Reven Housing REIT (RVEN) 10-K 25 Mar 14 2013 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 25, 2014	Jun. 30, 2013
Document Information [Line Items]	'	'	'
Entity Registrant Name	'Reven Housing REIT, Inc.	'	'
Entity Central Index Key	'0001487782	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Trading Symbol	'RVEN	'	'
Entity Common Stock, Shares Outstanding	'	87,860,880	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Public Float	'	'	$1,152,795

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
Investment in real estate:	'	'
Land	$2,514,009	$67,019
Buildings and improvements	10,064,626	276,391
Investment in real estate,Gross	12,578,635	343,410
Accumulated depreciation	-76,200	-1,400
Investment in real estate, net	12,502,435	342,010
Cash	2,134,510	5,763
Rents and other receivables	10,053	3,375
Escrow deposits and prepaid expenses	151,128	0
Deferred stock issuance costs	35,000	50,000
Total Assets	14,833,126	401,148
LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	'	'
Convertible notes payable - officer, net of debt discount of $123,430 in 2012, and $0 in 2013	0	128,746
Convertible notes payable, net of debt discount of $122,364 in 2012, and $0 in 2013	0	127,635
Convertible notes payable - shareholders, net of debt discount of $25,539 in 2012, and $0 in 2013	0	26,638
Accounts payable and accrued expenses	347,179	119,978
Accrued interest and security deposits	156,985	14,770
Related party advance	0	266,877
Total Liabilities	504,164	684,644
Commitments (Note 9)	'	'
Stockholders' (Deficit) Equity	'	'
Preferred stock, $.001 par value; 25,000,000 shares authorized; No shares issued & outstanding	0	0
Common stock, $.001 par value; 600,000,000 shares authorized; 8,350,000 shares issued & outstanding at December 31, 2012 and 87,860,880 at December 31, 2013	87,861	8,350
Additional paid-in capital	15,953,180	349,513
Accumulated deficit	-1,712,079	-641,359
Total Stockholders' (Deficit) Equity	14,328,962	-283,496
Total Liabilities and Stockholders' (Deficit) Equity	$14,833,126	$401,148

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Notes payable related parties, net of discount (in dollars)	$0	$123,430
Notes payable, net of discount (in dollars)	0	122,364
Notes payable shareholders, net of debt discount (in dollars)	$0	$25,539
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	87,860,880	8,350,000
Common stock, shares outstanding	87,860,880	8,350,000

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Rental income	$342,243	$6,750
Operating expenses:	'	'
Rental expenses	136,679	1,006
General and administrative	366,071	132,261
Legal and accounting	195,156	396,797
Interest expense	77,004	13,258
Amortization of discount on notes payable	563,253	56,530
Depreciation expense	74,800	1,400
Total operating expenses	1,412,963	601,252
Loss from continuing operations	-1,070,720	-594,502
Income from discontinued operations, net of taxes	0	334
Net loss	($1,070,720)	($594,168)
Net loss per share from continuing operations	'	'
(Basic and fully diluted) (in dollars per share)	($0.04)	($0.06)
Net loss per share from discontinued operations	'	'
(Basic and fully diluted) (in dollars per share)	$0	$0
Weighted average number of common shares outstanding (in shares)	26,732,284	9,170,492

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ (DEFICIT) EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Balances at Dec. 31, 2011	($17,191)	$10,000	$20,000	($47,191)
Balances (in shares) at Dec. 31, 2011	'	10,000,000	'	'
Shares returned to treasury	0	-1,650	1,650	'
Shares returned to treasury (in shares)	'	-1,650,000	'	'
Fair value of note conversion feature and warrants issued	327,863	'	327,863	'
Net loss for the year	-594,168	'	'	-594,168
Balances at Dec. 31, 2012	-283,496	8,350	349,513	-641,359
Balances (in shares) at Dec. 31, 2012	'	8,350,000	'	'
Fair value of note conversion feature and warrants issued	291,920	'	291,920	'
Shares issued on conversion of notes	902,176	4,511	897,665	'
Shares issued on conversion of notes (in shares)	'	4,510,880	'	'
Issuances of shares	14,489,082	75,000	14,414,082	'
Issuances of shares (in shares)	'	75,000,000	'	'
Net loss for the year	-1,070,720	'	'	-1,070,720
Balances at Dec. 31, 2013	$14,328,962	$87,861	$15,953,180	($1,712,079)
Balances (in shares) at Dec. 31, 2013	'	87,860,880	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash Flows From Operating Activities:	'	'
Net loss	($1,070,720)	($594,168)
Net income from discontinued operations	0	-334
Adjustments to reconcile net loss to net cash used for operating activities:	'	'
Amortization of debt discount	563,253	56,530
Depreciation expense	74,800	1,400
Changes in operating assets and liabilities:	'	'
Rents and other receivables	-6,678	-3,375
Accounts payable, accrued expenses, accrued interest and security deposits	369,416	131,958
Related party advances	-266,877	266,877
Net cash used for operating activities - continuing operations	-336,806	-141,112
Net cash provided for operating activities - discontinued operations	0	334
Net cash used for operating activities	-336,806	-140,778
Cash Flows From Investing Activities:	'	'
Acquisition of residential homes	-12,235,225	-343,410
Escrows deposits and prepaid expenses	-151,128	0
Net cash used for investing activities	-12,386,353	-343,410
Cash Flows From Financing Activities:	'	'
Proceeds from convertible notes payable	500,000	554,352
Payment of convertible notes payable	-152,176	-15,000
Deferred stock issuance costs	-35,000	-50,000
Net proceeds from common stock issuance	14,539,082	0
Net cash provided by financing activities	14,851,906	489,352
Net Increase In Cash	2,128,747	5,164
Cash at the Beginning of the Year	5,763	599
Cash at the End of the Year	2,134,510	5,763
Supplemental Disclosure of Non-Cash Investing and Financing Activities:	'	'
Debt discount for allocation of proceeds to warrants and beneficial conversion feature of debt	291,920	327,863
Conversion of debt to common shares	902,176	0
Deferred costs of common stock issuance	50,000	0
Supplemental Disclosure:	'	'
Cash paid for interest	88,821	2,790
Cash paid for income taxes	$0	$0

ORGANIZATION_OPERATIONS_AND_SU

ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	'
	NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Reven Housing REIT, Inc. and Subsidiaries (the “Company”) (formerly known as Bureau of Fugitive Recovery, Inc.) was incorporated in the State of Colorado on April 26, 1995. The Company previously provided bounty hunting services for bail bond businesses through July 2, 2012.
	On July 2, 2012 Chad M. Carpenter purchased an aggregate of 5,999,300 shares of the outstanding common stock of the Company from certain of the Company’s stockholders in a private transaction. In connection with the transaction, an aggregate of 1,650,000 shares of the Company’s outstanding common stock were returned to treasury for cancellation. Immediately upon the closing of the transaction, Mr. Carpenter became the majority shareholder and Chief Executive Officer of the Company and beneficially owned stock representing 71.8 percent of the outstanding voting shares of the Company.
	The Company formally changed its name from Bureau of Fugitive Recovery, Inc. to “Reven Housing REIT, Inc.” and commenced activities to acquire portfolios of occupied and rented single-family houses throughout the United States in accordance with its new business plan. The Company’s business plan involves (i) acquiring portfolios of rented houses from investors; and (ii) receiving income from rental property activity and future profits from sale of rental property at appreciated values.
	Discontinued Operations
	On July 2, 2012, the Company discontinued operations related to the Bureau of Fugitive Recovery, Inc. upon Chad M. Carpenter becoming the majority shareholder of the Company. Accordingly, the former operations are classified as discontinued operations in the accompanying consolidated statements of operations.
	Basis of Accounting
	The accompanying consolidated financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”).
	Principles of Consolidation
	The accompanying financial statements consolidate the accounts of the Company and its wholly-owned subsidiaries, Reven Housing Georgia, LLC and Reven Housing Texas, LLC. All significant inter-company transactions have been eliminated in consolidation.
	New Accounting Pronouncements
	The Company has adopted all recently issued accounting pronouncements. The adoption of the accounting pronouncements, including those not yet effective, is not anticipated to have a material effect on the financial position or results of operations of the Company.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents.
	Rents and Other Receivables
	Rents and other receivables represent the amount of rent receivables, security deposits and net rental funds which are held by the property manager on behalf of the Company, net of any allowance for amounts deemed uncollectible.
	Deferred Stock Issuance Costs
	Deferred stock issuance costs represent amounts paid for consulting services and other offering expenses in conjunction with the future raising of additional capital to be performed within one year. These costs are charged against additional paid-in capital as a cost of the stock issuance upon closing of the respective stock placement.
	Concentration of Risk
	Financial instruments, which potentially subject the Company to concentrations of credit risk, consist of cash. The Company’s cash in excess of the Federal Deposit Insurance Corporation insured limits at December 31, 2013, were approximately $1,911,000. The Company does not believe it is exposed to any significant credit risk due to the quality nature of the financial instruments in which the money is held.
	Warrant Issuance and Note Conversion Feature
	The Company accounts for the proceeds from the issuance of convertible notes payable with detachable stock purchase warrants and embedded conversion features in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 470-20, Debt with Conversion and Other Options. Under FASB ASC 470-20, the proceeds from the issuance of a debt instrument with detachable stock purchase warrants shall be allocated to the two elements based on the relative fair values of the debt instrument without the warrants and of the warrants themselves at the time of issuance. The portion of the proceeds allocated to the warrants is accounted for as additional paid-in capital and the remaining proceeds are allocated to the debt instrument which resulted in a discount to debt which is amortized and charged as interest expense over the term of the note agreement. Additionally, pursuant to FASB ASC 470-20, the intrinsic value of the embedded conversion feature of the convertible notes payable is included in the discount to debt and amortized and charged to interest expense over the life of the note agreement.
	Revenue Recognition
	Property is leased under rental agreements of generally one year and revenue is recognized over the lease term on a straight-line basis.
	Income Taxes
	The Company intends to elect to be taxed as a REIT, as defined in the Internal Revenue Code, commencing with the taxable year ended December 31, 2014. Management believes that the Company will be able to satisfy the requirements for qualification as a REIT. Accordingly, the Company is not expecting to be subject to federal income tax, provided that it qualifies as a REIT and distributions to the stockholders equal or exceed REIT taxable income.
	However, qualification and taxation as a REIT depend upon the Company’s ability to meet the various qualification tests imposed under the Internal Revenue Code related to the percentage of income that are earned from specified sources, the percentage of assets that fall within specified categories, the diversity of capital stock ownership, and the percentage of earnings that are distributed. Accordingly, no assurance can be given that the Company will be organized or be able to operate in a manner so as to qualify or remain qualified as a REIT. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal and state income tax (including any applicable alternative minimum tax) on its taxable income at regular corporate tax rates, and the Company may be ineligible to qualify as a REIT for four subsequent tax years. Even if the Company qualifies as a REIT, it may be subject to certain state or local income taxes.
	The tax benefit of uncertain tax positions is recognized only if it is “more likely than not” that the tax position will be sustained, based solely on its technical merits, with the taxing authority having full knowledge of relevant information. The measurement of a tax benefit for an uncertain tax position that meets the “more likely than not” threshold is based on a cumulative probability model under which the largest amount of tax benefit recognized is the amount with a greater than 50% likelihood of being realized upon ultimate settlement with the taxing authority, having full knowledge of all the relevant information. As of December 31, 2012 and 2013, the Company had no unrecognized tax benefits. The Company does not anticipate a significant change in the total amount of unrecognized tax benefits during 2014.
	Incentive Compensation Plan
	During 2012, the Company established the 2012 Incentive Compensation Plan, which was subsequently amended and restated in December 2013 (“2012 Plan”). The 2012 Plan allows for the grant of options and other awards representing up to 33,000,000 shares of the Company’s common stock. Such awards may be granted to officers, directors, employees, consultants and other persons who provide services to the Company or any related entity. Under the 2012 Plan, options may be granted at an exercise price greater than or equal to the market value at the date of the grant, for owners of 10% or more of the voting shares, at an exercise price of not less than 110% of the market value. Awards are exercisable over a period of time as determined by a committee designated by the Board of Directors, but in no event longer than ten years. No awards have been granted as of December 31, 2013.
	Net Loss Per Share
	Net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share. For the year ended December 31, 2012 there were no shares that were potentially dilutive. For the year ended December 31, 2013, potentially dilutive securities excluded from the calculations were 5,271,760 shares issuable upon exercise of outstanding warrants granted in conjunction with the convertible notes.
	Financial Instruments
	The carrying value of the Company’s financial instruments, as reported in the accompanying consolidated balance sheets, approximates fair value.
	Security Deposits
	Security deposits represent amounts deposited by tenants at the inception of the lease.
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with 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 balance sheet dates and reported amounts of expenses for the periods presented. Accordingly, actual results could differ from those estimates. Significant estimates include assumptions used to value warrants and conversion features associated with convertible notes payable (Note 3). Further, significant estimates include assumptions used to determine the allocation of purchase prices of property acquisitions (Note 1).
	Property Acquisitions
	The Company accounts for its acquisitions of real estate in accordance with FASB ASC 805, Accounting for Business Combinations, Goodwill, and Other Intangible Assets, which requires the purchase price of acquired properties be allocated to the acquired tangible assets and liabilities, consisting of land, building, and identified intangible assets, consisting of the value of above-market and below-market leases, the value of in-place leases, unamortized lease origination costs and security deposits, based in each case on their fair values.
	The Company allocates the purchase price to tangible assets of an acquired property (which includes land and building) based on the estimated fair values of those tangible assets, assuming the property was vacant. Fair value for land and building is based on the purchase price for these properties. The Company also considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities in estimating the fair values of the tangible and intangible assets and liabilities acquired.
	The total value allocable to intangible assets acquired, which consists of unamortized lease origination costs and in-place leases (including an above-market or below-market component of an acquired in-place lease), are allocated based on management’s evaluation of the specific characteristics of each tenant’s lease and the Company’s overall relationship with that respective tenant. Characteristics considered by management in allocating these values include the nature and extent of the existing business relationships with the 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. For acquisitions made in 2012 and 2013, management has determined that no value is required to be allocated to intangible assets, as the leases assumed are short-term with values that are insignificant.
	Land, Buildings and Improvements
	Land, buildings and improvements are recorded at cost and depreciated over estimated useful lives of approximately 27.5 years using the straight-line method. Maintenance and repair costs are charged to operations as incurred.
	The Company assesses the impairment of long-lived assets, whenever events or changes in business circumstances indicate that carrying amounts of the assets may not be fully recoverable. When such events occur, management determines whether there has been impairment by comparing the asset’s carrying value with its fair value, as measured by the anticipated undiscounted net cash flows of the asset. Should impairment exist, the asset is written down to its estimated fair value. The Company has not recognized any impairment losses through December 31, 2013.
	Reclassifications
	Certain amounts for 2012 have been reclassified to conform to the current year’s presentation.

RESIDENTIAL_HOMES_NET

RESIDENTIAL HOMES, NET	12 Months Ended
	Dec. 31, 2013
Residential Homes [Abstract]	'
Residential Homes [Text Block]	'
	NOTE 2. RESIDENTIAL HOMES, NET
	Reven Housing Georgia, LLC (a wholly owned subsidiary of Reven Housing REIT, Inc.) completed the acquisition of nine residential homes. The nine homes are located in various cities in Georgia. Five of these homes were purchased in 2012 and the remaining four homes were purchased on January 10, 2013.
	On October 4, 2013, Reven Housing Texas, LLC (a wholly owned subsidiary of Reven Housing REIT, Inc.) entered into a purchase and sale agreement for the purchase of a portfolio of 170 single family homes located in the Houston, Texas metropolitan area. On October 31, 2013, the Company closed and completed the purchase of 150 of the homes at a total cost of $11,971,797 including closing expenses (Note 10).
	Residential homes purchased by the Company are recorded at cost. The Homes are depreciated over the estimated useful lives using the straight-line method for financial reporting purposes. The estimated useful life for the residential homes is estimated to be 27.5 years. The Homes are leased on short-term leases expiring on various dates over the coming year.
	The following table represents the Company’s net investment in the homes and allocates purchase price in accordance with ASC 805:
													Investment
		Number					Residential		Total		Accumulated		In Real Estate
		of Homes		Land			Homes		Investment		Depreciation		Net
	Purchased during 2012:
	Georgia		5	$	67,019		$	276,391	$	343,410	$	-1,400	$	342,010
	Total at December 31, 2012		5		67,019			276,391		343,410		-1,400		342,010
	Purchased during 2013:
	Georgia		4		52,631			210,797		263,428		-16,800		246,628
	Texas		150		2,394,359			9,577,438		11,971,797		-58,000		11,913,797
	Total at December 31, 2013		159	$	2,514,009		$	10,064,626	$	12,578,635	$	-76,200	$	12,502,435
	Net investment in homes, as shown above, consists of the following as of December 31:
		2012						2,013
		Number		Investment		Number			Investment
		of Homes		Net		of Homes			Net
	Leased		5	$	342,010			146	$	11,579,899
	Vacant		-		-			13		922,536
			5	$	342,010			159	$	12,502,435

CONVERTIBLE_NOTES_PAYABLE

CONVERTIBLE NOTES PAYABLE	12 Months Ended
	Dec. 31, 2013
Convertible Notes Payable [Abstract]	'
Convertible Notes Payable [Text Block]	'
	NOTE 3. CONVERTIBLE NOTES PAYABLE
	The Company issued convertible promissory notes (the “Notes”) to certain accredited investors, shareholders, and officers in the aggregate principal amount of $1,054,352. Of this total, $500,000 was issued on January 3, 2013 in order to fund the four residential homes purchased in January 2013 and to pay operating expenses. The maturity date for the Notes was the earlier of December 31, 2013, or upon the Company raising $5 million or more of equity capital. The Notes bore interest at a rate of 10 percent per annum payable in full on the maturity date and were unsecured. Upon the Company successfully raising additional capital, the Notes could be exchanged by the holders for such securities of the Company at the same price and on the same terms and conditions being offered to the other investors in such financing, and the principal and accrued interest under the Notes could be applied towards the purchase price of such security. The Notes could be prepaid in whole or in part at the Company’s option without penalty.
	Of the total Notes, $652,176 were issued to an officer, $350,000 were issued to accredited investors, and $52,176 to shareholders.
	On September 27, 2013, in connection with the Company’s sale of common stock through a private placement (Note 5), convertible notes with a principal balance of $902,176 were exchanged for 4,510,880 shares of common stock at a conversion price of $0.20 per share and retired. Also in connection with the private placement, notes with a principal balance of $152,176 were paid in full with cash payments. Additionally, the Company paid accrued interest of $82,071 on all the convertible notes with cash payments.
	Warrant Issuance and Note Conversion Feature
	In connection with the issuance of the above Notes, the Company also issued to the investors 5-year detachable warrants exercisable for shares of the Company’s common stock (the “Warrants”). The exercise price of the Warrants is at the same price per share as the price of the equity securities sold to investors in the qualified equity financing, and each Warrant provides for 100% warrant coverage on the principal amount of the related Note.
	The fair value of the Warrants and debt beneficial conversion feature were determined using the Monte-Carlo simulation valuation model that uses assumptions for expected volatility, expected dividends, and the risk-free interest rate. Expected volatilities were based on weighted averages of the selected peer group of thirteen companies as the Company has limited trading history and were estimated over the expected term of the Warrants. The risk-free rate was based on the U.S. Treasury yield curve at the date of issuance for the period of the expected term.
	Accordingly, the fair value of the proceeds attributable to Warrants of $309,892 and the debt beneficial conversion feature of $309,891 totaling $619,783, was recorded as an increase in additional paid-in capital and as a corresponding discount to the convertible notes payable. Of the total debt discount  of $619,783, $327,863 and  $291,920 was recorded to additional paid-in capital and debt discount during 2012 and 2013, respectively. The discount was amortized over the term of the convertible notes payable using the interest method. In connection with the Company’s private placement of common stock and the corresponding conversion and retirement of the Notes, all remaining discount was recognized as an expense as of September 27, 2013. Amortization of the discount amounted to $56,530 and $563,253 and is included as a separate expense on the Consolidated Statements of Operations for the years ended December 31, 2012 and 2013, respectively.
	A summary of the assumptions used to value the warrants and the beneficial conversion feature are as follows:
		2012			2013
	Risk -free interest rate		0.79	%		1.4	%
	Expected stock volatility		48	%		47	%
	Time to expiration (years)		5			5
	Fair value of common stock	$	1		$	0.2
	Expected dividends	$	0		$	0

ACCOUNTS_PAYABLE_AND_ACCRUED_E

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2013
Accounts Payable and Accrued Liabilities [Abstract]	'
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	'
	NOTE 4. ACCOUNTS PAYABLE AND ACCRUED EXPENSES
	At December 31, 2012 and 2013, accounts payable and accrued expenses consisted of the following:
		2012		2013
	Accounts payable	$	-	$	89,666
	Accrued property taxes		-		196,141
	Accrued legal fees		119,978		61,372
		$	119,978	$	347,179

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Stockholders Equity Note Disclosure [Text Block]	'
	NOTE 5. STOCKHOLDERS’ EQUITY
	On September 27, 2013, the Company entered into a stock purchase agreement with King APEX Group II, Ltd. and King APEX Group III, Ltd., which are funds managed by Allied Fortune (“HK”) Management Limited, a Hong Kong based funds management company, in connection with a private placement of up to 125,000,000 shares of its common stock at a price of $0.20 per share, for aggregate gross proceeds of up to $25 million. Under the terms of this agreement, a total of 75,000,000 shares at a gross price of $15,000,000 were purchased through December 31, 2013. Cash proceeds after offering expenses were $14,539,082, plus an additional non-cash expense of $50,000 representing additional deferred costs relating to the private placement resulting in net proceeds of $14,489,082.
	In connection with the private placement of the Company’s common stock pursuant to the stock purchase agreement mentioned above, the Company also entered into a convertible promissory note conversion agreement on September 27, 2013 with certain holders of its outstanding 10% convertible promissory notes. Pursuant to the note conversion agreement, the Company agreed to issue shares of its common stock to those holders of the notes desiring to convert their convertible notes at the conversion price of $0.20 per share for the cancellation of the outstanding principal amounts under those notes. Certain holders elected to receive, and the Company agreed to make, cash payments on the outstanding principal amounts on their notes in lieu of shares of common stock. In addition, the Company agreed to make cash payments on all the accrued interest due under the notes. As a result of the above, the Company issued 4,510,880 shares and closed on the conversion of $902,176 of aggregate principal of the Company’s outstanding notes. The remaining $152,176 of outstanding principal and all of the accrued interest under the notes of $82,071 have been repaid in full. Additionally in connection with the Company’s private placement, the number of Warrants issued and outstanding to the note holders was set at 5,271,760 shares at an exercise price of $0.20 per share.  The warrants will expire on September 27, 2018, if not exercised prior to that date.
	As a result of the issuance of the 75,000,000 shares to King APEX Group II, Ltd. and King Apex Group III, Ltd., the two funds under common control collectively own approximately 85.4% of the Company’s outstanding voting shares and Mr. Carpenter now owns approximately 9.5% of the Company’s outstanding voting shares.
	On October 30, 2013, the Company amended its Articles of Incorporation to increase the number of authorized shares to 600,000,000 from 100,000,000.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	NOTE 6. INCOME TAXES
	The Company plans to elect REIT status effective for the year ending December 31, 2014, when it meets all requirements allowing it to do so. At that time, the Company would generally not be subject to income taxes assuming it complied with the specific distribution rules applicable to REITs.
	Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and expected carry-forwards are available to reduce taxable income. The Company records a valuation allowance when, in the opinion of management, it is more likely than not, that the Company will not realize some or all deferred tax assets. As the achievement of required future taxable income is uncertain, the Company required a valuation allowance at December 31, 2012 and 2013. The valuation allowance increased by $226,000 and $192,000 during 2012 and 2013, respectively. At December 31, 2013 the Company had federal and state net operating loss carry-forwards of approximately $675,000 and $673,000, respectively. The federal and state tax loss carry-forwards will begin to expire in 2032, unless previously utilized.
	Significant components of the Company’s deferred tax assets are as follows:
		2012		2013
	Deferred tax assets:
	Start-up and acquisition costs	$	20,000	$	180,000
	Net operating losses		210,000		256,000
			230,000		436,000
	Deferred tax liabilities:
	Depreciation and amortization		-		-14,000
	Total		230,000		422,000
	Valuation allowance		-230,000		-422,000
	Net deferred tax assets	$	-	$	-
	Pursuant to Internal Revenue Code Section 382, use of the Company’s net operating loss carry-forwards may be limited if a cumulative change in ownership of more than 50% occurs within a three year period. Management believes that such an ownership change had occurred but has not performed a study of the limitations on the net operating losses.
	Expected income tax by applying the statutory income tax rate to net loss differs from the actual tax provision as follows:
		2012		2013
	Tax computed at the federal statutory rate	$	-210,000	$	-364,000
	State taxes		-16,000		-62,000
	Permanent differences		-		225,000
	Other		-		9,000
	Valuation allowance		226,000		192,000
	Total provision	$	-	$	-

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	NOTE 7. RELATED PARTY TRANSACTIONS
	At December 31, 2012, the Company had convertible notes payable outstanding to Chad M. Carpenter of $252,176. At September 27, 2013, the Company had convertible notes payable outstanding to Chad M. Carpenter and Reven Capital, LLC, an entity wholly owned by Mr. Carpenter, in the amount of $652,176, that were converted to Company common stock as described more fully in Notes 3 and 5.
	At December 31, 2012, the Company had convertible notes payable outstanding to certain other shareholders of the Company in the amount of $52,176. These notes were paid off or converted to Company common stock on September 27, 2013 as described more fully in Notes 3 and 5.
	At December 31, 2012, the Company owed Reven Capital, LLC $266,877, for advances made for operating expenses. Reven Capital, LLC is wholly-owned by Chad M. Carpenter. The Company sub-leases office space on a month-to-month basis from Reven Capital, LLC and reimburses Reven Capital for Company expenses paid and previously advanced by Reven Capital, LLC. The advances are due on demand, unsecured and are non-interest bearing. During the year ended December 31, 2013, the Company incurred an additional $148,438 of expenses that were paid by Reven Capital, LLC. All of these advances were paid off in full during the year ending December 31, 2013, for total payments of $415,315.
	For the year ended December 31, 2012, the Company paid $50,000 for consulting services to a company in which a Board of Director member of the Company is the Senior Managing Principal which was included in deferred stock issuance costs on the accompanying consolidated balance sheet as of December 31, 2012 and was charged against additional paid-in capital upon the closing of the private placement on September 27, 2013.

LEASE_INCOME

LEASE INCOME	12 Months Ended
	Dec. 31, 2013
Lease Income [Abstract]	'
Lease Income [Text Block]	'
	NOTE 8. LEASE INCOME
	The Company generally rents properties under non-cancelable lease agreements with a term of one year. Future minimum rental revenues under leases existing on properties as of December 31, 2013 are expected to beas follows:
	2014	$	535,301
	2015		7,895
		$	543,196
	The Company operates in two states. The breakdown of lease income between the two states for the years ending December 31, 2012 and 2013 are as follows:
		2012		2013
		Rent		Rent
		Revenue		Revenue
	Georgia	$	6,750	$	70,716
	Texas		-		271,527
		$	6,750	$	342,243

COMMITMENTS

COMMITMENTS	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	NOTE 9. COMMITMENTS
	Property Management Agreement
	The Company has entered into property management agreements with unrelated property management companies in which the Company will pay management fees ranging from six to eight percent of gross rental receipts.

SUBSEQUENT_EVENT

SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	NOTE 10. SUBSEQUENT EVENT
	Single Family Home Purchase
	On January 31, 2014, a wholly owned subsidiary of the Company closed on an additional 18 single family homes as part of the October 31, 2013 purchase (Note 2), located in the Houston, Texas metropolitan area. Investment in the 18 homes, including acquisition and closing costs, totaled  $1,597,663.
	The below shows the pro forma effect to the Company’s balance sheet of the purchase of the homes if the subsequent events had occurred as of December 31, 2013:
							December 31, 2013
	Reven Housing REIT, Inc and Subsidiaries	December 31,		Pro Forma			Pro Forma
	Unaudited Pro Forma Condensed Balance Sheet	2013		Adjustments			Adjustments
	ASSETS
	Residential homes, net of accumulated depreciation	$	12,502,435	$	1,597,663	(a)	$	14,100,098
	Cash		2,134,510		-1,541,371	(a)		593,139
	Rents and other receivables		10,053		-			10,053
	Escrow deposits and prepaid expenses		151,128		3,662	(a)		154,790
	Deferred stock issuance costs		35,000		-			35,000
	Total Assets	$	14,833,126	$	59,954		$	14,893,080
	LIABILITIES AND STOCKHOLDERS' EQUITY
	Accounts payable and accrued expenses	$	347,179	$	41,144	(a)	$	388,323
	Security deposits		156,985		18,810	(a)		175,795
	Total Liabilities		504,164		59,954			564,118
	Stockholders' Equity
	Common stock		87,861		-			87,861
	Additional paid-in capital		15,953,180		-			15,953,180
	Accumulated deficit		-1,712,079		-			-1,712,079
	Total Stockholders' Equity		14,328,962		-			14,328,962
	Total Liabilities and Stockholders' Equity	$	14,833,126	$	59,954		$	14,893,080
	(a) Acquisition of 18 single family homes for cash, allocation of purchase price and recognition of liabilities assumed.

ORGANIZATION_OPERATIONS_AND_SU1

ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Discontinued Operations, Policy [Policy Text Block]	'
	Discontinued Operations
	On July 2, 2012, the Company discontinued operations related to the Bureau of Fugitive Recovery, Inc. upon Chad M. Carpenter becoming the majority shareholder of the Company. Accordingly, the former operations are classified as discontinued operations in the accompanying consolidated statements of operations.
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Accounting
	The accompanying consolidated financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”).
Consolidation, Policy [Policy Text Block]	'
	Principles of Consolidation
	The accompanying financial statements consolidate the accounts of the Company and its wholly-owned subsidiaries, Reven Housing Georgia, LLC and Reven Housing Texas, LLC. All significant inter-company transactions have been eliminated in consolidation.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	New Accounting Pronouncements
	The Company has adopted all recently issued accounting pronouncements. The adoption of the accounting pronouncements, including those not yet effective, is not anticipated to have a material effect on the financial position or results of operations of the Company.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents.
Advances to Property Manager [Policy Text Block]	'
	Rents and Other Receivables
	Rents and other receivables represent the amount of rent receivables, security deposits and net rental funds which are held by the property manager on behalf of the Company, net of any allowance for amounts deemed uncollectible.
Deferred Stock Issuance Costs [Policy Text Block]	'
	Deferred Stock Issuance Costs
	Deferred stock issuance costs represent amounts paid for consulting services and other offering expenses in conjunction with the future raising of additional capital to be performed within one year. These costs are charged against additional paid-in capital as a cost of the stock issuance upon closing of the respective stock placement.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	'
	Concentration of Risk
	Financial instruments, which potentially subject the Company to concentrations of credit risk, consist of cash. The Company’s cash in excess of the Federal Deposit Insurance Corporation insured limits at December 31, 2013, were approximately $1,911,000. The Company does not believe it is exposed to any significant credit risk due to the quality nature of the financial instruments in which the money is held.
Warrant Issuance and Note Conversion Feature [Policy Text Block]	'
	Warrant Issuance and Note Conversion Feature
	The Company accounts for the proceeds from the issuance of convertible notes payable with detachable stock purchase warrants and embedded conversion features in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 470-20, Debt with Conversion and Other Options. Under FASB ASC 470-20, the proceeds from the issuance of a debt instrument with detachable stock purchase warrants shall be allocated to the two elements based on the relative fair values of the debt instrument without the warrants and of the warrants themselves at the time of issuance. The portion of the proceeds allocated to the warrants is accounted for as additional paid-in capital and the remaining proceeds are allocated to the debt instrument which resulted in a discount to debt which is amortized and charged as interest expense over the term of the note agreement. Additionally, pursuant to FASB ASC 470-20, the intrinsic value of the embedded conversion feature of the convertible notes payable is included in the discount to debt and amortized and charged to interest expense over the life of the note agreement.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition
	Property is leased under rental agreements of generally one year and revenue is recognized over the lease term on a straight-line basis.
Income Tax, Policy [Policy Text Block]	'
	Income Taxes
	The Company intends to elect to be taxed as a REIT, as defined in the Internal Revenue Code, commencing with the taxable year ended December 31, 2014. Management believes that the Company will be able to satisfy the requirements for qualification as a REIT. Accordingly, the Company is not expecting to be subject to federal income tax, provided that it qualifies as a REIT and distributions to the stockholders equal or exceed REIT taxable income.
	However, qualification and taxation as a REIT depend upon the Company’s ability to meet the various qualification tests imposed under the Internal Revenue Code related to the percentage of income that are earned from specified sources, the percentage of assets that fall within specified categories, the diversity of capital stock ownership, and the percentage of earnings that are distributed. Accordingly, no assurance can be given that the Company will be organized or be able to operate in a manner so as to qualify or remain qualified as a REIT. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal and state income tax (including any applicable alternative minimum tax) on its taxable income at regular corporate tax rates, and the Company may be ineligible to qualify as a REIT for four subsequent tax years. Even if the Company qualifies as a REIT, it may be subject to certain state or local income taxes.
	The tax benefit of uncertain tax positions is recognized only if it is “more likely than not” that the tax position will be sustained, based solely on its technical merits, with the taxing authority having full knowledge of relevant information. The measurement of a tax benefit for an uncertain tax position that meets the “more likely than not” threshold is based on a cumulative probability model under which the largest amount of tax benefit recognized is the amount with a greater than 50% likelihood of being realized upon ultimate settlement with the taxing authority, having full knowledge of all the relevant information. As of December 31, 2012 and 2013, the Company had no unrecognized tax benefits. The Company does not anticipate a significant change in the total amount of unrecognized tax benefits during 2014.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	'
	Incentive Compensation Plan
	During 2012, the Company established the 2012 Incentive Compensation Plan, which was subsequently amended and restated in December 2013 (“2012 Plan”). The 2012 Plan allows for the grant of options and other awards representing up to 33,000,000 shares of the Company’s common stock. Such awards may be granted to officers, directors, employees, consultants and other persons who provide services to the Company or any related entity. Under the 2012 Plan, options may be granted at an exercise price greater than or equal to the market value at the date of the grant, for owners of 10% or more of the voting shares, at an exercise price of not less than 110% of the market value. Awards are exercisable over a period of time as determined by a committee designated by the Board of Directors, but in no event longer than ten years. No awards have been granted as of December 31, 2013.
Earnings Per Share, Policy [Policy Text Block]	'
	Net Loss Per Share
	Net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share. For the year ended December 31, 2012 there were no shares that were potentially dilutive. For the year ended December 31, 2013, potentially dilutive securities excluded from the calculations were 5,271,760 shares issuable upon exercise of outstanding warrants granted in conjunction with the convertible notes.
Fair Value of Financial Instruments, Policy [Policy Text Block]	'
	Financial Instruments
	The carrying value of the Company’s financial instruments, as reported in the accompanying consolidated balance sheets, approximates fair value.
Security Deposits [Policy Text Block]	'
	Security Deposits
	Security deposits represent amounts deposited by tenants at the inception of the lease
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with 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 balance sheet dates and reported amounts of expenses for the periods presented. Accordingly, actual results could differ from those estimates. Significant estimates include assumptions used to value warrants and conversion features associated with convertible notes payable (Note 3). Further, significant estimates include assumptions used to determine the allocation of purchase prices of property acquisitions (Note 1).
Property Acquisitions [Policy Text Block]	'
	Property Acquisitions
	The Company accounts for its acquisitions of real estate in accordance with FASB ASC 805, Accounting for Business Combinations, Goodwill, and Other Intangible Assets, which requires the purchase price of acquired properties be allocated to the acquired tangible assets and liabilities, consisting of land, building, and identified intangible assets, consisting of the value of above-market and below-market leases, the value of in-place leases, unamortized lease origination costs and security deposits, based in each case on their fair values.
	The Company allocates the purchase price to tangible assets of an acquired property (which includes land and building) based on the estimated fair values of those tangible assets, assuming the property was vacant. Fair value for land and building is based on the purchase price for these properties. The Company also considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities in estimating the fair values of the tangible and intangible assets and liabilities acquired.
	The total value allocable to intangible assets acquired, which consists of unamortized lease origination costs and in-place leases (including an above-market or below-market component of an acquired in-place lease), are allocated based on management’s evaluation of the specific characteristics of each tenant’s lease and the Company’s overall relationship with that respective tenant. Characteristics considered by management in allocating these values include the nature and extent of the existing business relationships with the 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. For acquisitions made in 2012 and 2013, management has determined that no value is required to be allocated to intangible assets, as the leases assumed are short-term with values that are insignificant.
Land Buildings and Improvements [Policy Text Block]	'
	Land, Buildings and Improvements
	Land, buildings and improvements are recorded at cost and depreciated over estimated useful lives of approximately 27.5 years using the straight-line method. Maintenance and repair costs are charged to operations as incurred.
	The Company assesses the impairment of long-lived assets, whenever events or changes in business circumstances indicate that carrying amounts of the assets may not be fully recoverable. When such events occur, management determines whether there has been impairment by comparing the asset’s carrying value with its fair value, as measured by the anticipated undiscounted net cash flows of the asset. Should impairment exist, the asset is written down to its estimated fair value. The Company has not recognized any impairment losses through December 31, 2013.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain amounts for 2012 have been reclassified to conform to the current year’s presentation.

RESIDENTIAL_HOMES_NET_Tables

RESIDENTIAL HOMES, NET (Tables)	12 Months Ended
	Dec. 31, 2013
Residential Homes [Abstract]	'
Real Estate Investment Financial Statements, Disclosure [Table Text Block]	'
	The following table represents the Company’s net investment in the homes and allocates purchase price in accordance with ASC 805:
													Investment
		Number					Residential		Total		Accumulated		In Real Estate
		of Homes		Land			Homes		Investment		Depreciation		Net
	Purchased during 2012:
	Georgia		5	$	67,019		$	276,391	$	343,410	$	-1,400	$	342,010
	Total at December 31, 2012		5		67,019			276,391		343,410		-1,400		342,010
	Purchased during 2013:
	Georgia		4		52,631			210,797		263,428		-16,800		246,628
	Texas		150		2,394,359			9,577,438		11,971,797		-58,000		11,913,797
	Total at December 31, 2013		159	$	2,514,009		$	10,064,626	$	12,578,635	$	-76,200	$	12,502,435
Schedule of Real Estate Properties [Table Text Block]	'
	Net investment in homes, as shown above, consists of the following as of December 31:
		2012						2,013
		Number		Investment		Number			Investment
		of Homes		Net		of Homes			Net
	Leased		5	$	342,010			146	$	11,579,899
	Vacant		-		-			13		922,536
			5	$	342,010			159	$	12,502,435

CONVERTIBLE_NOTES_PAYABLE_Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2013
Convertible Notes Payable1 [Abstract]	'
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	'
	A summary of the assumptions used to value the warrants and the beneficial conversion feature are as follows:
		2012			2013
	Risk -free interest rate		0.79	%		1.4	%
	Expected stock volatility		48	%		47	%
	Time to expiration (years)		5			5
	Fair value of common stock	$	1		$	0.2
	Expected dividends	$	0		$	0

ACCOUNTS_PAYABLE_AND_ACCRUED_E1

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2013
Accounts Payable and Accrued Liabilities [Abstract]	'
Schedule of Accrued Liabilities [Table Text Block]	'
	At December 31, 2012 and 2013, accounts payable and accrued expenses consisted of the following:
		2012		2013
	Accounts payable	$	-	$	89,666
	Accrued property taxes		-		196,141
	Accrued legal fees		119,978		61,372
		$	119,978	$	347,179

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	'
	Significant components of the Company’s deferred tax assets are as follows:
		2012		2013
	Deferred tax assets:
	Start-up and acquisition costs	$	20,000	$	180,000
	Net operating losses		210,000		256,000
			230,000		436,000
	Deferred tax liabilities:
	Depreciation and amortization		-		-14,000
	Total		230,000		422,000
	Valuation allowance		-230,000		-422,000
	Net deferred tax assets	$	-	$	-
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	'
	Expected income tax by applying the statutory income tax rate to net loss differs from the actual tax provision as follows:
		2012		2013
	Tax computed at the federal statutory rate	$	-210,000	$	-364,000
	State taxes		-16,000		-62,000
	Permanent differences		-		225,000
	Other		-		9,000
	Valuation allowance		226,000		192,000
	Total provision	$	-	$	-

LEASE_INCOME_Tables

LEASE INCOME (Tables)	12 Months Ended
	Dec. 31, 2013
Lease Income [Abstract]	'
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	'
	The Company generally rents properties under non-cancelable lease agreements with a term of one year. Future minimum rental revenues under leases existing on properties as of December 31, 2013 are expected to beas follows:
	2014	$	535,301
	2015		7,895
		$	543,196
schedule of lease income [Table Text Block]	'
	The Company operates in two states. The breakdown of lease income between the two states for the years ending December 31, 2012 and 2013 are as follows:
		2012		2013
		Rent		Rent
		Revenue		Revenue
	Georgia	$	6,750	$	70,716
	Texas		-		271,527
		$	6,750	$	342,243

SUBSEQUENT_EVENT_Tables

SUBSEQUENT EVENT (Tables)	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Schedule of Subsequent Events [Table Text Block]	'
	The below shows the pro forma effect to the Company’s balance sheet of the purchase of the homes if the subsequent events had occurred as of December 31, 2013:
							December 31, 2013
	Reven Housing REIT, Inc and Subsidiaries	December 31,		Pro Forma			Pro Forma
	Unaudited Pro Forma Condensed Balance Sheet	2013		Adjustments			Adjustments
	ASSETS
	Residential homes, net of accumulated depreciation	$	12,502,435	$	1,597,663	(a)	$	14,100,098
	Cash		2,134,510		-1,541,371	(a)		593,139
	Rents and other receivables		10,053		-			10,053
	Escrow deposits and prepaid expenses		151,128		3,662	(a)		154,790
	Deferred stock issuance costs		35,000		-			35,000
	Total Assets	$	14,833,126	$	59,954		$	14,893,080
	LIABILITIES AND STOCKHOLDERS' EQUITY
	Accounts payable and accrued expenses	$	347,179	$	41,144	(a)	$	388,323
	Security deposits		156,985		18,810	(a)		175,795
	Total Liabilities		504,164		59,954			564,118
	Stockholders' Equity
	Common stock		87,861		-			87,861
	Additional paid-in capital		15,953,180		-			15,953,180
	Accumulated deficit		-1,712,079		-			-1,712,079
	Total Stockholders' Equity		14,328,962		-			14,328,962
	Total Liabilities and Stockholders' Equity	$	14,833,126	$	59,954		$	14,893,080
	(a) Acquisition of 18 single family homes for cash, allocation of purchase price and recognition of liabilities assumed.

ORGANIZATION_OPERATIONS_AND_SU2

ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	12 Months Ended			0 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Jul. 02, 2012
		Land, Buildings and Improvements [Member]	Incentive Compensation Plan 2012 [Member]	Chad M Carpenter [Member]
Accounting Policies [Line Items]	'	'	'	'
Entity Incorporation, State Country Name	'Colorado	'	'	'
Entity Incorporation, Date of Incorporation	26-Apr-95	'	'	'
Common Stock Purchased During Period	'	'	'	5,999,300
Treasury Stock, Shares, Acquired	'	'	'	1,650,000
Business Acquisition, Percentage of Voting Interests Acquired	'	'	'	71.80%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	'	'	33,000,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Description	'Under the 2012 Plan, options may be granted at an exercise price greater than or equal to the market value at the date of the grant, for owners of 10% or more of the voting shares, at an exercise price of not less than 110% of the market value.	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	5,271,760	'	'	'
Property, Plant and Equipment, Useful Life	'	'27 years 6 months	'	'
Cash, FDIC Insured Amount	$1,911,000	'	'	'

RESIDENTIAL_HOMES_NET_Details

RESIDENTIAL HOMES, NET (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
	Numbers	Numbers
RESIDENTIAL HOMES, NET [Line Items]	'	'
Number of Homes	159	5
Real Estate Investment Property, at Cost	$12,578,635	$343,410
Total Investment	12,578,635	343,410
Accumulated Depreciation	-76,200	-1,400
Investment In Real Estate Net	12,502,435	342,010
Georgia [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Number of Homes	4	5
Total Investment	263,428	343,410
Accumulated Depreciation	-16,800	-1,400
Investment In Real Estate Net	246,628	342,010
Texas [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Number of Homes	150	'
Total Investment	11,971,797	'
Accumulated Depreciation	-58,000	'
Investment In Real Estate Net	11,913,797	'
Land [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	2,514,009	67,019
Land [Member] | Georgia [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	52,631	67,019
Land [Member] | Texas [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	2,394,359	'
Residential Homes [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	10,064,626	276,391
Residential Homes [Member] | Georgia [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	210,797	276,391
Residential Homes [Member] | Texas [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	$9,577,438	'

RESIDENTIAL_HOMES_NET_Details_

RESIDENTIAL HOMES, NET (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012
	Numbers	Numbers
RESIDENTIAL HOMES, NET [Line Items]	'	'
Number of Homes	159	5
Investment Net	$12,502,435	$342,010
Leased [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Number of Homes	146	5
Investment Net	11,579,899	342,010
Vacant [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Number of Homes	13	0
Investment Net	$922,536	$0

RESIDENTIAL_HOMES_NET_Details_1

RESIDENTIAL HOMES, NET (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	$12,578,635	$343,410
Residential Homes [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Property, Plant and Equipment, Useful Life	'27 years 6 months	'
Real Estate Investment Property, at Cost	10,064,626	276,391
Reven Housing Texas, LLC [Member]	'	'
RESIDENTIAL HOMES, NET [Line Items]	'	'
Real Estate Investment Property, at Cost	$11,971,797	'

CONVERTIBLE_NOTES_PAYABLE_Deta

CONVERTIBLE NOTES PAYABLE (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'
Risk -free interest rate	1.40%	0.79%
Expected stock volatility	47.00%	48.00%
Time to expiration (years)	'5 years	'5 years
Fair value of common stock	$0.20	$1
Expected dividends	$0	$0

CONVERTIBLE_NOTES_PAYABLE_Deta1

CONVERTIBLE NOTES PAYABLE (Details Textual) (USD $)	12 Months Ended				1 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Sep. 27, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013
			Warrant [Member]	Warrant [Member]	Promissory Note Conversion Agreement [Member]	Officer [Member]	Shareholders [Member]	Shareholders [Member]	Accredited Investors [Members]	Chad M Carpenter [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'	'	'	'	'	'	'	'	'
Debt Instrument, Annual Principal Payment	'	'	'	'	'	'	'	'	$1,054,352	'
Debt Instrument, Maturity Date	31-Dec-13	'	'	'	'	'	'	'	'	'
Increase in Equity Capital	5,000,000	'	'	'	'	'	'	'	'	'
Debt Instrument, Interest Rate, Effective Percentage	'	'	'	'	'	'	'	'	10.00%	'
Proceeds from Issuance of Warrants	309,892	'	'	'	'	'	'	'	'	'
Debt Instrument, Convertible, Beneficial Conversion Feature	309,891	'	'	'	'	'	'	'	'	'
Warrants and Rights Outstanding	619,783	'	'	'	'	'	'	'	'	'
Amortization of Debt Discount (Premium)	563,253	56,530	'	'	'	'	'	'	'	'
Convertible Notes Payable, Current	'	'	'	'	902,176	652,176	52,176	52,176	350,000	652,176
Warrant Coverage Percentage	100.00%	'	'	'	'	'	'	'	'	'
Stock Issued During Period, Shares, New Issues	'	'	'	'	4,510,880	'	'	'	'	'
Debt Instrument, Convertible, Conversion Price	'	'	'	'	$0.20	'	'	'	'	'
Long-term Debt, Gross	'	'	'	'	152,176	'	'	'	'	'
Debt Instrument, Increase, Accrued Interest	'	'	'	'	82,071	'	'	'	'	'
Debt Discount For Allocation Of Proceeds To Warrants And Beneficial Conversion Feature Of Debt	$291,920	$327,863	$291,920	$327,863	'	'	'	'	'	'

ACCOUNTS_PAYABLE_AND_ACCRUED_E2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Accounts Payable And Accrued Expenses [Line Items]	'	'
Accounts payable	$89,666	$0
Accrued property taxes	196,141	0
Accrued legal fees	61,372	119,978
Accounts payable and accrued expenses	$347,179	$119,978

STOCKHOLDERS_EQUITY_Details_Te

STOCKHOLDERS' EQUITY (Details Textual) (USD $)	1 Months Ended	12 Months Ended
	Sep. 27, 2013	Dec. 31, 2013	Dec. 31, 2012
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Warrants To Purchase Common Stock	'	5,271,760	'
Share Price	'	$0.20	$1
Stock Issued During Period, Value, New Issues	'	$14,489,082	'
Deferred Costs Of Common Stock Issuance	'	50,000	0
Proceeds from Issuance of Common Stock	'	14,539,082	0
Convertible Notes Payable	'	0	128,746
Purchase Of Common Stock Price Per Share	$0.20	'	'
Investment Warrants Expiration Date	27-Sep-18	'	'
Common Stock, Shares Authorized	'	600,000,000	600,000,000
Maximum [Member]	'	'	'
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Common Stock, Shares Authorized	'	600,000,000	'
Minimum [Member]	'	'	'
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Common Stock, Shares Authorized	'	100,000,000	'
Promissory Note Conversion Agreement [Member]	'	'	'
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Long-term Debt, Gross	152,176	'	'
Debt Instrument, Increase, Accrued Interest	82,071	'	'
Stock Issued During Period, Shares, New Issues	4,510,880	'	'
Debt Instrument, Interest Rate, Stated Percentage	10.00%	'	'
Common Stock Conversion Price	$0.20	'	'
Convertible Notes Payable	902,176	'	'
Chad M Carpenter [Member]	'	'	'
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Convertible Notes Payable	'	'	252,176
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	9.50%	'	'
King APEX Group II, Ltd. and King APEX Group III, Ltd [Member]	'	'	'
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	85.40%	'	'
Private Placement [Member] | King APEX Group II, Ltd. and King APEX Group III, Ltd [Member]	'	'	'
STOCKHOLDERSb EQUITY [Line Items]	'	'	'
Stock Issued During Period, Shares, New Issues	125,000,000	75,000,000	'
Share Price	$0.20	'	'
Stock Issued During Period, Value, New Issues	25,000,000	15,000,000	'
Proceeds from Issuance of Private Placement	'	14,539,082	'
Deferred Costs Of Common Stock Issuance	'	50,000	'
Proceeds from Issuance of Common Stock	'	$14,489,082	'

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets:	'	'
Start-up and acquisition costs	$180,000	$20,000
Net operating losses	256,000	210,000
Deferred Tax Assets, Gross, Total	436,000	230,000
Deferred tax liabilities:	'	'
Depreciation and amortization	-14,000	0
Total	422,000	230,000
Valuation allowance	-422,000	-230,000
Net deferred tax assets	$0	$0

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Line Items]	'	'
Tax computed at the federal statutory rate	($364,000)	($210,000)
State taxes	-62,000	-16,000
Permanent differences	225,000	0
Other	9,000	0
Valuation allowance	192,000	226,000
Total provision	$0	$0

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Line Items]	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$675,000	'
Federal Tax Loss Carry Forwards Expiration	'expire in 2032	'
Deferred Tax Asset sIncrease In Valuation Allowances	192,000	226,000
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	$673,000	'

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]	'	'
Convertible Notes Payable	$0	$128,746
Accounts Payable, Related Parties, Current	0	266,877
Consulting Fees	'	50,000
Increase (Decrease) In Accounts Payable, Related Parties	-266,877	266,877
Shareholders [Member]	'	'
Related Party Transaction [Line Items]	'	'
Convertible Notes Payable, Current	52,176	52,176
Chad M Carpenter [Member]	'	'
Related Party Transaction [Line Items]	'	'
Convertible Notes Payable	'	252,176
Notes Payable	415,315	'
Increase (Decrease) In Accounts Payable, Related Parties	148,438	'
Convertible Notes Payable, Current	$652,176	'

LEASE_INCOME_Details

LEASE INCOME (Details) (USD $)	Dec. 31, 2013
LEASE INCOME [Line Items]	'
2014	$535,301
2015	7,895
Operating Leases, Future Minimum Payments Receivable, Total	$543,196

LEASE_INCOME_Details_1

LEASE INCOME (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
LEASE INCOME [Line Items]	'	'
Rent Revenue	$342,243	$6,750
Georgia [Member]	'	'
LEASE INCOME [Line Items]	'	'
Rent Revenue	70,716	6,750
Texas [Member]	'	'
LEASE INCOME [Line Items]	'	'
Rent Revenue	$271,527	$0

COMMITMENTS_Details_Textual

COMMITMENTS (Details Textual)	12 Months Ended
	Dec. 31, 2013
Maximum [Member]	'
Other Commitments [Line Items]	'
Percentage of Payment on Gross Rental Receipt	8.00%
Minimum [Member]	'
Other Commitments [Line Items]	'
Percentage of Payment on Gross Rental Receipt	6.00%

SUBSEQUENT_EVENT_Details

SUBSEQUENT EVENT (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011
ASSETS	'		'	'
Residential homes, net of accumulated depreciation	$12,502,435		'	'
Cash	2,134,510		5,763	599
Rents and other receivables	10,053		3,375	'
Escrow deposits and prepaid expenses	151,128		0	'
Deferred stock issuance costs	35,000		50,000	'
Total Assets	14,833,126		401,148	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'		'	'
Accounts payable and accrued expenses	347,179		119,978	'
Security deposits	156,985		'	'
Total Liabilities	504,164		684,644	'
Stockholders' Equity	'		'	'
Common stock	87,861		8,350	'
Additional paid-in capital	15,953,180		349,513	'
Accumulated deficit	-1,712,079		-641,359	'
Total Stockholders' Equity	14,328,962		-283,496	-17,191
Total Liabilities and Stockholders' Equity	14,833,126		401,148	'
Scenario, Adjustment [Member]	'		'	'
ASSETS	'		'	'
Residential homes, net of accumulated depreciation	1,597,663	[1]	'	'
Cash	-1,541,371	[1]	'	'
Rents and other receivables	0		'	'
Escrow deposits and prepaid expenses	3,662	[1]	'	'
Deferred stock issuance costs	0		'	'
Total Assets	59,954		'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'		'	'
Accounts payable and accrued expenses	41,144	[1]	'	'
Security deposits	18,810	[1]	'	'
Total Liabilities	59,954		'	'
Stockholders' Equity	'		'	'
Common stock	0		'	'
Additional paid-in capital	0		'	'
Accumulated deficit	0		'	'
Total Stockholders' Equity	0		'	'
Total Liabilities and Stockholders' Equity	59,954		'	'
Pro Forma [Member]	'		'	'
ASSETS	'		'	'
Residential homes, net of accumulated depreciation	14,100,098		'	'
Cash	593,139		'	'
Rents and other receivables	10,053		'	'
Escrow deposits and prepaid expenses	154,790		'	'
Deferred stock issuance costs	35,000		'	'
Total Assets	14,893,080		'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'		'	'
Accounts payable and accrued expenses	388,323		'	'
Security deposits	175,795		'	'
Total Liabilities	564,118		'	'
Stockholders' Equity	'		'	'
Common stock	87,861		'	'
Additional paid-in capital	15,953,180		'	'
Accumulated deficit	-1,712,079		'	'
Total Stockholders' Equity	14,328,962		'	'
Total Liabilities and Stockholders' Equity	$14,893,080		'	'
[1]	Acquisition of 18 single family homes for cash, allocation of purchase price and recognition of liabilities assumed.

SUBSEQUENT_EVENT_Details_Textu

SUBSEQUENT EVENT (Details Textual) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Subsequent Event [Line Items]	'	'
Real Estate Investment Property, Net, Total	$12,502,435	$342,010
Subsequent Event [Member] | Single Family Home Purchase [Member] | Wholly Owned Properties [Member]	'	'
Subsequent Event [Line Items]	'	'
Real Estate Investment Property, Net, Total	$1,597,663	'