents, expense reimbursements (such as common area maintenance, real estate taxes and utilities), and straight-line rents. We record base rents on a straight-line basis. The monthly base rent income according to the terms of our leases is adjusted so that an average monthly rent is recorded for each tenant over the term of its lease. The straight-line rent adjustment increased revenue by $429,000 and $313,000 for the years ended December 31, 2013 and 2012, respectively. The straight-line receivable balance included in receivables on the consolidated balance sheets as of December 31, 2013 and 2012 was $2.4 million and $1.9 million, respectively. We receive payments for expense reimbursements from substantially all our multi-tenant commercial tenants throughout the year based on estimates. Differences between estimated recoveries and the final billed amounts, which generally are immaterial, are recognized in the subsequent year.

Earnings per Common Share

'

Earnings per Common Share

Basic earnings per common share is computed by dividing net income available to common shareholders (the “numerator”) by the weighted average number of common shares outstanding (the “denominator”) during the period. INREIT had no dilutive potential common shares as of December 31, 2013 or 2012, and therefore, basic earnings per common share was equal to diluted earnings per common share for both periods.

For the years ended December 31, 2013 and 2012, INREIT’s denominators for the basic and diluted earnings per common share were approximately 5.4 million and 4.7 million, respectively.

Reclassifications

'

Reclassifications

Certain amounts previously reported in our annual report ended December 31, 2012 have been reclassified to conform to discontinued operations presentations in 2013. In addition, reclassifications to expand certain captions have been made to the 2012 consolidated statement of shareholders’ equity to conform to the 2013 presentation.

Hedging Activities

'

As part of our interest rate risk management strategy, we use derivative instruments to minimize significant unanticipated earnings fluctuations that may arise from rising variable interest rate costs associated with existing borrowings. To meet these objectives, we have entered into interest rate swaps for the notional amount of $1.3 million and $2.4 million to provide a fixed rate of 7.25% and 2.57%, respectively. The swaps mature in April 2020 and December 2017, respectively. The swaps were issued at approximate market terms and thus no fair value adjustment was recorded at inception.

The carrying amount of the swaps have been adjusted to their fair values at the end of the quarter, which because of changes in forecasted levels of LIBOR resulted in reporting a liability for the fair value of the future net payments forecasted under the swaps. The interest rate swaps are accounted for as effective hedges in accordance with ASC 815-20 whereby they are recorded at fair value and changes in fair value are recorded to comprehensive income. As of December 31, 2013 and 2012, we have recorded a liability and other comprehensive loss of $309,000 and $492,000, respectively.

Fair Value Measurement

'

The carrying values shown in the table are included in the consolidated balance sheets under the indicated captions.

ASC 820-10 established a three-level valuation hierarchy for fair value measurement. Management uses these valuation techniques to establish the fair value of the assets at the measurement date. These valuation techniques are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect management’s assumptions. These two types of inputs create the following fair value hierarchy:

•

Level 1 – Quoted prices for identical instruments in active markets;

•

Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose significant inputs are observable;

•

Level 3 – Instruments whose significant inputs are unobservable.

The guidance requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.

PRINCIPAL_ACTIVITY_AND_SIGNIFI2

PRINCIPAL ACTIVITY AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Schedule of Types of Real Estate Properties by Location	'
	INREIT currently owns directly and indirectly 122 properties. The trust’s residential properties are located in North Dakota, Minnesota, and Nebraska and are principally multi-family apartment buildings. The trust owns 48 commercial properties primarily located in North Dakota with others located in Arkansas, Colorado, Iowa, Louisiana, Michigan, Minnesota, Mississippi, Nebraska, Texas and Wisconsin. The commercial properties include retail, office, industrial, restaurant and medical properties. Presently, the trust’s mix of properties is 63.1% residential and 36.9 commercial (based on cost) and total $403.2 million in real estate investments at December 31, 2013.
	Residential Property	Location		No. of Properties				Units
		North Dakota			66				4,360
		Minnesota			6				1,271
		Nebraska			2				316
					74				5,947
	Commercial Property	Location		No. of Properties				Sq Ft
		North Dakota			20				808,389
		Arkansas			2				29,370
		Colorado			1				13,390
		Iowa			1				32,532
		Louisiana			1				14,560
		Michigan			1				11,737
		Minnesota			13				382,666
		Mississippi			1				14,820
		Nebraska			1				14,736
		Texas			1				7,296
		Wisconsin			6				74,916
					48				1,404,412
Summary of Estimated Useful Life	'
	Depreciation is provided for over the estimated useful lives of the individual assets using the straight-line method over the following estimated useful lives:
		Buildings and improvements		40 years
		Furniture and fixtures		9 years
Schedule of Tax Status	'
	REIT shareholders are taxed on REIT distributions of ordinary income in the same manner as they are taxed on other corporate distributions.
		Tax Year Ended December 31,
		Dividend				%				Dividend		%
		2013				2013				2012		2012
	Tax status
	Ordinary income	$	0.67				79.76	%		$	0.68		82.39	%
	Capital Gain		0.17				20.24	%			0.01		1.64	%
	Return of capital		—				0	%			0.13		15.97	%
		$	0.84				100	%		$	0.82		100	%

SEGMENT_REPORTING_Tables

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Summary of Segment Revenues and Net Operating Income	'
	The revenues and net operating income for our reportable segments are summarized as follows for the years ended December 31, 2013 and 2012, along with reconciliations to the consolidated financial statements. Segment assets are also reconciled to total assets as reported in the consolidated financial statements.
	Year ended December 31, 2013	Residential			Commercial			Total
		(in thousands)
	Income from rental operations	$	43,060		$	18,883		$	61,943
	Expenses from rental operations		18,919			4,471			23,390
	Net operating income	$	24,141		$	14,412			38,553
	Interest								11,222
	Depreciation and amortization								12,219
	Administration of REIT								5,606
	Gain on involuntary conversion								(2	)
	Other (income)/expense								(888	)
	Loss on lease terminations								203
	Loss on impairment of property								226
	Income from continuing operations								9,967
	Discontinued operations								3,350
	Net income							$	13,317
	Year ended December 31, 2012	Residential			Commercial			Total
		(in thousands)
	Income from rental operations	$	35,310		$	16,711		$	52,021
	Expenses from rental operations		15,588			4,162			19,750
	Net operating income	$	19,722		$	12,549			32,271
	Interest								10,925
	Depreciation and amortization								10,516
	Administration of REIT								2,802
	Loss on impairment of property								262
	Other (income)/expense								(866	)
	Income from continuing operations								8,632
	Discontinued operations								499
	Net income							$	9,131
Summary of Segment Assets and Accumulated Depreciation	'
	Segment Assets and Accumulated Depreciation
	As of December 31, 2013	Residential			Commercial			Total
		(in thousands)
	Real estate investments	$	296,377		$	153,873		$	450,250
	Accumulated depreciation		(30,075	)		(16,983	)		(47,058	)
		$	266,302		$	136,890			403,192
	Cash and cash equivalents								13,849
	Restricted deposits and funded reserves								5,585
	Investment in unconsolidated affiliates								7,366
	Receivables and other assets								4,879
	Financing costs, less accumulated amortization								2,950
	Intangible assets, less accumulated amortization								10,479
	Total Assets							$	448,300
	As of December 31, 2012	Residential			Commercial			Total
		(in thousands)
	Real estate investments	$	245,494		$	149,252		$	394,746
	Accumulated depreciation		(25,138	)		(13,642	)		(38,780	)
		$	220,356		$	135,610			355,966
	Cash and cash equivalents								4,556
	Restricted deposits and funded reserves								3,471
	Investment in unconsolidated affiliates								4,338
	Receivables and other assets								4,010
	Financing costs, less accumulated amortization								2,436
	Rent incentive, less accumulated amortization								1,183
	Intangible assets, less accumulated amortization								9,135
	Total Assets							$	385,095

REAL_ESTATE_INVESTMENTS_Tables

REAL ESTATE INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2013
Text Block [Abstract]	'
Summary of Real Estate Investments Included in Assets	'
		Residential			Commercial			Total
		(in thousands)
	As of December 31, 2013
	Land and land improvements	$	36,625		$	28,506		$	65,131
	Building and improvements		240,343			123,900			364,243
	Furniture and fixtures		17,372			1,467			18,839
	Construction in progress		2,037			—			2,037
			296,377			153,873			450,250
	Less accumulated depreciation		(30,075	)		(16,983	)		(47,058	)
		$	266,302		$	136,890		$	403,192
		Residential			Commercial			Total
		(in thousands)
	As of December 31, 2012
	Land and land improvements	$	25,187		$	30,524		$	55,711
	Building and improvements		205,945			117,261			323,206
	Furniture and fixtures		14,362			1,467			15,829
			245,494			149,252			394,746
	Less accumulated depreciation		(25,138	)		(13,642	)		(38,780	)
		$	220,356		$	135,610		$	355,966

RESTRICTED_DEPOSITS_AND_FUNDED1

RESTRICTED DEPOSITS AND FUNDED RESERVES (Tables)	12 Months Ended
	Dec. 31, 2013
Cash And Cash Equivalents [Abstract]	'
Summary of Restricted Deposits and Funded Reserves	'
		2013		2012
		(in thousands)
	Tenant security deposits	$	2,265	$	1,730
	Real estate tax and insurance escrows		2,530		1,050
	Replacement reserves		790		691
		$	5,585	$	3,471

LEASE_INTANGIBLES_Tables

LEASE INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]	'
Schedule of Intangible Assets and liabilities and Accumulated Amortization	'
	The following table summarizes the net value of other intangible assets and liabilities and the accumulated amortization for each class of intangible:
		Lease			Accumulated			Lease
		Intangibles			Amortization			Intangibles, net
		(in thousands)
	As of December 31, 2013
	In-place leases	$	11,733		$	(3,383	)	$	8,350
	Above-market leases		2,466			(337	)		2,129
	Below-market leases		(1,385	)		432			(953	)
		$	12,814		$	(3,288	)	$	9,526
		Lease			Accumulated			Lease
		Intangibles			Amortization			Intangibles, net
		(in thousands)
	As of December 31, 2012
	In-place leases	$	10,034		$	(2,375	)	$	7,659
	Above-market leases		1,706			(230	)		1,476
	Below-market leases		(1,478	)		287			(1,191	)
		$	10,262		$	(2,318	)	$	7,944
Schedule of Estimated Aggregate Amortization Expense	'
	The estimated aggregate amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
	Years ending December 31,	Amount
		(in thousands)
	2014	$	1,076
	2015		1,076
	2016		1,076
	2017		1,076
	2018		1,076
	Thereafter		4,146
		$	9,526

MORTGAGE_NOTES_PAYABLE_Tables

MORTGAGE NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Schedule of Mortgage Notes Payable	'
	The following table summarizes the Company’s mortgage notes payable. As of December 31, 2013 all are fixed rate notes.
				Interest			Principal Balance At
				Rate Per			December 31,		December 31,
	Maturity Date	Property Name		Annum			2013		2012
							(in thousands)
	Residential Properties
	Oct-17	Auburn II (Arneson)			6.3	%	$	625	$	636
	Oct-17	Hunter’s Run I (Arneson)			6.3	%		300		306
	Jul-16	Autumn Ridge 3 &4			4.5	%		3,318		3,438
	Jan-16	Autumn Ridge 1 & 2			5.74	%		2,868		2,926
	Oct-13	Bayview			4.62	%		3,582		2,032
	Jun-18	Berkshire			3.75	%		311		327
	Sep-21	Brookfield			3.75	%		1,366		1,515
	Mar-14	Candlelight			5.67	%		—		1,245
	Sep-36	Carling Manor			4.4	%		538		552
	Dec-13	Carlton 1—3			5.6	%		—		2,189
	Jun-13	Carlton Place			6.96	%		—		1,920
	Feb-17	Colony Manor			3.63	%		822		853
	Sep-14	Columbia West			7.8	%		—		1,447
	Nov-24	Country Club			4.37	%		619		663
				Interest			Principal Balance At
				Rate Per			December 31,		December 31,
	Maturity Date	Property Name		Annum			2013		2012
							(in thousands)
	Oct-33	Courtyard			3.92	%		4,475		—
	Oct-19	Danbury			5.03	%		3,037		3,112
	Oct-28	Dellwood			4.55	%		8,146		—
	Mar-17	Eagle Run			3.95	%		4,713		4,838
	Jun-15	EV-Bismarck			2.55	%		—		14,956
	Jun-18	Emerald Court			3.75	%		637		669
	Mar-17	Fairview			3.95	%		3,257		3,325
	Jun-23	Flickertail			3.75	%		5,947		2,823
	Sep-20	Forest			4.55	%		492		—
	Dec-17	Galleria III			4.75	%		630		646
	Aug-16	Glen Pond			6.3	%		16,096		16,405
	Mar-17	Hunter			3.95	%		1,203		1,236
	Sep-14	Islander			6	%		—		506
	Jun-20	Kennedy			4.55	%		537		—
	Dec-17	Library Lane			6.1	%		1,915		1,950
	May-21	Maple Ridge			5.69	%		4,353		4,413
	Oct-28	Maplewood Bend			4.58	%		5,580		3,513
	Oct-23	Montreal Courts			4.91	%		19,976		—
	Sep-17	Oak Court			5.98	%		1,863		1,892
	Jun-20	Pacific Park I			4.55	%		798		—
	Jun-20	Pacific Park II			4.55	%		683		—
	Jun-20	Pacific Park South			4.55	%		421		—
	Feb-17	Parkwood			3.63	%		1,208		1,254
	Dec-23	Pebble Creek			4.65	%		4,700		2,530
	Jun-18	Prairiewood Courts			3.75	%		1,539		1,616
	Oct-20	Prairiewood Meadows			6.17	%		2,386		2,429
	Nov-23	Richfield/Harrison			4.39	%		6,488		2,577
	Sep-17	Rosegate			5.93	%		2,373		2,411
	Sep-36	Saddlebrook			4.4	%		1,107		1,135
	Aug-19	Sierra Ridge Phase I			5.46	%		2,668		2,731
	Nov-19	Sierra Ridge Phase II			5.92	%		3,362		3,429
	Oct-22	Somerset			4.01	%		3,318		3,375
	Jul-21	Southgate			5.96	%		3,019		3,081
	Feb-20	Southview III			4.5	%		236		242
	Dec-17	Southview Villages			6.1	%		2,094		2,131
	Jun-20	Spring			4.55	%		651		—
	Apr-15	Stonybrook			5.4	%		5,574		5,684
	Jan-22	Sunset Ridge			4.44	%		9,146		9,300
	May-19	Sunview			5.75	%		1,230		1,261
Apr-23	Sunwood Estates			4.37	%		3,032		—
Jun-19	Terrace on the Green			6.53	%		2,163		2,192
Oct-22	Twin Parks			4.01	%		2,359		2,400
May-19	Village			5.75	%		1,085		1,112
Jul-16	Village Park			6.15	%		884		911
Jun-18	Westwind			3.75	%		354		372
Jun-20	Westwood			4.55	%		5,041		5,231
Apr-23	Willow Park			3.59	%		4,434		2,529
Commercial Properties
Sep-17	Guardian Building Products			3.45	%		2,318		2,404
Oct-33	Titan Machinery—Dickinson, ND			4.5	%		996		420
Dec-19	Titan Machinery—Fargo, ND			4.18	%		1,198		1,241
Aug-33	Titan Machinery—Marshall, MN			4.5	%		2,304		2,366
Aug-17	Titan Machinery—Minot, ND			3.29	%		1,750		1,816
Feb-23	Titan Machinery—Redwood Falls, MN			4.25	%		1,754		—
Oct-28	Titan Machinery—Sioux City, IA			4.5	%		1,736		—
Mar-16	Bio-life Properties—ND, MN, WI (9 total)			7.56	%		8,800		9,938
Dec-16	Bio-life Properties—Marquette, MI			7.06	%		1,258		1,421
Aug-17	Aetna			5.93	%		6,945		7,066
Dec-17	32nd Avenue Office			4	%		2,272		2,342
Mar-19	Echelon			4.25	%		1,161		1,223
Apr-18	Gate City			3.97	%		1,050		1,085
Sep-20	Goldmark Office Park			5.33	%		4,664		5,224
Apr-20	Great American Building			7.25	%		1,072		1,106
Oct-15	Regis			5.68	%		9,527		9,740
Apr-17	Dairy Queen—Dickinson, ND			3.63	%		709		749
Apr-25	Walgreens-Alexandria			5.69	%		2,097		2,226
Mar-34	Walgreens-Batesville			6.85	%		6,460		6,602
Jun-21	Walgreens-Colorado			4.5	%		4,339		4,447
Aug-33	Walgreens-Fayetteville			6.85	%		4,962		5,077
Oct-24	Walgreens-Laurel			6.07	%		2,077		2,202
						$	239,008	$	208,961
Scheduled Maturities of Mortgage Notes Payable	'
	We are required to make the following principal payments on our outstanding mortgage notes payable for each of the five succeeding fiscal years and thereafter as follows:
	Years ending December 31,	Amount
		(in thousands)
	2014	$	7,793
	2015		22,694
	2016		34,948
	2017		35,277
	2018		8,353
	Thereafter		129,943
	Total payments	$	239,008

FAIR_VALUE_MEASUREMENT_Tables

FAIR VALUE MEASUREMENT (Tables)	12 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Carrying Value and Estimated Fair Value of Company's Financial Instruments	'
	The following table presents the carrying value and estimated fair value of the Company’s financial instruments:
			December 31, 2013				December 31, 2012
			Carrying				Carrying
			Value		Fair Value		Value		Fair Value
			(in thousands)
	Financial liabilities:
	Mortgage notes payable		$	239,008	$	240,486	$	208,961	$	221,570
	Fair value of interest rate swaps		$	309	$	309	$	492	$	492
Schedule of Fair Value of Assets on Recurring Basis	'
	The following table presents the Company’s financial instruments, which are measured at fair value on a recurring basis, by the level in the fair value hierarchy within which those measurements fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
			Level 1		Level 2		Level 3		Total
			(in thousands)
	December 31, 2013
	Fair value of interest rate swap		$	—	$	309	$	—	$	309
	December 31, 2012
	Fair value of interest rate swap		$	—	$	492	$	—	$	492
Investment Properties Measured at Fair Value on Nonrecurring Basis	'
	Investment properties measured at fair value on a nonrecurring basis at December 31, 2013 and 2012, respectively, aggregated by the level within the fair value hierarchy in which those measurements fall are as follows:
			Level 1		Level 2		Level 3		Total		Provision for
											Impairment of
											Investment
											Properties
			(in thousands)
	December 31, 2013
	Real estate investments (a)		$	—	$	—	$	1,615	$	—	$	226
	December 31, 2012
	Real estate investments (a)			—		—		2,942		—		262
	(a)	Includes an impairment charge recorded on certain investment properties during the years ended December 31, 2013 and 2012, both based upon a discounted cash flow model.
Fair Value of Company's Financial Assets and Liabilities	'
	The following table presents the Company’s financial assets and liabilities, which are disclosed at fair value, by the level in the fair value hierarchy within which they fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
			Level 1		Level 2		Level 3		Total
			(in thousands)
	December 31, 2013
	Mortgage notes payable		$	—	$	—	$	240,486	$	240,486
	December 31, 2012
	Mortgage notes payable		$	—	$	—	$	221,570	$	221,570

RENTALS_UNDER_OPERATING_LEASES1

RENTALS UNDER OPERATING LEASES / RENTAL INCOME (Tables)	12 Months Ended
	Dec. 31, 2013
Leases [Abstract]	'
Details of Minimum Future Rentals on Non-Cancelable Operating Leases	'
	Minimum future rentals on non-cancelable operating leases as of December 31, 2013 are as follows:
	Years ending December 31,	Amount
		(in thousands)
	2014	$	14,382
	2015		13,945
	2016		11,089
	2017		9,700
	2018		8,659
	Thereafter		73,433
		$	131,208

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2013
Discontinued Operations And Disposal Groups [Abstract]	'
Schedule Showing Effect on Net Income and Gains /(Losses) from Sale of Properties Classified as Discontinued Operations	'
	The following table shows the effect on net income and the gains or losses from the sale of properties classified as discontinued operations for the years ended 2013 and 2012:
		Discontinued Operations
		Year Ended December 31,
		2013		2012
		(in thousands)
	Income from rental operations
	Real estate rental income	$	1,626	$	2,160
	Tenant reimbursements		205		267
			1,831		2,427
	Expenses
	Expenses from rental operations
	Interest		299		886
	Depreciation and amortization		542		724
	Real estate taxes		206		256
	Insurance		—		(1	)
			1,047		1,865
	Administration of REIT
	Acquisition and disposition expenses		25		90
	Legal and accounting		—		2
			25		92
	Total expenses		1,072		1,957
	Income from operations		759		470
	Other income
	Interest income		—		3
			—		3
	Income from discontinued operations before gain on sale		759		473
	Gain on sale of discontinued operations		2,591		26
	Gain from discontinued operations	$	3,350	$	499

BUSINESS_COMBINATIONS_Tables

BUSINESS COMBINATIONS (Tables)	12 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	'
	The following table summarizes the fair value of the assets acquired and liabilities assumed during 2013:
		Property and		In Place		Favorable		Unfavorable			Mortgages			Consideration
		Equipment		Leases		Lease Terms		Lease Terms			Assumed			Given
		(in thousands)
	Titan Machinery, Redwood Falls, MN	$	3,902	$	745	$	11	$	—		$	—		$	4,658
	44th Street, Fargo, ND		2,310		—		—		—			—			2,310
	Forest Avenue, Fargo, ND		740		—		—		—			—			740
	Kennedy, Fargo, ND		714		—		—		—			—			714
	Pacific Park I, Fargo, ND		957		—		—		—			—			957
	Pacific Park II, Fargo, ND		1,036		—		—		—			—			1,036
	Pacific Park South, Fargo, ND		550		—		—		—			—			550
	Spring, Fargo, ND		950		—		—		—			—			950
	Stanford Court, Grand Forks, ND		4,416		—		—		—			—			4,416
	Dellwood Estates, Anoka, MN		11,500		—		—		—			—			11,500
	Arbor Apartments, Bismarck, ND		636		—		—		—			—			636
	Granger Court I, Fargo, ND		3,127		—		—		—			—			3,127
	Schrock Apartments, Fargo, ND		756		—		—		—			—			756
	Courtyard Apartments, St. Louis Park, MN		8,758		—		—		—			—			8,758
	Sheridan Pointe Apartments, Fargo, ND		2,880		—		—		—			—			2,880
	Montreal Courts Apartments, Little Canada, MN		27,084		—		—		—			—			27,084
	Titan Machinery, Sioux City, IA		2,787		1,031		749		—			—			4,567
	Arbor Apartments II, Bismarck, ND		650		—		—		—			—			650
	Arbor Apartments III, Bismarck, ND		646		—		—		—			—			646
	Hannifin Apartments, Bismarck, ND		731		—		—		—			—			731
	Monticello Apartments, Fargo, ND		864		—		—		—			—			864
		$	75,994	$	1,776	$	760	$	—		$	—		$	78,530
	The following table summarizes the fair value of the assets acquired and liabilities assumed during 2012:
		Property and		In Place		Favorable		Unfavorable			Mortgages			Consideration
		Equipment		Leases		Lease Terms		Lease Terms			Assumed			Given
		(in thousands)
	Dairy Queen, Dickinson, ND	$	986	$	226	$	118	$	—		$	—		$	1,330
	Titan Machinery, Dickinson, ND		1,450		199		—		(259	)		(431	)		959
	Titan Machinery, Minot, ND		2,272		358		—		—			—			2,630
	Land, Dickinson, ND		400		—		—		—			—			400
	Land, Bismarck, ND		2,420		—		—		—			—			2,420
	Guardian Building, Fargo, ND		3,125		531		—		(206	)		—			3,450
	Prairiewood Meadows Apts., Fargo, ND		3,450		—		—		—			(2,439	)		1,011
	Terrace on the Green Apts., Moorhead, MN		3,450		—		—		—			(2,199	)		1,251
	Titan Machinery—Fargo, ND		2,728		418		—		(325	)		(1,251	)		1,570
	Candlelight Apartments—Fargo, ND		1,950		—		—		—			(1,249	)		701
		$	22,231	$	1,732	$	118	$	(790	)	$	(7,569	)	$	15,722

Organization_Additional_Inform

Organization - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
	Entity
Real Estate Properties [Line Items]	'	'
Ownership in operating partnership	28.70%	32.30%
Ownership of operating partnership in single asset LLC's	100.00%	'
Number of single asset LLC fully owned	38	'
Real Estate [Member]	'	'
Real Estate Properties [Line Items]	'	'
Assets	75.00%	'
Gross income	75.00%	'
Single Asset Limited Liability Partnership One [Member]	'	'
Real Estate Properties [Line Items]	'	'
Ownership in LLP	81.25%	'

Recovered_Sheet1

Principal Activity and Significant Accounting Policies - Additional Information (Detail) (USD $)

12 Months Ended

12 Months Ended

1 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Jul. 31, 2013

Entity

Assets Held for Sale [Member]

Assets Held for Sale [Member]

Commercial Property [Member]

Residential Property [Member]

Highland Meadows, LLC, Bismarck, North Dakota [Member]

Single Asset LLP [Member]

Grand Forks Marketplace Retail Center, North Dakota [Member]

Tenant in common - Office building, Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Property

Property

Property

Property

Property

INREIT Highland LLC [Member]

sqft

sqft

Unit

Apartment Complex [Member]

Unit

Operating Partnership [Member]

Buildings

Business Combination in Fargo 10 [Member]

Real Estate Properties [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Number of single asset limited liability companies consolidated

38

'

'

'

'

'

'

'

'

'

'

'

Ownership in LLP

'

'

'

'

'

'

'

81.25%

'

'

'

'

No. of properties

122

'

0

0

48

74

'

'

'

'

'

'

Percentage of residential property out of the trust properties

'

'

'

'

'

63.10%

'

'

'

'

'

'

Percentage of commercial property out of the trust properties

'

'

'

'

36.90%

'

'

'

'

'

'

'

Total Assets

$448,300,000

$385,095,000

'

'

'

'

'

'

'

'

'

'

Impairment losses related to the unconsolidated affiliates

0

0

'

'

'

'

'

'

'

'

'

'

Investment in unconsolidated affiliates

100.00%

'

'

'

'

'

40.26%

'

50.00%

66.67%

82.50%

'

Number of residential, multi-tenant apartment complex

'

'

'

'

'

'

1

'

'

'

'

'

Operating Partnership Unit

'

'

'

'

'

'

144

'

'

'

61

'

Area (others)

'

'

'

'

'

'

'

'

183,000

75,000

'

'

Purchase price

'

'

'

'

'

'

'

'

'

'

'

3,000,000

Issuance of limited partnership units for acquisition

'

'

'

'

'

'

'

'

'

'

'

2,200,000

Value of limited partnership units received by related parties

'

'

'

'

'

'

'

'

'

'

'

533,000

Total Assets held by unconsolidated affiliates

31,300,000

29,000,000

'

'

'

'

'

'

'

'

'

'

Mortgage notes held by unconsolidated affiliates

21,200,000

21,600,000

'

'

'

'

'

'

'

'

'

'

Depreciation expenses

10,900,000

9,700,000

'

'

'

'

'

'

'

'

'

'

Loss on impairment of property

226,000

262,000

'

'

'

'

'

'

'

'

'

'

Taxable income to be distributed

90.00%

'

'

'

'

'

'

'

'

'

'

'

Retainable taxable income

10.00%

'

'

'

'

'

'

'

'

'

'

'

Provisions or liabilities for income taxes

0

'

'

'

'

'

'

'

'

'

'

'

Revenue from tenant rents and related activities

95.00%

'

'

'

'

'

'

'

'

'

'

'

Term of lease

'1 year

'

'

'

'

'

'

'

'

'

'

'

Increase in revenue due to straight - line adjustment

429,000

313,000

'

'

'

'

'

'

'

'

'

'

Straight - line Receivable

$2,400,000

$1,900,000

'

'

'

'

'

'

'

'

'

'

Dilutive potential common shares

0

0

'

'

'

'

'

'

'

'

'

'

Denominators for the basic and diluted earnings per common share

5,400,000

4,700,000

'

'

'

'

'

'

'

'

'

'

Recovered_Sheet2

Principal Activity and Significant Accounting Policies - Schedule of Types of Real Estate Properties by Location (Detail)	Dec. 31, 2013
	Property
Real Estate Properties [Line Items]	'
No. of properties	122
Commercial Property [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	48
Area of commercial property	1,404,412
Commercial Property [Member] | North Dakota [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	20
Area of commercial property	808,389
Commercial Property [Member] | Arkansas [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	2
Area of commercial property	29,370
Commercial Property [Member] | Colorado [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	13,390
Commercial Property [Member] | IOWA [Member ]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	32,532
Commercial Property [Member] | Louisiana [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	14,560
Commercial Property [Member] | Michigan [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	11,737
Commercial Property [Member] | Minnesota [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	13
Area of commercial property	382,666
Commercial Property [Member] | Mississippi [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	14,820
Commercial Property [Member] | Nebraska [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	14,736
Commercial Property [Member] | Texas [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	1
Area of commercial property	7,296
Commercial Property [Member] | Wisconsin [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	6
Area of commercial property	74,916
Residential Property [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	74
Units	5,947
Residential Property [Member] | North Dakota [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	66
Units	4,360
Residential Property [Member] | Minnesota [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	6
Units	1,271
Residential Property [Member] | Nebraska [Member]	'
Real Estate Properties [Line Items]	'
No. of properties	2
Units	316

Recovered_Sheet3

Principal Activity and Significant Accounting Policies - Summary of Estimated Useful Life (Detail)	12 Months Ended
	Dec. 31, 2013
Building and improvements [Member]	'
Property, Plant and Equipment [Line Items]	'
Estimated useful life	'40 years
Furniture and fixtures [Member]	'
Property, Plant and Equipment [Line Items]	'
Estimated useful life	'9 years

Principal_Activity_and_Signifi3

Principal Activity and Significant Accounting Policies - Schedule of Tax Status (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Tax status	'	'
Ordinary income	$0.67	$0.68
Capital Gain	$0.17	$0.01
Return of capital	'	$0.13
Total	$0.84	$0.82
Ordinary income	79.76%	82.39%
Capital Gain	20.24%	1.64%
Return of capital	0.00%	15.97%
Total	100.00%	100.00%

Segment_Reporting_Additional_I

Segment Reporting - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2013
	Segment
Segment Reporting [Abstract]	'
Number of reportable segments	2

Segment_Reporting_Summary_of_S

Segment Reporting - Summary of Segment Revenues and Net Operating Income (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Sales Information [Line Items]	'	'
Income from rental operations	$61,943	$52,021
Expenses from rental operations	23,390	19,750
Net operating income	38,553	32,271
Interest	11,222	10,925
Depreciation and amortization	12,219	10,516
Administration of REIT	5,606	2,802
Gain on involuntary conversion	-2	'
Other (income)/expense	-888	-866
Loss on lease terminations	203	'
Loss on impairment of property	226	262
Income from continuing operations	9,967	8,632
Discontinued operations	3,350	499
Net income	13,317	9,131
Residential [Member]	'	'
Sales Information [Line Items]	'	'
Income from rental operations	43,060	35,310
Expenses from rental operations	18,919	15,588
Net operating income	24,141	19,722
Commercial [Member]	'	'
Sales Information [Line Items]	'	'
Income from rental operations	18,883	16,711
Expenses from rental operations	4,471	4,162
Net operating income	$14,412	$12,549

Segment_Reporting_Summary_of_S1

Segment Reporting - Summary of Segment Assets and Accumulated Depreciation (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Segment Reporting Information [Line Items]	'	'	'
Real estate investments	$450,250	$394,746	'
Accumulated depreciation	-47,058	-38,780	-31,281
Real estate investments after depreciation	403,192	355,966	'
Cash and cash equivalents	13,849	4,556	3,193
Restricted deposits and funded reserves	5,585	3,471	'
Investment in unconsolidated affiliates	7,366	4,338	'
Receivables and other assets	4,879	4,010	'
Financing costs, less accumulated amortization	2,950	2,436	'
Rent incentive, less accumulated amortization	'	1,183	'
Intangible assets, less accumulated amortization	10,479	9,135	'
Total Assets	448,300	385,095	'
Residential [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Real estate investments	296,377	245,494	'
Accumulated depreciation	-30,075	-25,138	'
Real estate investments after depreciation	266,302	220,356	'
Commercial [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Real estate investments	153,873	149,252	'
Accumulated depreciation	-16,983	-13,642	'
Real estate investments after depreciation	$136,890	$135,610	'

Real_Estate_Investments_Summar

Real Estate Investments - Summary of Real Estate Investments Included in Assets (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Real Estate By Property [Line Items]	'	'
Real estate investments gross	$450,250	$394,746
Less accumulated depreciation	-47,058	-38,780
Real estate investments gross after depreciation	403,192	'
Real estate investments after depreciation	403,192	355,966
Land and land improvements [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	65,131	55,711
Building and improvements [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	364,243	323,206
Furniture and fixtures [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	18,839	15,829
Construction in Progress [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	2,037	'
Residential [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	296,377	245,494
Less accumulated depreciation	-30,075	-25,138
Real estate investments gross after depreciation	266,302	'
Real estate investments after depreciation	266,302	220,356
Residential [Member] | Land and land improvements [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	36,625	25,187
Residential [Member] | Building and improvements [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	240,343	205,945
Residential [Member] | Furniture and fixtures [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	17,372	14,362
Residential [Member] | Construction in Progress [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	2,037	'
Commercial [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	153,873	149,252
Less accumulated depreciation	-16,983	-13,642
Real estate investments gross after depreciation	136,890	'
Real estate investments after depreciation	136,890	135,610
Commercial [Member] | Land and land improvements [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	28,506	30,524
Commercial [Member] | Building and improvements [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	123,900	117,261
Commercial [Member] | Furniture and fixtures [Member]	'	'
Real Estate By Property [Line Items]	'	'
Real estate investments gross	$1,467	$1,467

Real_Estate_Investments_Additi

Real Estate Investments - Additional Information (Detail) (Bismarck, North Dakota [Member], USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
	Apartment
Bismarck, North Dakota [Member]	'
Real Estate By Property [Line Items]	'
Project estimated cost on new residential apartment	$16
Number of buildings in the residential apartment community	4
Construction in progress, number of apartment units	156

Recovered_Sheet4

Restricted Deposits and Funded Reserves - Summary of Restricted Deposits and Funded Reserves (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Cash And Cash Equivalents [Abstract]	'	'
Tenant security deposits	$2,265	$1,730
Real estate tax and insurance escrows	2,530	1,050
Replacement reserves	790	691
Restricted deposits and funded reserves, Total	$5,585	$3,471

Recovered_Sheet5

Restricted Deposits and Funded Reserves - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2013
Cash And Cash Equivalents [Abstract]	'
Percentage of monthly contributions of estimated real estate taxes and insurance premium	0.0008333

Hedging_Activities_Additional_

Hedging Activities - Additional Information (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013
			April 2020 [Member]	December 2017 [Member]
Derivative [Line Items]	'	'	'	'
Interest rate swaps value	'	'	$1,300,000	$2,400,000
Interest rate swaps percentage	'	'	7.25%	2.57%
Derivative maturity dates	'	'	30-Apr-20	31-Dec-17
Liability and other comprehensive loss	$309,000	$492,000	'	'

Lease_Intangibles_Schedule_of_

Lease Intangibles - Schedule of Intangible Assets and liabilities and Accumulated Amortization (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Accumulated amortization	($3,720)	($2,606)
Assets [Member] | In-Place leases [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Lease Intangibles	11,733	10,034
Accumulated amortization	-3,383	-2,375
Lease Intangibles, net	8,350	7,659
Assets [Member] | Above-market leases [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Lease Intangibles	2,466	1,706
Accumulated amortization	-337	-230
Lease Intangibles, net	2,129	1,476
Liabilities [Member] | Below-market leases [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Lease Intangibles	-1,385	-1,478
Accumulated amortization	432	287
Lease Intangibles, net	-953	-1,191
Net Assets [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Lease Intangibles	12,814	10,262
Accumulated amortization	-3,288	-2,318
Lease Intangibles, net	$9,526	$7,944

Lease_Intangibles_Schedule_of_1

Lease Intangibles - Schedule of Estimated Aggregate Amortization Expense (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Goodwill And Intangible Assets Disclosure [Abstract]	'
2014	$1,076
2015	1,076
2016	1,076
2017	1,076
2018	1,076
Thereafter	4,146
Total	$9,526

Lease_Intangibles_Additional_I

Lease Intangibles - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2013
In-Place leases [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Weighted average amortization period of intangible assets	'11 years
Above-market leases [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Weighted average amortization period of intangible assets	'11 years
Below-market leases [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Weighted average amortization period of intangible assets	'11 years

Lines_of_Credit_Additional_Inf

Lines of Credit - Additional Information (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
In Millions, unless otherwise specified			Wells Fargo Bank [Member]	Bremer Bank [Member]	Bremer Bank Agreement Two [Member]	Bell State Bank and Trust [Member]
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Agreed line of credit	'	'	$15	$1	$3	$2
Variable interest rate of line of credit, description	'	'	'1-month LIBOR plus 2.35%	'The greater of the prime rate or 3.25%	'Prime rate less 0.5%	'Variable based on prime rates
Variable interest rate of line of credit	'	'	2.35%	3.25%	0.50%	'
Expiry date	'	'	'July 2015	'October 2014	'November 2014	'June 2014
Line of credit outstanding	0	0	'	'	'	'
Unused line of credit	$21	'	'	'	'	'

Mortgage_Notes_Payable_Schedul

Mortgage Notes Payable - Schedule of Mortgage Notes Payable (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Mortgage Loans on Real Estate [Line Items]	'	'
Principal Balance	$239,008	$208,961
Auburn II (Arneson) Maturing on October-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2017	'
Interest Rate Per Annum	6.30%	'
Principal Balance	625	636
Hunter's Run I (Arneson) Maturing on October-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2017	'
Interest Rate Per Annum	6.30%	'
Principal Balance	300	306
Autumn Ridge 3 & 4 Maturing on July-2016 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'July-2016	'
Interest Rate Per Annum	4.50%	'
Principal Balance	3,318	3,438
Autumn Ridge 1 & 2 Maturing on January-2016 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'January-2016	'
Interest Rate Per Annum	5.74%	'
Principal Balance	2,868	2,926
Bayview Maturing On October-2013 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2013	'
Interest Rate Per Annum	4.62%	'
Principal Balance	3,582	2,032
Berkshire Maturing on June-2018 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2018	'
Interest Rate Per Annum	3.75%	'
Principal Balance	311	327
Brookfield Maturing on September-2021 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2021	'
Interest Rate Per Annum	3.75%	'
Principal Balance	1,366	1,515
Candlelight Maturing on March-2014 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2014	'
Interest Rate Per Annum	5.67%	'
Principal Balance	'	1,245
Carling Manor Maturing on September-2036 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2036	'
Interest Rate Per Annum	4.40%	'
Principal Balance	538	552
Carlton 1-3 Maturing on December-2013 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2013	'
Interest Rate Per Annum	5.60%	'
Principal Balance	'	2,189
Carlton Place Maturing on June-2013 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2013	'
Interest Rate Per Annum	6.96%	'
Principal Balance	'	1,920
Colony Manor Maturing on February-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'February-2017	'
Interest Rate Per Annum	3.63%	'
Principal Balance	822	853
Columbia West Maturing on September-2014 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2014	'
Interest Rate Per Annum	7.80%	'
Principal Balance	'	1,447
Country Club Maturing on November-2024 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'November-2024	'
Interest Rate Per Annum	4.37%	'
Principal Balance	619	663
Courtyard Maturing On October - 2033 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2033	'
Interest Rate Per Annum	3.92%	'
Principal Balance	4,475	'
Danbury Maturing on October-2019 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2019	'
Interest Rate Per Annum	5.03%	'
Principal Balance	3,037	3,112
Dellwood Maturing on October-2028 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2028	'
Interest Rate Per Annum	4.55%	'
Principal Balance	8,146	'
Eagle Run Maturing on March-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2017	'
Interest Rate Per Annum	3.95%	'
Principal Balance	4,713	4,838
EV-Bismarck Maturing on June-2015 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2015	'
Interest Rate Per Annum	2.55%	'
Principal Balance	'	14,956
Emerald Court Maturing on June-2018 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2018	'
Interest Rate Per Annum	3.75%	'
Principal Balance	637	669
Fairview Maturing on March-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2017	'
Interest Rate Per Annum	3.95%	'
Principal Balance	3,257	3,325
Flickertail Maturing On June-2023 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2023	'
Interest Rate Per Annum	3.75%	'
Principal Balance	5,947	2,823
Forest Maturing On September-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	492	'
Galleria III Maturing on December-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2017	'
Interest Rate Per Annum	4.75%	'
Principal Balance	630	646
Glen Pond Maturing on August-2016 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'August-2016	'
Interest Rate Per Annum	6.30%	'
Principal Balance	16,096	16,405
Hunter Maturing on March-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2017	'
Interest Rate Per Annum	3.95%	'
Principal Balance	1,203	1,236
Islander Maturing on September-2014 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2014	'
Interest Rate Per Annum	6.00%	'
Principal Balance	'	506
Kennedy Maturing On June-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	537	'
Library Lane Maturing on December-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2017	'
Interest Rate Per Annum	6.10%	'
Principal Balance	1,915	1,950
Maple Ridge Maturing on May-2021 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'May-2021	'
Interest Rate Per Annum	5.69%	'
Principal Balance	4,353	4,413
Maplewood Bend Maturing on October-2028 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2028	'
Interest Rate Per Annum	4.58%	'
Principal Balance	5,580	3,513
Montreal Courts Maturing on October-2023 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2023	'
Interest Rate Per Annum	4.91%	'
Principal Balance	19,976	'
Oak Court Maturing on September-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2017	'
Interest Rate Per Annum	5.98%	'
Principal Balance	1,863	1,892
Pacific Park I Maturing On June-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	798	'
Pacific Park II Maturing On June-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	683	'
Pacific Park South Maturing On June-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	421	'
Parkwood Maturing on February-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'February-2017	'
Interest Rate Per Annum	3.63%	'
Principal Balance	1,208	1,254
Pebble Creek Maturing on December-2023 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2023	'
Interest Rate Per Annum	4.65%	'
Principal Balance	4,700	2,530
Prairiewood Courts Maturing on June-2018 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2018	'
Interest Rate Per Annum	3.75%	'
Principal Balance	1,539	1,616
Prairiewood Meadows Maturing on October-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2020	'
Interest Rate Per Annum	6.17%	'
Principal Balance	2,386	2,429
Richfield Harrison Maturing On November-2023 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'November-2023	'
Interest Rate Per Annum	4.39%	'
Principal Balance	6,488	2,577
Rosegate Maturing on September-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2017	'
Interest Rate Per Annum	5.93%	'
Principal Balance	2,373	2,411
Saddlebrook Maturing on September-2036 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2036	'
Interest Rate Per Annum	4.40%	'
Principal Balance	1,107	1,135
Sierra Ridge Phase I Maturing on August-2019 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'August-2019	'
Interest Rate Per Annum	5.46%	'
Principal Balance	2,668	2,731
Sierra Ridge Phase II Maturing on November-2019 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'November-2019	'
Interest Rate Per Annum	5.92%	'
Principal Balance	3,362	3,429
Somerset Maturing on October-2022 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2022	'
Interest Rate Per Annum	4.01%	'
Principal Balance	3,318	3,375
Southgate Maturing on July-2021 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'July-2021	'
Interest Rate Per Annum	5.96%	'
Principal Balance	3,019	3,081
Southview III Maturing On February-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'February-2020	'
Interest Rate Per Annum	4.50%	'
Principal Balance	236	242
Southview Villages Maturing on December-2017 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2017	'
Interest Rate Per Annum	6.10%	'
Principal Balance	2,094	2,131
Spring Maturing On June-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	651	'
Stonybrook Maturing on April-2015 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2015	'
Interest Rate Per Annum	5.40%	'
Principal Balance	5,574	5,684
Sunset Ridge Maturing on January-2022 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'January-2022	'
Interest Rate Per Annum	4.44%	'
Principal Balance	9,146	9,300
Sunview Maturing on May-2019 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'May-2019	'
Interest Rate Per Annum	5.75%	'
Principal Balance	1,230	1,261
Sunwood Estates Maturing on April-2023 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2023	'
Interest Rate Per Annum	4.37%	'
Principal Balance	3,032	'
Terrace on the Green Maturing on June-2019 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2019	'
Interest Rate Per Annum	6.53%	'
Principal Balance	2,163	2,192
Twin Parks Maturing on October-2022 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2022	'
Interest Rate Per Annum	4.01%	'
Principal Balance	2,359	2,400
Village Maturing on May-2019 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'May-2019	'
Interest Rate Per Annum	5.75%	'
Principal Balance	1,085	1,112
Village Park Maturing on July-2016 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'July-2016	'
Interest Rate Per Annum	6.15%	'
Principal Balance	884	911
Westwind Maturing on June-2018 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2018	'
Interest Rate Per Annum	3.75%	'
Principal Balance	354	372
Westwood Maturing On June-2020 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2020	'
Interest Rate Per Annum	4.55%	'
Principal Balance	5,041	5,231
Willow Park Maturing On April-2023 [Member] | Residential Properties [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2023	'
Interest Rate Per Annum	3.59%	'
Principal Balance	4,434	2,529
Guardian Building Products Maturing on September-2017 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2017	'
Interest Rate Per Annum	3.45%	'
Principal Balance	2,318	2,404
Titan Machinery - Dickinson, ND Maturing On October-2033 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2033	'
Interest Rate Per Annum	4.50%	'
Principal Balance	996	420
Titan Machinery - Fargo, ND Maturing On December-2019 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2019	'
Interest Rate Per Annum	4.18%	'
Principal Balance	1,198	1,241
Titan Machinery - Marshall, MN Maturing On August-2033 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'August-2033	'
Interest Rate Per Annum	4.50%	'
Principal Balance	2,304	2,366
Titan Machinery - Minot, ND Maturing On August-2017 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'August-2017	'
Interest Rate Per Annum	3.29%	'
Principal Balance	1,750	1,816
Titan Machinery - Redwood Falls, MN Maturing on February-2023 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'February-2023	'
Interest Rate Per Annum	4.25%	'
Principal Balance	1,754	'
Titan Machinery - Sioux City, IA Maturing On October-2028 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2028	'
Interest Rate Per Annum	4.50%	'
Principal Balance	1,736	'
Bio-life Properties - ND, MN, WI (9 total) Maturing on March-2016 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2016	'
Interest Rate Per Annum	7.56%	'
Principal Balance	8,800	9,938
Bio-life Properties - Marquette, MI Maturing on December-2016 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2016	'
Interest Rate Per Annum	7.06%	'
Principal Balance	1,258	1,421
Aetna Maturing on August-2017 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'August-2017	'
Interest Rate Per Annum	5.93%	'
Principal Balance	6,945	7,066
32nd Avenue Office Maturing On December-2017 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'December-2017	'
Interest Rate Per Annum	4.00%	'
Principal Balance	2,272	2,342
Echelon Maturing On March-2019 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2019	'
Interest Rate Per Annum	4.25%	'
Principal Balance	1,161	1,223
Gate City Maturing on April-2018 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2018	'
Interest Rate Per Annum	3.97%	'
Principal Balance	1,050	1,085
Goldmark Office Park Maturing on September-2020 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'September-2020	'
Interest Rate Per Annum	5.33%	'
Principal Balance	4,664	5,224
Great American Building Maturing on April-2020 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2020	'
Interest Rate Per Annum	7.25%	'
Principal Balance	1,072	1,106
Regis Maturing on October-2015 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2015	'
Interest Rate Per Annum	5.68%	'
Principal Balance	9,527	9,740
Dairy Queen - Dickinson, ND Maturing on April-2017 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2017	'
Interest Rate Per Annum	3.63%	'
Principal Balance	709	749
Walgreens-Alexandria Maturing on April-2025 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'April-2025	'
Interest Rate Per Annum	5.69%	'
Principal Balance	2,097	2,226
Walgreens-Batesville Maturing on March-2034 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'March-2034	'
Interest Rate Per Annum	6.85%	'
Principal Balance	6,460	6,602
Walgreens-Colorado Maturing on June-2021 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'June-2021	'
Interest Rate Per Annum	4.50%	'
Principal Balance	4,339	4,447
Walgreens-Fayetteville Maturing on August-2033 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'August-2033	'
Interest Rate Per Annum	6.85%	'
Principal Balance	4,962	5,077
Walgreens-Laurel Maturing on October-2024 [Member] | Commercial Property [Member]	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Maturity Date	'October-2024	'
Interest Rate Per Annum	6.07%	'
Principal Balance	$2,077	$2,202

Mortgage_Notes_Payable_Schedul1

Mortgage Notes Payable - Scheduled Maturities of Mortgage Notes Payable (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Long Term Debt By Maturity [Abstract]	'
2014	$7,793
2015	22,694
2016	34,948
2017	35,277
2018	8,353
Thereafter	129,943
Total payments	$239,008

Fair_Value_Measurement_Carryin

Fair Value Measurement - Carrying Value And Estimated Fair Value of Company's Financial Instruments (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Financial liabilities:	'	'
Carrying value of mortgage notes payable	$239,008	$208,961
Mortgage Notes Payable [Member]	'	'
Financial liabilities:	'	'
Carrying value of mortgage notes payable	239,008	208,961
Fair value of mortgage notes payable	240,486	221,570
Fair value of interest rate swap [Member]	'	'
Financial liabilities:	'	'
Carrying value of interest rate swaps	309	492
Fair value of interest rate swaps	$309	$492

Fair_Value_Measurement_Schedul

Fair Value Measurement - Schedule of Fair Value of Assets on Recurring Basis (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of interest rate swap	$309	$492
Fair value of interest rate swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of interest rate swap	309	492
Level 1 [Member] | Fair value of interest rate swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of interest rate swap	'	'
Level 2 [Member] | Fair value of interest rate swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of interest rate swap	309	492
Level 3 [Member] | Fair value of interest rate swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of interest rate swap	'	'

Fair_Value_Measurement_Investm

Fair Value Measurement - Investment Properties Measured at Fair Value On Nonrecurring Basis (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Fair Value Assets Measured On Non Recurring Basis [Line Items]	'	'
Provision for Impairment of Investment Properties	$226	$262
Real Estate Investment [Member]	'	'
Fair Value Assets Measured On Non Recurring Basis [Line Items]	'	'
Real estate investments	'	'
Provision for Impairment of Investment Properties	226	262
Level 1 [Member] | Real Estate Investment [Member]	'	'
Fair Value Assets Measured On Non Recurring Basis [Line Items]	'	'
Real estate investments	'	'
Level 2 [Member] | Real Estate Investment [Member]	'	'
Fair Value Assets Measured On Non Recurring Basis [Line Items]	'	'
Real estate investments	'	'
Level 3 [Member] | Real Estate Investment [Member]	'	'
Fair Value Assets Measured On Non Recurring Basis [Line Items]	'	'
Real estate investments	$1,615	$2,942

Fair_Value_Measurement_Fair_Va

Fair Value Measurement - Fair Value of Company's Financial Assets and Liabilities (Detail) (Mortgage Notes Payable [Member], USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of financial instruments	$240,486	$221,570
Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of financial instruments	'	'
Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of financial instruments	'	'
Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of financial instruments	$240,486	$221,570

Fair_Value_Measurement_Additio

Fair Value Measurement - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Maximum [Member]	'	'
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]	'	'
Discount rates used to estimate fair value of mortgages and notes payable	4.65%	4.18%
Minimum [Member]	'	'
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]	'	'
Discount rates used to estimate fair value of mortgages and notes payable	4.50%	4.01%

Recovered_Sheet6

Noncontrolling Interest of Unitholders in Operating Partnership - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Noncontrolling Interest [Line Items]	'	'
Distributions per unit	$0.84	$0.83
Maximum [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Number of permitted redemptions in a calendar year	2	'
Limited Partnership [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Total units	13,500,000	11,100,000
Units converted by limited partners into common shares	26,000	105,000
Common shares value	$366,000	$793,000
Limited Partnership [Member] | Minimum [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Number of units which can be redeemed in single redemption	1,000	'
Operating Partnership [Member]	'	'
Noncontrolling Interest [Line Items]	'	'
Declared distributions	$2,800,000	$2,300,000

Repurchase_Plans_Additional_In

Repurchase Plans - Additional Information (Detail) (USD $)	0 Months Ended			12 Months Ended
	Sep. 26, 2013	Mar. 28, 2013	Mar. 31, 2011	Dec. 31, 2013	Dec. 31, 2012
Equity, Class of Treasury Stock [Line Items]	'	'	'	'	'
Period for securities held	'	'	'1 year	'	'
Amount of securities repurchased	$25,000,000	$20,000,000	$5,000,000	'	$15,000,000
Repurchased price of securities	$14	$13	$12.60	'	$12.75
Repurchase of shares, value	'	'	'	4,300,000	5,260,000
Repurchase Plan [Member]	'	'	'	'	'
Equity, Class of Treasury Stock [Line Items]	'	'	'	'	'
Repurchase of shares	'	'	'	184,000	358,000
Repurchase of shares, value	'	'	'	2,400,000	3,900,000
Additional repurchase of shares	'	'	'	142,000	105,000
Additional repurchase of shares, value	'	'	'	$1,900,000	$1,300,000

Beneficial_Interest_Additional

Beneficial Interest - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Class of Stock [Line Items]	'	'
Common shares, outstanding	5,500,000	5,300,000
Preferred shares, outstanding	0	0
Dividends paid	$0.84	$0.83
Total Beneficial Interest [Member]	'	'
Class of Stock [Line Items]	'	'
Common shares, authorized	100,000,000	'
Common shares, par value	$0.01	'
Preferred shares, authorized	50,000,000	'
Preferred shares, par value	$0.01	'

Dividend_Reinvestment_Plan_Add

Dividend Reinvestment Plan - Additional Information (Detail) (USD $)	7 Months Ended	12 Months Ended
	Jul. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jul. 20, 2012
Dividends [Line Items]	'	'	'	'
Common shares to be issued	'	'	'	2,000,000
Minimum percentage of cash dividends	'	25.00%	'	'
Maximum additional cash purchase of common shares per fiscal quarter	'	$5,000	'	'
Additional common stock purchased above specified amount on prior approval per fiscal quarter	'	$5,000	'	'
Percentage estimated value for dividend reinvestments	'	95.00%	'	'
Percentage estimated value for additional automatic cash purchases	'	100.00%	'	'
Estimated value per common share	'	$14	'	'
Purchase price per common share for dividend reinvestments	'	$13.30	'	'
Purchase price per common share additional automatic cash purchases	'	$14	'	'
Notice period to participants	'	'10 days	'	'
Shares were issued pursuant to additional automatic cash purchases under the plan	'	95,000	7,000	'
Shares issued under the plan	126,000	'	'	'
Dividend Reinvestment Plan [Member]	'	'	'	'
Dividends [Line Items]	'	'	'	'
Shares issued pursuant to dividend reinvestments	'	207,000	49,000	'

Related_Party_Transactions_Add

Related Party Transactions - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
	Employees
Related Party Transaction [Line Items]	'	'
Property management fee, percent fee	5.00%	'
Trustee fees	$51,000	$64,000
Amount paid per meeting to committee members	400	400
Amount paid per meeting to board members	1,000	1,000
Number of paid employees	0	'
Management fee percentage of total assets	0.35%	'
Maximum management fee payable in cash or common shares	'Not to exceed one-twelfth of 0.35% of the total assets	'
Business acquisition purchase price allocation acquisition fees percentage	2.50%	'
Advisory disposition fee for sale of investments	3.00%	'
Maximum disposition fee and other real estate commissions to unaffiliated parties	6.00%	'
Financing fee percentage	0.25%	'
Advisory management fees	1,633,000	1,313,000
Advisory management fees outstanding	294,000	112,000
Business acquisition fees	1,700,000	582,000
Acquisition fees outstanding	0	0
Construction Costs	2,000,000	0
Retainage owed	102,000	0
Unpaid construction fees	365,000	0
Bismarck, North Dakota [Member]	'	'
Related Party Transaction [Line Items]	'	'
Construction in progress, number of apartment units	156	'
Maximum [Member]	'	'
Related Party Transaction [Line Items]	'	'
Criteria acquisition fees	375,000	'
Acquisition fees and expenses net percentage	6.00%	'
Development fee percentage	5.00%	'
Minimum [Member]	'	'
Related Party Transaction [Line Items]	'	'
Development fee percentage	3.00%	'
INREIT Management, LLC [Member]	'	'
Related Party Transaction [Line Items]	'	'
Advisory management fees	1,600,000	1,300,000
Financing fees for loan financing and refinancing activities	203,000	51,000
Financing fees for loan financing and refinancing outstanding	0	0
Disposition fees	25,000	28,000
Disposition fees outstanding	0	0
Development fees incurred	0	0
Real estate commissions	1,400,000	83,000
Real estate commissions outstanding	0	0
Rental Income	42,000	36,000
Dale Lian [Member]	'	'
Related Party Transaction [Line Items]	'	'
Brokerage fees value	0	943,000
Brokerage fees outstanding	0	0
Dale Lian [Member] | INREIT Common Shares Sold [Member]	'	'
Related Party Transaction [Line Items]	'	'
Brokerage fees base criteria percentage	8.00%	8.00%
GOLDMARK SCHLOSSMAN Commercial Real Estate Services [Member]	'	'
Related Party Transaction [Line Items]	'	'
Rental Income	40,000	0
Larry O' Callaghan [Member]	'	'
Related Party Transaction [Line Items]	'	'
Brokerage fees outstanding	0	0
Brokerage fees value	83,000	144,000
Larry O' Callaghan [Member] | INREIT Common Shares Sold [Member]	'	'
Related Party Transaction [Line Items]	'	'
Brokerage fees base criteria percentage	8.00%	8.00%
GOLDMARK Property Management [Member]	'	'
Related Party Transaction [Line Items]	'	'
Property management fee, percent fee	5.00%	5.00%
Management fee, amount paid	5,100,000	4,200,000
Rental Income	$179,000	$179,000

Recovered_Sheet7

Rentals under Operating Leases / Rental Income - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Residential Property [Member]	'	'
Real Estate Properties [Line Items]	'	'
Term of lease to individual tenants	'1 year	'
Gross revenue	$43.10	$35.30
Commercial Property [Member]	'	'
Real Estate Properties [Line Items]	'	'
Gross revenue	18.9	16.7
CAM (common area maintenance) income	$3.70	$3.40
Operating lease expiration year	'2036	'

Recovered_Sheet8

Rentals under Operating Leases / Rental Income - Details of Minimum Future Rentals on Non-Cancelable Operating Leases (Detail) (USD $)	Dec. 31, 2013
Operating Leases Future Minimum Payments Receivable [Abstract]	'
2014	$14,382
2015	13,945
2016	11,089
2017	9,700
2018	8,659
Thereafter	73,433
Total payments	$131,208

Property_Management_Fees_Addit

Property Management Fees - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Property Management Fees [Line Items]	'	'
Property management fees to unrelated management companies	$96,000	$85,000
Property management fees on various property management agreements, percentage on rental income	5.00%	'
GOLDMARK Property Management [Member]	'	'
Property Management Fees [Line Items]	'	'
Property management fees on various property management agreements, percentage on rental income	5.00%	5.00%
Property management fees to related party	$5,100,000	$4,200,000

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
INREIT Highland, LLC [Member] | Mortgages [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Amount to be Repaid	$960,000	$983,000
Grand Forks INREIT, LLC [Member] | Mortgages [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Amount to be Repaid	5,700,000	5,800,000
INREIT Properties, LLLP [Member] | Mortgages [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Amount to be Repaid	4,900,000	5,000,000
Multi-tenant apartment [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Apartments units	61	'
Multi-tenant apartment [Member] | INREIT Highland, LLC [Member] | Mortgages [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Mortgage Carrying Amount	2,400,000	2,400,000
Grand Forks INREIT, LLC [Member] | Grand Forks INREIT, LLC [Member] | Mortgages [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Mortgage Carrying Amount	11,400,000	11,700,000
Building One [Member] | INREIT Properties, LLLP [Member] | Mortgages [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Mortgage Carrying Amount	$7,300,000	$7,500,000
Highland Meadows, LLC, Bismarck, North Dakota [Member] | Multi-tenant apartment [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Apartments units	144	'
Grand Forks, ND [Member] | Grand Forks INREIT, LLC [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Area of commercial property	183,000	'
Fargo, North Dakota [Member] | Building One [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Percentage of interest	66.67%	'
Area of commercial property	75,000	'
Operating Partnership [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Percentage of interest	82.50%	'
Operating Partnership [Member] | Grand Forks INREIT, LLC [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Percentage of interest	50.00%	'
Operating Partnership [Member] | Highland Meadows, LLC, Bismarck, North Dakota [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Percentage of interest	40.26%	'
Operating Partnership [Member] | Grand Forks INREIT, LLC [Member]	'	'
Commitments And Contingencies [Line Items]	'	'
Percentage of interest	100.00%	'

Discontinued_Operations_Additi

Discontinued Operations - Additional Information (Detail) (USD $)	3 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2013	Mar. 31, 2012
	Fargo, North Dakota [Member]	Minot, North Dakota [Member]	Bismarck, North Dakota [Member]	Norfolk, Nebraska [Member]
	Land [Member]	Land [Member]	Land [Member]	Retail property [Member]
			Unit	sqft
Real Estate Properties [Line Items]	'	'	'	'
Revenue from sale of property in discontinued operations	$276,000	$583,000	$24,000,000	$350,000
Gain/(Loss) on sale of property in discontinued operations	$42,000	$114,000	$2,600,000	($88,000)
Sale of senior living property units	'	'	193	'
Area of property sold in discontinued operations	'	'	'	4,500

Discontinued_Operations_Schedu

Discontinued Operations - Schedule Showing Effect on Net Income and Gains /(Losses) from Sale of Properties Classified as Discontinued Operations (Detail) (Discontinued Operations [Member], USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Discontinued Operations [Member]	'	'
Income from rental operations	'	'
Real estate rental income	$1,626,000	$2,160,000
Tenant reimbursements	205,000	267,000
Total income from rental operations	1,831,000	2,427,000
Expenses from rental operations	'	'
Interest	299,000	886,000
Depreciation and amortization	542,000	724,000
Real estate taxes	206,000	256,000
Insurance	'	-1,000
Total expenses from rental operations	1,047,000	1,865,000
Administration of REIT	'	'
Acquisition and disposition expenses	25,000	90,000
Legal and accounting	'	2,000
Total administration of REIT	25,000	92,000
Total expenses	1,072,000	1,957,000
Income from operations	759,000	470,000
Other income	'	'
Interest income	'	3,000
Total other income	'	3,000
Income from discontinued operations before gain on sale	759,000	473,000
Gain on sale of discontinued operations	2,591,000	26,000
Gain from discontinued operations	$3,350,000	$499,000

Business_Combinations_2013_Pro

Business Combinations - 2013 Property Acquisitions - Additional Information (Detail) (USD $)

12 Months Ended

1 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Jan. 31, 2013

Oct. 31, 2013

Nov. 30, 2013

Oct. 31, 2013

Feb. 28, 2013

Feb. 28, 2013

Feb. 28, 2013

Feb. 28, 2013

Feb. 28, 2013

Feb. 28, 2013

Feb. 28, 2013

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

Feb. 28, 2013

31-May-13

Nov. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Oct. 31, 2013

Feb. 28, 2013

Feb. 28, 2013

Feb. 28, 2013

Oct. 31, 2013

Nov. 30, 2013

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Nov. 30, 2013

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Kenneth Regan [Member]

Kenneth Regan [Member]

Kenneth Regan [Member]

Messrs.Regan [Member]

Messrs.Regan [Member]

Messrs.Regan [Member]

Messrs.Regan [Member]

Wieland [Member]

Wieland [Member]

Wieland [Member]

Wieland [Member]

Wolf [Member]

Implement Dealership [Member]

Implement Dealership [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Business Combination In Fargo 5 [Member]

Business Combination In Fargo 6 [Member]

Business Combination In Fargo 7 [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Redwood Falls, Minnesota [Member]

Sioux City, Iowa [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Grand Forks, ND [Member]

Anoka, Minnesota [Member]

Bismarck, North Dakota [Member]

Bismarck, North Dakota [Member]

St. Louis Park, Minnesota [Member]

St. Louis Park, Minnesota [Member]

St. Louis Park, Minnesota [Member]

Little Canada, Minnesota [Member]

Implement Dealership [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Implement Dealership [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Business Combination in Fargo 20 [Member]

Business Combination in Fargo 21 [Member]

Business Combination in Fargo 22 [Member]

Business Combination in Fargo 23 [Member]

Business Combination In Fargo 1 [Member]

Business Combination In Fargo 2 [Member]

Business Combination In Fargo 3 [Member]

Business Combination In Fargo 4 [Member]

Business Combination In Fargo 5 [Member]

Business Combination In Fargo 6 [Member]

Business Combination In Fargo 7 [Member]

Business Combination In Fargo 9 [Member]

Business Combination in Fargo 11 [Member]

Business Combination In Fargo 11 [Member]

Business Combination In Fargo 8 [Member]

Apartment

Apartment

Apartment

Business Combination in Fargo 11 [Member]

Business Combination In Fargo 11 [Member]

Business Combination In Fargo 13 [Member]

Apartment

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Little Canada, Minnesota [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Little Canada, Minnesota [Member]

Little Canada, Minnesota [Member]

sqft

sqft

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Area of the property purchased

'

'

38,932

32,532

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase price

'

'

$4,700,000

$4,600,000

$900,000

$2,900,000

$2,300,000

$740,000

$714,000

$957,000

$1,000,000

$550,000

$950,000

$756,000

$3,100,000

'

$4,400,000

$11,500,000

$2,000,000

$636,000

$8,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Issuance of limited partnership units for acquisition

'

'

2,600,000

2,600,000

900,000

2,000,000

2,300,000

740,000

471,000

751,000

985,000

481,000

772,000

677,000

2,400,000

'

4,400,000

302,000

'

636,000

5,400,000

'

'

5,600,000

'

'

'

'

'

'

'

'

'

'

'

'

Debt issued to finance acquisition

'

'

1,800,000

1,800,000

'

'

'

'

263,000

238,000

'

'

210,000

'

'

'

'

'

'

'

2,300,000

'

'

20,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Apartment units acquired

'

'

'

'

18

48

42

20

12

30

39

15

25

18

59

'

96

132

38

12

151

'

'

444

'

'

'

'

'

'

'

'

'

'

'

'

Value of limited partnership units received by related parties

'

'

'

'

'

'

499,000

129,000

100,000

229,000

389,000

110,000

236,000

151,000

691,000

627,000

828,000

'

'

159,000

1,300,000

973,000

943,000

'

'

'

'

182,000

432,000

491,000

995,000

57,000

432,000

491,000

459,000

105,000

Cash paid to related party for purchase of property

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

51,000

69,000

43,000

'

'

'

'

'

'

'

'

'

Purchase price

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

27,100,000

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate number of limited partnership units issued for acquisition

2,400,000

396,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate value of limited partnership units issued for acquisition

34,000,000

5,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Price per limited partnership unit issued for acquisition

$14

$14

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Consideration in cash to pay for acquisitions

18,200,000

10,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Consideration in new loans to pay for acquisitions

$26,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Business_Combinations_Schedule

Business Combinations - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]	'	'
Property and Equipment	$75,994	$22,231
In Place Leases	1,776	1,732
Favorable Lease Terms	760	118
Unfavorable Lease Terms	'	-790
Mortgages Assumed	'	-7,569
Consideration Given	78,530	15,722
Titan Machinery, Redwood Falls, MN [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	3,902	'
In Place Leases	745	'
Favorable Lease Terms	11	'
Consideration Given	4,658	'
44th Street, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	2,310	'
Consideration Given	2,310	'
Forest Avenue, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	740	'
Consideration Given	740	'
Kennedy, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	714	'
Consideration Given	714	'
Pacific Park I, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	957	'
Consideration Given	957	'
Pacific Park II, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	1,036	'
Consideration Given	1,036	'
Pacific Park South, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	550	'
Consideration Given	550	'
Spring, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	950	'
Consideration Given	950	'
Stanford Court, Grand Forks, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	4,416	'
Consideration Given	4,416	'
Dellwood Estates, Anoka, MN [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	11,500	'
Consideration Given	11,500	'
Arbor Apartments, Bismarck, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	636	'
Consideration Given	636	'
Granger Court I, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	3,127	'
Consideration Given	3,127	'
Schrock Apartments, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	756	'
Consideration Given	756	'
Courtyard Apartments, St Louis Park, MN [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	8,758	'
Consideration Given	8,758	'
Sheridan Pointe Apartments, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	2,880	'
Consideration Given	2,880	'
Montreal Courts Apartments, Little Canada, MN [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	27,084	'
Consideration Given	27,084	'
Titan Machinery, Sioux City, IA [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	2,787	'
In Place Leases	1,031	'
Favorable Lease Terms	749	'
Consideration Given	4,567	'
Arbor Apartments II, Bismarck, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	650	'
Consideration Given	650	'
Arbor Apartments III, Bismarck, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	646	'
Consideration Given	646	'
Hannifin Apartments, Bismarck, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	731	'
Consideration Given	731	'
Monticello Apartments, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	864	'
Consideration Given	864	'
Dairy Queen, Dickinson, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	986
In Place Leases	'	226
Favorable Lease Terms	'	118
Consideration Given	'	1,330
Titan Machinery, Dickinson, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	1,450
In Place Leases	'	199
Unfavorable Lease Terms	'	-259
Mortgages Assumed	'	-431
Consideration Given	'	959
Titan Machinery, Minot, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	2,272
In Place Leases	'	358
Consideration Given	'	2,630
Land, Dickinson, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	400
Consideration Given	'	400
Land, Bismarck, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	2,420
Consideration Given	'	2,420
Guardian Building, Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	3,125
In Place Leases	'	531
Unfavorable Lease Terms	'	-206
Consideration Given	'	3,450
Prairiewood Meadows Apts., Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	3,450
Mortgages Assumed	'	-2,439
Consideration Given	'	1,011
Terrace on the Green Apts., Moorhead, MN [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	3,450
Mortgages Assumed	'	-2,199
Consideration Given	'	1,251
Titan Machinery - Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	2,728
In Place Leases	'	418
Unfavorable Lease Terms	'	-325
Mortgages Assumed	'	-1,251
Consideration Given	'	1,570
Candlelight Apartments - Fargo, ND [Member]	'	'
Business Acquisition [Line Items]	'	'
Property and Equipment	'	1,950
Mortgages Assumed	'	-1,249
Consideration Given	'	$701

Business_Combinations_2012_Pur

Business Combinations - 2012 Purchases - Additional Information (Detail) (USD $)

12 Months Ended

1 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Aug. 31, 2012

Mar. 31, 2012

Sep. 30, 2012

Sep. 30, 2012

Nov. 30, 2012

Jan. 31, 2012

Aug. 31, 2012

Oct. 31, 2012

Aug. 31, 2012

Aug. 31, 2012

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Operating Partnership [Member]

Land [Member]

Land [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Apartment Complex [Member]

Restaurant [Member]

Development [Member]

Implement Dealership [Member]

Implement Dealership [Member]

Commercial Property [Member]

Dickinson, North Dakota [Member]

Dickinson, North Dakota [Member]

Moorhead, MN [Member]

Fargo, North Dakota [Member]

Fargo, North Dakota [Member]

Dickinson, North Dakota [Member]

Bismarck, ND [Member]

Fargo, North Dakota [Member]

Minot, North Dakota [Member]

Fargo, North Dakota [Member]

acre

sqft

Apartment

Apartment

Business Combination In Fargo 16 [Member]

sqft

acre

Business Combination In Fargo 15 [Member]

sqft

sqft

Apartment

sqft

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Area of the property purchased

'

'

'

17,760

'

'

'

2,811

'

29,800

23,690

100,600

Purchase price

'

'

$400,000

$1,400,000

$3,450,000

$3,500,000

$2,000,000

$1,300,000

$2,400,000

$2,800,000

$2,600,000

$3,500,000

Issuance of limited partnership units for acquisition

'

'

'

959,000

796,000

'

'

1,300,000

'

1,500,000

'

965,000

Assumption of debt for financing acquisition

'

'

'

431,000

2,200,000

2,400,000

1,300,000

'

'

1,300,000

'

'

Area of the property purchased

'

'

2.5

'

'

'

'

'

12

'

'

'

Apartment units acquired

'

'

'

'

116

85

66

'

'

'

'

'

Aggregate number of limited partnership units issued for acquisition

2,400,000

396,000

'

'

'

'

'

'

'

'

'

'

Aggregate value of limited partnership units issued for acquisition

34,000,000

5,500,000

'

'

'

'

'

'

'

'

'

'

Price per limited partnership unit issued for acquisition

$14

$14

'

'

'

'

'

'

'

'

'

'

Consideration in cash paid for acquisitions

18,200,000

10,200,000

'

'

'

'

'

'

'

'

'

'

Assumption of acquisition debt, mortgages

'

$7,600,000

'

'

'

'

'

'

'

'

'

'

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (USD $)

12 Months Ended

0 Months Ended

1 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Jan. 15, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Grand Forks, ND [Member]

Messrs.Regan [Member]

Fargo, North Dakota [Member]

Hutchinson [Member]

Hutchinson [Member]

Hutchinson [Member]

Hutchinson [Member]

Crookston, Minnesota [Member]

Crookston, Minnesota [Member]

Crookston, Minnesota [Member]

Crookston, Minnesota [Member]

Subsequent Event [Member]

Apartment

Apartment

Messrs.Regan [Member]

Wieland [Member]

Furness [Member]

Apartment

Messrs.Regan [Member]

Wieland [Member]

Furness [Member]

Apartment

Subsequent Event [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Dividend or distribution paid

$0.84

$0.83

$0.21

'

'

'

'

'

'

'

'

'

'

'

Dividend or distribution paid date

15-Jan-14

'

'

'

'

'

'

'

'

'

'

'

'

'

Dividend or distribution paid, record date

31-Dec-13

'

'

'

'

'

'

'

'

'

'

'

'

'

Future dividend payable date

15-Apr-14

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of unit apartment complex

'

'

'

'

64

30

'

'

'

24

'

'

'

24

Business acquisition cost of acquired entity

'

'

'

'

$3,500,000

$1,100,000

'

'

'

$1,100,000

'

'

'

$1,300,000

Limited partnership units issued

'

'

'

$739,000

'

'

$216,000

$216,000

$108,000

'

$221,000

$221,000

$109,000

'

Recovered_Sheet9

Schedule III - Real Estate and Accumulated Depreciation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	$239,008
Initial cost to company, Land	63,173
Initial cost to company, Buildings	355,372
Costs capitalized subsequent to acquisition, land	1,958
Costs capitalized subsequent to acquisition, buildings	8,871
Gross Amount at which carried at close of period, Land	65,131
Gross Amount at which carried at close of period, Buildings.	364,243
Gross Amount at which carried at close of period, Total	429,374
Accumulated Depreciation	38,883
Industrial Property [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	12,056
Initial cost to company, Land	3,521
Initial cost to company, Buildings	16,939
Costs capitalized subsequent to acquisition, land	490
Costs capitalized subsequent to acquisition, buildings	-94
Gross Amount at which carried at close of period, Land	4,011
Gross Amount at which carried at close of period, Buildings.	16,845
Gross Amount at which carried at close of period, Total	20,856
Accumulated Depreciation	560
Land Property [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	'
Initial cost to company, Land	4,081
Initial cost to company, Buildings	'
Costs capitalized subsequent to acquisition, land	191
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	4,272
Gross Amount at which carried at close of period, Buildings.	'
Gross Amount at which carried at close of period, Total	4,272
Accumulated Depreciation	'
Medical Property [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	10,058
Initial cost to company, Land	3,212
Initial cost to company, Buildings	20,612
Costs capitalized subsequent to acquisition, land	12
Costs capitalized subsequent to acquisition, buildings	2,027
Gross Amount at which carried at close of period, Land	3,224
Gross Amount at which carried at close of period, Buildings.	22,639
Gross Amount at which carried at close of period, Total	25,863
Accumulated Depreciation	3,370
Residential Property [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	169,559
Initial cost to company, Land	32,997
Initial cost to company, Buildings	235,887
Costs capitalized subsequent to acquisition, land	995
Costs capitalized subsequent to acquisition, buildings	4,456
Gross Amount at which carried at close of period, Land	33,992
Gross Amount at which carried at close of period, Buildings.	240,343
Gross Amount at which carried at close of period, Total	274,335
Accumulated Depreciation	22,959
Office Property [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	26,691
Initial cost to company, Land	8,260
Initial cost to company, Buildings	50,839
Costs capitalized subsequent to acquisition, land	117
Costs capitalized subsequent to acquisition, buildings	2,756
Gross Amount at which carried at close of period, Land	8,377
Gross Amount at which carried at close of period, Buildings.	53,595
Gross Amount at which carried at close of period, Total	61,972
Accumulated Depreciation	8,492
Retail Property [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Encumbrances	20,644
Initial cost to company, Land	11,102
Initial cost to company, Buildings	31,095
Costs capitalized subsequent to acquisition, land	153
Costs capitalized subsequent to acquisition, buildings	-274
Gross Amount at which carried at close of period, Land	11,255
Gross Amount at which carried at close of period, Buildings.	30,821
Gross Amount at which carried at close of period, Total	42,076
Accumulated Depreciation	3,502
Guardian Building Products [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	2,318
Initial cost to company, Land	820
Initial cost to company, Buildings	2,554
Costs capitalized subsequent to acquisition, land	9
Costs capitalized subsequent to acquisition, buildings	-94
Gross Amount at which carried at close of period, Land	829
Gross Amount at which carried at close of period, Buildings.	2,460
Gross Amount at which carried at close of period, Total	3,289
Accumulated Depreciation	88
Date of Construction or Acquisition	29-Aug-12
Life on which depreciation on latest income statement is computed	'40 years
Titan Machinery Dickinson [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Dickinson
Encumbrances	996
Initial cost to company, Land	354
Initial cost to company, Buildings	1,096
Costs capitalized subsequent to acquisition, land	400
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	754
Gross Amount at which carried at close of period, Buildings.	1,096
Gross Amount at which carried at close of period, Total	1,850
Accumulated Depreciation	50
Date of Construction or Acquisition	31-Dec-08
Life on which depreciation on latest income statement is computed	'40 years
Titan Machinery Fargo [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,198
Initial cost to company, Land	781
Initial cost to company, Buildings	1,947
Costs capitalized subsequent to acquisition, land	'
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	781
Gross Amount at which carried at close of period, Buildings.	1,947
Gross Amount at which carried at close of period, Total	2,728
Accumulated Depreciation	61
Date of Construction or Acquisition	10-Dec-08
Life on which depreciation on latest income statement is computed	'40 years
Titan Machinery Marshall [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Marshall
Encumbrances	2,304
Initial cost to company, Land	300
Initial cost to company, Buildings	3,648
Costs capitalized subsequent to acquisition, land	81
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	381
Gross Amount at which carried at close of period, Buildings.	3,648
Gross Amount at which carried at close of period, Total	4,029
Accumulated Depreciation	205
Date of Construction or Acquisition	1-Nov-11
Life on which depreciation on latest income statement is computed	'40 years
Titan Machinery Minot [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Minot
Encumbrances	1,750
Initial cost to company, Land	618
Initial cost to company, Buildings	1,654
Costs capitalized subsequent to acquisition, land	'
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	618
Gross Amount at which carried at close of period, Buildings.	1,654
Gross Amount at which carried at close of period, Total	2,272
Accumulated Depreciation	59
Date of Construction or Acquisition	1-Aug-12
Life on which depreciation on latest income statement is computed	'40 years
Titan Machinery Redwood Falls [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Redwood Falls
Encumbrances	1,754
Initial cost to company, Land	333
Initial cost to company, Buildings	3,568
Costs capitalized subsequent to acquisition, land	'
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	333
Gross Amount at which carried at close of period, Buildings.	3,568
Gross Amount at which carried at close of period, Total	3,901
Accumulated Depreciation	82
Date of Construction or Acquisition	31-Jan-13
Life on which depreciation on latest income statement is computed	'40 years
Titan Machinery Sioux City [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'IA-Sioux City
Encumbrances	1,736
Initial cost to company, Land	315
Initial cost to company, Buildings	2,472
Costs capitalized subsequent to acquisition, land	'
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	315
Gross Amount at which carried at close of period, Buildings.	2,472
Gross Amount at which carried at close of period, Total	2,787
Accumulated Depreciation	15
Date of Construction or Acquisition	25-Oct-13
Life on which depreciation on latest income statement is computed	'40 years
Bio-Life [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck & Grand Forks;MI-Marquette; MN-Mankato;WI-Eau Claire, Janesville,Onalaska, Oshkosh, Sheboygan, Stevens Point
Encumbrances	10,058
Initial cost to company, Land	3,212
Initial cost to company, Buildings	20,612
Costs capitalized subsequent to acquisition, land	12
Costs capitalized subsequent to acquisition, buildings	2,027
Gross Amount at which carried at close of period, Land	3,224
Gross Amount at which carried at close of period, Buildings.	22,639
Gross Amount at which carried at close of period, Total	25,863
Accumulated Depreciation	3,370
Date of Construction or Acquisition	3-Jan-08
Bio-Life [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'8 years 4 months 24 days
Bio-Life [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
44th Street [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	333
Initial cost to company, Buildings	1,845
Costs capitalized subsequent to acquisition, land	3
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	336
Gross Amount at which carried at close of period, Buildings.	1,845
Gross Amount at which carried at close of period, Total	2,181
Accumulated Depreciation	42
Date of Construction or Acquisition	6-Feb-13
44th Street [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Arbor I/400 [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Initial cost to company, Land	73
Initial cost to company, Buildings	516
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	73
Gross Amount at which carried at close of period, Buildings.	516
Gross Amount at which carried at close of period, Total	589
Accumulated Depreciation	8
Date of Construction or Acquisition	4-Jun-13
Arbor I/400 [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Arbor II/404 [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Initial cost to company, Land	73
Initial cost to company, Buildings	538
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	73
Gross Amount at which carried at close of period, Buildings.	538
Gross Amount at which carried at close of period, Total	611
Accumulated Depreciation	2
Date of Construction or Acquisition	1-Nov-13
Arbor II/404 [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Arbor III/406 [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Initial cost to company, Land	71
Initial cost to company, Buildings	536
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	71
Gross Amount at which carried at close of period, Buildings.	536
Gross Amount at which carried at close of period, Total	607
Accumulated Depreciation	2
Date of Construction or Acquisition	1-Nov-13
Arbor III/406 [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Arneson [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	925
Initial cost to company, Land	151
Initial cost to company, Buildings	1,158
Costs capitalized subsequent to acquisition, land	10
Costs capitalized subsequent to acquisition, buildings	211
Gross Amount at which carried at close of period, Land	161
Gross Amount at which carried at close of period, Buildings.	1,369
Gross Amount at which carried at close of period, Total	1,530
Accumulated Depreciation	228
Date of Construction or Acquisition	23-Mar-07
Arneson [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'10 years
Arneson [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Autumn Ridge [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	6,186
Initial cost to company, Land	1,072
Initial cost to company, Buildings	8,875
Costs capitalized subsequent to acquisition, land	21
Costs capitalized subsequent to acquisition, buildings	19
Gross Amount at which carried at close of period, Land	1,093
Gross Amount at which carried at close of period, Buildings.	8,894
Gross Amount at which carried at close of period, Total	9,987
Accumulated Depreciation	1,683
Date of Construction or Acquisition	16-Aug-04
Autumn Ridge [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'9 years
Autumn Ridge [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Bayview [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	3,582
Initial cost to company, Land	285
Initial cost to company, Buildings	4,077
Costs capitalized subsequent to acquisition, land	5
Costs capitalized subsequent to acquisition, buildings	27
Gross Amount at which carried at close of period, Land	290
Gross Amount at which carried at close of period, Buildings.	4,104
Gross Amount at which carried at close of period, Total	4,394
Accumulated Depreciation	618
Date of Construction or Acquisition	31-Dec-07
Bayview [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Bayview [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Berkshire [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	311
Initial cost to company, Land	31
Initial cost to company, Buildings	406
Costs capitalized subsequent to acquisition, land	4
Costs capitalized subsequent to acquisition, buildings	6
Gross Amount at which carried at close of period, Land	35
Gross Amount at which carried at close of period, Buildings.	412
Gross Amount at which carried at close of period, Total	447
Accumulated Depreciation	60
Date of Construction or Acquisition	31-Mar-08
Berkshire [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Berkshire [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Brookfield [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,366
Initial cost to company, Land	196
Initial cost to company, Buildings	1,958
Costs capitalized subsequent to acquisition, land	35
Costs capitalized subsequent to acquisition, buildings	67
Gross Amount at which carried at close of period, Land	231
Gross Amount at which carried at close of period, Buildings.	2,025
Gross Amount at which carried at close of period, Total	2,256
Accumulated Depreciation	272
Date of Construction or Acquisition	1-Aug-08
Brookfield [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Brookfield [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Candlelight [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	613
Initial cost to company, Buildings	1,221
Costs capitalized subsequent to acquisition, land	-352
Costs capitalized subsequent to acquisition, buildings	351
Gross Amount at which carried at close of period, Land	261
Gross Amount at which carried at close of period, Buildings.	1,572
Gross Amount at which carried at close of period, Total	1,833
Accumulated Depreciation	65
Date of Construction or Acquisition	30-Nov-12
Candlelight [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'27 years 6 months
Candlelight [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Carling Manor [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	538
Initial cost to company, Land	62
Initial cost to company, Buildings	656
Costs capitalized subsequent to acquisition, land	7
Costs capitalized subsequent to acquisition, buildings	3
Gross Amount at which carried at close of period, Land	69
Gross Amount at which carried at close of period, Buildings.	659
Gross Amount at which carried at close of period, Total	728
Accumulated Depreciation	95
Date of Construction or Acquisition	31-Mar-08
Carling Manor [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Carlton [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	529
Initial cost to company, Buildings	7,207
Costs capitalized subsequent to acquisition, land	189
Costs capitalized subsequent to acquisition, buildings	53
Gross Amount at which carried at close of period, Land	718
Gross Amount at which carried at close of period, Buildings.	7,260
Gross Amount at which carried at close of period, Total	7,978
Accumulated Depreciation	966
Date of Construction or Acquisition	1-Sep-08
Carlton [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Carlton [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Chandler [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Initial cost to company, Land	26
Initial cost to company, Buildings	270
Costs capitalized subsequent to acquisition, land	5
Costs capitalized subsequent to acquisition, buildings	28
Gross Amount at which carried at close of period, Land	31
Gross Amount at which carried at close of period, Buildings.	298
Gross Amount at which carried at close of period, Total	329
Accumulated Depreciation	61
Date of Construction or Acquisition	3-Jan-05
Chandler [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Chandler [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Columbia West [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Initial cost to company, Land	283
Initial cost to company, Buildings	3,406
Costs capitalized subsequent to acquisition, land	13
Costs capitalized subsequent to acquisition, buildings	118
Gross Amount at which carried at close of period, Land	296
Gross Amount at which carried at close of period, Buildings.	3,524
Gross Amount at which carried at close of period, Total	3,820
Accumulated Depreciation	464
Date of Construction or Acquisition	1-Sep-08
Columbia West [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Columbia West [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Country Club [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	310
Initial cost to company, Land	252
Initial cost to company, Buildings	1,252
Costs capitalized subsequent to acquisition, buildings	70
Gross Amount at which carried at close of period, Land	252
Gross Amount at which carried at close of period, Buildings.	1,322
Gross Amount at which carried at close of period, Total	1,574
Accumulated Depreciation	86
Date of Construction or Acquisition	2-May-11
Country Club [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Countryside [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	310
Initial cost to company, Land	135
Initial cost to company, Buildings	677
Costs capitalized subsequent to acquisition, buildings	9
Gross Amount at which carried at close of period, Land	135
Gross Amount at which carried at close of period, Buildings.	686
Gross Amount at which carried at close of period, Total	821
Accumulated Depreciation	45
Date of Construction or Acquisition	2-May-11
Countryside [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Courtyard [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-St. Louis Park
Encumbrances	4,474
Initial cost to company, Land	2,270
Initial cost to company, Buildings	5,681
Costs capitalized subsequent to acquisition, buildings	6
Gross Amount at which carried at close of period, Land	2,270
Gross Amount at which carried at close of period, Buildings.	5,687
Gross Amount at which carried at close of period, Total	7,957
Accumulated Depreciation	47
Date of Construction or Acquisition	3-Sep-13
Courtyard [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Danbury [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	3,037
Initial cost to company, Land	252
Initial cost to company, Buildings	6,008
Costs capitalized subsequent to acquisition, land	138
Costs capitalized subsequent to acquisition, buildings	76
Gross Amount at which carried at close of period, Land	390
Gross Amount at which carried at close of period, Buildings.	6,084
Gross Amount at which carried at close of period, Total	6,474
Accumulated Depreciation	913
Date of Construction or Acquisition	31-Dec-07
Danbury [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Danbury [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Dellwood Estates [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Anoka
Encumbrances	8,146
Initial cost to company, Land	843
Initial cost to company, Buildings	9,966
Costs capitalized subsequent to acquisition, buildings	-362
Gross Amount at which carried at close of period, Land	843
Gross Amount at which carried at close of period, Buildings.	9,604
Gross Amount at which carried at close of period, Total	10,447
Accumulated Depreciation	160
Date of Construction or Acquisition	31-May-13
Dellwood Estates [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Eagle Run [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-West Fargo
Encumbrances	4,713
Initial cost to company, Land	562
Initial cost to company, Buildings	5,798
Costs capitalized subsequent to acquisition, land	51
Gross Amount at which carried at close of period, Land	613
Gross Amount at which carried at close of period, Buildings.	5,798
Gross Amount at which carried at close of period, Total	6,411
Accumulated Depreciation	495
Date of Construction or Acquisition	12-Aug-10
Eagle Run [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Emerald Court [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	637
Initial cost to company, Land	63
Initial cost to company, Buildings	830
Costs capitalized subsequent to acquisition, land	4
Costs capitalized subsequent to acquisition, buildings	66
Gross Amount at which carried at close of period, Land	67
Gross Amount at which carried at close of period, Buildings.	896
Gross Amount at which carried at close of period, Total	963
Accumulated Depreciation	126
Date of Construction or Acquisition	31-Mar-08
Emerald Court [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Emerald Court [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Fairview [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	3,256
Initial cost to company, Land	267
Initial cost to company, Buildings	3,978
Costs capitalized subsequent to acquisition, buildings	74
Gross Amount at which carried at close of period, Land	267
Gross Amount at which carried at close of period, Buildings.	4,052
Gross Amount at which carried at close of period, Total	4,319
Accumulated Depreciation	506
Date of Construction or Acquisition	31-Dec-08
Fairview [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Fairview [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Flickertail [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	5,947
Initial cost to company, Land	428
Initial cost to company, Buildings	5,650
Costs capitalized subsequent to acquisition, land	5
Costs capitalized subsequent to acquisition, buildings	107
Gross Amount at which carried at close of period, Land	433
Gross Amount at which carried at close of period, Buildings.	5,757
Gross Amount at which carried at close of period, Total	6,190
Accumulated Depreciation	713
Date of Construction or Acquisition	31-Dec-08
Flickertail [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Forest Avenue [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	492
Initial cost to company, Land	61
Initial cost to company, Buildings	637
Gross Amount at which carried at close of period, Land	61
Gross Amount at which carried at close of period, Buildings.	637
Gross Amount at which carried at close of period, Total	698
Accumulated Depreciation	15
Date of Construction or Acquisition	6-Feb-13
Forest Avenue [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Galleria Third [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	630
Initial cost to company, Land	118
Initial cost to company, Buildings	681
Gross Amount at which carried at close of period, Land	118
Gross Amount at which carried at close of period, Buildings.	681
Gross Amount at which carried at close of period, Total	799
Accumulated Depreciation	54
Date of Construction or Acquisition	9-Nov-10
Galleria Third [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Glen Pond [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Eagan
Encumbrances	16,096
Initial cost to company, Land	3,761
Initial cost to company, Buildings	20,833
Costs capitalized subsequent to acquisition, buildings	94
Gross Amount at which carried at close of period, Land	3,761
Gross Amount at which carried at close of period, Buildings.	20,927
Gross Amount at which carried at close of period, Total	24,688
Accumulated Depreciation	1,088
Date of Construction or Acquisition	2-Dec-11
Glen Pond [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Glen Pond [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Granger Court I [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	284
Initial cost to company, Buildings	2,619
Costs capitalized subsequent to acquisition, land	-4
Gross Amount at which carried at close of period, Land	280
Gross Amount at which carried at close of period, Buildings.	2,619
Gross Amount at which carried at close of period, Total	2,899
Accumulated Depreciation	38
Date of Construction or Acquisition	4-Jun-13
Granger Court I [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Hannifin [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Initial cost to company, Land	81
Initial cost to company, Buildings	607
Gross Amount at which carried at close of period, Land	81
Gross Amount at which carried at close of period, Buildings.	607
Gross Amount at which carried at close of period, Total	688
Accumulated Depreciation	3
Date of Construction or Acquisition	1-Nov-13
Hannifin [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Hunter Apts (Betty Ann & Martha Alice) [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,203
Initial cost to company, Land	148
Initial cost to company, Buildings	1,507
Costs capitalized subsequent to acquisition, land	1
Costs capitalized subsequent to acquisition, buildings	59
Gross Amount at which carried at close of period, Land	149
Gross Amount at which carried at close of period, Buildings.	1,566
Gross Amount at which carried at close of period, Total	1,715
Accumulated Depreciation	171
Date of Construction or Acquisition	31-Aug-09
Hunter Apts (Betty Ann & Martha Alice) [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Hunter Apts (Betty Ann & Martha Alice) [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Hunter's Run II [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	44
Initial cost to company, Buildings	441
Costs capitalized subsequent to acquisition, land	2
Gross Amount at which carried at close of period, Land	46
Gross Amount at which carried at close of period, Buildings.	441
Gross Amount at which carried at close of period, Total	487
Accumulated Depreciation	61
Date of Construction or Acquisition	1-Jul-08
Hunter's Run II [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Islander [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	98
Initial cost to company, Buildings	884
Gross Amount at which carried at close of period, Land	98
Gross Amount at which carried at close of period, Buildings.	884
Gross Amount at which carried at close of period, Total	982
Accumulated Depreciation	55
Date of Construction or Acquisition	1-Jul-11
Islander [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Kennedy [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	536
Initial cost to company, Land	84
Initial cost to company, Buildings	588
Costs capitalized subsequent to acquisition, land	1
Costs capitalized subsequent to acquisition, buildings	3
Gross Amount at which carried at close of period, Land	85
Gross Amount at which carried at close of period, Buildings.	591
Gross Amount at which carried at close of period, Total	676
Accumulated Depreciation	10
Date of Construction or Acquisition	6-Feb-13
Kennedy [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Library Lane [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	1,915
Initial cost to company, Land	279
Initial cost to company, Buildings	2,401
Costs capitalized subsequent to acquisition, land	23
Costs capitalized subsequent to acquisition, buildings	121
Gross Amount at which carried at close of period, Land	302
Gross Amount at which carried at close of period, Buildings.	2,522
Gross Amount at which carried at close of period, Total	2,824
Accumulated Depreciation	382
Date of Construction or Acquisition	1-Oct-07
Library Lane [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Library Lane [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Maple Ridge [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'NE-Omaha
Encumbrances	4,353
Initial cost to company, Land	766
Initial cost to company, Buildings	5,608
Costs capitalized subsequent to acquisition, buildings	1,191
Gross Amount at which carried at close of period, Land	766
Gross Amount at which carried at close of period, Buildings.	6,799
Gross Amount at which carried at close of period, Total	7,565
Accumulated Depreciation	843
Date of Construction or Acquisition	1-Aug-08
Maple Ridge [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Maple Ridge [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Maplewood Bend I, II, III. IV, V, VI, VII, VIII & Royale [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	5,580
Initial cost to company, Land	781
Initial cost to company, Buildings	5,852
Costs capitalized subsequent to acquisition, land	2
Costs capitalized subsequent to acquisition, buildings	178
Gross Amount at which carried at close of period, Land	783
Gross Amount at which carried at close of period, Buildings.	6,030
Gross Amount at which carried at close of period, Total	6,813
Accumulated Depreciation	497
Date of Construction or Acquisition	1-Jan-09
Maplewood Bend I, II, III. IV, V, VI, VII, VIII & Royale [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Maplewood Bend I, II, III. IV, V, VI, VII, VIII & Royale [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Mayfair [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	822
Initial cost to company, Land	73
Initial cost to company, Buildings	1,043
Costs capitalized subsequent to acquisition, land	8
Costs capitalized subsequent to acquisition, buildings	20
Gross Amount at which carried at close of period, Land	81
Gross Amount at which carried at close of period, Buildings.	1,063
Gross Amount at which carried at close of period, Total	1,144
Accumulated Depreciation	145
Date of Construction or Acquisition	1-Jul-08
Mayfair [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Mayfair [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Monticello [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	60
Initial cost to company, Buildings	752
Gross Amount at which carried at close of period, Land	60
Gross Amount at which carried at close of period, Buildings.	752
Gross Amount at which carried at close of period, Total	812
Accumulated Depreciation	3
Date of Construction or Acquisition	8-Nov-13
Monticello [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Montreal Courts Maturing on October-2023 [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Little Canada
Encumbrances	19,976
Initial cost to company, Land	5,808
Initial cost to company, Buildings	19,687
Gross Amount at which carried at close of period, Land	5,808
Gross Amount at which carried at close of period, Buildings.	19,687
Gross Amount at which carried at close of period, Total	25,495
Accumulated Depreciation	123
Date of Construction or Acquisition	2-Oct-13
Montreal Courts Maturing on October-2023 [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Oak Court [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,863
Initial cost to company, Land	265
Initial cost to company, Buildings	2,354
Costs capitalized subsequent to acquisition, land	5
Costs capitalized subsequent to acquisition, buildings	188
Gross Amount at which carried at close of period, Land	270
Gross Amount at which carried at close of period, Buildings.	2,542
Gross Amount at which carried at close of period, Total	2,812
Accumulated Depreciation	346
Date of Construction or Acquisition	30-Mar-08
Oak Court [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'27 years 6 months
Oak Court [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Pacific Park I [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	798
Initial cost to company, Land	95
Initial cost to company, Buildings	772
Costs capitalized subsequent to acquisition, buildings	32
Gross Amount at which carried at close of period, Land	95
Gross Amount at which carried at close of period, Buildings.	804
Gross Amount at which carried at close of period, Total	899
Accumulated Depreciation	18
Date of Construction or Acquisition	6-Feb-13
Pacific Park I [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Pacific Park II [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	683
Initial cost to company, Land	111
Initial cost to company, Buildings	865
Costs capitalized subsequent to acquisition, buildings	32
Gross Amount at which carried at close of period, Land	111
Gross Amount at which carried at close of period, Buildings.	897
Gross Amount at which carried at close of period, Total	1,008
Accumulated Depreciation	20
Date of Construction or Acquisition	6-Feb-13
Pacific Park II [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Pacific Park South [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	421
Initial cost to company, Land	58
Initial cost to company, Buildings	459
Gross Amount at which carried at close of period, Land	58
Gross Amount at which carried at close of period, Buildings.	459
Gross Amount at which carried at close of period, Total	517
Accumulated Depreciation	11
Date of Construction or Acquisition	6-Feb-13
Pacific Park South [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Parkwood [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,208
Initial cost to company, Land	124
Initial cost to company, Buildings	1,145
Costs capitalized subsequent to acquisition, land	8
Costs capitalized subsequent to acquisition, buildings	5
Gross Amount at which carried at close of period, Land	132
Gross Amount at which carried at close of period, Buildings.	1,150
Gross Amount at which carried at close of period, Total	1,282
Accumulated Depreciation	155
Date of Construction or Acquisition	1-Aug-08
Parkwood [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Pebble Creek [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	4,700
Initial cost to company, Land	234
Initial cost to company, Buildings	3,372
Costs capitalized subsequent to acquisition, land	26
Costs capitalized subsequent to acquisition, buildings	32
Gross Amount at which carried at close of period, Land	260
Gross Amount at which carried at close of period, Buildings.	3,404
Gross Amount at which carried at close of period, Total	3,664
Accumulated Depreciation	497
Date of Construction or Acquisition	19-Mar-08
Pebble Creek [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Pebble Creek [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Prairiewood Courts [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,539
Initial cost to company, Land	306
Initial cost to company, Buildings	1,853
Costs capitalized subsequent to acquisition, land	10
Costs capitalized subsequent to acquisition, buildings	5
Gross Amount at which carried at close of period, Land	316
Gross Amount at which carried at close of period, Buildings.	1,858
Gross Amount at which carried at close of period, Total	2,174
Accumulated Depreciation	324
Date of Construction or Acquisition	1-Sep-06
Prairiewood Courts [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Prairiewood Courts [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Prairiewood Meadows [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	2,386
Initial cost to company, Land	736
Initial cost to company, Buildings	2,514
Gross Amount at which carried at close of period, Land	736
Gross Amount at which carried at close of period, Buildings.	2,514
Gross Amount at which carried at close of period, Total	3,250
Accumulated Depreciation	84
Date of Construction or Acquisition	30-Sep-12
Prairiewood Meadows [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Richfield [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	6,488
Initial cost to company, Land	688
Initial cost to company, Buildings	6,346
Costs capitalized subsequent to acquisition, land	72
Costs capitalized subsequent to acquisition, buildings	256
Gross Amount at which carried at close of period, Land	760
Gross Amount at which carried at close of period, Buildings.	6,602
Gross Amount at which carried at close of period, Total	7,362
Accumulated Depreciation	1,056
Date of Construction or Acquisition	1-Jul-07
Richfield [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Richfield [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Rosegate [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	2,373
Initial cost to company, Land	224
Initial cost to company, Buildings	2,978
Costs capitalized subsequent to acquisition, land	32
Costs capitalized subsequent to acquisition, buildings	84
Gross Amount at which carried at close of period, Land	256
Gross Amount at which carried at close of period, Buildings.	3,062
Gross Amount at which carried at close of period, Total	3,318
Accumulated Depreciation	442
Date of Construction or Acquisition	30-Apr-08
Rosegate [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Rosegate [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Saddlebrook [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,107
Initial cost to company, Land	148
Initial cost to company, Buildings	1,262
Costs capitalized subsequent to acquisition, land	13
Costs capitalized subsequent to acquisition, buildings	-15
Gross Amount at which carried at close of period, Land	161
Gross Amount at which carried at close of period, Buildings.	1,247
Gross Amount at which carried at close of period, Total	1,408
Accumulated Depreciation	157
Date of Construction or Acquisition	31-Dec-08
Saddlebrook [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Schrock [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	71
Initial cost to company, Buildings	626
Gross Amount at which carried at close of period, Land	71
Gross Amount at which carried at close of period, Buildings.	626
Gross Amount at which carried at close of period, Total	697
Accumulated Depreciation	9
Date of Construction or Acquisition	4-Jun-13
Schrock [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Sheridan Pointe [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	292
Initial cost to company, Buildings	2,424
Gross Amount at which carried at close of period, Land	292
Gross Amount at which carried at close of period, Buildings.	2,424
Gross Amount at which carried at close of period, Total	2,716
Accumulated Depreciation	15
Date of Construction or Acquisition	1-Oct-13
Sheridan Pointe [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Sierra Ridge [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	6,031
Initial cost to company, Land	704
Initial cost to company, Buildings	8,795
Costs capitalized subsequent to acquisition, land	55
Costs capitalized subsequent to acquisition, buildings	2
Gross Amount at which carried at close of period, Land	759
Gross Amount at which carried at close of period, Buildings.	8,797
Gross Amount at which carried at close of period, Total	9,556
Accumulated Depreciation	973
Date of Construction or Acquisition	1-Sep-06
Sierra Ridge [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Somerset [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	3,318
Initial cost to company, Land	233
Initial cost to company, Buildings	3,431
Costs capitalized subsequent to acquisition, land	73
Gross Amount at which carried at close of period, Land	306
Gross Amount at which carried at close of period, Buildings.	3,431
Gross Amount at which carried at close of period, Total	3,737
Accumulated Depreciation	472
Date of Construction or Acquisition	1-Jul-08
Somerset [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Southgate [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	3,019
Initial cost to company, Land	774
Initial cost to company, Buildings	5,299
Costs capitalized subsequent to acquisition, land	30
Costs capitalized subsequent to acquisition, buildings	-112
Gross Amount at which carried at close of period, Land	804
Gross Amount at which carried at close of period, Buildings.	5,187
Gross Amount at which carried at close of period, Total	5,991
Accumulated Depreciation	842
Date of Construction or Acquisition	1-Jul-07
Southgate [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Southview III [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	236
Initial cost to company, Land	99
Initial cost to company, Buildings	554
Costs capitalized subsequent to acquisition, buildings	35
Gross Amount at which carried at close of period, Land	99
Gross Amount at which carried at close of period, Buildings.	589
Gross Amount at which carried at close of period, Total	688
Accumulated Depreciation	34
Date of Construction or Acquisition	1-Aug-11
Southview III [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Southview Villages [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	2,094
Initial cost to company, Land	254
Initial cost to company, Buildings	2,519
Costs capitalized subsequent to acquisition, land	13
Costs capitalized subsequent to acquisition, buildings	122
Gross Amount at which carried at close of period, Land	267
Gross Amount at which carried at close of period, Buildings.	2,641
Gross Amount at which carried at close of period, Total	2,908
Accumulated Depreciation	403
Date of Construction or Acquisition	1-Oct-07
Southview Villages [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Southview Villages [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Spring [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	651
Initial cost to company, Land	76
Initial cost to company, Buildings	822
Gross Amount at which carried at close of period, Land	76
Gross Amount at which carried at close of period, Buildings.	822
Gross Amount at which carried at close of period, Total	898
Accumulated Depreciation	19
Date of Construction or Acquisition	6-Feb-13
Spring [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Stanford Court [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Initial cost to company, Land	291
Initial cost to company, Buildings	3,866
Costs capitalized subsequent to acquisition, buildings	41
Gross Amount at which carried at close of period, Land	291
Gross Amount at which carried at close of period, Buildings.	3,907
Gross Amount at which carried at close of period, Total	4,198
Accumulated Depreciation	89
Date of Construction or Acquisition	6-Feb-13
Stanford Court [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Stanford Court [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Stonybrook [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'NE-Omaha
Encumbrances	5,575
Initial cost to company, Land	1,439
Initial cost to company, Buildings	8,003
Costs capitalized subsequent to acquisition, buildings	559
Gross Amount at which carried at close of period, Land	1,439
Gross Amount at which carried at close of period, Buildings.	8,562
Gross Amount at which carried at close of period, Total	10,001
Accumulated Depreciation	965
Date of Construction or Acquisition	20-Jan-09
Stonybrook [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Stonybrook [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Sunset Ridge [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	9,146
Initial cost to company, Land	1,561
Initial cost to company, Buildings	11,015
Costs capitalized subsequent to acquisition, land	233
Costs capitalized subsequent to acquisition, buildings	11
Gross Amount at which carried at close of period, Land	1,794
Gross Amount at which carried at close of period, Buildings.	11,026
Gross Amount at which carried at close of period, Total	12,820
Accumulated Depreciation	1,265
Date of Construction or Acquisition	6-Jun-08
Sunset Ridge [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'9 years
Sunset Ridge [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Sunview [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	1,230
Initial cost to company, Land	144
Initial cost to company, Buildings	1,614
Costs capitalized subsequent to acquisition, land	1
Costs capitalized subsequent to acquisition, buildings	42
Gross Amount at which carried at close of period, Land	145
Gross Amount at which carried at close of period, Buildings.	1,656
Gross Amount at which carried at close of period, Total	1,801
Accumulated Depreciation	206
Date of Construction or Acquisition	31-Dec-08
Sunview [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Sunview [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Sunwood [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	3,032
Initial cost to company, Land	274
Initial cost to company, Buildings	3,402
Costs capitalized subsequent to acquisition, land	91
Costs capitalized subsequent to acquisition, buildings	122
Gross Amount at which carried at close of period, Land	365
Gross Amount at which carried at close of period, Buildings.	3,524
Gross Amount at which carried at close of period, Total	3,889
Accumulated Depreciation	572
Date of Construction or Acquisition	1-Jul-07
Sunwood [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Sunwood [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Terrace On Green [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Moorhead
Encumbrances	2,163
Initial cost to company, Land	697
Initial cost to company, Buildings	2,588
Gross Amount at which carried at close of period, Land	697
Gross Amount at which carried at close of period, Buildings.	2,588
Gross Amount at which carried at close of period, Total	3,285
Accumulated Depreciation	86
Date of Construction or Acquisition	30-Sep-12
Terrace On Green [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Twin Parks [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	2,359
Initial cost to company, Land	125
Initial cost to company, Buildings	2,072
Costs capitalized subsequent to acquisition, land	11
Costs capitalized subsequent to acquisition, buildings	56
Gross Amount at which carried at close of period, Land	136
Gross Amount at which carried at close of period, Buildings.	2,128
Gross Amount at which carried at close of period, Total	2,264
Accumulated Depreciation	275
Date of Construction or Acquisition	1-Oct-08
Twin Parks [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Twin Parks [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Village [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	1,085
Initial cost to company, Land	166
Initial cost to company, Buildings	1,435
Costs capitalized subsequent to acquisition, land	8
Costs capitalized subsequent to acquisition, buildings	53
Gross Amount at which carried at close of period, Land	174
Gross Amount at which carried at close of period, Buildings.	1,488
Gross Amount at which carried at close of period, Total	1,662
Accumulated Depreciation	189
Date of Construction or Acquisition	1-Nov-08
Village [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Village Park [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	884
Initial cost to company, Land	225
Initial cost to company, Buildings	1,958
Costs capitalized subsequent to acquisition, land	16
Costs capitalized subsequent to acquisition, buildings	7
Gross Amount at which carried at close of period, Land	241
Gross Amount at which carried at close of period, Buildings.	1,965
Gross Amount at which carried at close of period, Total	2,206
Accumulated Depreciation	276
Date of Construction or Acquisition	30-Apr-08
Village Park [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Village West [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	349
Initial cost to company, Buildings	2,274
Costs capitalized subsequent to acquisition, land	32
Costs capitalized subsequent to acquisition, buildings	12
Gross Amount at which carried at close of period, Land	381
Gross Amount at which carried at close of period, Buildings.	2,286
Gross Amount at which carried at close of period, Total	2,667
Accumulated Depreciation	323
Date of Construction or Acquisition	30-Apr-08
Village West [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Westside [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Hawley
Initial cost to company, Land	59
Initial cost to company, Buildings	360
Gross Amount at which carried at close of period, Land	59
Gross Amount at which carried at close of period, Buildings.	360
Gross Amount at which carried at close of period, Total	419
Accumulated Depreciation	35
Date of Construction or Acquisition	1-Feb-10
Westside [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Westwind [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	354
Initial cost to company, Land	43
Initial cost to company, Buildings	508
Costs capitalized subsequent to acquisition, land	6
Costs capitalized subsequent to acquisition, buildings	22
Gross Amount at which carried at close of period, Land	49
Gross Amount at which carried at close of period, Buildings.	530
Gross Amount at which carried at close of period, Total	579
Accumulated Depreciation	73
Date of Construction or Acquisition	30-Apr-08
Westwind [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Westwind [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Westwood [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	5,041
Initial cost to company, Land	528
Initial cost to company, Buildings	6,455
Costs capitalized subsequent to acquisition, land	82
Costs capitalized subsequent to acquisition, buildings	118
Gross Amount at which carried at close of period, Land	610
Gross Amount at which carried at close of period, Buildings.	6,573
Gross Amount at which carried at close of period, Total	7,183
Accumulated Depreciation	917
Date of Construction or Acquisition	5-Jun-08
Westwood [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Westwood [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Willow Park [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	4,434
Initial cost to company, Land	288
Initial cost to company, Buildings	5,298
Costs capitalized subsequent to acquisition, land	7
Costs capitalized subsequent to acquisition, buildings	152
Gross Amount at which carried at close of period, Land	295
Gross Amount at which carried at close of period, Buildings.	5,450
Gross Amount at which carried at close of period, Total	5,745
Accumulated Depreciation	666
Date of Construction or Acquisition	31-Dec-08
Willow Park [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Aetna [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	6,945
Initial cost to company, Land	1,265
Initial cost to company, Buildings	7,372
Costs capitalized subsequent to acquisition, land	25
Costs capitalized subsequent to acquisition, buildings	358
Gross Amount at which carried at close of period, Land	1,290
Gross Amount at which carried at close of period, Buildings.	7,730
Gross Amount at which carried at close of period, Total	9,020
Accumulated Depreciation	1,287
Date of Construction or Acquisition	6-Dec-06
Aetna [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
First International Bank And Trust [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Moorhead
Initial cost to company, Land	212
Initial cost to company, Buildings	712
Costs capitalized subsequent to acquisition, land	1
Costs capitalized subsequent to acquisition, buildings	88
Gross Amount at which carried at close of period, Land	213
Gross Amount at which carried at close of period, Buildings.	800
Gross Amount at which carried at close of period, Total	1,013
Accumulated Depreciation	55
Date of Construction or Acquisition	13-May-11
First International Bank And Trust [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'10 years
First International Bank And Trust [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
32nd Avenue [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	2,272
Initial cost to company, Land	616
Initial cost to company, Buildings	3,300
Costs capitalized subsequent to acquisition, land	20
Costs capitalized subsequent to acquisition, buildings	43
Gross Amount at which carried at close of period, Land	636
Gross Amount at which carried at close of period, Buildings.	3,343
Gross Amount at which carried at close of period, Total	3,979
Accumulated Depreciation	813
Date of Construction or Acquisition	16-Mar-04
32nd Avenue [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'3 years
32nd Avenue [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Four Points [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	67
Initial cost to company, Buildings	1,238
Costs capitalized subsequent to acquisition, land	4
Costs capitalized subsequent to acquisition, buildings	11
Gross Amount at which carried at close of period, Land	71
Gross Amount at which carried at close of period, Buildings.	1,249
Gross Amount at which carried at close of period, Total	1,320
Accumulated Depreciation	192
Date of Construction or Acquisition	18-Oct-07
Echelon [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,161
Initial cost to company, Land	286
Initial cost to company, Buildings	1,491
Costs capitalized subsequent to acquisition, land	-6
Costs capitalized subsequent to acquisition, buildings	1
Gross Amount at which carried at close of period, Land	280
Gross Amount at which carried at close of period, Buildings.	1,492
Gross Amount at which carried at close of period, Total	1,772
Accumulated Depreciation	248
Date of Construction or Acquisition	15-May-07
Echelon [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Gate City [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	1,050
Initial cost to company, Land	375
Initial cost to company, Buildings	917
Costs capitalized subsequent to acquisition, land	8
Costs capitalized subsequent to acquisition, buildings	35
Gross Amount at which carried at close of period, Land	383
Gross Amount at which carried at close of period, Buildings.	952
Gross Amount at which carried at close of period, Total	1,335
Accumulated Depreciation	133
Date of Construction or Acquisition	31-Mar-08
Gate City [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Goldmark Office Park [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	4,664
Initial cost to company, Land	1,104
Initial cost to company, Buildings	14,797
Costs capitalized subsequent to acquisition, land	56
Costs capitalized subsequent to acquisition, buildings	687
Gross Amount at which carried at close of period, Land	1,160
Gross Amount at which carried at close of period, Buildings.	15,484
Gross Amount at which carried at close of period, Total	16,644
Accumulated Depreciation	2,477
Date of Construction or Acquisition	1-Jul-07
Goldmark Office Park [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'4 years 9 months
Goldmark Office Park [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Great American Bldg [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	1,072
Initial cost to company, Land	502
Initial cost to company, Buildings	1,626
Costs capitalized subsequent to acquisition, land	9
Costs capitalized subsequent to acquisition, buildings	27
Gross Amount at which carried at close of period, Land	511
Gross Amount at which carried at close of period, Buildings.	1,653
Gross Amount at which carried at close of period, Total	2,164
Accumulated Depreciation	309
Date of Construction or Acquisition	1-Feb-05
Great American Bldg [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'27 years 6 months
Great American Bldg [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Midtown Plaza [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Minot
Initial cost to company, Land	30
Initial cost to company, Buildings	1,207
Costs capitalized subsequent to acquisition, buildings	6
Gross Amount at which carried at close of period, Land	30
Gross Amount at which carried at close of period, Buildings.	1,213
Gross Amount at which carried at close of period, Total	1,243
Accumulated Depreciation	263
Date of Construction or Acquisition	1-Jan-04
Braun Research [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'NE-Norfolk
Initial cost to company, Land	112
Initial cost to company, Buildings	483
Gross Amount at which carried at close of period, Land	112
Gross Amount at which carried at close of period, Buildings.	483
Gross Amount at which carried at close of period, Total	595
Accumulated Depreciation	28
Date of Construction or Acquisition	7-Sep-11
Regis [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Edina
Encumbrances	9,527
Initial cost to company, Land	2,991
Initial cost to company, Buildings	7,633
Gross Amount at which carried at close of period, Land	2,991
Gross Amount at which carried at close of period, Buildings.	7,633
Gross Amount at which carried at close of period, Total	10,624
Accumulated Depreciation	963
Date of Construction or Acquisition	1-Jan-09
Regis [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Ssa [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-St Cloud
Initial cost to company, Land	100
Initial cost to company, Buildings	2,793
Costs capitalized subsequent to acquisition, buildings	7
Gross Amount at which carried at close of period, Land	100
Gross Amount at which carried at close of period, Buildings.	2,800
Gross Amount at which carried at close of period, Total	2,900
Accumulated Depreciation	473
Date of Construction or Acquisition	20-Mar-07
Ssa [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Wells Fargo Center [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Duluth
Initial cost to company, Land	600
Initial cost to company, Buildings	7,270
Costs capitalized subsequent to acquisition, buildings	1,493
Gross Amount at which carried at close of period, Land	600
Gross Amount at which carried at close of period, Buildings.	8,763
Gross Amount at which carried at close of period, Total	9,363
Accumulated Depreciation	1,251
Date of Construction or Acquisition	11-Jul-07
Wells Fargo Center [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'4 years
Banner [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	7,349
Initial cost to company, Land	750
Initial cost to company, Buildings	8,016
Costs capitalized subsequent to acquisition, land	22
Costs capitalized subsequent to acquisition, buildings	70
Gross Amount at which carried at close of period, Land	772
Gross Amount at which carried at close of period, Buildings.	8,086
Gross Amount at which carried at close of period, Total	8,858
Accumulated Depreciation	1,344
Date of Construction or Acquisition	15-Mar-07
Banner [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
GF Marketplace [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Grand Forks
Encumbrances	11,432
Initial cost to company, Land	4,259
Initial cost to company, Buildings	15,801
Costs capitalized subsequent to acquisition, land	135
Costs capitalized subsequent to acquisition, buildings	9
Gross Amount at which carried at close of period, Land	4,394
Gross Amount at which carried at close of period, Buildings.	15,810
Gross Amount at which carried at close of period, Total	20,204
Accumulated Depreciation	3,764
Date of Construction or Acquisition	10-Mar-03
GF Marketplace [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'8 years 3 months
GF Marketplace [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Highland Meadows [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	2,384
Initial cost to company, Land	624
Initial cost to company, Buildings	2,591
Costs capitalized subsequent to acquisition, land	224
Costs capitalized subsequent to acquisition, buildings	109
Gross Amount at which carried at close of period, Land	848
Gross Amount at which carried at close of period, Buildings.	2,700
Gross Amount at which carried at close of period, Total	3,548
Accumulated Depreciation	811
Date of Construction or Acquisition	31-Jul-11
Ashbury [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Initial cost to company, Land	308
Initial cost to company, Buildings	2,517
Gross Amount at which carried at close of period, Land	308
Gross Amount at which carried at close of period, Buildings.	2,517
Gross Amount at which carried at close of period, Total	2,825
Accumulated Depreciation	31
Date of Construction or Acquisition	7-Jan-13
Ashbury [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Banner Land [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Encumbrances	'
Initial cost to company, Land	929
Initial cost to company, Buildings	'
Costs capitalized subsequent to acquisition, land	41
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	970
Gross Amount at which carried at close of period, Buildings.	'
Gross Amount at which carried at close of period, Total	970
Accumulated Depreciation	'
Date of Construction or Acquisition	3-Jul-07
Stonefield Land [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Bismarck
Encumbrances	'
Initial cost to company, Land	2,483
Initial cost to company, Buildings	'
Costs capitalized subsequent to acquisition, land	150
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	2,633
Gross Amount at which carried at close of period, Buildings.	'
Gross Amount at which carried at close of period, Total	2,633
Accumulated Depreciation	'
Date of Construction or Acquisition	1-Aug-12
Taco Bell Land [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'CO-Denver
Encumbrances	'
Initial cost to company, Land	669
Initial cost to company, Buildings	'
Costs capitalized subsequent to acquisition, buildings	'
Gross Amount at which carried at close of period, Land	669
Gross Amount at which carried at close of period, Buildings.	'
Gross Amount at which carried at close of period, Total	669
Accumulated Depreciation	'
Date of Construction or Acquisition	14-Jun-11
Applebees - Apple Valley [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Apple Valley
Initial cost to company, Land	560
Initial cost to company, Buildings	1,235
Gross Amount at which carried at close of period, Land	560
Gross Amount at which carried at close of period, Buildings.	1,235
Gross Amount at which carried at close of period, Total	1,795
Accumulated Depreciation	93
Date of Construction or Acquisition	27-Jan-11
Applebees - Apple Valley [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Applebees - Bloomington [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Bloomington
Initial cost to company, Land	1,000
Initial cost to company, Buildings	474
Costs capitalized subsequent to acquisition, land	11
Gross Amount at which carried at close of period, Land	1,011
Gross Amount at which carried at close of period, Buildings.	474
Gross Amount at which carried at close of period, Total	1,485
Accumulated Depreciation	41
Date of Construction or Acquisition	22-Mar-10
Applebees - Bloomington [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Applebees - Coon Rapids [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Coon Rapids
Initial cost to company, Land	750
Initial cost to company, Buildings	875
Gross Amount at which carried at close of period, Land	750
Gross Amount at which carried at close of period, Buildings.	875
Gross Amount at which carried at close of period, Total	1,625
Accumulated Depreciation	84
Date of Construction or Acquisition	9-Mar-10
Applebees - Coon Rapids [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Applebees - Savage [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Savage
Initial cost to company, Land	690
Initial cost to company, Buildings	424
Gross Amount at which carried at close of period, Land	690
Gross Amount at which carried at close of period, Buildings.	424
Gross Amount at which carried at close of period, Total	1,114
Accumulated Depreciation	45
Date of Construction or Acquisition	1-Jan-10
Becker Furniture [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Waite Park
Initial cost to company, Land	150
Initial cost to company, Buildings	2,065
Costs capitalized subsequent to acquisition, buildings	-226
Gross Amount at which carried at close of period, Land	150
Gross Amount at which carried at close of period, Buildings.	1,839
Gross Amount at which carried at close of period, Total	1,989
Accumulated Depreciation	387
Date of Construction or Acquisition	12-Jul-06
Becker Furniture [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Buffalo Wild Wings [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'TX-Austin
Initial cost to company, Land	575
Initial cost to company, Buildings	1,663
Costs capitalized subsequent to acquisition, buildings	1
Gross Amount at which carried at close of period, Land	575
Gross Amount at which carried at close of period, Buildings.	1,664
Gross Amount at which carried at close of period, Total	2,239
Accumulated Depreciation	146
Date of Construction or Acquisition	30-Jul-10
Buffalo Wild Wings [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Dairy Queen Dickinson [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Dickinson
Encumbrances	709
Initial cost to company, Land	329
Initial cost to company, Buildings	658
Gross Amount at which carried at close of period, Land	329
Gross Amount at which carried at close of period, Buildings.	658
Gross Amount at which carried at close of period, Total	987
Accumulated Depreciation	33
Date of Construction or Acquisition	19-Jan-12
Dairy Queen Dickinson [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Dairy Queen Moorhead [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MN-Moorhead
Initial cost to company, Land	243
Initial cost to company, Buildings	787
Costs capitalized subsequent to acquisition, land	1
Gross Amount at which carried at close of period, Land	244
Gross Amount at which carried at close of period, Buildings.	787
Gross Amount at which carried at close of period, Total	1,031
Accumulated Depreciation	52
Date of Construction or Acquisition	13-May-11
Dairy Queen Moorhead [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'20 years
Mandan Family Dollar [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Mandan
Initial cost to company, Land	117
Initial cost to company, Buildings	649
Gross Amount at which carried at close of period, Land	117
Gross Amount at which carried at close of period, Buildings.	649
Gross Amount at which carried at close of period, Total	766
Accumulated Depreciation	50
Date of Construction or Acquisition	14-Dec-10
Mandan Family Dollar [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Mandan O Reilly [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Mandan
Initial cost to company, Land	165
Initial cost to company, Buildings	449
Gross Amount at which carried at close of period, Land	165
Gross Amount at which carried at close of period, Buildings.	449
Gross Amount at which carried at close of period, Total	614
Accumulated Depreciation	35
Date of Construction or Acquisition	14-Dec-10
Mandan O Reilly [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Walgreens - Batesville, AR [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'AR-Batesville
Encumbrances	6,460
Initial cost to company, Land	473
Initial cost to company, Buildings	6,406
Gross Amount at which carried at close of period, Land	473
Gross Amount at which carried at close of period, Buildings.	6,406
Gross Amount at which carried at close of period, Total	6,879
Accumulated Depreciation	721
Date of Construction or Acquisition	9-Jul-09
Walgreens - Batesville, AR [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Walgreens - Fayetteville, AR [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'AR-Fayetteville
Encumbrances	4,962
Initial cost to company, Land	636
Initial cost to company, Buildings	4,733
Gross Amount at which carried at close of period, Land	636
Gross Amount at which carried at close of period, Buildings.	4,733
Gross Amount at which carried at close of period, Total	5,369
Accumulated Depreciation	532
Date of Construction or Acquisition	9-Jul-09
Walgreens CO [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'CO-Denver
Encumbrances	4,339
Initial cost to company, Land	2,349
Initial cost to company, Buildings	2,358
Gross Amount at which carried at close of period, Land	2,349
Gross Amount at which carried at close of period, Buildings.	2,358
Gross Amount at which carried at close of period, Total	4,707
Accumulated Depreciation	152
Date of Construction or Acquisition	14-Jun-11
Walgreens CO [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Walgreens - LA [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'LA-Alexandria
Encumbrances	2,097
Initial cost to company, Land	1,090
Initial cost to company, Buildings	2,972
Costs capitalized subsequent to acquisition, buildings	1
Gross Amount at which carried at close of period, Land	1,090
Gross Amount at which carried at close of period, Buildings.	2,973
Gross Amount at which carried at close of period, Total	4,063
Accumulated Depreciation	298
Date of Construction or Acquisition	18-Dec-09
Walgreens - LA [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'27 years 6 months
Walgreens - LA [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Walgreens - MS [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'MS-Laurel
Encumbrances	2,077
Initial cost to company, Land	1,280
Initial cost to company, Buildings	2,975
Costs capitalized subsequent to acquisition, buildings	9
Gross Amount at which carried at close of period, Land	1,280
Gross Amount at which carried at close of period, Buildings.	2,984
Gross Amount at which carried at close of period, Total	4,264
Accumulated Depreciation	261
Date of Construction or Acquisition	30-Jul-10
Walgreens - MS [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years
Westpointe Center [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Physical Location	'ND-Fargo
Initial cost to company, Land	695
Initial cost to company, Buildings	2,372
Costs capitalized subsequent to acquisition, land	141
Costs capitalized subsequent to acquisition, buildings	-59
Gross Amount at which carried at close of period, Land	836
Gross Amount at which carried at close of period, Buildings.	2,313
Gross Amount at which carried at close of period, Total	3,149
Accumulated Depreciation	$572
Date of Construction or Acquisition	30-Jun-06
Westpointe Center [Member] | Minimum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'5 years
Westpointe Center [Member] | Maximum [Member]	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'
Life on which depreciation on latest income statement is computed	'40 years

Changes_in_Real_Estate_Investm

Changes in Real Estate Investments (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Real Estate And Accumulated Depreciation Disclosure [Abstract]	'	'
Beginning balance	$394,746	$387,382
Purchase of real estate investments	80,294	24,432
Sale of investment property	-24,564	-958
Provision for asset impairment	-226	-262
Reclassification of equity method investments	'	-15,848
Ending balance	$450,250	$394,746

Changes_in_Accumulated_Depreci

Changes in Accumulated Depreciation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Real Estate And Accumulated Depreciation Disclosure [Abstract]	'	'
Beginning balance	$38,780	$31,281
Depreciation expense	10,887	9,650
Sale of investment property	-2,609	-52
Reclassification of equity method investments	'	-2,099
Ending balance	$47,058	$38,780

Changes_in_Real_Estate_Investm1

Changes in Real Estate Investments (Parenthetical) (Detail) (USD $)	Dec. 31, 2013
In Millions, unless otherwise specified
Real Estate And Accumulated Depreciation Disclosure [Abstract]	'
The aggregate cost of our real estate for federal income tax purposes	$397