RREEF Property Trust (ZRPTIX) 10-Q 14 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 12, 2014	Nov. 12, 2014
		Common Class A [Member]	Common Class B [Member]
Document Information [Line Items]	'	'	'
Entity Registrant Name	'RREEF Property Trust, Inc.	'	'
Entity Central Index Key	'0001542447	'	'
Document Type	'10-Q	'	'
Document Period End Date	30-Sep-14	'	'
Amendment Flag	'false	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q3	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	1,694,915	1,757,266

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
ASSETS	'	'
Land	$15,940,201	$6,023,990
Buildings and improvements, less accumulated depreciation of $832,112 and $192,616, respectively	37,307,701	14,640,468
Acquired intangible lease assets, less accumulated amortization of $1,398,329 and $410,215, respectively	10,266,363	5,551,759
Total investment in real estate assets, net	63,514,265	26,216,217
Investment in marketable securities	3,348,459	2,882,206
Total investment in real estate assets and marketable securities, net	66,862,724	29,098,423
Cash and cash equivalents	3,592,295	2,916,144
Receivables	366,672	266,756
Prepaids and other assets	637,193	22,505
Deferred financing costs, less accumulated amortization of $448,800 and $183,684, respectively	246,243	388,206
Total assets	71,705,127	32,692,034
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'
Line of credit	29,300,000	5,500,000
Accounts payable and accrued expenses	285,458	53,956
Due to affiliates	9,053,376	6,005,822
Acquired below market lease intangibles	1,398,128	789,033
Dividends payable	73,468	42,308
Other liabilities	775,079	125,843
Total liabilities	40,885,509	12,516,962
Stockholders' Equity:	'	'
Preferred stock, $0.01 par value; 50,000,000 shares authorized, none issued	0	0
Additional paid in capital	36,025,023	22,782,945
Accumulated deficit	-5,401,468	-2,454,206
Accumulated other comprehensive income (loss)	161,742	-175,571
Total stockholders' equity	30,819,618	20,175,072
Total liabilities and stockholders' equity	71,705,127	32,692,034
Common Class A [Member]	'	'
Stockholders' Equity:	'	'
Common stock	16,557	9,782
Common Class B [Member]	'	'
Stockholders' Equity:	'	'
Common stock	$17,764	$12,122

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Buildings and improvements, accumulated depreciation	$832,112	$192,616
Acquired intangible lease assets, accumulated amortization	1,398,329	410,215
Deferred finance costs, accumulated amortization	448,800	183,684
Off-market lease, unfavorable, accumulated depreciation	$68,629	$2,067
Preferred stock, par value (in usd per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in usd per share)	$0.01	'
Common stock, shares authorized (in shares)	1,000,000,000	'
Common Class A [Member]	'	'
Common stock, par value (in usd per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	1,655,724	978,160
Common stock, shares outstanding (in shares)	1,655,724	978,160
Common Class B [Member]	'	'
Common stock, par value (in usd per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	1,776,398	1,212,197
Common stock, shares outstanding (in shares)	1,776,398	1,212,197

CONSOLIDATED_STATEMENT_OF_OPER

CONSOLIDATED STATEMENT OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues	'	'	'	'
Rental and other property income	$1,389,716	$313,307	$2,775,259	$420,801
Tenant reimbursement income	165,478	0	326,795	0
Investment income on marketable securities	29,616	29,299	81,852	49,289
Total revenues	1,584,810	342,606	3,183,906	470,090
Expenses	'	'	'	'
General and administrative expenses	543,793	538,253	1,635,963	1,084,129
Property operating expenses	334,404	11,927	556,068	16,140
Incentive Fee Expense	145,382	0	265,985	0
Acquisition related expenses	75,974	848	240,573	59,334
Depreciation	306,179	73,577	639,496	110,365
Amortization	457,618	171,407	949,055	230,386
Total operating expenses	1,863,350	796,012	4,287,140	1,500,354
Operating loss	-278,540	-453,406	-1,103,234	-1,030,264
Interest expense	-310,450	-138,375	-659,076	-211,473
Net realized gain (loss) upon sale of marketable securities	29,182	4,678	38,781	-25,075
Net loss	($559,808)	($587,103)	($1,723,529)	($1,266,812)
Weighted average number of common shares outstanding:	'	'	'	'
Basic and diluted (in shares)	3,068,502	1,095,953	2,658,068	478,169
Net loss per common share:	'	'	'	'
Basic and diluted (in usd per share)	($0.18)	($0.54)	($0.65)	($2.65)

CONSOLIDATED_STATEMENT_OF_COMP

CONSOLIDATED STATEMENT OF COMPREHENSIVE LOSS (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net loss	($559,808)	($587,103)	($1,723,529)	($1,266,812)
Other comprehensive loss:	'	'	'	'
Reclassification of previous unrealized (gain) loss on marketable securities into net gain or loss	-29,182	-4,678	-38,781	25,075
Unrealized (loss) gain on marketable securities	-113,469	-101,262	376,094	-189,835
Total other comprehensive (loss) income	-142,651	-105,940	337,313	-164,760
Comprehensive loss	($702,459)	($693,043)	($1,386,216)	($1,431,572)

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Class A [Member]	Common Class B [Member]	Preferred Stock	Common Stock	Common Stock	Additional Paid in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss
	USD ($)			USD ($)	Common Class A [Member]	Common Class B [Member]	USD ($)	USD ($)	USD ($)
					USD ($)	USD ($)
Balance at Dec. 31, 2013	$20,175,072	'	'	$0	$9,782	$12,122	$22,782,945	($2,454,206)	($175,571)
Balance (shares) at Dec. 31, 2013	'	'	'	0	978,160	1,212,197	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'	'
Issuance of common stock, shares	'	'	'	0	668,057	532,465	'	'	'
Issuance of common stock, value	14,986,613	'	'	0	6,680	5,325	14,974,608	'	'
Issuance of common stock through the distribution reinvestment plan (in shares)	'	19,515	39,926	'	19,515	39,926	'	'	'
Distributions reinvested	738,025	'	'	'	195	399	737,431	'	'
Stock Redeemed or Called During Period, Shares	'	'	'	'	-10,008	-8,190	'	'	'
Stock Redeemed or Called During Period, Value	-222,151	'	'	'	-100	-82	-221,969	'	'
Distributions to investors	-1,223,733	'	'	'	'	'	'	-1,223,733	'
Dealer-manager fees	-89,834	'	'	'	'	'	-89,834	'	'
Other offering costs	-2,158,158	'	'	'	'	'	-2,158,158	'	'
Comprehensive loss	-1,386,216	'	'	'	'	'	'	-1,723,529	337,313
Balance at Sep. 30, 2014	$30,819,618	'	'	$0	$16,557	$17,764	$36,025,023	($5,401,468)	$161,742
Balance (shares) at Sep. 30, 2014	'	'	'	0	1,655,724	1,776,398	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net loss	($1,723,529)	($1,266,812)
Depreciation	639,496	110,365
Net realized (gain) loss upon sale of marketable securities	-38,781	25,075
Amortization of intangible lease assets	921,552	230,971
Amortization of deferred financing costs	265,116	113,358
Straight line rent	-203,293	-36,898
Changes in assets and liabilities:	'	'
Receivables	30,019	-9,279
Increase (Decrease) in Prepaid Expense	550,218	55,337
Accounts payable and accrued expenses	202,620	2,956
Increase (Decrease) in Other Operating Liabilities	-30,932	386
Due to affiliates	2,005,184	1,189,919
Net cash provided by operating activities	1,517,234	304,704
Cash flows from investing activities:	'	'
Investment in marketable securities	-2,584,844	-4,445,872
Proceeds from sale of marketable securities	2,509,357	1,328,727
Net cash used in investing activities	-38,047,185	-16,319,802
Cash flows from financing activities:	'	'
Proceeds from line of credit	32,300,000	6,700,000
Repayments of line of credit	-8,500,000	-6,700,000
Proceeds from issuance of common stock	15,080,612	16,645,002
Payment of offering costs	-899,948	-131,913
Distributions to investors	-1,192,574	-180,442
Payments for Repurchase of Common Stock	-222,151	0
Common stock issued through the distribution reinvestment plan	738,025	173,777
Payments of Financing Costs	97,862	22,731
Net cash provided by financing activities	37,206,102	16,483,693
Net increase in cash and cash equivalents	676,151	468,595
Payments to Acquire Real Estate	37,971,698	13,202,657
Cash and cash equivalents, beginning of period	2,916,144	200,000
Cash and cash equivalents, end of period	3,592,295	668,595
Supplemental Disclosures of Non-Cash Investing and Financing Activities:	'	'
Accrued offering costs payable to affiliates	1,678,430	2,352,565
Distributions declared and unpaid	73,468	24,597
Unrealized gain (loss) on marketable securities	337,313	-164,760
Interest paid	292,143	39,345
Increase (Decrease) in Payable for Marketable Securities Purchased in Period	64,791	0
Increase (Decrease) In Receivable from Sale of Marketable Securities	42,523	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	38,250,000	13,300,000
Noncash or Part Noncash Acquisition, Other Assets Acquired	64,470	0
Noncash or Part Noncash Acquisition, Other Liabilities Assumed	($342,772)	($97,343)

ORGANIZATION

ORGANIZATION	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
ORGANIZATION	'
	ORGANIZATION
	RREEF Property Trust, Inc. (the “Company”) was formed on February 7, 2012 as a Maryland corporation and has elected to qualify as a real estate investment trust (“REIT”) for federal income tax purposes. On February 14, 2012, RREEF America L.L.C., a Delaware limited liability company (“RREEF America”), the Company's sponsor and advisor, purchased 16,667 shares of the Company’s Class B common stock for a total cash consideration of $200,000 to provide the Company’s initial capitalization. Substantially all of the Company's business will be conducted through RREEF Property Operating Partnership, LP, the Company's operating partnership (the “Operating Partnership”). The Company is the sole general partner of the Operating Partnership and contributed $199,000 to the Operating Partnership in exchange for its general partner interest. RREEF Property OP Holder, LLC (the “OP Holder”), a wholly-owned subsidiary of the Company and the initial limited partner of the Operating Partnership, contributed $1,000 to the Operating Partnership. As the Company completes the settlement for purchase orders for shares of its common stock in its continuous public offering, it will continue to transfer substantially all of the net proceeds of the offering to the Operating Partnership.
	The Company was organized to invest primarily in a diversified portfolio consisting primarily of high quality, income-producing commercial real estate located in the United States, including, without limitation, office, industrial, retail and multifamily properties (“Real Estate Properties”). Although the Company intends to invest primarily in Real Estate Properties, it also intends to acquire common and preferred stock of REITs and other real estate companies (“Real Estate Equity Securities”) and debt investments backed principally by real estate (“Real Estate Loans” and, together with Real Estate Equity Securities, “Real Estate-Related Assets”).
	The Company is offering to the public, pursuant to a registration statement, $2,250,000,000 of shares of its common stock in its primary offering and $250,000,000 of shares of its common stock pursuant to its distribution reinvestment plan (the “Offering”). The Company is offering to the public two classes of shares of its common stock, Class A shares and Class B shares. The Company is offering to sell any combination of Class A and Class B shares with a dollar value up to the maximum offering amount. The Company may reallocate the shares offered between the primary offering and the distribution reinvestment plan. On January 3, 2013, the Offering was initially declared effective by the Securities and Exchange Commission. On May 30, 2013, RREEF America purchased $10,000,000 of the Company's Class B shares in the Offering, and the Company’s board of directors authorized the release of the escrowed funds to the Company, thereby allowing the Company to commence operations.
	Shares of the Company’s common stock are being sold at the Company’s net asset value (“NAV”) per share, plus, for Class A shares only, applicable selling commissions. Each class of shares may have a different NAV per share because of certain class specific fees and expenses, such as the distribution fee. NAV per share is calculated by dividing the NAV at the end of each business day for each class by the number of shares outstanding for that class on such day. The Company will not sell any shares to Pennsylvania investors unless it has received purchase orders for at least $75,000,000 (including purchase orders received from residents of other jurisdictions) in any combination of Class A shares and Class B shares from persons not affiliated with the Company or RREEF America.
	The Company's NAV per share for its Class A and Class B shares is posted to the Company's website at www.rreefpropertytrust.com after the stock market close each business day. Additionally, the Company's NAV per share is published daily via NASDAQ's Mutual Fund Quotation System under the symbols ZRPTAX and ZRPTBX for its Class A shares and Class B shares, respectively.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation and Principles of Consolidation
	The accompanying interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with Rule 10-01 of Regulation S-X for interim financial statements. Accordingly, these consolidated financial statements do not include all the information and footnotes required by GAAP for complete consolidated financial statements. In the opinion of the Company's management, the accompanying consolidated financial statements include all adjustments and eliminations, consisting only of normal recurring items necessary for their fair presentation in conformity with GAAP. Interim results are not necessarily indicative of operating results for a full year. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with our audited financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2013. There have been no significant changes to Company's significant accounting policies during the nine months ended September 30, 2014.
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
	Organization and Offering Expenses
	Organizational expenses and other expenses which do not qualify as offering costs are expensed as incurred from and after the commencement of operations. Offering costs are those costs incurred by the Company, RREEF America and its affiliates on behalf of the Company which relate directly to the Company’s activities of raising capital in the Offering, preparing for the Offering, the qualification and registration of the Offering, and the marketing and distribution of the Company’s shares. This includes, but is not limited to, accounting and legal fees, including the legal fees of SC Distributors, LLC, the dealer manager for the Offering (the “Dealer Manager”), costs for registration statement amendments and prospectus supplements, printing, mailing and distribution costs, filing fees, amounts to reimburse RREEF America as the Company’s advisor or its affiliates for the salaries of employees and other costs in connection with preparing supplemental sales literature, amounts to reimburse the Dealer Manager for amounts that it may pay to reimburse the bona fide due diligence expenses of any participating broker-dealers supported by detailed and itemized invoices, telecommunication costs, fees of the transfer agent, registrars, trustees, depositories and experts, the cost of educational conferences held by the Company (including the travel, meal and lodging costs of registered representatives of any participating broker-dealers), and attendance fees and cost reimbursement for employees of affiliates to attend retail seminars conducted by broker-dealers. Offering costs will be deferred and will be paid from the proceeds of the Offering. These costs will be treated as a reduction of the total proceeds. Total organization and offering costs incurred by the Company will not exceed 15% of the gross proceeds from the primary offering.
	Concentration of Credit Risk
	As of September 30, 2014, the Company had cash on deposit at multiple financial institutions which were in excess of federally insured levels. The Company limits significant cash holdings to accounts held by financial institutions with a high credit standing. Therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits.
	As of September 30, 2014, the Company owned four properties housing eleven tenants. Percentages of gross rental revenues by location and tenant representing more than 10% of the Company's total gross rental revenues are shown below.
	Property	Three Months Ended September 30, 2014		Nine Months Ended September 30, 2014
	Heritage Parkway, Woodridge, IL	20.1	%	30.3	%
	Wallingford Plaza, Seattle, WA	20.1	%	27.8	%
	Commerce Corner, Logan Township, NJ	27.9	%	25.9	%
	Anaheim Hills Office Plaza, Anaheim, CA	31.9	%	16	%
		100	%	100	%
	Tenant	Three Months Ended September 30, 2014		Nine Months Ended September 30, 2014
	Allstate Insurance - Heritage Parkway	20.1	%	30.3	%
	Performance Food Group, Inc. - Commerce Corner	16.8	%	15.7	%
	Walgreen Company - Wallingford Plaza	9.5	%	14.3	%
	Gateway One Lending and Finance, L.L.C. - Anaheim Hills Office Plaza	21.6	%	10.8	%
	Mission Produce, Inc. - Commerce Corner	11.1	%	10.3	%
	Total	79.1	%	81.4	%
	As of September 30, 2014, in-place annualized base rental revenues were concentrated 23.8% in Gateway One Lending and Finance, L.L.C., 23.8% in Allstate Insurance Company and 15.9% in Performance Food Group Inc.
	Correction of a Prior Period Misstatement
	During the second quarter of 2014, the Company identified errors to prior periods related to amounts presented in the consolidated statement of cash flows for business combinations. The Company concluded the errors were not material to any prior period consolidated financial statements. The Company corrected the consolidated statement of cash flows for the nine months ended September 30, 2013 to reclassify assets acquired and liabilities assumed related to business combinations by reducing the cash paid for investment in real estate and related assets by $97,343 in the investing activities section and increasing the change in other liabilities by $97,343 in the operating activities section. Additionally, the Company included the comparative non-cash disclosure to reconcile the purchase price to the cash paid for investment in real estate and related assets.
	Reclassifications
	Certain reclassifications to prior period amounts have been made to conform to the current period presentation. For the nine months ended September 30, 2013, $36,898 was reclassified from the change in receivables to the adjustment for straight line rent in the operating activities section on the consolidated statement of cash flows.
	Recent Accounting Pronouncements
	On April 10, 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 amends the definition of what qualifies as discontinued operations to disposals of assets, assets held for sale, or abandoned assets which represent a major strategic shift that has or will have a major effect on an entity’s operations and financial results. In addition, ASU 2014-08 may modify an entity's presentation of held for sale assets in prior periods. Further, ASU 2014-08 contains some disclosure changes. ASU 2014-08 is effective for the Company beginning January 1, 2015, and is not expected to have an effect on the Company's consolidated financial statements.
	On May 28, 2014, the FASB issued ASU 2014-09, Revenue From Contracts With Customers. ASU 2014-09 requires entities to recognize revenue in their financial statements in a manner that depicts the transfer of the promised goods or services to its customers in an amount that reflects the consideration to which the entity is entitled at the time of transfer of those goods or services. As a result, the amount and timing of revenue recognition may be affected. However, certain types of contracts are excluded from the provisions of ASU 2014-09, including leases. Presently, the Company's rental and other property income and tenant reimbursement income as reflected on the Company's consolidated statements of operations are the result of lease contracts and as such, are not within the scope of ASU 2014-09. However, other types of real estate related contracts, such as for dispositions or development of real estate, may be impacted by ASU 2014-09. In addition, ASU 2014-09 requires additional disclosures regarding revenue recognition. ASU 2014-09 is effective for the Company beginning January 1, 2017. The Company has not yet evaluated the impact of ASU 2014-09 on its consolidated financial statements.
	On August 27, 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. ASU 2014-15 provides guidance on determining when and how to disclose going concern uncertainties in an entity's financial statements. The new standard requires management to perform interim and annual assessments of the likelihood the entity will be unable to meet its obligations as they come due for a period of one year beyond the date the financial statements are issued. An entity must provide certain disclosures if there is substantial doubt about the entity’s ability to meet those obligations. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. The Company has not yet evaluated the impact of ASU 2014-15 on its consolidated financial statements.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	FAIR VALUE MEASUREMENTS
	Fair value measurements are determined based on the assumptions that market participants would use in pricing an asset or liability. As a basis for considering market participant assumptions in fair value measurements, FASB ASC 820, Fair Value Measurement and Disclosures, establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity's own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).
	Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are the unobservable inputs for the asset or liability, which are typically based on an entity's own assumption, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on input from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.
	The Company's investments in marketable securities are valued using Level 1 inputs as the securities are publicly traded on major stock exchanges.
	FASB ASC 825-10-65-1 requires the Company to disclose fair value information for all financial instruments for which it is practicable to estimate fair value, whether or not recognized in the consolidated balance sheets. Fair value of lines of credit and loans payable is determined using Level 2 inputs and a discounted cash flow approach with an interest rate and other assumptions that approximate current market conditions. The carrying amount of the Company's line of credit at September 30, 2014 and at December 31, 2013 approximated its fair value.
	The Company's financial instruments, other than the line of credit, are generally short-term in nature and contain minimal credit risk. These instruments consist of cash and cash equivalents, accounts and other receivables and accounts payable. The carrying amounts of these assets and liabilities in the consolidated balance sheets approximate their fair value.

REAL_ESTATE_INVESTMENTS

REAL ESTATE INVESTMENTS	9 Months Ended
	Sep. 30, 2014
Real Estate [Abstract]	'
REAL ESTATE INVESTMENTS	'
	REAL ESTATE INVESTMENTS
	On May 31, 2013, the Company acquired 9022 Heritage Parkway ("Heritage"), a low-rise office building located outside of Chicago, Illinois. Heritage was acquired for $13,300,000, excluding closing costs. The acquisition was funded with proceeds from the Offering and $6,700,000 from the Company's line of credit. Heritage is 100% leased to Allstate Insurance Company through November 30, 2018.
	On December 18, 2013, the Company acquired a mixed-use (retail and office) building located in Seattle, Washington ("Wallingford Plaza") for a purchase price of approximately $12,750,000, excluding closing costs. The acquisition was funded with proceeds from the Offering and by borrowing $5,500,000 under the Company's line of credit.
	On April 11, 2014, the Company acquired 1109 Commerce Boulevard ("Commerce Corner") for a purchase price of $19,750,000 (excluding closing costs). The acquisition was funded with proceeds from the Offering and by borrowing $17,600,000 under the Company's line of credit. Of this borrowed amount, $8,840,000 relates to Commerce Corner while the balance was borrowed against available capacity from Heritage and Wallingford Plaza. Commerce Corner consists of a 259,910 square foot industrial building fully leased to two tenants and an adjacent land parcel.
	On July 2, 2014, the Company acquired Anaheim Hills Office Plaza ("Anaheim Hills") for a purchase price of $18,500,000 (excluding closing costs). The acquisition was funded with proceeds from the Offering and by borrowing $14,700,000 under the Company's line of credit. Of this borrowed amount, $10,130,000 relates to Anaheim Hills while the balance was borrowed against available capacity from the other three properties. Anaheim Hills consists of a 73,892 square foot office building fully leased to three tenants.
	All leases at the Company's properties have been classified as operating leases. The Company allocated the purchase price of the Company's properties as of September 30, 2014 to the fair value of the assets acquired and liabilities assumed, using Level 3 inputs and assumptions, as follows:
		Heritage			Wallingford Plaza			Commerce Corner			Anaheim Hills			Total
	Land	$	2,310,684		$	3,713,306		$	3,396,680		$	6,519,531		$	15,940,201
	Building and improvements	7,206,490			7,626,594			14,304,272			9,002,457			38,139,813
	Acquired in-place leases	3,773,246			2,179,148			2,258,817			2,830,140			11,041,351
	Acquired above-market leases	9,580			—			393,562			220,199			623,341
	Acquired below-market leases	—			(791,100		)	(603,331		)	(72,327		)	(1,466,758		)
	Total purchase price	$	13,300,000		$	12,727,948		$	19,750,000		$	18,500,000		$	64,277,948
	Recent Acquisitions
	On October 2, 2014, the Company acquired Terra Nova Plaza ("Terra Nova") for a purchase price of $21,850,000 (excluding closing costs). The acquisition was funded with proceeds from the Offering and by borrowing $19,100,000 under the Company's line of credit. Of this borrowed amount, $12,000,000 relates to Terra Nova while the balance was borrowed against available capacity from the other four properties. Terra Nova consists of a 96,114 square foot retail building fully leased to two tenants. As the Company recently acquired Terra Nova, for purposes of the pro forma disclosures below, a preliminary allocation of the purchase price to the fair value of the assets acquired and liabilities assumed has been utilized.
	The Company recorded revenues and net income related to the properties acquired during the three and nine months ended September 30, 2014 as follows:
		Three Months Ended September 30, 2014			Nine Months Ended September 30, 2014
	Revenues	$	929,301		$	1,300,137
	Net income	$	251,007		$	414,191
	The Company’s estimated revenues and net loss, on a pro forma basis (as if the acquisitions of Commerce Corner, Anaheim Hills and Terra Nova were completed on January 1, 2013), for the three and nine months ended September 30, 2014 are as follows:
		Three Months Ended September 30, 2014			Nine Months Ended September 30, 2014
	Revenues	$	2,120,933		$	6,206,612
	Net loss	$	(506,270	)	$	(1,266,162	)
	The Company’s estimated revenues and net loss, on a pro forma basis (as if the acquisitions of Heritage, Wallingford Plaza, Commerce Corner, Anaheim Hills and Terra Nova were completed on January 1, 2013), for the three and nine months ended September 30, 2013 are as follows:
		Three Months Ended September 30, 2013			Nine Months Ended September 30, 2013
	Revenues	$	1,961,307		$	5,560,418
	Net loss	$	(417,802	)	$	(936,120	)
	The pro forma information for the three and nine months ended September 30, 2014 does not include acquisition costs of $75,974 and $240,573, respectively, as such costs are non-recurring. The pro forma information for the three and nine months ended September 30, 2013 does not include acquisition costs of $59,334 as such costs are non-recurring.
	The pro forma information is presented for informational purposes only and may not be indicative of what actual results of operations would have been had the transactions occurred at the beginning of period presented, nor does it purport to represent the results of future operations.

MARKETABLE_SECURITIES

MARKETABLE SECURITIES	9 Months Ended
	Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
MARKETABLE SECURITIES	'
	MARKETABLE SECURITIES
	The following is a summary of the Company's marketable securities held as of September 30, 2014 and December 31, 2013, which consisted entirely of publicly-traded shares of common stock in REITs as of each date. All marketable securities held as of September 30, 2014 and December 31, 2013 were available-for-sale securities and none were considered impaired on an other-than-temporary basis.
		30-Sep-14			December 31, 2013
	Marketable securities—cost	$	3,186,717		$	3,057,777
	Unrealized gains	190,149			42,003
	Unrealized losses	(28,407		)	(217,574		)
	Net unrealized gain (loss)	161,742			(175,571		)
	Marketable securities—fair value	$	3,348,459		$	2,882,206
	Upon the sale of a particular security, the realized net gain or loss is computed assuming the shares with the highest cost are sold first. During the three months ended September 30, 2014, marketable securities sold generated proceeds of $922,158 resulting in gross realized gains of $45,520 and gross realized losses of $16,338. During the nine months ended September 30, 2014, marketable securities sold generated proceeds of $2,530,000 resulting in gross realized gains of $106,182 and gross realized losses of $67,401.

LINE_OF_CREDIT

LINE OF CREDIT	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
LINE OF CREDIT	'
	LINE OF CREDIT
	On May 1, 2013, the Operating Partnership, as borrower, and the Company, as guarantor, entered into a secured revolving line of credit arrangement (the “Line of Credit”) pursuant to a credit agreement with Regions Bank and its affiliates, as administrative agent, sole lead arranger and sole book runner, and other lending institutions that may become parties to the credit agreement. The Line of Credit has a capacity of $50 million and may be used to fund acquisitions, redeem shares pursuant to the Company’s redemption plan and for any other corporate purpose. The initial term expires on May 1, 2015, at which point the Company can exercise a single one-year extension option upon satisfaction of specified conditions. Borrowings under the Line of Credit carry a specified interest rate which, at the option of the Company, may be comprised of (1) a base rate, currently equal to the prime rate, or (2) a rate based on the one-, two- or three-month London Interbank Offered Rate (“LIBOR”) plus a spread ranging from 220 to 250 basis points, depending on the Company's consolidated debt-to-value ratio. As of September 30, 2014, the outstanding balance and interest rate were $29,300,000 and 2.35%, respectively.
	The borrowing capacity under the Line of Credit (the “Borrowing Base”) at any time is equal to the sum of (1) the lesser of (a) 60% of the value of the Company's real estate investments which are encumbered by the Line of Credit (such value as determined by the administrative agent on an annual basis), and (b) the amount determined by reference to a specified debt service coverage calculation, and (2) 50% of the value of the Company’s investments in eligible marketable securities. The portion of the Borrowing Base attributable to marketable securities cannot exceed 20% of the total Borrowing Base. Additionally, up to 15% of the amount of the Borrowing Base attributable to real estate investments can be utilized for ground leased properties. As of September 30, 2014, the Company’s Borrowing Base was $39,307,694.
	The Line of Credit agreement contains customary representations, warranties, borrowing conditions and affirmative, negative and financial covenants, including minimum net worth, debt service coverage requirements, fixed charge ratio requirements, leverage ratio requirements and distribution payout and REIT status requirements. In December 2013, the Company obtained an extension of time to comply with the fixed charge coverage ratio such that this particular covenant would not apply to the Company until the three months ended June 30, 2014. The Company would need to comply with this covenant to expand the capacity of the Line of Credit. A breach of this covenant would trigger an event of default, which provides the lenders the right to exercise their rights and remedies under the credit agreement. In addition, the Line of Credit contained a provision whereby if the Company did not have at least $50 million of tangible net worth (as defined in the Line of Credit agreement) by May 1, 2014, the available, undrawn commitments under the Line of Credit would be canceled, and the Company would have no ability to borrow additional amounts, or re-borrow amounts subsequently repaid, under the Line of Credit.
	On April 30, 2014, the Company and Regions Bank entered into an amendment to the Line of Credit whereby satisfaction of the fixed charge coverage ratio and achieving $50 million of tangible net worth would not be required until the earlier of (a) the date the Company achieved total cumulative capital raise of $200 million, (b) the Line of Credit is syndicated to one or more additional lenders (upon meeting the criteria for such syndication) or (c) December 31, 2014. As of September 30, 2014, none of these events had yet occurred. If the Company does not meet either the fixed charge coverage ratio or have $50 million of tangible net worth by the first of the three possible occurrences, then, while a default under the Line of Credit will not be triggered, the undrawn commitments may be reduced to zero in which case the Company will have no ability to borrow additional funds nor re-borrow amounts subsequently repaid. In addition, if either (1) the financial support provided by RREEF America under the advisory and expense support agreements ends or is otherwise terminated, or (2) the undrawn commitments are reduced to zero, resulting from the Company not meeting the fixed charge coverage ratio or achieving $50 million of tangible net worth, by the applicable date, then the interest rate under the Line of Credit will increase by 100 basis points above the then current interest rate. If both of the tests identified above as (1) and (2) are not met by the applicable date, then the interest rate under the Line of Credit will increase by 200 basis points over the interest rate in effect prior to either test not being met. The Company was in compliance with all covenants as of September 30, 2014.

RELATED_PARTY_ARRANGEMENTS

RELATED PARTY ARRANGEMENTS	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
RELATED PARTY ARRANGEMENTS	'
	RELATED PARTY ARRANGEMENTS
	Advisory Agreement
	RREEF America is entitled to compensation and reimbursements in connection with the management of the Company's investments in accordance with an advisory agreement between RREEF America and the Company. The advisory agreement is for a one-year term and is renewable annually upon the review and approval of the Company's board of directors, including the approval of a majority of the Company's independent directors. The advisory agreement has a current expiration date of January 3, 2015. There is no limit to the number of terms for which the advisory agreement can be renewed.
	Fees
	Under the advisory agreement, RREEF America can earn an advisory fee split between two components as described below.
	1	The fixed component accrues daily in an amount equal to 1/365th of 1.0% of the Company's NAV for each class of shares for such day; provided, however, that the fixed component will not be earned and, therefore, will not begin to accrue until the date on which the Company's combined NAV for both classes of shares has reached $50,000,000. The fixed component of the advisory fee is payable monthly in arrears.
	2	The performance component is calculated for each class of shares on the basis of the total return to stockholders and is measured by the total distributions per share paid to such class plus the change in the NAV per share for such class. For any calendar year in which the total return per share allocable to a class exceeds 6% per annum, RREEF America will receive 25% of the excess total return allocable to that class; provided, however, that in no event will the performance component exceed 10% of the aggregate total return allocable to such class for such year. The performance component earned by RREEF America for each class is subject to certain other adjustments which do not apply unless the NAV per share is below $12.00 per share. The performance component is payable annually in arrears. The actual performance component earned by RREEF America during the year ended December 31, 2014, if any, is dependent on several factors, including but not limited to the performance of the Company's investments, interest rates, and the expense support provided by RREEF America, as hereinafter described.
	The fees earned by RREEF America for the three and nine months ended September 30 are shown below.
		Three Months Ended September 30, 2014				Nine Months Ended September 30, 2014				Three Months Ended September 30, 2013		Nine Months Ended September 30, 2013
	Fixed component (1)	$	—			$	—			$	—	$	—
	Performance component (2)	145,382				265,985				—		—
		$	145,382			$	265,985			$	—	$	—
	-1	No fixed component was earned for any period as the Company’s combined NAV for both classes of shares had not yet reached $50,000,000.
	-2	RREEF America waived the performance component earned for 2013.
	Organization and offering costs
	Under the advisory agreement, RREEF America agreed to pay all of the Company’s organization and offering costs through January 3, 2013. In addition, RREEF America agreed to pay certain of the Company’s organization and offering costs from January 3, 2013 through January 3, 2014 that were incurred in connection with certain offering related activities. In total, RREEF America incurred $4,618,318 of these costs (the “Deferred O&O”) on behalf of the Company from the Company’s inception through January 3, 2014. Pursuant to the advisory agreement, the Company began reimbursing RREEF America monthly for the Deferred O&O on a straight-line basis over 60 months beginning in January 2014.
	Expense Support Agreement
	Pursuant to the terms of the Expense Support Agreement as amended on May 8, 2014, RREEF America has agreed to defer reimbursement of certain expenses related to the Company's operations that RREEF America has incurred, and may continue to incur, that are not part of the Deferred O&O described above and therefore are in addition to the Deferred O&O amount (“Expense Payments”). The Expense Payments may include organization and offering costs and operating expenses as described above under the Company's advisory agreement. RREEF America may incur these expenses until the earlier of (i) the date the Company has raised $200 million in aggregate gross proceeds from the Offering or (ii) the date upon which the aggregate Expense Payments by RREEF America exceed $7,100,000. Through September 30, 2014, the Company had raised $42.45 million in the Offering and had incurred a total of $5,877,277 in Expense Payments in addition to the $4,618,318 of Deferred O&O noted above. Details of the Expense Payments incurred by RREEF America are detailed below.
		Organization and offering costs				Operating expenses				Total
	Balance, December 31, 2013	$	741,361			$	2,277,061			$	3,018,422
	Additions	1,070,303				1,788,552				2,858,855
	Reimbursements made to RREEF America	—				—				—
	Balance, September 30, 2014	$	1,811,664			$	4,065,613			$	5,877,277
	Pursuant to the Expense Support Agreement, RREEF America has agreed to defer reimbursement of Expense Payments until the earlier of (i) the quarter beginning on January 1, 2015 or (ii) the quarter in which the Company surpasses $200 million in aggregate gross proceeds from the Offering. Upon the commencement of reimbursement, the Company will reimburse RREEF America $250,000 per quarter, subject to adjustment as described in the Expense Support Agreement. Through September 30, 2014, the Company has made no reimbursements to RREEF America under the Expense Support Agreement.
	Reimbursement Limitations
	Organization and offering costs
	The Company will not reimburse RREEF America for any organization and offering costs which would cause the Company's total organization and offering costs to exceed 15% of the gross proceeds from the primary offering (excluding shares issued via the distribution reinvestment plan). Further, the Company will not reimburse RREEF America for any underwriting compensation (a subset of organization and offering costs) which would cause the Company's total underwriting compensation to exceed 10% of the gross proceeds from the primary offering. A summary of the Company's total organization and offering costs is shown below.
		Deferred O&O - RREEF America				Expense Payments				Costs not subject to reimbursement by RREEF America		Amount in excess of the 15% limit			Total
	Balance, December 31, 2013	$	4,618,318			$	741,361			$	229,237	$	(1,630,918	)	$	3,957,998
	Additions	—				1,070,303				569,562		608,127			2,247,992
	Reimbursements made to RREEF America	—				—				—		—			—
	Balance, September 30, 2014	$	4,618,318			$	1,811,664			$	798,799	$	(1,022,791	)	$	6,205,990
	At any point in time, the amount of the organization and offering costs in excess of the 15% limitation is not reflected in the Company's consolidated financial statements as a liability. However, as the Company raises additional proceeds from the Offering, it may become obligated to RREEF America for all or a portion of this additional amount. For purposes of reimbursement to RREEF America, the amount of organization and offering costs in excess of the 15% limitation is deducted from the Deferred O&O. The amounts of organization and offering costs payable to RREEF America are therefore as follows.
			30-Sep-14				December 31, 2013
	Total Deferred O&O		$	4,618,318			$	4,618,318
	Amount in excess of 15% limitation		(1,022,791		)		(1,630,918		)
	Reimbursements made to RREEF America		(685,413		)		—
	Deferred O&O reimbursable to RREEF America		2,910,114				2,987,400
	Expense Payments		1,811,664				741,361
	Total organization and offering costs payable to RREEF America		$	4,721,778			$	3,728,761
	Operating expenses
	Pursuant to the Company’s charter, the Company may reimburse RREEF America, at the end of each fiscal quarter, for total operating expenses incurred by RREEF America, whether under the Expense Support Agreement or otherwise. However, commencing with the quarter ended June 30, 2014, the Company may not reimburse RREEF America at the end of any fiscal quarter for total operating expenses (as defined in the Company’s charter) that, in the four consecutive fiscal quarters then ended, exceed the greater of 2% of average invested assets or 25% of net income determined without reduction for any additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of the Company's assets for that period (the “2%/25% Guidelines”). Notwithstanding the foregoing, the Company may reimburse RREEF America for expenses in excess of the 2%/25% Guidelines if a majority of the Company’s independent directors determines that such excess expenses (an “Excess Amount”) are justified based on unusual and non-recurring factors. For the four fiscal quarters ended September 30, 2014, total operating expenses of the Company were $2,200,143, which exceeded the 2%/25% Guidelines by $1,367,734. On November 11, 2014, the Company’s independent directors determined that the Excess Amount of total operating expenses for the four quarters ended September 30, 2014 was justified because (1) the amounts reflect legitimate operating expenses necessary for the operation of the Company’s business, (2) the Company is currently in its acquisition and development stage, (3) the expenses incurred as a result of being a public company (including for audit and legal services, director and officer liability insurance and fees for directors) are significant and disproportionate to the Company’s average invested assets and net income, and (4) the Company’s average invested assets was low due to the Company’s ownership of only 1 - 4 properties during the four fiscal quarters ended September 30, 2014. The Excess Amount approved by the Company’s independent directors will be eligible for reimbursement in the future pursuant to the terms and conditions of the Expense Support Agreement with RREEF America.
	Due to Affiliates
	In accordance with all the above, as of September 30, 2014 and December 31, 2013, the Company owed RREEF America for the following amounts:
		30-Sep-14				December 31, 2013
	Deferred O&O	$	2,910,114			$	2,987,400
	Expense Payments	5,877,277				3,018,422
	Performance component of advisory fees	265,985				—
	Due to affiliates	$	9,053,376			$	6,005,822

CAPITALIZATION

CAPITALIZATION	9 Months Ended
	Sep. 30, 2014
Capitalization [Abstract]	'
CAPITALIZATION	'
	CAPITALIZATION
	Under the Company's charter, the Company has the authority to issue 1,000,000,000 shares of common stock, 500,000,000 of which are classified as Class A shares and 500,000,000 of which are classified as Class B shares. In addition, the Company has the authority to issue 50,000,000 shares of preferred stock. All shares of such stock have a par value of $0.01 per share. Class A shares issued in the primary offering are subject to selling commissions of up to 3% of the purchase price, dealer manager fees and distribution fees. Class B shares are subject to dealer manager fees, but are not subject to any selling commissions or distribution fees. The Company's board of directors is authorized to amend its charter from time to time, without the approval of the stockholders, to increase or decrease the aggregate number of authorized shares of capital stock or the number of shares of any class or series that the Company has authority to issue.
	Distribution Reinvestment Plan
	The Company has adopted a distribution reinvestment plan that will allow stockholders to have the cash distributions attributable to the class of shares that the stockholder owns automatically invested in additional shares of the same class. Shares are offered pursuant to the Company's distribution reinvestment plan at the NAV per share applicable to that class, calculated as of the distribution date and after giving effect to all distributions. Stockholders who elect to participate in the distribution reinvestment plan, and who are subject to U.S. federal income taxation laws, will incur a tax liability on an amount equal to the fair value on the relevant distribution date of the shares of the Company's common stock purchased with reinvested distributions, even though such stockholders have elected not to receive the distributions used to purchase those shares of the Company's common stock in cash.
	Redemption Plan
	In an effort to provide the Company's stockholders with liquidity in respect of their investment in shares of the Company's common stock, the Company has adopted a redemption plan whereby on a daily basis stockholders may request the redemption of all or any portion of their shares. The redemption price per share is equal to the Company's NAV per share of the class of shares being redeemed on the date of redemption. The total amount of redemptions in any calendar quarter will be limited to Class A and Class B shares whose aggregate value (based on the redemption price per share on the date of the redemption) is equal to 5% of the Company's combined NAV for both classes of shares as of the last day of the previous calendar quarter. In addition, if redemptions do not reach the 5% limit in a calendar quarter, the unused portion generally will be carried over to the next quarter and not any subsequent quarter, except that the maximum amount of redemptions during any quarter may never exceed 10% of the combined NAV for both classes of shares as of the last day of the previous calendar quarter. If the quarterly volume limitation is reached on or before the third business day of a calendar quarter, redemption requests during the next quarter will be satisfied on a stockholder by stockholder basis, which the Company refers to as a per stockholder allocation, instead of a first-come, first-served basis. Pursuant to the per stockholder allocation, each stockholder would be allowed to request redemption at any time during such quarter of a total number of shares not to exceed 5% of the shares of common stock the stockholder held as of the end of the prior quarter. The per stockholder allocation requirement will remain in effect for each succeeding quarter for which the total redemptions for the immediately preceding quarter exceeded 4% of the Company's NAV on the last business day of such preceding quarter. If total redemptions during a quarter for which the per stockholder allocation applies are equal to or less than 4% of the Company's NAV on the last business day of such preceding quarter, then redemptions will again be satisfied on a first-come, first-served basis for the next succeeding quarter and each quarter thereafter.
	Each redemption request will be evaluated by the Company in consideration of rules and regulations promulgated by the Internal Revenue Service with respect to dividend equivalent redemptions. Redemptions that may be considered dividend equivalent redemptions may adversely affect the Company or its stockholders. Accordingly, the Company may reject any redemption request that it reasonably believes may be treated as a dividend equivalent redemption.
	While there is no minimum holding period, shares redeemed within 365 days of the date of purchase will be redeemed at the Company's NAV per share of the class of shares being redeemed on the date of redemption less a short-term trading discount equal to 2% of the gross proceeds otherwise payable with respect to the redemption.
	In the event that any stockholder fails to maintain a minimum balance of $500 of shares of common stock, the Company may redeem all of the shares held by that stockholder at the redemption price per share in effect on the date it is determined that the stockholder has failed to meet the minimum balance, less the short-term trading discount of 2%, if applicable. Minimum account redemptions will apply even in the event that the failure to meet the minimum balance is caused solely by a decline in the Company's NAV.
	During the nine months ended September 30, 2014, three redemption requests were received and processed. During the first quarter of 2014, the Company processed one redemption request for 7,962 Class A shares at a price of $12.21 per share, before allowing for the 2% short-term trading discount. During the second quarter of 2014, the Company processed one redemption request for 2,047 Class A shares at a price of $12.30 per share, before allowing for the 2% short-term trading discount. During the third quarter of 2014, the Company processed one redemption request for 8,190 Class B shares at a price of $12.48 per share. The Company funded these redemptions with cash flows from operations.
	The Company's board of directors has the discretion to suspend or modify the redemption plan at any time, including in circumstances where it (1) determines that such action is in the best interest of the Company's stockholders, (2) determines that it is necessary due to regulatory changes or changes in law or (3) becomes aware of undisclosed material information that it believes should be publicly disclosed before shares are redeemed. In addition, the Company's board of directors may suspend the Offering, including the redemption plan, if it determines that the calculation of NAV is materially incorrect or there is a condition that restricts the valuation of a material portion of the Company's assets. If the board of directors materially amends (including any reduction of the quarterly limit) or suspends the redemption plan during any quarter, other than any temporary suspension to address certain external events unrelated to the Company's business, any unused portion of that quarter’s 5% limit will not be carried forward to the next quarter or any subsequent quarter.

DISTRIBUTIONS

DISTRIBUTIONS	9 Months Ended
	Sep. 30, 2014
Distributions [Abstract]	'
DISTRIBUTIONS	'
	DISTRIBUTIONS
	In order to qualify as a REIT, the Company is required, among other things, to make distributions each taxable year of at least 90% of its taxable income determined without regard to the dividends-paid deduction and excluding net capital gains, and to meet certain tests regarding the nature of the Company's income and assets. The Company expects that its board of directors will continue to declare distributions with a daily record date, payable monthly in arrears. Any distributions the Company makes will be at the discretion of its board of directors, considering factors such as its earnings, cash flow, capital needs and general financial condition and the requirements of Maryland law. The Company commenced operations on May 30, 2013 and elected taxation as a REIT for the year ended December 31, 2013.
	Shown below are details of the Company's distributions for 2014.
		Three Months Ended						Nine Months Ended September 30, 2014
		31-Mar-14		30-Jun-14		30-Sep-14
	Declared daily distribution rate, before adjustment for class-specific expenses	$	0.00167167	$	0.00169307	$	0.00169924
	Distributions paid or payable in cash	$	130,908	$	154,435	$	200,365	$	485,708
	Distributions reinvested	217,739		242,092		278,194		738,025
	Distributions declared	$	348,647	$	396,527	$	478,559	$	1,223,733
	Class A shares issued upon reinvestment	5,162		6,244		8,109		19,515
	Class B shares issued upon reinvestment	12,505		13,296		14,125		39,926

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	The Company elected taxation as a REIT for federal income tax purposes for the year ended December 31, 2013. In each calendar year that the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal income tax to the extent it meets certain criteria and distributes its REIT taxable income to its stockholders. Distributions declared and paid by the Company may consist of ordinary income, qualifying dividends, return of capital, capital gains or a combination thereof. The characterization of the distributions into these various components will impact how the distributions are taxable to the stockholder who received them. Distributions that constitute a return of capital generally are non-taxable and will reduce the stockholder's basis in the shares. The characterization of the distributions is generally determined during the month of January following the close of the tax year.

SEGMENT_INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	For the three and nine months ended September 30, 2014, the Company had two segments with reportable information: Real Estate Properties and Real Estate Equity Securities. The Company organizes and analyzes the operations and results of each of these segments independently, due to inherently different considerations for each segment. Such considerations include, but are not limited to, the nature and characteristics of the investment, and investment strategies and objectives. The following tables set forth the carrying value, revenue and the components of operating income of the Company's segments reconciled to total assets as of September 30, 2014 and December 31, 2013 and net loss for the three and nine months ended September 30, 2014 and 2013.
			Real Estate Properties		Real Estate Equity Securities			Total
	Carrying value as of September 30, 2014		$	63,514,265	$	3,348,459		$	66,862,724
	Reconciliation to total assets of September 30, 2014
		Carrying value per reportable segments						$	66,862,724
		Corporate level assets						4,842,403
		Total assets						$	71,705,127
	Carrying value as of December 31, 2013		$	26,216,217	$	2,882,206		$	29,098,423
	Reconciliation to total assets of December 31, 2013
		Carrying value per reportable segments						$	29,098,423
		Corporate level assets						3,593,611
		Total assets						$	32,692,034
			Real Estate Properties		Real Estate Equity Securities			Total
	Three Months Ended September 30, 2014
	Revenues
		Rental and other property income	$	1,389,716	$	—		$	1,389,716
		Tenant reimbursement income	165,478		—			165,478
		Investment income on marketable securities	—		29,616			29,616
		Total revenues	1,555,194		29,616			1,584,810
	Operating expenses
		Property operating expenses	334,404		—			334,404
		Total segment operating expenses	334,404		—			334,404
	Operating income - segments		$	1,220,790	$	29,616		$	1,250,406
	Three Months Ended September 30, 2013
	Revenues
		Rental and other property income	$	313,307	$	—		$	313,307
		Tenant reimbursement income	—		—			—
		Investment income on marketable securities	—		29,299			29,299
		Total revenues	313,307		29,299			342,606
	Operating expenses
		Property operating expenses	11,927		—			11,927
		Total segment operating expenses	11,927		—			11,927
	Operating income - Segments		$	301,380	$	29,299		$	330,679
	Reconciliation to net loss				Three Months Ended September 30, 2014			Three Months Ended September 30, 2013
	Operating income - segments				$	1,250,406		$	330,679
		General and administrative expenses			(543,793		)	(538,253		)
		Advisory expenses			(145,382		)	—
		Acquisition related expenses			(75,974		)	(848		)
		Depreciation			(306,179		)	(73,577		)
		Amortization			(457,618		)	(171,407		)
	Operating loss				(278,540		)	(453,406		)
		Interest expense			(310,450		)	(138,375		)
		Net realized gain (loss) upon sale of marketable securities			29,182			4,678
	Net loss				$	(559,808	)	$	(587,103	)
			Real Estate Properties		Real Estate Equity Securities			Total
	Nine Months Ended September 30, 2014
	Revenues
		Rental and other property income	$	2,775,259	$	—		$	2,775,259
		Tenant reimbursement income	326,795		—			326,795
		Investment income on marketable securities	—		81,852			81,852
		Total revenues	3,102,054		81,852			3,183,906
	Operating expenses
		Property operating expenses	556,068		—			556,068
		Total segment operating expenses	556,068		—			556,068
	Operating income - Segments		$	2,545,986	$	81,852		$	2,627,838
	Nine Months Ended September 30, 2013
	Revenues
		Rental and other property income	$	420,801	$	—		$	420,801
		Tenant reimbursement income	—		—			—
		Investment income on marketable securities	—		49,289			49,289
		Total revenues	420,801		49,289			470,090
	Operating expenses
	Property operating expenses	16,140		—			16,140
	Total segment operating expenses	16,140		49,289			16,140
Operating income - Segments		$	404,661	$	19,990		$	453,950
Reconciliation to net loss				Nine Months Ended September 30, 2014			Nine Months Ended September 30, 2013
Operating income - Segments				$	2,627,838		$	453,950
	General and administrative expenses			(1,635,963		)	(1,084,129		)
	Advisory expenses			(265,985		)	—
	Acquisition related expenses			(240,573		)	(59,334		)
	Depreciation			(639,496		)	(110,365		)
	Amortization			(949,055		)	(230,386		)
Operating loss				(1,103,234		)	(1,030,264		)
	Interest expense			(659,076		)	(211,473		)
	Net realized gain (loss) upon sale of marketable securities			38,781			(25,075		)
Net loss				$	(1,723,529	)	$	(1,266,812	)

ECONOMIC_DEPENDENCY

ECONOMIC DEPENDENCY	9 Months Ended
	Sep. 30, 2014
Economic Dependency [Abstract]	'
ECONOMIC DEPENDENCY	'
	ECONOMIC DEPENDENCY
	The Company depends on RREEF America, the Dealer Manager and Realty Capital Securities, LLC (the "Wholesaler") for certain services that are essential to the Company, including the sale of the Company's shares of common stock, asset acquisition and disposition decisions and other general and administrative responsibilities. In the event that RREEF America, the Dealer Manager or the Wholesaler is unable to provide such services, the Company would be required to find alternative service providers.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	In the normal course of business, from time to time, the Company may be involved in legal actions relating to the ownership and operations of real estate investments. In the Company's opinion, the liabilities, if any, that may ultimately result from such legal actions are not expected to have a material adverse effect on the Company's consolidated financial position, results of operations or liquidity.
	The Company, as an owner of real estate, is subject to various environmental laws of federal and local governments. All of the Company's properties were subject to assessments, involving visual inspections of the properties and their neighborhoods. The Company carries environmental liability insurance on its properties that provides coverage for remediation liability and pollution liability for third-party bodily injury and property damage claims. The Company does not believe such environmental assessments will have a material adverse impact on the Company's consolidated financial position or results of operations in the future.
	As discussed in Note 7, the Company may become liable to RREEF America for additional amounts that RREEF America has paid on behalf of the Company, with such additional liability dependent upon the amount of shares sold by the Company.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	On October 1, 2014, the Company announced that its board of directors declared a cash distribution equal to $0.00173473 per Class A and Class B share (before adjustment for applicable class-specific expenses) for all such shares of record on each day from October 1, 2014 through December 31, 2014.
	On October 2, 2014, the Company acquired a retail building in a shopping center known as Terra Nova Plaza in Chula Vista, California ("Terra Nova") for a purchase price of $21,850,000, excluding closing costs. This property is comprised of a single, 96,114 square foot one-story retail building fully leased to two tenants. This acquisition was funded with existing capital and by borrowing $19,100,000 from the Company's line of credit.
	During October 2014, the Company received requests for and processed three redemptions for a total of 52,201 Class B shares at a weighted average price of $12.70 per share before allowing for the 2% short term trading discount, as applicable.
	On November 11, 2014, the Company’s independent directors determined that the amount by which the Company’s total operating expenses for the four quarters ended September 30, 2014 exceeded the 2%/25% Guidelines was justified. See Note 7.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Principles of Consolidation	'
	Basis of Presentation and Principles of Consolidation
	The accompanying interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with Rule 10-01 of Regulation S-X for interim financial statements. Accordingly, these consolidated financial statements do not include all the information and footnotes required by GAAP for complete consolidated financial statements. In the opinion of the Company's management, the accompanying consolidated financial statements include all adjustments and eliminations, consisting only of normal recurring items necessary for their fair presentation in conformity with GAAP. Interim results are not necessarily indicative of operating results for a full year. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with our audited financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2013. There have been no significant changes to Company's significant accounting policies during the nine months ended September 30, 2014.
Use of Estimates	'
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Organization and Offering Expenses	'
	Organization and Offering Expenses
	Organizational expenses and other expenses which do not qualify as offering costs are expensed as incurred from and after the commencement of operations. Offering costs are those costs incurred by the Company, RREEF America and its affiliates on behalf of the Company which relate directly to the Company’s activities of raising capital in the Offering, preparing for the Offering, the qualification and registration of the Offering, and the marketing and distribution of the Company’s shares. This includes, but is not limited to, accounting and legal fees, including the legal fees of SC Distributors, LLC, the dealer manager for the Offering (the “Dealer Manager”), costs for registration statement amendments and prospectus supplements, printing, mailing and distribution costs, filing fees, amounts to reimburse RREEF America as the Company’s advisor or its affiliates for the salaries of employees and other costs in connection with preparing supplemental sales literature, amounts to reimburse the Dealer Manager for amounts that it may pay to reimburse the bona fide due diligence expenses of any participating broker-dealers supported by detailed and itemized invoices, telecommunication costs, fees of the transfer agent, registrars, trustees, depositories and experts, the cost of educational conferences held by the Company (including the travel, meal and lodging costs of registered representatives of any participating broker-dealers), and attendance fees and cost reimbursement for employees of affiliates to attend retail seminars conducted by broker-dealers. Offering costs will be deferred and will be paid from the proceeds of the Offering. These costs will be treated as a reduction of the total proceeds. Total organization and offering costs incurred by the Company will not exceed 15% of the gross proceeds from the primary offering.
Concentration of Credit Risk	'
	Concentration of Credit Risk
	As of September 30, 2014, the Company had cash on deposit at multiple financial institutions which were in excess of federally insured levels. The Company limits significant cash holdings to accounts held by financial institutions with a high credit standing. Therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits.
	As of September 30, 2014, the Company owned four properties housing eleven tenants. Percentages of gross rental revenues by location and tenant representing more than 10% of the Company's total gross rental revenues are shown below.
	Property	Three Months Ended September 30, 2014		Nine Months Ended September 30, 2014
	Heritage Parkway, Woodridge, IL	20.1	%	30.3	%
	Wallingford Plaza, Seattle, WA	20.1	%	27.8	%
	Commerce Corner, Logan Township, NJ	27.9	%	25.9	%
	Anaheim Hills Office Plaza, Anaheim, CA	31.9	%	16	%
		100	%	100	%
	Tenant	Three Months Ended September 30, 2014		Nine Months Ended September 30, 2014
	Allstate Insurance - Heritage Parkway	20.1	%	30.3	%
	Performance Food Group, Inc. - Commerce Corner	16.8	%	15.7	%
	Walgreen Company - Wallingford Plaza	9.5	%	14.3	%
	Gateway One Lending and Finance, L.L.C. - Anaheim Hills Office Plaza	21.6	%	10.8	%
	Mission Produce, Inc. - Commerce Corner	11.1	%	10.3	%
	Total	79.1	%	81.4	%
	As of September 30, 2014, in-place annualized base rental revenues were concentrated 23.8% in Gateway One Lending and Finance, L.L.C., 23.8% in Allstate Insurance Company and 15.9% in Performance Food Group Inc.

REAL_ESTATE_INVESTMENTS_Tables

REAL ESTATE INVESTMENTS (Tables)	9 Months Ended
	Sep. 30, 2014
Real Estate [Abstract]	'
Schedule of Real Estate Acquired, Purchase Price Allocation	'
	The Company allocated the purchase price of the Company's properties as of September 30, 2014 to the fair value of the assets acquired and liabilities assumed, using Level 3 inputs and assumptions, as follows:
		Heritage		Wallingford Plaza			Commerce Corner			Anaheim Hills			Total
	Land	$	2,310,684	$	3,713,306		$	3,396,680		$	6,519,531		$	15,940,201
	Building and improvements	7,206,490		7,626,594			14,304,272			9,002,457			38,139,813
	Acquired in-place leases	3,773,246		2,179,148			2,258,817			2,830,140			11,041,351
	Acquired above-market leases	9,580		—			393,562			220,199			623,341
	Acquired below-market leases	—		(791,100		)	(603,331		)	(72,327		)	(1,466,758		)
	Total purchase price	$	13,300,000	$	12,727,948		$	19,750,000		$	18,500,000		$	64,277,948

MARKETABLE_SECURITIES_Tables

MARKETABLE SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Schedule of Marketable Securities	'
	The following is a summary of the Company's marketable securities held as of September 30, 2014 and December 31, 2013, which consisted entirely of publicly-traded shares of common stock in REITs as of each date. All marketable securities held as of September 30, 2014 and December 31, 2013 were available-for-sale securities and none were considered impaired on an other-than-temporary basis.
		30-Sep-14			December 31, 2013
	Marketable securities—cost	$	3,186,717		$	3,057,777
	Unrealized gains	190,149			42,003
	Unrealized losses	(28,407		)	(217,574		)
	Net unrealized gain (loss)	161,742			(175,571		)
	Marketable securities—fair value	$	3,348,459		$	2,882,206

RELATED_PARTY_ARRANGEMENTS_Tab

RELATED PARTY ARRANGEMENTS (Tables)	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
	The amounts of organization and offering costs payable to RREEF America are therefore as follows.
			30-Sep-14				December 31, 2013
	Total Deferred O&O		$	4,618,318			$	4,618,318
	Amount in excess of 15% limitation		(1,022,791		)		(1,630,918		)
	Reimbursements made to RREEF America		(685,413		)		—
	Deferred O&O reimbursable to RREEF America		2,910,114				2,987,400
	Expense Payments		1,811,664				741,361
	Total organization and offering costs payable to RREEF America		$	4,721,778			$	3,728,761
	A summary of the Company's total organization and offering costs is shown below.
		Deferred O&O - RREEF America				Expense Payments				Costs not subject to reimbursement by RREEF America		Amount in excess of the 15% limit			Total
	Balance, December 31, 2013	$	4,618,318			$	741,361			$	229,237	$	(1,630,918	)	$	3,957,998
	Additions	—				1,070,303				569,562		608,127			2,247,992
	Reimbursements made to RREEF America	—				—				—		—			—
	Balance, September 30, 2014	$	4,618,318			$	1,811,664			$	798,799	$	(1,022,791	)	$	6,205,990
	s of September 30, 2014 and December 31, 2013, the Company owed RREEF America for the following amounts:
		30-Sep-14				December 31, 2013
	Deferred O&O	$	2,910,114			$	2,987,400
	Expense Payments	5,877,277				3,018,422
	Performance component of advisory fees	265,985				—
	Due to affiliates	$	9,053,376			$	6,005,822
	Details of the Expense Payments incurred by RREEF America are detailed below.
		Organization and offering costs				Operating expenses				Total
	Balance, December 31, 2013	$	741,361			$	2,277,061			$	3,018,422
	Additions	1,070,303				1,788,552				2,858,855
	Reimbursements made to RREEF America	—				—				—
	Balance, September 30, 2014	$	1,811,664			$	4,065,613			$	5,877,277
	The fees earned by RREEF America for the three and nine months ended September 30 are shown below.
		Three Months Ended September 30, 2014				Nine Months Ended September 30, 2014				Three Months Ended September 30, 2013		Nine Months Ended September 30, 2013
	Fixed component (1)	$	—			$	—			$	—	$	—
	Performance component (2)	145,382				265,985				—		—
		$	145,382			$	265,985			$	—	$	—

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information	'
	The following tables set forth the carrying value, revenue and the components of operating income of the Company's segments reconciled to total assets as of September 30, 2014 and December 31, 2013 and net loss for the three and nine months ended September 30, 2014 and 2013.
			Real Estate Properties		Real Estate Equity Securities			Total
	Carrying value as of September 30, 2014		$	63,514,265	$	3,348,459		$	66,862,724
	Reconciliation to total assets of September 30, 2014
		Carrying value per reportable segments						$	66,862,724
		Corporate level assets						4,842,403
		Total assets						$	71,705,127
	Carrying value as of December 31, 2013		$	26,216,217	$	2,882,206		$	29,098,423
	Reconciliation to total assets of December 31, 2013
		Carrying value per reportable segments						$	29,098,423
		Corporate level assets						3,593,611
		Total assets						$	32,692,034
			Real Estate Properties		Real Estate Equity Securities			Total
	Three Months Ended September 30, 2014
	Revenues
		Rental and other property income	$	1,389,716	$	—		$	1,389,716
		Tenant reimbursement income	165,478		—			165,478
		Investment income on marketable securities	—		29,616			29,616
		Total revenues	1,555,194		29,616			1,584,810
	Operating expenses
		Property operating expenses	334,404		—			334,404
		Total segment operating expenses	334,404		—			334,404
	Operating income - segments		$	1,220,790	$	29,616		$	1,250,406
	Three Months Ended September 30, 2013
	Revenues
		Rental and other property income	$	313,307	$	—		$	313,307
		Tenant reimbursement income	—		—			—
		Investment income on marketable securities	—		29,299			29,299
		Total revenues	313,307		29,299			342,606
	Operating expenses
		Property operating expenses	11,927		—			11,927
		Total segment operating expenses	11,927		—			11,927
	Operating income - Segments		$	301,380	$	29,299		$	330,679
	Reconciliation to net loss				Three Months Ended September 30, 2014			Three Months Ended September 30, 2013
	Operating income - segments				$	1,250,406		$	330,679
		General and administrative expenses			(543,793		)	(538,253		)
		Advisory expenses			(145,382		)	—
		Acquisition related expenses			(75,974		)	(848		)
		Depreciation			(306,179		)	(73,577		)
		Amortization			(457,618		)	(171,407		)
	Operating loss				(278,540		)	(453,406		)
		Interest expense			(310,450		)	(138,375		)
		Net realized gain (loss) upon sale of marketable securities			29,182			4,678
	Net loss				$	(559,808	)	$	(587,103	)
			Real Estate Properties		Real Estate Equity Securities			Total
	Nine Months Ended September 30, 2014
	Revenues
		Rental and other property income	$	2,775,259	$	—		$	2,775,259
		Tenant reimbursement income	326,795		—			326,795
		Investment income on marketable securities	—		81,852			81,852
		Total revenues	3,102,054		81,852			3,183,906
	Operating expenses
		Property operating expenses	556,068		—			556,068
		Total segment operating expenses	556,068		—			556,068
	Operating income - Segments		$	2,545,986	$	81,852		$	2,627,838
	Nine Months Ended September 30, 2013
	Revenues
		Rental and other property income	$	420,801	$	—		$	420,801
		Tenant reimbursement income	—		—			—
		Investment income on marketable securities	—		49,289			49,289
		Total revenues	420,801		49,289			470,090
	Operating expenses
		Property operating expenses	16,140		—			16,140
	Total segment operating expenses	16,140		49,289			16,140
Operating income - Segments		$	404,661	$	19,990		$	453,950
Reconciliation to net loss				Nine Months Ended September 30, 2014			Nine Months Ended September 30, 2013
Operating income - Segments				$	2,627,838		$	453,950
	General and administrative expenses			(1,635,963		)	(1,084,129		)
	Advisory expenses			(265,985		)	—
	Acquisition related expenses			(240,573		)	(59,334		)
	Depreciation			(639,496		)	(110,365		)
	Amortization			(949,055		)	(230,386		)
Operating loss				(1,103,234		)	(1,030,264		)
	Interest expense			(659,076		)	(211,473		)
	Net realized gain (loss) upon sale of marketable securities			38,781			(25,075		)
Net loss				$	(1,723,529	)	$	(1,266,812	)

ORGANIZATION_Details

ORGANIZATION (Details) (USD $)	0 Months Ended	9 Months Ended					0 Months Ended
	31-May-13	Sep. 30, 2014	Sep. 30, 2013	Feb. 07, 2012	Feb. 07, 2012	Feb. 07, 2012	Feb. 14, 2012
		class_of_stock			RREEF Property Trust [Member]	RREEF Property OP Holder [Member]	Common Class B [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]	'	'	'	'	'	'	'
Issuance of common stock, shares	'	'	'	'	'	'	16,667
Issuance of common stock, value	$10,000,000	$15,080,612	$16,645,002	'	'	'	$200,000
General Partners' contributed capital	'	'	'	'	199,000	'	'
Limited Partners' contributed capital	'	'	'	'	'	1,000	'
Value of shares offered pursuant to registration statement	'	'	'	2,250,000,000	'	'	'
Dividend reinvestment plan	'	'	'	250,000,000	'	'	'
Class of common stocks	'	2	'	'	'	'	'
Inclusion of Pennsylvania investors, value of common stock purchase orders received, minimum, excluding Pennsylvania investors	'	'	'	$75,000,000	'	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)

3 Months Ended

9 Months Ended

23 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Feb. 07, 2012

Sep. 30, 2014

Jan. 03, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Property

Property

Allstate Insurance Company [Member]

RREEF America [Member]

Allstate Insurance Company [Member]

Allstate Insurance Company [Member]

performance food [Member]

performance food [Member]

Walgreen Co. [Member]

Walgreen Co. [Member]

Gateway One Lending and Finance, L.L.C [Member]

Gateway One Lending and Finance, L.L.C [Member]

Mission Produce, Inc [Member]

Mission Produce, Inc [Member]

Heritage, Woodridge [Member]

Heritage, Woodridge [Member]

Wallingford Plaza [Member]

Wallingford Plaza [Member]

1109 COmmerce Center [Member]

1109 COmmerce Center [Member]

Anaheim Hills Office Plaza [Member]

Anaheim Hills Office Plaza [Member]

tenant

tenant

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Offering costs incurred

'

'

'

'

'

$4,618,318

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reimbursement period

'

'60 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum offering costs as percentage of gross proceeds from initial public offering

'

'

'

15.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of taxable income required for REIT distribution

90.00%

90.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of real estate properties owned

4

4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Tenants

11

11

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Concentration of revenue, geographic area and property type

'

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Concentration Risk, Geographic

'1

'1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'0.2011

'0.3025

'0.2013

'0.2783

'0.2789

'0.2594

'0.3187

'0.1598

Percentage of rentable space leased

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

In-place base annualized rental revenues, as percent

'

'

'

'

'

'

23.80%

23.80%

15.90%

15.90%

23.80%

23.80%

'

'

'

'

'

'

'

'

'

'

'

'

Concentration Risk, Customer

'0.791

'0.814

'

'

'

'

'0.2011

'0.3025

'0.1684

'0.1568

'0.0945

'0.1425

'0.2158

'0.1082

'0.1105

'0.1025

'

'

'

'

'

'

'

'

Noncash or Part Noncash Acquisition, Other Liabilities Assumed

'

342,772

97,343

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Straight Line Rent

'

$203,293

$36,898

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

REAL_ESTATE_INVESTMENTS_Narrat

REAL ESTATE INVESTMENTS - Narrative (Details) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

Jul. 02, 2014

Apr. 11, 2014

Dec. 18, 2013

31-May-13

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Jul. 02, 2014

Jul. 02, 2014

31-May-13

Dec. 18, 2013

Apr. 11, 2014

Apr. 11, 2014

Oct. 02, 2014

Oct. 02, 2014

Oct. 02, 2014

tenant

tenant

Allstate Insurance Company [Member]

Anaheim Hills Office Plaza [Member]

Anaheim Hills Office Plaza [Member]

Nine Zero Two Two Heritage Parkway [Member]

Wallingford Plaza [Member]

1109 COmmerce Center [Member]

1109 COmmerce Center [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

sqft

tenant

Terra Nova Plaza [Member]

Terra Nova Plaza [Member]

sqft

sqft

Real Estate Properties [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total real estate at cost

'

'

'

'

'

'

'

'

'

$18,500,000

'

$13,300,000

$12,750,000

$19,750,000

'

'

$21,850,000

'

Acquisition funded from lines of credit

14,700,000

17,600,000

5,500,000

6,700,000

'

'

32,300,000

6,700,000

'

10,130,000

'

'

'

'

8,840,000

19,100,000

12,000,000

'

Net rentable area

'

'

'

'

'

'

'

'

'

'

73,892

'

'

259,910

'

'

'

96,114

Number of Tenants

'

'

'

'

11

'

11

'

'

'

'

'

'

2

'

'

'

'

Percentage of rentable space leased

'

'

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

Rental and other property income

'

'

'

'

1,389,716

313,307

2,775,259

420,801

'

'

'

'

'

'

'

'

'

'

Net loss

'

'

'

'

-559,808

-587,103

-1,723,529

-1,266,812

'

'

'

'

'

'

'

'

'

'

Acquisition related costs

'

'

'

'

$75,974

$848

$240,573

$59,334

'

'

'

'

'

'

'

'

'

'

REAL_ESTATE_INVESTMENTS_Purcha

REAL ESTATE INVESTMENTS - Purchase Price Allocation (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	31-May-13	Dec. 18, 2013	Apr. 11, 2014	Jul. 02, 2014
			Fair Value, Inputs, Level 3 [Member]	Fair Value, Inputs, Level 3 [Member]	Fair Value, Inputs, Level 3 [Member]	Fair Value, Inputs, Level 3 [Member]	Fair Value, Inputs, Level 3 [Member]
				Nine Zero Two Two Heritage Parkway [Member]	Wallingford Plaza [Member]	Commerce Corner member [Member]	Anaheim Hills Office Plaza [Member]
Business Acquisition [Line Items]	'	'	'	'	'	'	'
Land	'	'	$15,940,201	$2,310,684	$3,713,306	$3,396,680	$6,519,531
Building and improvements	'	'	38,139,813	7,206,490	7,626,594	14,304,272	9,002,457
Acquired in-place lease	'	'	11,041,351	3,773,246	2,179,148	2,258,817	2,830,140
Acquired above-market leases	'	'	623,341	9,580	0	393,562	220,199
Acquired below-market leases	'	'	-1,466,758	0	-791,100	-603,331	-72,327
Total purchase price	$38,250,000	$13,300,000	$64,277,948	$13,300,000	$12,727,948	$19,750,000	$18,500,000

REAL_ESTATE_INVESTMENTS_Real_E

REAL ESTATE INVESTMENTS Real Estate Investments Pro Forma (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Business Acquisition [Line Items]	'	'	'	'
Revenues	$1,584,810	$342,606	$3,183,906	$470,090
Net loss	-559,808	-587,103	-1,723,529	-1,266,812
Business Acquisition, Pro Forma Revenue	2,120,933	1,961,307	6,206,612	5,560,418
Business Acquisition, Pro Forma Net Income (Loss)	-506,270	-417,802	-1,266,162	-936,120
2014 Acquisitions [Member]	'	'	'	'
Business Acquisition [Line Items]	'	'	'	'
Revenues	929,301	'	1,300,137	'
Net loss	$251,007	'	$414,191	'

MARKETABLE_SECURITIES_Details

MARKETABLE SECURITIES (Details) (USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'	'	'
Marketable securitiesbcost	$3,186,717	$3,186,717	$3,057,777
Unrealized gains	190,149	190,149	42,003
Unrealized losses	-28,407	-28,407	-217,574
Net unrealized gain (loss)	161,742	161,742	-175,571
Marketable securitiesbfair value	3,348,459	3,348,459	2,882,206
Proceeds from sale of marketable securities	922,158	2,530,000	'
Gross realized gains from sale of marketable securities	45,520	106,182	'
Gross realized losses from sale of marketable securities	$16,338	$67,401	'

LINE_OF_CREDIT_Details

LINE OF CREDIT (Details) (USD $)	Sep. 30, 2014	8-May-14	Apr. 30, 2014	29-May-13	1-May-13	12-May-14	12-May-14	1-May-13	1-May-13
						Minimum [Member]	Maximum [Member]	Line of Credit [Member]	Line of Credit [Member]
								Minimum [Member]	Maximum [Member]
								One-, Two- or Three-Month LIBOR [Member]	One-, Two- or Three-Month LIBOR [Member]
Line of Credit Facility [Line Items]	'	'	'	'	'	'	'	'	'
Line of credit, current borrowing capacity	'	'	'	'	$50,000,000	'	'	'	'
Basis spread on variable rate	'	'	'	'	'	1.00%	2.00%	2.20%	2.50%
Line of credit, interest rate at period end	2.35%	'	'	'	'	'	'	'	'
Percentage applied to the value of qualified properties	60.00%	'	'	'	'	'	'	'	'
Percentage applied to the value of qualified marketable securities	50.00%	'	'	'	'	'	'	'	'
Maximum percentage of borrowing base made up of marketable securities	20.00%	'	'	'	'	'	'	'	'
Maximum percentage of borrowing base attributable to real estate investments, applicable to ground leased property	15.00%	'	'	'	'	'	'	'	'
Line of credit, borrowing base	39,307,694	'	'	'	'	'	'	'	'
Minimum Net Worth Required for Compliance	'	'	50,000,000	'	'	'	'	'	'
Related Party Transactions, Quarterly Payment Commitment, Triggering Event, Proceeds Raised	$42,450,000	$200,000,000	$200,000,000	$200,000,000	'	'	'	'	'

RELATED_PARTY_ARRANGEMENTS_Det

RELATED PARTY ARRANGEMENTS (Details) (USD $)	3 Months Ended		9 Months Ended					9 Months Ended	23 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	8-May-14	Apr. 30, 2014	29-May-13	Sep. 30, 2014	Jan. 03, 2014	Dec. 31, 2013
								RREEF America [Member]	RREEF America [Member]	RREEF America [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'	'	'	'
Daily advisory fee accrued as percentage of fixed component of investment	'	'	'	'	'	'	'	0.00%	'	'
Percentage of RREEF America advisory fee to NAV	'	'	'	'	'	'	'	1.00%	'	'
Reimbursement period	'	'	'60 months	'	'	'	'	'	'	'
Offering costs incurred	'	'	'	'	'	'	'	'	$4,618,318	'
Combined net asset value, common stock, at which advisory fee will begin accrual	'	'	'	'	'	'	'	50,000,000	'	'
Incentive Fee Expense	145,382	0	265,985	0	'	'	'	'	'	'
Performance fee to advisor, percentage return per share threshold	'	'	'	'	'	'	'	6.00%	'	'
Performance fee to advisor as percent of excess total return	'	'	'	'	'	'	'	25.00%	'	'
Performance fee to advisor, limit as percent of excess total return	'	'	'	'	'	'	'	10.00%	'	'
Performance fee to advisor, net asset value per share, threshold to which no fee earned on increase	'	'	'	'	'	'	'	$12	'	'
Due to related party, expenses, quarterly repayment commitment	'	'	'	'	'	'	250,000	'	'	'
Due to affiliate	42,450,000	'	42,450,000	'	200,000,000	200,000,000	200,000,000	'	'	'
Expense Payments	'	'	'	'	7,100,000	'	'	5,877,277	'	3,018,422
Expenses to advisor not reimbursable, percentage of invested assets threshold exceeded by operating expenses	'	'	'	'	'	'	'	2.00%	'	'
Expenses to advisor not reimbursable, percentage of net income excluding certain reductions threshold exceeded by operating expenses	'	'	'	'	'	'	'	25.00%	'	'
Four fiscal quarter total operating expense	'	'	2,200,143	'	'	'	'	'	'	'
Total operating expense exceed 2%/25% guideline	'	'	1,367,734	'	'	'	'	'	'	'
Reimbursable offering costs determination, gross offering costs, percentage	'	'	'	'	'	'	'	15.00%	'	'
Underwriting compensation for initial public offering as percent of gross offering proceeds	'	'	'	'	'	'	'	10.00%	'	'
Payments of Stock Issuance Costs	'	'	899,948	131,913	'	'	'	'	'	'
Deferred O&O	'	'	'	'	'	'	'	2,910,114	'	2,987,400
Expense Payments	'	'	'	'	'	'	'	2,858,855	'	'
Total offering costs	'	'	$2,158,158	'	'	'	'	'	'	'

RELATED_PARTY_ARRANGEMENTS_Fee

RELATED PARTY ARRANGEMENTS Fees (Details) (RREEF America [Member], USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
RREEF America [Member]	'		'		'		'
Related Party Transaction [Line Items]	'		'		'		'
Fixed component	$0	[1]	$0	[1]	$0	[1]	$0	[1]
Performance component	145,382	[2]	0	[2]	265,985	[2]	0	[2]
Fees	$145,382		$0		$265,985		$0
[1]	No fixed component was earned for any period as the Companybs combined NAV for both classes of shares had not yet reached $50,000,000.
[2]	RREEF America waived the performance component earned for 2013.

RELATED_PARTY_ARRANGEMENTS_Exp

RELATED PARTY ARRANGEMENTS Expense Support Agreement (Details) (USD $)	8-May-14	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014
		RREEF America [Member]	RREEF America [Member]	RREEF America [Member]
			Organization and Offering Costs [Member]	Operating Expense [Member]
Related Party Transaction [Line Items]	'	'	'	'
Expense Payments, beginning balance	$7,100,000	$3,018,422	$741,361	$2,277,061
Expense Payments, Additions	'	2,858,855	1,070,303	1,788,552
Expense Payments, ending balance	$7,100,000	$5,877,277	$1,811,664	$4,065,613

RELATED_PARTY_ARRANGEMENTS_Org

RELATED PARTY ARRANGEMENTS Organization and Offering Costs (Details) (USD $)	8-May-14	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
		Organization and Offering Costs [Member]	Organization and Offering Costs [Member]	RREEF America [Member]	RREEF America [Member]	RREEF America [Member]	RREEF America [Member]
						Organization and Offering Costs [Member]	Organization and Offering Costs [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'
Deferred O&O	'	'	'	$2,910,114	$2,987,400	$4,618,318	$4,618,318
Expense Payments	7,100,000	'	'	5,877,277	3,018,422	1,811,664	741,361
Expense Payments, Additions	'	'	'	2,858,855	'	1,070,303	'
Costs not subject to reimbursement by RREEF America	'	'	'	'	'	798,799	229,237
Costs not subject to reimbursement by RREEF America, Additions	'	'	'	'	'	569,562	'
Amount in excess of 15% limitation	'	-1,022,791	-1,630,918	'	'	-1,022,791	-1,630,918
Amount in excess of the 15% limit, Additions	'	'	'	'	'	608,127	'
Total organization and offering costs	'	'	'	'	'	6,205,990	3,957,998
Total organization and offering costs, Additions	'	'	'	'	'	2,247,992	'
Reimbursements made to RREEF America	'	-685,413	0	'	'	'	'
Deferred O&O reimbursable to RREEF America	'	2,910,114	2,987,400	'	'	'	'
Total organization and offering costs payable to RREEF America	'	$4,721,778	$3,728,761	'	'	'	'

RELATED_PARTY_ARRANGEMENTS_Due

RELATED PARTY ARRANGEMENTS Due to Affiliates (Details) (USD $)	8-May-14	Sep. 30, 2014	Dec. 31, 2013
		RREEF America [Member]	RREEF America [Member]
Related Party Transaction [Line Items]	'	'	'
Deferred O&O	'	$2,910,114	$2,987,400
Expense Payments	7,100,000	5,877,277	3,018,422
Performance component of advisory fees	'	265,985	0
Due to affiliates	'	$9,053,376	$6,005,822

CAPITALIZATION_Details

CAPITALIZATION (Details) (USD $)	12 Months Ended						3 Months Ended			3 Months Ended
	Mar. 31, 2014	Sep. 30, 2014	Aug. 19, 2014	Apr. 24, 2014	Jan. 22, 2014	Dec. 31, 2013	Sep. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
							Common Class A [Member]	Common Class A [Member]	Common Class A [Member]	Common Class B [Member]	Common Class B [Member]
Schedule of Capitalization [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Common stock redemption price per share	'	'	$12.48	$12.30	$12.21	'	'	'	'	'	'
Common stock, shares authorized (in shares)	'	1,000,000,000	'	'	'	'	500,000,000	'	500,000,000	500,000,000	500,000,000
Preferred stock, shares authorized (in shares)	'	50,000,000	'	'	'	50,000,000	'	'	'	'	'
Common stock, par value (in usd per share)	'	$0.01	'	'	'	'	$0.01	'	$0.01	$0.01	$0.01
Maximum selling commissions as percentage of purchase price	'	3.00%	'	'	'	'	'	'	'	'	'
Preferred stock, par value (in usd per share)	'	$0.01	'	'	'	$0.01	'	'	'	'	'
Aggregate redemptions value limit, as a percentage of combined net asset value	'	5.00%	'	'	'	'	'	'	'	'	'
Aggregate redemptions value including carryover limit, as a percentage of combined net asset value	'	10.00%	'	'	'	'	'	'	'	'	'
Common stock redemption limit per shareholder, as a percentage of shares held	'	5.00%	'	'	'	'	'	'	'	'	'
Redemptions as a percentage of net asset value, last business day of preceding quarter	'	4.00%	'	'	'	'	'	'	'	'	'
Short term trading penalty period	'365 days	'	'	'	'	'	'	'	'	'	'
Short-term trading discount as percentage of gross proceeds	'	2.00%	'	'	'	'	'	'	'	'	'
Stock Redeemed or Called During Period, Shares	'	'	'	'	'	'	2,047	7,962	'	8,190	'
Minimum balance of common stock, threshold at which company has option to redeem shares	'	$500	'	'	'	'	'	'	'	'	'

DISTRIBUTIONS_Details

DISTRIBUTIONS (Details) (USD $)	3 Months Ended			9 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2014
Class of Stock [Line Items]	'	'	'	'
Percentage of taxable income required for REIT distribution	90.00%	'	'	90.00%
Declared daily distribution rate, before adjustment for class-specific expenses (usd per share)	$0.00	$0.00	$0.00	'
Distributions paid or payable in cash	$200,365	$154,435	$130,908	$485,708
Distributions reinvested	278,194	242,092	217,739	738,025
Distributions declared	$478,559	$396,527	$348,647	$1,223,733
Common Class A [Member]	'	'	'	'
Class of Stock [Line Items]	'	'	'	'
Stock issued during period, dividend reinvestment plan (in shares)	8,109	6,244	5,162	19,515
Common Class B [Member]	'	'	'	'
Class of Stock [Line Items]	'	'	'	'
Stock issued during period, dividend reinvestment plan (in shares)	14,125	13,296	12,505	39,926

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
			segment
Segment Reporting Information [Line Items]	'	'	'	'	'
Real estate properties	$63,514,265	'	$63,514,265	'	$26,216,217
Investment in marketable securities	3,348,459	'	3,348,459	'	2,882,206
Investments	66,862,724	'	66,862,724	'	29,098,423
Reconciliation to total assets of September 30, 2014	'	'	'	'	'
Total assets	71,705,127	'	71,705,127	'	32,692,034
Revenues	'	'	'	'	'
Rental and other property income	1,389,716	313,307	2,775,259	420,801	'
Tenant reimbursement income	165,478	0	326,795	0	'
Investment income on marketable securities	29,616	29,299	81,852	49,289	'
Total revenues	1,584,810	342,606	3,183,906	470,090	'
Operating expenses	'	'	'	'	'
Property operating expenses	334,404	11,927	556,068	16,140	'
Total segment operating expenses	334,404	11,927	556,068	16,140	'
Operating Income - Segments	1,250,406	330,679	2,627,838	453,950	'
Reconciliation to net loss	'	'	'	'	'
General and administrative expense	-543,793	-538,253	-1,635,963	-1,084,129	'
Incentive Fee Expense	-145,382	0	-265,985	0	'
Acquisition related expenses	-75,974	-848	-240,573	-59,334	'
Depreciation	-306,179	-73,577	-639,496	-110,365	'
Amortization	-457,618	-171,407	-949,055	-230,386	'
Operating loss	-278,540	-453,406	-1,103,234	-1,030,264	'
Interest expense	-310,450	-138,375	-659,076	-211,473	'
Net realized loss upon sale of marketable securities	29,182	4,678	38,781	-25,075	'
Net loss	-559,808	-587,103	-1,723,529	-1,266,812	'
Additional Disclosure [Abstract]	'	'	'	'	'
Number of reportable segments	'	'	2	'	'
Real Estate Properties [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Real estate properties	63,514,265	'	63,514,265	'	26,216,217
Revenues	'	'	'	'	'
Rental and other property income	1,389,716	313,307	2,775,259	420,801	'
Tenant reimbursement income	165,478	0	326,795	0	'
Investment income on marketable securities	0	0	0	0	'
Total revenues	1,555,194	313,307	3,102,054	420,801	'
Operating expenses	'	'	'	'	'
Property operating expenses	334,404	11,927	556,068	16,140	'
Total segment operating expenses	334,404	11,927	556,068	16,140	'
Operating Income - Segments	1,220,790	301,380	2,545,986	404,661	'
Real Estate Equity Securities [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Real estate properties	'	'	'	'	2,882,206
Investment in marketable securities	3,348,459	'	3,348,459	'	'
Revenues	'	'	'	'	'
Rental and other property income	0	0	0	0	'
Tenant reimbursement income	0	0	0	0	'
Investment income on marketable securities	29,616	29,299	81,852	49,289	'
Total revenues	29,616	29,299	81,852	49,289	'
Operating expenses	'	'	'	'	'
Property operating expenses	0	0	0	0	'
Total segment operating expenses	0	0	0	49,289	'
Operating Income - Segments	29,616	29,299	81,852	19,990	'
Corporate [Member]	'	'	'	'	'
Reconciliation to total assets of September 30, 2014	'	'	'	'	'
Total assets	$4,842,403	'	$4,842,403	'	$3,593,611

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

1 Months Ended

9 Months Ended

Jul. 02, 2014

Apr. 11, 2014

Dec. 18, 2013

31-May-13

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Sep. 30, 2014

Sep. 30, 2013

Jul. 02, 2014

Jul. 02, 2014

Sep. 30, 2014

Mar. 31, 2014

Sep. 30, 2014

Oct. 02, 2014

Dec. 31, 2014

Oct. 02, 2014

Oct. 02, 2014

Oct. 31, 2014

Sep. 30, 2014

Anaheim Hills Office Plaza [Member]

Anaheim Hills Office Plaza [Member]

Common Class A [Member]

Common Class A [Member]

Common Class B [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

RREEF America [Member]

sqft

Terra Nova Plaza [Member]

Terra Nova Plaza [Member]

Common Class B [Member]

sqft

Subsequent Event [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Distributions declared per common sharev

'

'

'

'

$0.00

$0.00

$0.00

'

'

'

'

'

'

'

'

$0.00

'

'

'

'

Total real estate at cost

'

'

'

'

'

'

'

'

'

$18,500,000

'

'

'

'

'

'

$21,850,000

'

'

'

Net rentable area

'

'

'

'

'

'

'

'

'

'

73,892

'

'

'

'

'

'

96,114

'

'

Proceeds from line of credit

$14,700,000

$17,600,000

$5,500,000

$6,700,000

'

'

'

$32,300,000

$6,700,000

$10,130,000

'

'

'

'

$19,100,000

'

$12,000,000

'

'

'

Stock Redeemed or Called During Period, Shares

'

'

'

'

'

'

'

'

'

'

'

2,047

7,962

8,190

'

'

'

'

52,201

'

Stock Redeemed or Called During Period, Weighted Average Price

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$12.70

'

Short-term trading discount as percentage of gross proceeds

'

'

'

'

2.00%

'

'

2.00%

'

'

'

'

'

'

'

'

'

'

2.00%

'

Expenses to advisor not reimbursable, percentage of invested assets threshold exceeded by operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2.00%

Expenses to advisor not reimbursable, percentage of net income excluding certain reductions threshold exceeded by operating expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25.00%