UMH Properties (UMH) 10-K12 Mar 142013 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 03, 2014	Jun. 30, 2013		Jun. 30, 2013
	Dec. 31, 2013	Mar. 03, 2014	Affiliates [Member]		Non Affiliates [Member]
Document Information [Line Items]	'	'	'		'
Entity Registrant Name	'UMH PROPERTIES, INC.	'	'		'
Entity Central Index Key	'0000752642	'	'		'
Amendment Flag	'false	'	'		'
Current Fiscal Year End Date	'--12-31	'	'		'
Document Type	'10-K	'	'		'
Document Period End Date	31-Dec-13	'	'		'
Document Fiscal Year Focus	'2013	'	'		'
Document Fiscal Period Focus	'FY	'	'		'
Entity Well-Known Seasoned Issuer	'No	'	'		'
Entity Voluntary Filers	'No	'	'		'
Entity Current Reporting Status	'Yes	'	'		'
Entity Filer Category	'Accelerated Filer	'	'		'
Entity Public Float	$0	'	$165,896,579	[1]	$191,241,819	[2]
Entity Common Stock, Shares Outstanding	'	21,408,866	'		'

[1]	Presuming that such directors and executive officers are affiliates of the registrant, the aggregate market value of the voting stock of the registrant held by nonaffiliates of the registrant at June 30, 2013 was $165,896,579.
[2]	Based upon the assumption that directors and executive officers of the registrant are not affiliates of the registrant, the aggregate market value of the voting stock of the registrant held by nonaffiliates of the registrant at June 30, 2013 was $191,241,819.

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
INVESTMENT PROPERTY AND EQUIPMENT	'	'
Land	$33,973,214	$22,010,714
Site and Land Improvements	256,830,234	186,474,330
Buildings and Improvements	13,273,690	7,176,980
Rental Homes and Accessories	61,747,274	37,828,031
Total Investment Property	365,824,412	253,490,055
Equipment and Vehicles	11,130,719	9,495,379
Total Investment Property and Equipment	376,955,131	262,985,434
Accumulated Depreciation	-84,655,017	-73,270,257
Net Investment Property and Equipment	292,300,114	189,715,177
OTHER ASSETS	'	'
Cash and Cash Equivalents	7,615,143	11,035,824
Securities Available for Sale at Fair Value	59,254,942	57,325,440
Inventory of Manufactured Homes	13,786,041	11,855,080
Notes and Other Receivables, net	26,019,725	22,713,864
Unamortized Financing Costs	2,128,006	1,473,454
Prepaid Expenses	1,182,850	910,875
Land Development Costs	5,693,153	5,251,501
Total Other Assets	115,679,860	110,566,038
TOTAL ASSETS	407,979,974	300,281,215
LIABILITIES:	'	'
MORTGAGES PAYABLE	160,639,944	108,871,352
OTHER LIABILITIES:	'	'
Accounts Payable	1,628,713	1,070,021
Loans Payable	49,118,996	10,441,605
Accrued Liabilities and Deposits	3,852,799	3,609,615
Tenant Security Deposits	2,153,785	1,303,374
Total Other Liabilities	56,754,293	16,424,615
Total Liabilities	217,394,237	125,295,967
COMMITMENTS AND CONTINGENCIES	'	'
SHAREHOLDERS' EQUITY:	'	'
Series A - 8.25% Cumulative Redeemable Preferred Stock, par value $.10 per share, 3,663,800 shares authorized, issued and outstanding as of December 31, 2013 and 2012	91,595,000	91,595,000
Common Stock - $.10 par value per share, 42,000,000 shares authorized; 20,769,892 and 17,111,882 shares issued and outstanding as of December 31, 2013 and 2012, respectively	2,076,989	1,711,188
Excess Stock - $.10 par value per share, 3,000,000 shares authorized; no shares issued or outstanding	0	0
Additional Paid-In Capital	96,504,643	76,110,692
Accumulated Other Comprehensive Income	1,076,898	6,236,161
Accumulated Deficit	-667,793	-667,793
Total Shareholders' Equity	190,585,737	174,985,248
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$407,979,974	$300,281,215

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Balance Sheets [Abstract]	'	'
Preferred stock, par value	$0.10	$0.10
Series A - 8.25% Cumulative Redeemable Preferred Stock, shares authorized	3,663,800	3,663,800
Series A - 8.25% Cumulative Redeemable Preferred Stock, shares issued	3,663,800	3,663,800
Series A - 8.25% Cumulative Redeemable Preferred Stock, shares outstanding	3,663,800	3,663,800
Percentage rate on Cumulative Redeemable Preferred Stock	8.25%	8.25%
Common Stock, par value	$0.10	$0.10
Common Stock, shares authorized	42,000,000	42,000,000
Common Stock, shares issued	20,769,892	17,111,882
Common Stock, shares outstanding	20,769,892	17,111,882
Excess Stock, par value	$0.10	$0.10
Excess Stock , shares authorized	3,000,000	3,000,000
Excess Stock , shares issued	'	'
Excess Stock , shares outstanding	'	'

Consolidated_Statements_of_Inc

Consolidated Statements of Income (Loss) (USD $)	12 Months Ended
Consolidated Statements of Income (Loss) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
INCOME:	'	'	'
Rental and Related Income	$53,477,893	$38,012,231	$32,990,219
Sales of Manufactured Homes	8,727,214	8,815,533	6,323,135
Total Income	62,205,107	46,827,764	39,313,354
EXPENSES:	'	'	'
Community Operating Expenses	29,140,920	20,564,286	17,758,332
Cost of Sales of Manufactured Homes	7,204,410	7,903,678	5,747,963
Selling Expenses	1,985,834	2,152,701	2,104,077
General and Administrative	6,242,224	5,137,516	3,854,866
Franchise Taxes	299,000	237,000	125,000
Loss Relating to Flood	0	0	984,701
Acquisition Costs	1,455,542	862,169	260,463
Depreciation Expense	11,681,724	7,357,158	5,962,338
Total Expenses	58,009,654	44,214,508	36,797,740
OTHER INCOME (EXPENSE):	'	'	'
Interest Income	2,186,387	2,027,969	1,991,180
Dividend Income	3,481,514	3,243,592	2,512,057
Gain on Sale of Securities Transactions, net	4,055,812	4,092,585	2,692,649
Other Income	211,051	643,588	77,375
Interest Expense	-7,849,835	-5,803,172	-5,744,567
Amortization of Financing Costs	-462,362	-302,280	-376,918
Total Other Income (Expense)	1,622,567	3,902,282	1,151,776
Income Before Gain (Loss) on Sales of Investment Property and Equipment	5,818,020	6,515,538	3,667,390
Gain (Loss) on Sales of Investment Property and Equipment	18,803	-41,481	28,873
NET INCOME	5,836,823	6,474,057	3,696,263
Less: Preferred Dividend	7,556,588	4,724,718	1,656,766
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	($1,719,765)	$1,749,339	$2,039,497
Basic Income Per Share:	'	'	'
Net Income	$0.31	$0.40	$0.25
Less: Preferred Dividend	($0.40)	($0.29)	($0.11)
Net Income (Loss) Attributable to Common Shareholders	($0.09)	$0.11	$0.14
Diluted Income Per Share:	'	'	'
Net Income	$0.31	$0.40	$0.25
Less: Preferred Dividend	($0.40)	($0.29)	($0.11)
Net Income (Loss) Attributable to Common Shareholders	($0.09)	$0.11	$0.14
Weighted Average Shares Outstanding:	'	'	'
Basic	18,724,321	16,197,339	14,506,679
Diluted	18,789,662	16,260,225	14,562,018

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Statements Of Comprehensive Income (Loss)	'	'	'
Net Income	$5,836,823	$6,474,057	$3,696,263
Other Comprehensive Income (Loss):	'	'	'
Unrealized Holding Gains (Losses) Arising During the Year	-1,441,406	8,245,236	-1,296,427
Reclassification Adjustment for Net Gains Realized in Income	-4,055,812	-4,092,585	-2,692,649
Change in Fair Value of Interest Rate Swap Agreements	337,955	-377,795	0
Comprehensive Income (Loss)	677,560	10,248,913	-292,813
Less: Preferred Dividend	-7,556,588	-4,724,718	-1,656,766
Comprehensive Income (Loss) Attributable to Common Shareholders	($6,879,028)	$5,524,195	($1,949,579)

Consolidated_Statements_of_Sha

Consolidated Statements of Shareholders' Equity (USD $)		Total	Common Stock Issued		Preferred Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Undistributed Income (Accumulated Deficit)
Balance at Dec. 31, 2010		$71,927,753	$1,370,163		$0	$64,775,002	$6,450,381	($667,793)
Balance, (Shares) at Dec. 31, 2010		'	13,701,625		'	'	'	'
Common Stock Issued with the DRIP*	[1]	13,938,991	146,721		0	13,792,270	0	0
Common Stock Issued with the DRIP, (Shares)		1,467,214	1,467,214	[1]	'	'	'	'
Common Stock Issued through Restricted Stock Awards		0	7,400		0	-7,400	0	0
Common Stock Issued through Restricted Stock Awards, (Shares)		'	74,000		'	'	'	'
Common Stock Issued through Stock Options		75,600	1,000		0	74,600	0	0
Common Stock Issued through Stock Options, (Shares)		10,000	10,000		'	'	'	'
Preferred Stock Issued through Direct Placement, net		31,854,328	0		33,470,000	-1,615,672	0	0
Distributions		-11,921,696	0		0	-8,225,433	0	-3,696,263
Stock Compensation Expense		295,042	0		0	295,042	0	0
Net Income		3,696,263	0		0	0	0	3,696,263
Unrealized Net Holding Gain on Securities Available for Sale Net of Reclassification Adjustment		-3,989,076	0		0	0	-3,989,076	0
Balance at Dec. 31, 2011		105,877,205	1,525,284		33,470,000	69,088,409	2,461,305	-667,793
Balance, (Shares) at Dec. 31, 2011		'	15,252,839		'	'	'	'
Common Stock Issued with the DRIP*	[1]	18,058,038	178,004		0	17,880,034	0	0
Common Stock Issued with the DRIP, (Shares)		1,780,043	1,780,043	[1]	'	'	'	'
Common Stock Issued through Restricted Stock Awards		0	7,500		0	-7,500	0	0
Common Stock Issued through Restricted Stock Awards, (Shares)		'	75,000		'	'	'	'
Common Stock Issued through Stock Options		30,240	400		0	29,840	0	0
Common Stock Issued through Stock Options, (Shares)		4,000	4,000		'	'	'	'
Preferred Stock Issued through Underwritten Public Offering , net		25,702,218	0		26,875,000	-1,172,782	0	'
Preferred Stock Issued through Direct Placement, net		30,550,295	0		31,250,000	-699,705	0	0
Distributions		-16,054,905	0		0	-9,580,848	0	-6,474,057
Stock Compensation Expense		573,244	0		0	573,244	0	0
Net Income		6,474,057	0		0	0	0	6,474,057
Unrealized Net Holding Gain on Securities Available for Sale Net of Reclassification Adjustment		4,152,651	0		0	0	4,152,651	0
Interest Rate Swaps		-377,795	0		0	0	-377,795	0
Balance at Dec. 31, 2012		174,985,248	1,711,188		91,595,000	76,110,692	6,236,161	-667,793
Balance, (Shares) at Dec. 31, 2012		'	17,111,882		'	'	'	'
Common Stock Issued with the DRIP*	[1]	35,192,639	365,801		0	34,826,838	0	0
Common Stock Issued with the DRIP, (Shares)		3,658,010	3,658,010	[1]	'	'	'	'
Common Stock Issued through Restricted Stock Awards		0	0		0	0	0	0
Common Stock Issued through Restricted Stock Awards, (Shares)		'	0		'	'	'	'
Common Stock Issued through Stock Options		0	0		0	0	0	0
Common Stock Issued through Stock Options, (Shares)		'	0		'	'	'	'
Preferred Stock Issued through Underwritten Public Offering , net		0	0		0	0	0	0
Preferred Stock Issued through Direct Placement, net		0	0		0	0	0	0
Distributions		-21,120,059	0		0	-15,283,236	0	-5,836,823
Stock Compensation Expense		850,349	0		0	850,349	0	0
Net Income		5,836,823	0		0	0	0	5,836,823
Unrealized Net Holding Gain on Securities Available for Sale Net of Reclassification Adjustment		-5,497,218	0		0	0	-5,497,218	0
Interest Rate Swaps		337,955	0		0	0	337,955	0
Balance at Dec. 31, 2013		$190,585,737	$2,076,989		$91,595,000	$96,504,643	$1,076,898	($667,793)
Balance, (Shares) at Dec. 31, 2013		'	20,769,892		'	'	'	'

[1]	Dividend Reinvestment and Stock Purchase Plan

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'
Net Income	$5,836,823	$6,474,057	$3,696,263
Non-cash items included in Net Income:	'	'	'
Depreciation	11,681,724	7,357,158	5,962,338
Amortization of Financing Costs	462,362	302,280	376,918
Stock Compensation Expense	850,349	573,244	295,042
Provision for Uncollectible Notes and Other Receivables	760,570	745,993	461,668
Gain on Sale of Securities Transactions, net	-4,055,812	-4,092,585	-2,692,649
(Gain) Loss on Sales of Investment Property & Equipment	-18,803	41,481	-28,873
Changes in Operating Assets and Liabilities -	'	'	'
Inventory of Manufactured Homes	-1,930,961	-1,666,333	385,493
Notes and Other Receivables	-4,066,431	-2,134,003	-188,442
Prepaid Expenses	-271,975	-283,268	108,466
Accounts Payable	558,692	381,349	-59,805
Accrued Liabilities and Deposits	581,139	985,739	-23,811
Tenant Security Deposits	850,411	402,637	118,284
Net Cash Provided by Operating Activities	11,238,088	9,087,749	8,410,892
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'
Purchase of Manufactured Home Communities	-80,574,921	-44,825,340	-17,500,000
Purchase of Investment Property and Equipment	-26,815,409	-16,975,016	-6,846,921
Proceeds from Sales of Investment Property and Equipment	915,113	1,069,516	709,234
Additions to Land Development Costs	-519,214	-472,845	-290,177
Purchase of Securities Available for Sale	-22,352,376	-21,941,884	-21,100,859
Proceeds from Sales of Securities Available for Sale	18,981,468	16,159,894	5,263,695
Net Cash Used by Investing Activities	-110,365,339	-66,985,675	-39,765,028
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'
Proceeds from Mortgages	53,760,000	25,380,000	25,020,000
Net Proceeds from Short-Term Borrowings	38,677,391	0	1,713,668
Principal Payments of Mortgages and Loans	-9,686,487	-23,073,544	-25,553,767
Financing Costs on Debt	-1,116,914	-456,615	-635,985
Proceeds from Issuance of Common Stock, net of reinvestments	33,330,652	16,667,139	12,310,484
Proceeds from Issuance of Preferred Stock, net of offering costs	0	56,996,101	31,854,328
Proceeds from Exercise of Stock Options	0	30,240	75,600
Preferred Dividends Paid	-7,556,588	-5,068,697	-1,426,659
Common Dividends Paid, net of Reinvestments	-11,701,484	-10,338,897	-8,866,530
Net Cash Provided by Financing Activities	95,706,570	60,135,727	34,491,139
Net Increase (Decrease) In Cash and Cash Equivalents	-3,420,681	2,237,801	3,137,003
Cash and Cash Equivalents at Beginning of Year	11,035,824	8,798,023	5,661,020
CASH AND CASH EQUIVALENTS AT END OF YEAR	$7,615,143	$11,035,824	$8,798,023

Organization

Organization	12 Months Ended
Organization	Dec. 31, 2013
Organization [Abstract]	'
ORGANIZATION	'
	NOTE 1 – ORGANIZATION

	UMH Properties, Inc. (the Company) operates as a real estate investment trust (REIT) deriving its income primarily from real estate rental operations. As of December 31, 2013, the Company owns and operates seventy-four manufactured home communities containing approximately 13,500 developed sites. The communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. The Company, through its wholly-owned taxable subsidiary, UMH Sales and Finance, Inc. (S&F), conducts manufactured home sales in its communities. Inherent in the operation of manufactured home communities is site vacancies. S&F was established to fill these vacancies and potentially enhance the value of the communities. The Company also owns a portfolio of investment securities.

	The Company was incorporated in the state of New Jersey in 1968. On September 29, 2003, the Company changed its state of incorporation from New Jersey to Maryland.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'

	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Description of the Business

	As of December 31, 2013, the Company owns and operates seventy-four manufactured home communities containing approximately 13,500 developed sites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan.

	These manufactured home communities are listed by trade names as follows:

	MANUFACTURED HOME COMMUNITY	LOCATION

	Allentown	Memphis, Tennessee
	Auburn Estates	Orrville, Ohio
	Birchwood Farms	Birch Run, Michigan
	Broadmore Estates	Goshen, Indiana
	Brookside Village	Berwick, Pennsylvania
	Brookview Village	Greenfield Center, New York
	Carsons	Chambersburg, Pennsylvania
	Cedarcrest	Vineland, New Jersey
	Chambersburg I & II	Chambersburg, Pennsylvania
	Chelsea	Sayre, Pennsylvania
	City View	Lewistown, Pennsylvania
	Clinton Mobile Home Resort	Tiffin, Ohio
	Collingwood	Horseheads, New York
	Colonial Heights	Wintersville, Ohio
	Countryside Estates	Muncie, Indiana
	Countryside Village	Columbia, Tennessee
	Cranberry Village	Cranberry Township, Pennsylvania
	Crestview	Athens, Pennsylvania
	Cross Keys Village	Duncansville, Pennsylvania
	D & R Village	Clifton Park, New York
	Fairview Manor	Millville, New Jersey
	Forest Creek	Elkhart, Indiana
	Forest Park Village	Cranberry Township, Pennsylvania

	MANUFACTURED HOME COMMUNITY	LOCATION

	Frieden Manor	Schuylkill Haven, Pennsylvania
	Green Acres	Chambersburg, Pennsylvania
	Gregory Courts	Honey Brook, Pennsylvania
	Heather Highlands	Inkerman, Pennsylvania
	Highland	Elkhart, Indiana
	Highland Estates	Kutztown, Pennsylvania
	Holiday Mobile Village	Nashville, Tennessee
	Kinnebrook	Monticello, New York
	Lake Sherman Village	Navarre, Ohio
	Laurel Woods	Cresson, Pennsylvania
	Little Chippewa	Orrville, Ohio
	Maple Manor	Taylor, Pennsylvania
	Meadowood	New Middletown, Ohio
	Melrose Village	Wooster, Ohio
	Melrose West	Wooster, Ohio
	Memphis Mobile City	Memphis, Tennessee
	Monroe Valley	Jonestown, Pennsylvania
	Moosic Heights	Avoca, Pennsylvania
	Mountaintop	Narvon, Pennsylvania
	Oak Ridge Estates	Elkhart, Indiana
	Oakwood Lake Village	Tunkhannock, Pennsylvania
	Olmsted Falls	Olmsted Falls, Ohio
	Oxford Village	West Grove, Pennsylvania
	Pine Ridge Village/Pine Manor	Carlisle, Pennsylvania
	Pine Valley Estates	Apollo, Pennsylvania
	Pleasant View Estates	Bloomsburg, Pennsylvania
Port Royal Village	Belle Vernon, Pennsylvania
River Valley Estates	Marion, Ohio
Rolling Hills Estates	Carlisle, Pennsylvania
Sandy Valley Estates	Magnolia, Ohio
Shady Hills	Nashville, Tennessee
Somerset Estates/Whispering Pines	Somerset, Pennsylvania
Southern Terrace	Columbiana, Ohio
Southwind Village	Jackson, New Jersey
Spreading Oaks Village	Athens, Ohio
Suburban Estates	Greensburg, Pennsylvania
Sunny Acres	Somerset, Pennsylvania
Sunnyside	Eagleville, Pennsylvania
Trailmont	Goodlettsville, Tennessee
Twin Oaks I & II	Olmsted Falls, Ohio
Twin Pines	Goshen, Indiana
Valley View I	Ephrata, Pennsylvania
Valley View II	Ephrata, Pennsylvania
Valley View Danboro	Doylestown, Pennsylvania
Valley View Honeybrook	Honey Brook, Pennsylvania
Waterfalls Village	Hamburg, New York
Weatherly Estates	Lebanon, Tennessee
Woodland Manor	West Monroe, New York
Woodlawn Village	Eatontown, New Jersey
Wood Valley	Caledonia, Ohio
Youngstown Estates	Youngstown, New York

Basis of Presentation

The Company prepares its financial statements under the accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Company’s subsidiaries are all 100% wholly-owned. The consolidated financial statements of the Company include all of these subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. The Company does not have a majority or minority interest in any other company, either consolidated or unconsolidated.

Use of Estimates

In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as contingent assets and liabilities as of the dates of the consolidated balance sheets and revenue and expenses for the years then ended. These estimates and assumptions include the allowance for doubtful accounts, valuation of inventory, depreciation, valuation of securities, reserves and accruals, and stock compensation expense. Actual results could differ from these estimates and assumptions.

Investment Property and Equipment and Depreciation

Property and equipment are carried at cost. Depreciation for Sites and Building (15 to 27.5 years) is computed principally on the straight-line method over the estimated useful lives of the assets. Depreciation of Improvements to Sites and Buildings, Rental Homes and Equipment and Vehicles (3 to 27.5 years) is computed principally on the straight-line method. Land Development Costs are not depreciated until they are put in use, at which time they are capitalized as Sites and Land Improvements. Interest Expense pertaining to Land Development Costs are capitalized. Maintenance and Repairs are charged to expense as incurred and improvements are capitalized. The costs and related accumulated depreciation of property sold or otherwise disposed of are removed from the financial statement and any gain or loss is reflected in the current year’s results of operations.

The Company applies Financial Accounting Standards Board Accounting Standards Codification (ASC) 360-10, Property, Plant & Equipment (ASC 360-10) to measure impairment in real estate investments. Rental properties are individually evaluated for impairment when conditions exist which may indicate that it is probable that the sum of expected future cash flows (on an undiscounted basis without interest) from a rental property is less than the carrying value under its historical net cost basis. These expected future cash flows consider factors such as future operating income, trends and prospects as well as the effects of leasing demand, competition and other factors. Upon determination that a permanent impairment has occurred, rental properties are reduced to their fair value. For properties to be disposed of, an impairment loss is recognized when the fair value of the property, less the estimated cost to sell, is less than the carrying amount of the property measured at the time there is a commitment to sell the property and/or it is actively being marketed for sale. A property to be disposed of is reported at the lower of its carrying amount or its estimated fair value, less its cost to sell. Subsequent to the date that a property is held for disposition, depreciation expense is not recorded.

The Company conducted a comprehensive review of all real estate asset classes in accordance with ASC 360-10-35-21. The process entailed the analysis of property for instances where the net book value exceeded the estimated fair value. The Company utilizes the experience and knowledge of its internal valuation team to derive certain assumptions used to determine an operating property’s cash flow. Such assumptions include lease-up rates, rental rates, rental growth rates, and capital expenditures. The Company reviewed its operating properties in light of the requirements of ASC 360-10 and determined that, as of December 31, 2013, the undiscounted cash flows over the holding period for these properties were in excess of their carrying values and, therefore, no impairment charges were required.

Acquisitions

The Company accounts for acquisitions in accordance with Accounting Standards Codification (ASC) 805, Business Combinations (ASC 805). ASC 805 requires that transaction costs, such as broker fees, transfer taxes, legal, accounting, valuation, and other professional and consulting fees, related to acquisitions be expensed as incurred.

Upon acquisition of a property, the Company allocates the purchase price of the property based upon the fair value of the assets acquired, which generally consist of land, site and land improvements, buildings and improvements and rental homes. The Company allocates the purchase price of an acquired property generally determined by internal evaluation as well as a third-party appraisal of the property obtained in conjunction with the purchase.

Cash and Cash Equivalents

Cash and cash equivalents include bank repurchase agreements with original maturities of 90 days or less. The Company maintains its cash in bank accounts in amounts that may exceed federally insured limits. The Company has not experienced any losses in these accounts in the past. The fair value of cash and cash equivalents approximates their current carrying amounts since all such items are short-term in nature.

Securities Available for Sale

Investments in non-real estate assets consist of marketable securities of other REIT’s, which are composed of common and preferred stock. These securities are all publicly-traded and purchased on the open market, through private transactions or through dividend reinvestment plans. These securities are classified among three categories: held-to-maturity, trading and available-for-sale. As of December 31, 2013 and 2012, the Company’s securities are all classified as available-for-sale and are carried at fair value based upon quoted market prices. Gains or losses on the sale of securities are based on identifiable cost and are accounted for on a trade date basis. Unrealized holding gains and losses are excluded from earnings and reported as a separate component of Shareholders’ Equity until realized. The changes in unrealized net holding gains are reflected as comprehensive income.

The Company individually reviews and evaluates our marketable securities for impairment on a quarterly basis or when events or circumstances occur. The Company considers, among other things, credit aspects of the issuer, amount of decline in fair value over cost and length of time in a continuous loss position. The Company has developed a general policy of evaluating whether an unrealized loss is other than temporary. On a quarterly basis, the Company makes an initial review of every individual security in its portfolio. If the security is impaired, the Company first determines our intent and ability to hold this investment for a period of time sufficient to allow for any anticipated recovery in market value. Next, the Company determines the length of time and the extent of the impairment. Barring other factors, including the downgrading of the security or the cessation of dividends, if the fair value of the security is below cost by less than 20% for less than 6 months and the Company has the intent and ability to hold the security, the security is deemed to not be other than temporarily impaired. Otherwise, the Company reviews additional information to determine whether the impairment is other than temporary. The Company discusses and analyzes any relevant information known about the security, such as:

	a.	Whether the decline is attributable to adverse conditions related to the security or to specific conditions in an industry or in a geographic area.
	b.	Any downgrading of the security by a rating agency.
	c.	Whether the financial condition of the issuer has deteriorated.
	d.	Status of dividends – Whether dividends have been reduced or eliminated, or scheduled interest payments have not been made.
	e.	Analysis of the underlying assets (including NAV analysis) using independent analysis or recent transactions.

The Company normally holds REIT securities long term and has the ability and intent to hold securities to recovery. If a decline in fair value is determined to be other than temporary, an impairment charge is recognized in earnings and the cost basis of the individual security is written down to fair value as the new cost basis.

Inventory of Manufactured Homes

Inventory of manufactured homes is valued at the lower of cost or market value and is determined by the specific identification method. All inventory is considered finished goods.

Accounts and Notes Receivables

The Company’s accounts, notes and other receivables are stated at their outstanding balance reduced by an allowance for uncollectible accounts. The Company evaluates the recoverability of its receivables whenever events occur or there are changes in circumstances such that management believes it is probable that it will be unable to collect all amounts due according to the contractual terms of the notes receivable or lease agreements. The collectability of notes receivable is measured based on the present value of the expected future cash flow discounted at the notes receivable effective interest rate or the fair value of the collateral if the notes receivable is collateral dependent. Total notes receivables at December 31, 2013 and 2012 was $23,630,159 and $21,941,912, respectively. At December 31, 2013 and 2012, the reserves for uncollectible accounts, notes and other receivables were $1,097,387 and $937,995, respectively. For the years ended December 31, 2013, 2012 and 2011, the provisions for uncollectible notes and other receivables were $760,570, $745,993 and $461,668, respectively. Charge-offs and other adjustments related to repossessed homes for the years ended December 31, 2013, 2012 and 2011 amounted to $601,178, $620,519 and $522,841, respectively.

The Company’s notes receivable primarily consists of installment loans collateralized by manufactured homes with principal and interest payable monthly. The average interest rate on these loans is approximately 9.5%. The average maturity is approximately 10 years.

Unamortized Financing Costs

Costs incurred in connection with obtaining mortgages and other financings and refinancings are deferred and are amortized on a straight-line basis over the term of the related obligations, which is not materially different than the effective interest method. Unamortized costs are charged to expense upon prepayment of the obligation. As of December 31, 2013 and 2012, accumulated amortization amounted to $1,023,893 and $818,120, respectively. The Company estimates that aggregate amortization expense will be approximately $393,000 for 2014, $378,000 for 2015, $339,000 for 2016, $233,000 for 2017 and $194,000 for 2018.

Derivative Instruments and Hedging Activities

In the normal course of business, the Company is exposed to financial market risks, including interest rate risk on our variable rate debt. We attempt to limit these risks by following established risk management policies, procedures and strategies, including the use of derivative financial instruments. The Company's primary strategy in entering into derivative contracts is to minimize the variability that changes in interest rates could have on its future cash flows. The Company generally employs derivative instruments that effectively convert a portion of its variable rate debt to fixed rate debt. The Company does not enter into derivative instruments for speculative purposes. The Company had entered into various interest rate swap agreements that had the effect of fixing interest rates relative to specific mortgage loans.

During 2012, the Company entered into two interest rate swap agreements that have the effect of fixing interest rates relative to specific mortgage loans as follows:

Mortgage	Due Date	Mortgage	Effective	Balance 12/31/13
Mortgage	Due Date	Interest Rate	Fixed Rate	Balance 12/31/13

Allentown/Clinton	2/1/17	LIBOR + 3.25%	4.39%	$10,799,401
Various – 11 properties	8/1/17	LIBOR + 3.00%	3.89%	$12,909,520

The Company's interest rate swap agreements are based upon 30-day LIBOR. The re-pricing and scheduled maturity dates, payment dates, index and the notional amounts of the interest rate swap agreements coincide with those of the underlying mortgage. The interest rate swap agreements are net settled monthly. The Company has designated these derivatives as cash flow hedges and have recorded the fair value on the balance sheet in accordance with ASC 815, Derivatives and Hedging (See Note 14 for information on the determination of fair value). The effective portion of the gain or loss on these hedges will be reported as a component of Accumulated Other Comprehensive Income in our Consolidated Balance Sheets. To the extent that the hedging relationships are not effective or do not qualify as cash flow hedges, the ineffective portion is recorded in interest expense. Hedges that received designated hedge accounting treatment are evaluated for effectiveness at the time that they are designated as well as through the hedging period. As of December 31, 2013, the Company has determined that these interest rate swap agreements are highly effective as cash flow hedges. As a result, the fair value of these derivatives of $(39,840) and $(377,795) as of December 31, 2013 and 2012, respectively, was recorded as a component of Accumulated Other Comprehensive Income, with the corresponding liability included in Accrued Liabilities and Deposits.

Revenue Recognition

The Company derives its income primarily from the rental of manufactured home sites. The Company also owns approximately 1,720 rental units which are rented to residents. Rental and related income is recognized on the accrual basis over the term of the lease, which is typically one year or less.

Sale of manufactured homes is recognized on the full accrual basis when certain criteria are met. These criteria include the following: (a) initial and continuing payment by the buyer must be adequate: (b) the receivable, if any, is not subject to future subordination; (c) the benefits and risks of ownership are substantially transferred to the buyer; and (d) the Company does not have a substantial continued involvement with the home after the sale. Alternatively, when the foregoing criteria are not met, the Company recognizes gains by the installment method. Interest income on loans receivable is not accrued when, in the opinion of management, the collection of such interest appears doubtful.

Net Income (Loss) Per Share

Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding during the period (18,724,321, 16,197,339 and 14,506,679 in 2013, 2012 and 2011, respectively). Diluted net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding plus the weighted-average number of net shares that would be issued upon exercise of stock options pursuant to the treasury stock method (18,789,662, 16,260,225 and 14,562,018 in 2013, 2012 and 2011, respectively) (See Note 6). Options in the amount of 65,341, 62,886 and 55,339 for 2013, 2012 and 2011, respectively, are included in the diluted weighted average shares outstanding. As of December 31, 2013, 2012 and 2011, options to purchase 502,000, 586,000 and 547,000 shares, respectively, were antidilutive.

Stock Compensation Plan

The Company accounts for awards of stock options and restricted stock in accordance with ASC 718-10, Compensation-Stock Compensation. ASC 718-10 requires that compensation cost for all stock awards be calculated and amortized over the service period (generally equal to the vesting period). The compensation cost for stock option grants is determined using option pricing models, intended to estimate the fair value of the awards at the grant date less estimated forfeitures. The compensation expense for restricted stock is recognized based on the fair value of the restricted stock awards less estimated forfeitures. The fair value of restricted stock awards is equal to the fair value of the Company’s stock on the grant date. Compensation costs, which is included in General and Administrative Expenses, of $850,349, $573,244 and $295,042 have been recognized in 2013, 2012 and 2011, respectively. During 2013, compensation costs included a one-time charge of $142,000 for a stock option grant awarded to one participant who is of retirement age and therefore the entire amount of measured compensation cost has been recognized at grant date. During 2012, compensation costs included a one-time charge of $123,490 for restricted stock grants awarded to one participant who is of retirement age and therefore the entire amount of measured compensation cost has been recognized at grant date. Included in Note 6 to these consolidated financial statements are the assumptions and methodology used to calculate the fair value of stock options and restricted stock awards.

Income Tax

The Company has elected to be taxed as a REIT under the applicable provisions of Sections 856 to 860 of the Internal Revenue Code. Under such provisions, the Company will not be taxed on that portion of its income which is distributed to shareholders, provided it distributes at least 90% of its taxable income, has at least 75% of its assets in real estate investments and meets certain other requirements for qualification as a REIT. The Company is subject to franchise taxes in some of the states in which the Company owns property.

The Company follows the provisions of ASC Topic 740, Income Taxes, that, among other things, defines a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Based on its evaluation, the Company determined that it has no uncertain tax positions and no unrecognized tax benefits as of December 31, 2013. The Company records interest and penalties relating to unrecognized tax benefits, if any, as interest expense. As of December 31, 2013, the tax years 2009 through and including 2013 remain open to examination by the Internal Revenue Service. There are currently no federal tax examinations in progress.

Comprehensive Income (Loss)

Comprehensive income (loss) is comprised of net income and other comprehensive income (loss). Other comprehensive income (loss) consists of the change in unrealized gains or losses on securities available for sale and the change in the fair value of derivatives.

Reclassifications

Certain amounts in the consolidated financial statements for the prior years have been reclassified to conform to the financial statement presentation for the current year.

Recent Accounting Pronouncements
In February 2013, the FASB issued ASU 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. ASU 2013-02 does not change the current requirements for reporting net income or other comprehensive income in financial statements. However, ASU 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. This ASU is effective prospectively, for annual and interim periods, beginning on or after December 15, 2012. The adoption of ASU 2013-02 did not have a material impact on our financial position, results of operations or cash flows.

Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

Investment_Property_and_Equipm

Investment Property and Equipment	12 Months Ended
	Dec. 31, 2013
Investment Property and Equipment [Abstract]	'
INVESTMENT PROPERTY AND EQUIPMENT	'

	NOTE 3 – INVESTMENT PROPERTY AND EQUIPMENT

	Acquisitions in 2013

	On March 1, 2013, the Company acquired 10 manufactured home communities for $67,500,000. These 10 all-age communities total 1,854 sites and are situated on approximately 400 acres. There are five communities located in Indiana, four communities located in Pennsylvania, and one community located in Michigan. The average occupancy for these communities at closing was approximately 85%. The Company obtained a $53,760,000 mortgage loan from JP Morgan Chase Bank, N.A. and paid the balance with cash on hand. The Company also included 3 additional communities in this mortgage. Interest on the mortgage loan is fixed at 4.06%. This mortgage loan matures on March 1, 2023.

	On April 2, 2013, the Company acquired Holiday Mobile Village, a 274-site manufactured home community situated on approximately 68 acres, located in Nashville, Tennessee, for a purchase price of $7,250,000. The occupancy for this community at closing was approximately 82%. The Company used its Unsecured Revolving Credit Facility with BMO to finance this acquisition.

	On October 1, 2013, the Company acquired Rolling Hills Estates, a 91-site manufactured home community situated on approximately 32 acres, located in Carlisle, Pennsylvania, for a purchase price of $1,720,000. The occupancy for this community at closing was approximately 91%.

	On November 6, 2013, the Company acquired five manufactured home communities for an aggregate purchase price of $11,800,000. These five all-age communities contain a total of 519 developed home sites that are situated on approximately 200 total acres. This portfolio consists of Melrose Village, Melrose West, Little Chippewa, and Auburn Estates located in Ohio and Youngstown Estates located in New York. The average occupancy for these communities is approximately 82%. The Company assumed a $7,700,000 mortgage loan. This mortgage is at a fixed interest rate of 4.75% and matures on December 6, 2022.

	Acquisitions in 2012

	On January 12, 2012, the Company acquired Countryside Estates, a 90-site manufactured home community from an unrelated entity, situated on approximately 64 acres, located in Muncie, Indiana, for a purchase price of $2,100,000. This community was originally licensed for over 200 sites and is being built in phases. Upon completion, it will ultimately be approximately 205 sites. At acquisition, the occupancy for this community was 79%. The Company used proceeds from the preferred stock offering to finance this acquisition.

	On July 26, 2012, the Company acquired Meadowood, a 123-site manufactured home community from an unrelated entity, situated on approximately 20 acres, located in New Middletown, Ohio, for a purchase price of $3,400,000. At acquisition, the occupancy for this community was 88%. The Company used proceeds from the preferred stock offering to finance this acquisition.

	On August 1, 2012, the Company completed the acquisition of eleven manufactured home communities from ARCPA Properties LLC and ARCML06 LLC, both unrelated entities of the Company, for an aggregate purchase price of $28,250,000. These communities total 968 sites on 200 acres, ten in Pennsylvania and one in New York. The communities are Carsons, Chambersburg I & II, Chelsea, Collingwood, Crestview, Frieden Manor, Green Acres, Monroe Valley, Mountaintop, Valley View Ephrata I and Valley View Ephrata II. The average occupancy for these communities is approximately 92%. The Company obtained a $13,980,000 mortgage on the eleven property transaction from Sun National Bank, borrowed $6,200,000 on its margin line, and paid the remaining amount in cash.

	On September 12, 2012, the Company acquired two manufactured home communities, Colonial Heights and Southern Terrace from an unrelated entity, both located in Ohio for a total purchase price of $5,900,000. These two communities total 280 sites situated on approximately 62 acres. At acquisition, the average occupancy for these communities was approximately 89%. The Company used proceeds from the preferred stock offering to finance this acquisition.

	On December 3, 2012, the Company acquired Twin Oaks from an unrelated entity, a 141-site manufactured home community situated on approximately 21 acres, located in Olmsted Falls, Ohio, for a purchase price of $4,350,000. At acquisition, the occupancy for this community was 89%. The Company assumed a $2,774,660 mortgage from Fannie Mae. This mortgage is at a fixed interest rate of 5.75% and matures on December 1, 2019.

	On December 19, 2012, the Company acquired Olmsted Falls from an unrelated entity, a 125-site manufactured home community situated on approximately 14 acres, located in Olmsted Falls, Ohio, for a purchase price of $3,600,000. At acquisition, the occupancy for this community was 96%. The Company used proceeds from the preferred stock offering to finance this acquisition.

	See Note 17 for the Unaudited Pro Forma Financial Information relating to these acquisitions.

	Other

	Many oil and gas companies compete for the opportunity to drill for oil and gas. Successful bidders pay an upfront purchase price (“bonus payment”). On May 23, 2012, the Company received a bonus payment of $499,471 at one of its communities, which has been recorded as Other Income. This amount is not refundable and has been earned since the Company has no further obligation relating to it. In addition to this upfront bonus payment, the Company entered into an agreement (“Lease”) whereby the oil and gas company may remove the oil and gas from the property, provided that it pays the Company a 20% fee (“royalty”) based on the amount of the oil and gas removed. The Company has not earned any royalty fees to date. The initial term of the Lease is for five years, with an option to extend for an additional five years under the same terms and conditions as contained in the original lease.

	Accumulated Depreciation

	The following is a summary of accumulated depreciation by major classes of assets:

		31-Dec-13		31-Dec-12

	Site and Land Improvements	$	64,292,239	$	56,262,656
	Buildings and Improvements		3,036,082		2,685,623
	Rental Homes and Accessories		9,107,422		6,710,323
	Equipment and Vehicles		8,219,274		7,611,655
	Total Accumulated Depreciation	$	84,655,017	$	73,270,257

Securities_Available_for_Sale

Securities Available for Sale	12 Months Ended
Securities Available for Sale	Dec. 31, 2013
Securities Available For Sale [Abstract]	'
SECURITIES AVAILABLE FOR SALE	'
	NOTE 4 – SECURITIES AVAILABLE FOR SALE

	The Company’s securities available for sale consist of common and preferred stock of other REITs. The Company does not own more than 10% of the outstanding shares of any of these securities, nor does it have controlling financial interest.

	As of December 31, 2013 and 2012, the Company’s securities are all classified as available-for-sale. See Note 14 for Fair Value Measurements.

	The following is a listing of securities available for sale at December 31, 2013:

							Interest				Number							Market
			Series				Rate				Of Shares				Cost			Value

	Equity Securities:
	Preferred Stock:
	Alexandria Real Estate			E				6.45	%			2,000			$	45,425		$	42,400
	American Land Lease, Inc.			A				7.75	%			31,200				275,297			756,600
	Ashford Hospitality Trust			A				8.55	%			10,000				251,205			252,490
	Campus Crest Communities			A				8	%			30,000				751,222			741,000
	CBL & Associates Properties			D				7.375	%			2,000				50,269			47,500
	CBL & Associates Properties			E				6.625	%			65,000				1,543,385			1,381,900
	Cedar Realty Trust Inc.			B				7.25	%			47,355				1,127,208			1,089,157
	Chesapeake Lodging			A				7.75	%			20,000				500,000			491,800
	Commonwealth Real Estate Trust			D				6.5	%			74,000				1,660,828			1,517,740
	Corporate Office Properties Trust			L				7.375	%			26,000				650,330			612,040
	Cubesmart			A				7.75	%			2,000				52,153			50,300
	Digital Realty Trust Inc.			E				7	%			4,000				100,000			86,840
	Digital Realty Trust Inc.			F				6.625	%			2,000				44,870			41,160
	Dupont Fabros Technology, Inc.			A				7.875	%			26,412				657,703			632,303
	Dupont Fabros Technology, Inc.			B				7.625	%			20,000				500,000			455,400
	EPR Properties			F				6.625	%			20,000				472,680			423,800
	Equity Lifestyle Properties			C				6.75	%			2,000				46,885			46,200
	General Growth Properties			A				6.375	%			10,000				250,000			201,500
	Glimcher Realty			I				6.875	%			39,738				964,267			858,341
	Istar Financial, Inc.			D				8	%			26,600				636,609			635,447
	Istar Financial, Inc.			E				7.875	%			38,342				851,903			896,819
	Istar Financial, Inc.			I				7.5	%			59,600				1,325,647			1,363,648
	Kilroy Realty Corp.			G				6.875	%			34,948				844,770			766,410
	Kilroy Realty Corp.			H				6.38	%			10,000				235,486			205,700
	Kimco Realty			I				6	%			2,000				43,026			41,740
	Kite Realty Group Trust			A				8.25	%			50,000				1,227,138			1,262,500
	Lasalle Hotel Properties			H				7.5	%			40,000				982,589			986,000
	Lasalle Hotel Properties			I				6.375	%			6,000				124,984			121,080
	Lexington Realty Trust			C				6.5	%			6,000				247,860			264,900

							Interest				Number							Market
			Series				Rate				Of Shares				Cost			Value

	Pebblebrook Hotel			C				6.5	%			19,000			$	400,742		$	387,062
	Pennsylvania Real Estate Trust			A				8.25	%			94,000				2,350,885			2,364,852
	Pennsylvania Real Estate Trust			B				7.375	%			40,000				1,000,000			949,200
	Retail Properties of America			A				7	%			20,000				481,949			421,600
	SL Green Realty Corp.			I				6.5	%			20,000				460,169			426,200
	Stag Industrial, Inc.			A				9	%			9,000				224,885			239,040
	Stag Industrial, Inc.			B				6.625	%			20,100				470,007			418,683
	Summit Hotel Properties, Inc			B				7.875	%			20,000				500,000			477,002
	Sun Communities, Inc.			A				7.125	%			45,000				1,117,377			1,059,750
	Taubman Centers			K				6.25	%			11,000				228,009			218,932
	Terreno Realty Corp.			A				7.75	%			20,300				507,791			497,350
	Urstadt Biddle Properties, Inc.			F				7.125	%			30,421				756,305			700,596
	Vornado Realty Trust			D				7.875	%			4,000				96,114			103,960
	Total Preferred Stock														$	25,057,972		$	24,536,942

	Common Stock:
	Getty Realty Corp.											100,000			$	1,886,332		$	1,837,000
Gladstone Commercial Corp.											60,000				1,031,950			1,078,200
Government Properties Income Trust											110,000				2,664,307			2,733,500
Mack-Cali Realty Group											75,000				1,824,903			1,611,000
Monmouth Real Estate Investment Corp. (1)											1,875,147				15,491,475			17,045,082
Nobility Homes											20,000				158,200			180,200
Parkway Properties, Inc.											10,000				134,799			192,900
Select Income Real Estate Investment Trust											340,973				8,976,023			9,117,618
Urstadt Biddle Properties, Inc.											50,000				912,243			922,500
Total Common Stock															33,080,232			34,718,000

Total Securities Available for Sale														$	58,138,204		$	59,254,942

(1) Related entity – See Note 8.

The following is a listing of securities available for sale at December 31, 2012:

						Interest				Number							Market
		Series				Rate				Of Shares				Cost			Value
Equity Securities:
Preferred Stock:
American Land Lease, Inc.			A				7.75	%			46,200			$	397,547		$	1,113,420
Ashford Hospitality Trust			E				9	%			21,600				540,021			578,880
Ashford Hospitality Trust			A				8.55	%			10,000				251,205			252,500
Campus Crest			A				8	%			10,000				250,000			259,200
CapLease Inc.			A				8.125	%			14,000				293,473			350,700
CapLease Inc.			B				8.375	%			48,000				1,200,752			1,257,120
CBL & Associates Properties			D				7.375	%			3,000				68,126			75,150
Cedar Realty Trust Inc.			A				8.875	%			2,268				56,976			57,403
Cedar Realty Trust Inc.			B				7.25	%			20,370				483,594			498,054
Chesapeake Lodging			A				7.75	%			20,000				500,000			529,000
Corporate Office Properties Trust			L				7.375	%			20,000				502,800			502,800
Cousins Properties			B				7.5	%			3,500				82,146			87,570
Digital Realty Trust Inc.			E				7	%			4,000				100,000			106,680
Dupont Fabros Technology, Inc.			A				7.875	%			26,412				657,703			703,877
Dupont Fabros Technology, Inc.			B				7.625	%			20,000				500,000			531,380
EPR Properties			F				6.625	%			10,000				250,000			246,000
Commonwealth REIT			D				6.5	%			35,000				431,643			807,800
Istar Financial, Inc.			I				7.5	%			10,500				190,597			228,375
Istar Financial, Inc.			D				8	%			1,500				30,756			33,495
Istar Financial, Inc.			E				7.875	%			11,000				203,221			243,430
Kilroy Realty Corp			G				6.875	%			20,000				500,000			518,200
Kite Realty Group Trust			A				8.25	%			62,000				1,527,328			1,590,300
Lasalle Hotel Properties			H				7.5	%			32,000				784,172			824,000
Lexington Realty Trust			C				6.5	%			6,000				247,860			284,701
Lexington Realty Trust			D				7.75	%			1,500				36,329			37,650
MPG Office Trust, Inc.			A				7.625	%			12,000				13,560			253,200
Parkway Properties, Inc.			D				8	%			13,400				331,241			335,243
Pennsylvania Real Estate Trust			A				8.25	%			94,000				2,350,885			2,470,320
Pennsylvania Real Estate Trust			B				7.375	%			40,000				1,000,000			1,010,940
Retail Properties of America			A				7	%			10,000				250,000			246,500
Stag Industrial, Inc.			A				9	%			9,000				224,885			242,595
Summit Hotel Properties, Inc			B				7.875	%			20,000				500,000			506,200
Sun Communities, Inc.			A				7.125	%			20,000				500,000			501,998
Terreno Realty Corp.			A				7.75	%			20,000				500,000			518,600
Urstadt Biddle Properties, Inc.			F				7.125	%			15,000				375,000			389,370
Vornado Realty Trust			D				7.875	%			4,000				96,112			108,319
Total Preferred Stock														$	16,227,932		$	18,300,970

Common Stock:
Getty Realty Corp.											135,700			$	2,833,601		$	2,450,742
Gladstone Commercial Corp.											80,500				1,404,133			1,444,975
Government Properties Income Trust											30,000				681,529			719,100
Commonwealth REIT											300,000				5,523,942			4,752,000
Mack-Cali Realty Group											40,000				1,103,392			1,044,400
Medical Properties Trust Inc											67,000				630,427			801,320
Monmouth Real Estate Investment Corp. (1)											1,767,147				14,521,198			18,307,641
Nobility Homes											20,000				158,200			98,000
Omega Healthcare REIT Investors											45,000				746,936			1,073,250
One Liberty Properties, Inc.											30,000				446,025			608,700


			Interest		Number								Market
	Series		Rate		Of Shares				Cost				Value

Parkway Properties, Inc.						10,000				134,799				139,900

Pennsylvania Real Estate Investment Trust						140,000			$	1,460,129			$	2,469,600
Select Income Real Estate Investment Trust						132,387				3,204,612				3,279,226
Senior Housing Properties Trust						60,000				1,291,280				1,418,400
Urstadt Biddle Properties, Inc.						21,200				343,350				417,216
Total Common Stock									$	34,483,553			$	39,024,470

Total Securities Available for Sale									$	50,711,485			$	57,325,440

(1) Related entity – See Note 8.

As of December 31, 2013, the Company had 34 securities that had unrealized losses. The Company considers many factors in determining whether a security is other than temporarily impaired, including the nature of the security and the cause, severity and duration of the impairment. The following is a summary of temporarily impaired securities at December 31, 2013:

		Less Than 12 Months								12 Months or Longer
		Fair				Unrealized				Fair				Unrealized
		Value				Loss				Value				Loss

Preferred Stock		$	16,046,133			$	(1,178,316	)		$	-0-			$	-0-
Common Stock			3,448,000				(263,235	)			-0-				-0-

Total		$	19,494,133			$	(1,441,551	)		$	-0-			$	-0-

The following is a summary of the range of the losses:

Number of		Fair Value				Unrealized Loss
Individual Securities		Fair Value				Unrealized Loss			Range of Loss

27		$	15,690,469			$	(918,603	)	Less than or equal to 10%
7			3,803,664				(522,948	)	Less than or equal to 20%

34		$	19,494,133			$	(1,441,551	)

The Company has determined that these securities are temporarily impaired as of December 31, 2013. The Company normally holds REIT securities long term and has the ability and intent to hold securities to recovery. The Company had total net unrealized gains on its securities portfolio of $1,116,738 as of December 31, 2013.

During the years ended December 31, 2013, 2012 and 2011, the Company received proceeds of $18,981,468, $16,159,894 and $5,263,695, on sales or redemptions of securities available for sale, respectively. The Company recorded the following Gain (Loss) on Sale of Securities Transactions, net:

		2013				2012				2011

Gross realized gains		$	4,284,934			$	4,092,585			$	2,692,649
Gross realized losses			(229,122	)			-0-				-0-
Impairment loss			-0-				-0-				-0-

Total Gains realized on Sale of Securities Transactions, net		$	4,055,812			$	4,092,585			$	2,692,649

As of December 31, 2013, 2012 and 2011, the securities portfolio had net unrealized holding gains of $1,116,738, $6,613,956 and $2,461,305, respectively.

The Company had margin loan balances of $18,574,228 and $-0- at December 31, 2013 and 2012, respectively, which were collateralized by the Company’s securities portfolio.

Loans_and_Mortgages_Payable

Loans and Mortgages Payable	12 Months Ended
Loans and Mortgages Payable	Dec. 31, 2013
Loans and Mortgages Payable [Abstract]	'
LOANS AND MORTGAGES PAYABLE	'
	NOTE 5 – LOANS AND MORTGAGES PAYABLE

	Loans Payable

	The Company may purchase securities on margin. The interest rates charged on the margin loans at December 31, 2013 and 2012 was 2%. These margin loans are due on demand. At December 31, 2013 and 2012, respectively, the margin loans amounted to $18,574,228 and $-0-, respectively, and are collateralized by the Company’s securities portfolio. The Company must maintain a coverage ratio of approximately 2 times.

	The Company has revolving credit agreements totaling $13,500,000 with GE Commercial Distribution Finance Corporation (GE), Customers Bank, Northpoint Commercial Finance and 21st Mortgage Corporation to finance inventory purchases. Interest rates on these agreements range from prime with a minimum of 6% to prime plus 2% with a minimum of 8% after 18 months. As of December 31, 2013 and 2012, the total amount outstanding on these lines was $5,624,569 and $5,521,406, respectively.

	The Company has a revolving line of credit with Sun National Bank secured by the Company's eligible notes receivables. The maximum availability on this line is $10,000,000. Interest was at the prime rate through April 1, 2011. This revolving line of credit had a maturity date of April 1, 2011 but was modified and extended during 2011. The interest rate was modified from prime to LIBOR plus 350 basis points. Advances were increased from 50% of eligible notes receivables secured by manufactured home loans to 60%. As of December 31, 2013 and 2012, the amount outstanding on this revolving line of credit was $4,920,199. As of December 31, 2013 and 2012, the interest rates were 3.67% and 3.73%, respectively. This revolving line of credit expires on June 30, 2014.

	Unsecured Lines of Credit

	On March 29, 2013, the Company entered into a new $35 million Unsecured Revolving Credit Facility with Bank of Montreal (“Credit Facility”). The Company has the ability to increase the borrowing capacity by an amount not to exceed $15 million, representing a maximum aggregate borrowing capacity of $50 million, subject to various conditions, as defined in the agreement. The maturity date of the Credit Facility is March 29, 2016 with a one year extension available at the Company’s option. Borrowings under the Credit Facility can be used for, among other things, acquisitions, working capital, capital expenditures, and repayment of other indebtedness. Borrowings will bear interest at the Company’s option of LIBOR plus 2.00% to 2.75% or BMO’s prime lending rate plus 1.00% to 1.75%, based on the Company’s overall leverage. Based on the current leverage ratio, interest on this borrowing is at LIBOR plus 225 basis points which was 2.42% as of December 31, 2013. The Company incurs a fee on the unused commitment amount of up to 0.35% per annum. The Credit Facility replaces the Company’s former $5.0 million unsecured line of credit, which was at an interest rate of LIBOR plus 375 basis points. As of December 31, 2013, the amount outstanding on the Credit Facility was $20,000,000. There were no amounts outstanding as of December 31, 2012 or 2011 on the Company’s previous unsecured line of credit.

	Mortgages Payable

	The following is a summary of mortgages payable:

		At December 31, 2013					Balance at December 31,
	Property	Due Date		Interest Rate			2013		2012

	Allentown and Clinton Mobile Home Resort	2/1/17		LIBOR + 3.25%			$	10,799,401	$	11,112,757
	Cedarcrest	4/1/21			5.125	%		9,124,838		9,275,010
	Cranberry Village	12/1/18			6.8	%		-0-		2,894,029
	D & R Village and Waterfalls Village	2/27/15		LIBOR + 2.25%				7,089,610		7,376,497
	Fairview Manor	2/1/17			5.785	%		10,345,239		10,539,333
	Forest Park Village	12/1/18			6.8	%		-0-		2,894,029
	Heather Highlands	8/28/18		Prime + 1.0%				1,288,149		1,573,968
	Highland Estates	9/1/17			6.175	%		9,578,574		9,738,702
	Oxford Village	1/1/20			5.94	%		7,527,426		7,694,260
	Somerset Estates and Whispering Pines	2/26/19			4.89	%		891,382		1,044,107
	Southwind Village	1/1/20			5.94	%		6,012,690		6,145,953
	Suburban Estates and Sunny Acres	6/1/18			4	%		6,711,306		6,968,277
	Twin Oaks	12/1/19			5.75	%		2,702,771		2,764,752
	Various (5 properties)	1/1/22			4.25	%		14,964,116		15,236,831
	Various (5 properties)	12/6/22			4.75	%		7,675,595		-0-
	Various (11 properties)	8/1/17		LIBOR + 3.0%				12,909,520		13,612,847
	Various (13 properties)	3/1/23			4.065	%		53,019,327		-0-
	Total Mortgages	Payable					$	160,639,944	$	108,871,352

	At December 31, 2013 and 2012, mortgages were collateralized by real property with a carrying value of $235,685,401 and $143,383,848, respectively, before accumulated depreciation and amortization. Interest costs amounting to $247,186, $269,891 and $294,150 were capitalized during 2013, 2012 and 2011, respectively, in connection with the Company’s expansion program.

	Recent Transactions

	2013

	On February 27, 2013, the Company had one mortgage loan due for D&R Village and Waterfalls Village with a balance of approximately $7,400,000. Under the terms of the loan agreement, this loan may be extended for an additional two years. Management has extended this loan to February 27, 2015. Interest during the extension period is at LIBOR plus 225 basis points which was 2.41% as of December 31, 2013.

	On March 1, 2013, the Company obtained a $53,760,000 mortgage loan from JP Morgan Chase Bank, N.A. on its 10 community acquisition. The Company also included 3 additional communities in this mortgage. Interest on the mortgage loan is fixed at 4.065%. This mortgage loan matures on March 1, 2023.

	On April 3, 2013, the Company repaid its mortgages on Cranberry Village and Forest Park Village for a total amount of approximately $5,700,000. The interest rate on these mortgages was 6.8%.

	In June 2013, the Company modified its mortgage on Sunny Acres and Suburban Estates. The interest rate was reduced from a fixed rate of 6.5% to a fixed rate of 4.0%. The maturity date was accelerated from June 1, 2020 to June 1, 2018.

	On November 6, 2013, the Company assumed a $7,700,000 mortgage on the acquisition of five manufactured home communities. This mortgage is at a fixed interest rate of 4.75% and matures on December 6, 2022.

	2012

	On February 2, 2012, the Company obtained an $11,400,000 mortgage on Allentown and Clinton Mobile Home Resort from Bank of America, N.A. This mortgage is at a variable rate of LIBOR plus 3.25% and matures on February 1, 2017. The Company may extend this mortgage for an additional two years. To eliminate the variability of the interest expense, the Company simultaneously entered into an interest rate swap agreement having identical terms to the mortgage, resulting in a net fixed interest rate on the mortgage of 4.39%.

	On February 28, 2012, the Company repaid its 7.36% mortgage on Port Royal Village in the amount of approximately $4,700,000.

	On July 2, 2012, the Company repaid its mortgage on Sandy Valley Estates in the amount of approximately $1,900,000.

On August 1, 2012, the Company obtained a $13,980,000 mortgage from Sun National Bank on the eleven community acquisition. This mortgage is at a variable rate of LIBOR plus 3.00% and matures on August 1, 2017. First Niagara Bank participated in this mortgage. To eliminate the variability of the interest expense, the Company subsequently entered into an interest rate swap agreement having identical terms to the mortgage, resulting in a net fixed interest rate on the mortgage of 3.89%.

On October 11, 2012, the Company modified and extended its $5,000,000 unsecured line of credit with Bank of America. The interest rate was modified from LIBOR plus 400 basis points to LIBOR plus 375 basis points. This line of credit expires on August 31, 2013.

On December 3, 2012, the Company assumed a $2,774,660 mortgage on Twin Oaks from Fannie Mae. This mortgage is at a fixed interest rate of 5.75% and matures on December 1, 2019.

The aggregate principal payments of all mortgages payable are scheduled as follows:

Year Ended December 31,
2014		$	4,434,099
2015			11,089,066
2016			4,429,688
2017			42,382,196
2018			7,530,449
Thereafter			90,774,446

Total		$	160,639,944

Stock_Compensation_Plan

Stock Compensation Plan	12 Months Ended
Stock Compensation Plan	Dec. 31, 2013
Stock Compensation Plan [Abstract]	'
STOCK COMPENSATION PLAN	'
	NOTE 6 – STOCK COMPENSATION PLAN

	On August 14, 2003, the shareholders approved and ratified the Company’s 2003 Stock Option Plan (the 2003 Plan) authorizing the grant to officers and key employees of options to purchase up to 1,500,000 shares of common stock. On June 7, 2010, the shareholders approved and ratified an amendment and restatement of the Plan. The amendment and restatement made two substantive changes: (1) the inclusion of Directors as participants in the Plan, and (2) the ability to grant restricted stock to Directors, officers and key employees. The amendment and restatement also made other conforming, technical and other non-substantive changes. There was no change to the total number of shares subject to grant under the Plan. The amendment and restatement also makes certain modifications and clarifications, including concerning administration and compliance with applicable tax rules, such as Section 162(m) of the Internal Revenue Code.

	On June 13, 2013, the shareholders approved and ratified the Company's 2013 Stock Option and Stock Award Plan (the 2013 Plan) authorizing the grant to officers and key employees of options to purchase up to 3,000,000 shares of common stock. All options are exercisable one year from the date of grant. The option price shall not be below the fair market value at date of grant. If options granted under the Plan expire or terminate for any reason without having been exercised in full, the shares subject to, but not delivered under, such options shall become available for additional option grants under the Plan. This Plan replaced the Company's 2003 Stock Option and Award Plan, as amended, which, pursuant to its terms, terminated in 2013. The outstanding options under the 2003 Stock Option and Award Plan, as amended, remain outstanding until exercised, forfeited or expired.

	The Compensation Committee determines the recipients of restricted stock awards; the number of restricted shares to be awarded; the length of the restricted period of the award; the restrictions applicable to the award including, without limitation, the employment or retirement status of the participant; rules governing forfeiture and restrictions applicable to any sale, assignment, transfer, pledge or other encumbrance of the restricted stock during the restricted period; and the eligibility to share in dividends and other distributions paid to the Company’s stockholders during the restricted period. The maximum number of shares underlying restricted stock awards that may be granted in any one fiscal year to a participant shall be 100,000 shares.

	Unless otherwise provided for in an underlying restricted stock award agreement, if a participant’s status as an employee or director of the Company is terminated by reason of death or disability, the restrictions will lapse on such date. Unless otherwise provided for in an underlying restricted stock award agreement, the Plan provides that if an individual’s status as an employee or director is terminated by reason of retirement following an involuntary termination (other than for “cause” as defined in the 2013 Plan), the restrictions will generally lapse, unless the restricted stock award is intended to constitute “performance based” compensation for purposes of Section 162(m) of the Internal Revenue Code. If a participant’s status as an employee or director terminates for any other reason, the Plan provides that a participant will generally forfeit any outstanding restricted stock awards, unless otherwise indicated in the applicable award agreement. Shares of restricted stock that are forfeited become available again for issuance under the 2013 Plan. The Compensation Committee has the authority to accelerate the time at which the restrictions may lapse whenever it considers that such action is in the best interests of the Company and of its stockholders, whether by reason of changes in tax laws, a “change in control” as defined in the 2013 Plan or otherwise.

	The Company accounts for stock options in accordance with ASC 718-10, Compensation-Stock Compensation. ASC 718-10 requires that compensation cost for all stock awards be calculated and amortized over the service period (generally equal to the vesting period). For the years ended December 31, 2013, 2012 and 2011, amounts charged to stock compensation expense for stock option expense, which is included in General and Administrative Expenses, totaled $411,017, $69,253 and $74,338, respectively.

	Stock Options

	During the year ended December 31, 2013, twenty-four employees were granted options to purchase a total of 392,000 shares. During the year ended December 31, 2012, fifteen employees were granted options to purchase a total of 94,000 shares. During the year ended December 31, 2011, twelve employees were granted options to purchase a total of 80,000 shares. The fair value of these options for the years ended December 31, 2013, 2012 and 2011 was approximately $556,000, $87,000 and $81,000, respectively, based on assumptions noted below and is being amortized over the 1-year vesting period. The remaining unamortized stock option expense was $202,437 as of December 31, 2013, and that amount will be expensed in 2014.

	The Company calculates the fair value of each option grant on the grant date using the Black-Scholes option-pricing model which requires the Company to provide certain inputs, as follows:


		•	The assumed dividend yield is based on the Company’s expectation of an annual dividend rate for regular dividends over the estimated life of the option.

		•	Expected volatility is based on the historical volatility of the Company’s stock over a period relevant to the related stock option grant.

		•	The risk-free interest rate utilized is the interest rate on U.S. Government Bonds and Notes having the same life as the estimated life of the Company’s option awards.

		•	Expected life of the options granted is estimated based on historical data reflecting actual hold periods.

		•	Estimated forfeiture is based on historical data reflecting actual forfeitures.


	The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions used for grants in the following years:

			2013				2012				2011

	Dividend yield			6.67	%			7.08	%			7	%
	Expected volatility			32.37	%			26.19	%			24.81	%
	Risk-free interest rate			1.96	%			1.11	%			2.46	%
	Expected lives			8				8				8
	Estimated forfeitures			-0-				-0-				-0-

	During the year ended December 31, 2013, no options were exercised. During the year ended December 31, 2012, options to one employee to purchase a total of 4,000 shares were exercised. During the year ended December 31, 2011, options to one employee to purchase a total of 10,000 shares were exercised. During the year ended December 31, 2013, options to ten employees to purchase a total of 84,000 shares expired. During the year ended December 31, 2012, options to eight employees to purchase a total of 55,000 shares expired. During the year ended December 31, 2011, options to eight employees to purchase a total of 51,000 shares expired.

	A summary of the status of the Company’s stock option plans as of December 31, 2013, 2012 and 2011 and changes during the years then ended are as follows:

			2013								2012							2011
							Weighted-								Weighted-							Weighted-
							Average								Average							Average
							Exercise								Exercise							Exercise
			Shares				Price				Shares				Price			Shares				Price

	Outstanding at			785,000			$	11.71				750,000			$	12.03			731,000			$	12.33
	beginning of year			785,000			$	11.71				750,000			$	12.03			731,000			$	12.33
	Granted			392,000				10.08				94,000				11.29			80,000				11.16
	Exercised			-0-				-0-				(4,000	)			7.56			(10,000	)			7.56
	Expired			(84,000	)			15.51				(55,000	)			15.58			(51,000	)			15.94
	Outstanding at end of			1,093,000				10.86				785,000				11.71			750,000				12.03
	year			1,093,000				10.86				785,000				11.71			750,000				12.03
	Options exercisable at			701,000								691,000							670,000
	end of year			701,000								691,000							670,000
	Weighted-average fair						$	1.42							$	0.92						$	1.01
	value of options
	granted during the year

The following is a summary of stock options outstanding as of December 31, 2013:

		Number of Employees				Number of Shares				Option Price			Expiration Date
Date of Grant		Number of Employees				Number of Shares				Option Price			Expiration Date

1/9/06			1				44,200				15.62		1/9/14
1/9/06			1				5,800				17.21		1/9/14
7/21/06			9				34,000				15.15		7/21/14
1/3/07			1				44,200				15.51		1/3/15
1/3/07			1				5,800				17.06		1/3/15
7/16/07			12				51,000				14.21		7/16/15
9/20/07			2				7,000				13.19		9/20/15
1/8/08			1				42,300				11.79		1/8/16
1/8/08			1				7,700				12.97		1/8/16
9/25/08			12				43,000				7.55		9/25/16
1/7/09			1				14,000				7.12		1/7/17
1/7/09			1				61,000				6.47		1/7/17
3/3/09			1				3,000				5.42		3/3/17
6/22/09			13				53,000				7.57		6/22/17
1/8/10			1				10,900				9.13		1/8/18
1/8/10			1				14,100				8.3		1/8/18
7/27/10			12				80,000				11.4		7/27/18
8/11/10			1				6,000				11.23		8/11/18
7/5/11			12				80,000				11.16		7/5/19
8/29/12			15				94,000				11.29		8/29/20
2/28/13			1				10,000	*			10.02		2/28/21
6/26/13			24				382,000	*			10.08		6/26/21

							1,093,000
* Unexercisable

The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the quoted price of the Company’s common stock for the options that were in-the-money. The aggregate intrinsic value of options outstanding as of December 31, 2013, 2012 and 2011 was $421,563, $602,653 and $406,673, respectively, of which $421,563, $602,653 and $406,673 relate to options exercisable. The intrinsic value of options exercised in 2013, 2012 and 2011 was $-0-, $18,000 and $28,200, respectively, determined as of the date of option exercise. The weighted-average remaining contractual term of the above options was 4.8, 3.9 and 4.1 years as of December 31, 2013, 2012 and 2011, respectively.

Restricted Stock

During 2013, the Company did not award any restricted stock grants. During 2012 and 2011, the Company awarded restricted stock grants totaling 75,000 shares and 74,000 shares, respectively, to 9 and 10 participants, respectively. The grant date fair value of restricted stock grants awarded to participants during 2012 and 2011 was $803,700 and $825,840, respectively. These grants vest over 5 years. As of December 31, 2013, there remained a total of $1,098,563 of unrecognized restricted stock compensation related to outstanding nonvested restricted stock grants awarded and outstanding at that date. Restricted stock compensation is expected to be expensed over a remaining weighted average period of 2.7 years. For the years ended December 31, 2013, 2012 and 2011, amounts charged to stock compensation expense for restricted stock, which is included in General and Administrative Expenses, totaled $439,332, $503,991 and $220,704, respectively. During 2012, compensation costs included a one-time charge of $123,490 for restricted stock grants awarded to one participant who is of retirement age and therefore the entire amount of measured compensation cost has been recognized at grant date.

A summary of the status of the Company’s nonvested restricted stock awards as of December 31, 2013, 2012 and 2011, and changes during the year ended December 31, 2013, 2012 and 2011 are presented below:

		2013								2012							2011
						Weighted-								Weighted-							Weighted-
						Average								Average							Average
						Grant Date								Grant Date							Grant Date
		Shares				Fair Value				Shares				Fair Value			Shares				Fair Value

Nonvested at beginning of year			187,470			$	10.9				130,974			$	11.14			62,299			$	11.44
Granted			-0-				-0-				75,000				10.72			74,000				11.16
Dividend Reinvested Shares			12,992				9.33				11,470				9.9			7,611				8.98
Vested			(48,170	)			(10.90	)			(29,974	)			(11.10	)		(12,936	)			(11.36	)
Forfeited			(-0-	)			(-0-	)			(-0-	)			(-0-	)		(-0-	)			(-0-	)
Nonvested at end of year			152,292			$	10.77				187,470			$	10.9			130,974			$	11.14

As of December 31, 2013, there were 2,618,000 shares available for grant as stock options or restricted stock under the 2013 Plan.

401k_Plan

401(k) Plan	12 Months Ended
401(k) Plan	Dec. 31, 2013
Four Zero One K Plan [Abstract]	'
401(k) PLAN	'
	NOTE 7 – 401(k) PLAN

	All full-time employees who are over 21 years old are eligible for the Company’s 401(k) Plan (Plan). Under this Plan, an employee may elect to defer his/her compensation (up to a maximum of $17,500, annually adjusted) and have it contributed to the Plan. Employer contributions to the Plan are at the discretion of the Company. During 2013, 2012 and 2011, the Company made matching contributions to the Plan of up to 100% of the first 3% of employee salary and 50% of the next 2% of employee salary. The total expense relating to the Plan, including matching contributions amounted to $162,304, $126,224 and $118,454 in 2013, 2012 and 2011, respectively.

Related_Party_Transactions_and

Related Party Transactions and Other Matters	12 Months Ended
Related Party Transactions and Other Matters	Dec. 31, 2013
Related Party Transactions and Other Matters [Abstract]	'
RELATED PARTY TRANSACTIONS AND OTHER MATTERS	'
	NOTE 8 – RELATED PARTY TRANSACTIONS AND OTHER MATTERS

	Transactions with Monmouth Real Estate Investment Corporation

	There are six Directors of the Company who are also Directors and shareholders of Monmouth Real Estate Investment Corporation (MREIC). The Company holds common stock of MREIC in its securities portfolio. As of December 31, 2013, the Company owns a total of 1,875,147 shares of MREIC common stock, representing 4.0% of the total shares outstanding at December 31, 2013 (See Note 4).

	The Company operates in conjunction with MREIC. Some general and administrative expenses are allocated between the Company and MREIC based on use or services provided, pursuant to a cost sharing arrangement. Allocations of salaries and benefits are made based on the amount of the employees’ time dedicated to each company.

	Salary, Directors’, Management and Legal Fees

	The Company has an Employment Agreement with Mr. Eugene W. Landy, Chairman of the Board. Under this agreement, prior to January 1, 2004, Mr. Landy received an annual base compensation of $150,000 (as amended) plus bonuses and customary fringe benefits, including health insurance, participation in the Company’s 401(k) Plan, stock options, five weeks’ vacation and use of an automobile. Additionally, there may be bonuses voted by the Board of Directors. The Employment Agreement is terminable by either party at any time subject to certain notice requirements. On severance of employment by the Company, Mr. Landy will receive severance of $450,000, payable $150,000 on severance and $150,000 on the first and second anniversaries of severance. In the event of disability, Mr. Landy’s compensation will continue for a period of three years, payable monthly. On retirement, Mr. Landy will receive a pension of $50,000 a year for ten years, payable in monthly installments. In the event of death, Mr. Landy’s designated beneficiary will receive $450,000, $100,000 thirty days after death and the balance one year after death. The Employment Agreement automatically renews each year for successive one-year periods. Effective January 1, 2004, this agreement was amended to increase Mr. Landy's annual base compensation to $175,000. Additionally, Mr. Landy's pension benefit of $50,000 per year has been extended for an additional three years. On April 14, 2008, the Company executed a Second Amendment to the Employment Agreement with Mr. Landy (the second amendment). The second amendment provides that in the event of a change in control, Eugene W. Landy shall receive a lump sum payment of $1,200,000, provided the sale price of the Company is at least $16 per share of common stock. A change of control shall be defined as the consummation of a reorganization, merger, share exchange, consolidation, or sale or disposition of all or substantially all of the assets of the Company. This change of control provision shall not apply to any combination between the Company and MREIC. Payment shall be made simultaneously with the closing of the transaction, and only in the event that the transaction closes. During 2011, Mr. Landy was also awarded an Outstanding Leadership Achievement Award in the amount of $250,000 per year for three years. During 2013, the Board of Directors extended Mr. Landy’s pension benefit for an additional three years, through 2016. Additionally, Mr. Landy received $37,625, $29,125 and $24,000 for the years ended December 31, 2013, 2012, and 2011, respectively, as a Director. The firm of Eugene W. Landy received $-0-, $-0- and $17,500 during 2013, 2012, and 2011, respectively, as legal fees.

	Effective January 1, 2012, the Company and Samuel A. Landy entered into a three-year Employment Agreement under which Mr. Samuel Landy receives an annual base salary of $378,000 for 2012, $396,900 for 2013 and $416,745 for 2014, subject to increases in Funds from Operations (FFO) of 3% per year or 9% over the three-year period. If this increase is not met, the salary increase will be limited to the increase in the consumer price index. Bonuses are based on performance goals relating to FFO, home sales, occupancy and acquisitions, with a maximum of 21% of salary. Mr. Samuel Landy received a restricted stock grant of 25,000 shares in 2012. In each subsequent calendar year of employment pursuant to the Agreement, restricted stock shall be awarded to Mr. Samuel Landy at the discretion of the Compensation Committee of the Board of Directors. Mr. Samuel Landy will receive customary fringe benefits, four weeks of vacation, reimbursement of reasonable and necessary business expenses and use of an automobile. The Company will reimburse Mr. Samuel Landy for the cost of a disability insurance policy. In the event of a merger, sale or change of voting control of the Company, excluding transactions between the Company and MREIC, Mr. Samuel Landy will have the right to extend and renew this employment agreement so that the expiration date will be three years from the date of merger, sale or change of voting control, or the employee may terminate the employment agreement and be entitled to receive one year’s compensation in accordance with the agreement. If there is a termination of employment by the Company for any reason, either involuntary or voluntary, including the death of the employee, the employee shall be entitled to the greater of the salary due under the remaining term of the agreement or one year’s compensation at the date of termination, paid monthly over the remaining term or life of the agreement.

	Effective January 1, 2012, the Company and Anna T. Chew entered into a new three-year employment agreement, under which Ms. Chew receives an annual base salary of $287,385 for 2012, $301,754 for 2013 and $316,841 for 2014, plus bonuses and customary fringe benefits. Ms. Chew will also receive four weeks of vacation, reimbursement of reasonable and necessary business expenses and use of an automobile. The Company will reimburse Ms. Chew for the cost of a disability insurance policy such that, in the event of the employee’s disability for a period of more than 90 days, the employee will receive benefits up to 60% of her then-current salary. In the event of a merger, sale or change of voting control of the Company, excluding transactions between the Company and MREIC, the employee will have the right to extend and renew this employment agreement so that the expiration date will be three years from the date of merger, sale or change of voting control, or the employee may terminate the employment agreement and be entitled to receive one year’s compensation in accordance with the agreement. If there is a termination of employment by the Company for any reason, either involuntary or voluntary, including the death of the employee, other than a termination for cause as defined by the agreement, the employee shall be entitled to the greater of the salary due under the remaining term of the agreement or one year’s compensation at the date of termination, paid monthly over the remaining term or life of the agreement.

	Effective January 1, 2012, the Company and Allison Nagelberg, General Counsel, entered into a three-year employment agreement, under which Ms. Nagelberg receives an annual base salary of $250,000 for 2012, $262,500 for 2013 and $275,625 for 2014, plus bonuses and customary fringe benefits. Ms. Nagelberg will also receive four weeks of vacation, reimbursement of reasonable and necessary business expenses and use of an automobile. Pursuant to this employment agreement, the Company will also pay on behalf of Ms. Nagelberg, all tuition and fees associated with her pursuit of an Executive MBA degree, which was completed in 2012. The Company will reimburse Ms. Nagelberg for the cost of a disability insurance policy such that, in the event of the employee’s disability for a period of more than 90 days, the employee will receive benefits up to 60% of her then-current salary. As an alternative to long-term disability, Employee shall have the option to purchase and/or maintain, and be fully reimbursed for, a short-term disability policy on terms to be approved by the Corporation. In the event of a merger, sale or change of voting control of the Company, the employee will have the right to extend and renew this employment agreement so that the expiration date will be three years from the date of merger, sale or change of voting control. If there is a termination of employment by the Company for any reason, either involuntary or voluntary, including the death of the employee, other than a termination for cause as defined by the agreement, the employee shall be entitled to the greater of the salary due under the remaining term of the agreement or one year’s compensation at the date of termination, paid monthly over the remaining term or life of the agreement. Effective January 1, 2014, Ms. Nagelberg’s employment contract was cancelled and she was employed exclusively by MREIC.

	Other Matters

	The Company has an employment agreement with a certain executive officer, which in addition to base compensation, bonuses and fringe benefits, provides for specified retirement benefits. The Company has accrued these benefits on a present value basis over the terms of the agreements. Amounts accrued under these agreements were $600,000 and $509,259 at December 31, 2013 and 2012, respectively.

	The Company leases its corporate offices where the lessor of the property is owned by certain officers and directors of the Company. Approximately 70% of the monthly lease payment is reimbursed by MREIC. On May 1, 2010, the Company renewed this lease for an additional five-year term with monthly lease payments of $13,600 through April 30, 2013 and $14,000 through April 30, 2015. The Company is also responsible for its proportionate share of real estate taxes and common area maintenance. Approximately 70% of the monthly lease payment plus its proportionate share of real estate taxes and common area maintenance is reimbursed by MREIC. Management believes that the aforesaid rent is no more than what the Company would pay for comparable space elsewhere.

Shareholders_Equity

Shareholders' Equity

12 Months Ended

Dec. 31, 2013

Shareholders' Equity [Abstract]

SHAREHOLDERS' EQUITY

NOTE 9 – SHAREHOLDERS’ EQUITY

Common Stock

The Company has a Dividend Reinvestment and Stock Purchase Plan (DRIP), as amended. Under the terms of the DRIP, shareholders who participate may reinvest all or part of their dividends in additional shares of the Company at a discount of approximately 5% from the weighted average purchase price directly from the Company, from authorized but unissued shares of the Company common stock. Shareholders may also purchase additional shares at this discounted price by making optional cash payments monthly. In determining the weighted average purchase price, purchases may be aggregated for both dividend reinvestment and optional cash purchases, or independent calculations may be made, at the discretion of the Company. Optional cash payments must be not less than $500 per payment nor more than $1,000 unless a request for waiver has been accepted by the Company.

Amounts received, including dividends reinvested of $1,861,987, $1,390,899 and $1,628,507, respectively, and shares issued in connection with the DRIP for the years ended December 31, 2013, 2012 and 2011 were as follows:

2013

2012

2011

Amounts Received/Dividends

Reinvested

35,192,639

18,058,038

13,938,991

Number of Shares Issued

3,658,010

1,780,043

1,467,214

Preferred Stock

On May 26, 2011, the Company issued 1,338,800 shares of 8.25% Series A Cumulative Redeemable Preferred Stock (Series A Preferred Stock) in a direct placement for net proceeds of $31,854,328, after underwriting discounts of $1,054,305 and other expenses, including legal and other professional fees, of $561,367. MREIC purchased 200,000 shares of Series A Preferred Stock in the offering. Such shares were purchased by MREIC at the same price as other investors in the offering. The annual dividend of $2.0625 per share or 8.25% of the $25.00 per share liquidation value are cumulative and payable quarterly in arrears on March 15, June 15, September 15, and December 15.

On April 10, 2012, the Company issued an additional 1,075,000 shares of Series A Cumulative Redeemable Preferred Stock in an underwritten public offering at $25.292, including accrued dividends of $0.292, for net proceeds of approximately $25,700,000, after underwriting discounts of approximately $847,000 and other expenses, including legal and other professional fees of approximately $326,000.

On October 31, 2012, the Company issued an additional 1,250,000 shares of Series A Cumulative Redeemable Preferred Stock in a direct placement at $25.50, including accrued dividends of $0.344, for net proceeds of approximately $30,600,000, after underwriting discounts of approximately $638,000, other expenses, including legal and other professional fees of approximately $258,000.

The Series A Preferred Stock, par value $.10, has no maturity and will remain outstanding indefinitely unless redeemed or otherwise repurchased. The Series A Preferred Stock is not redeemable prior to May 26, 2016, except pursuant to provisions relating to preservation of the Company’s qualification as a real estate investment trust (REIT) or upon the occurrence of a Delisting Event or a Change of Control, as described below. On and after May 26, 2016, the Series A Preferred Stock will be redeemable at the Company’s option for cash, in whole or, from time to time, in part, at a price per share equal to $25.00, plus all accrued and unpaid dividends (whether or not declared), if any, to, but not including, the redemption date, on each share of Series A Preferred Stock to be redeemed.

A “Delisting Event” occurs when both (i) the Series A Preferred Stock is not listed on the NYSE, the NYSE Amex or the NASDAQ, or listed or quoted on an exchange or quotation system that is a successor to the NYSE, NYSE Amex or NASDAQ and (ii) the Company is not subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, but any shares of Series A Preferred Stock are outstanding.

A “Change of Control” occurs when, after the original issuance of the Series A Preferred Stock, the following have occurred and are continuing:

●

the acquisition by any person, including any syndicate or group deemed to be a “person” under Section 13(d)(3) of the Exchange Act of beneficial ownership, directly or indirectly, through a purchase, merger or other acquisition transaction or series of purchases, mergers or other acquisition transactions of shares of the Company’s stock entitling that person to exercise more than 50% of the total voting power of all outstanding shares of the Company’s stock entitled to vote generally in the election of directors (except that such person will be deemed to have beneficial ownership of all securities that such person has the right to acquire, whether such right is currently exercisable or is exercisable only upon the occurrence of a subsequent condition); and

●

following the closing of any transaction referred to above, neither the Company nor the acquiring or surviving entity has a class of common securities (or ADRs representing such securities) listed on the NYSE, the NYSE Amex or NASDAQ, or listed or quoted on an exchange or quotation system that is a successor to the NYSE, NYSE Amex or NASDAQ.

Upon the occurrence of a Delisting Event or Change of Control, each holder of the Series A Preferred Stock will have the right to convert all or part of the shares of the Series A Preferred Stock held, unless the Company elects to redeem the Series A Preferred Stock.

Holders of the Series A Preferred Stock generally have no voting rights, except if the Company fails to pay dividends for six or more quarterly periods, whether or not consecutive, or with respect to certain specified events.

Issuer Purchases of Equity Securities

On January 15, 2014, the Board of Directors reaffirmed its Share Repurchase Program (the repurchase program) that authorizes the Company to purchase up to $10,000,000 in the aggregate of the Company's common stock. The repurchase program was originally created in June 2008 and is intended to be implemented through purchases made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or block trades, or by any combination of such methods, in accordance with applicable insider trading and other securities laws and regulations. The size, scope and timing of any purchases will be based on business, market and other conditions and factors, including price, regulatory and contractual requirements or consents, and capital availability. The repurchase program does not require the Company to acquire any particular amount of common stock, and the program may be suspended, modified or discontinued at any time at the Company's discretion without prior notice. Shares of stock repurchased under the repurchase program will be held as treasury shares. There have been no purchases under the repurchase program to date.

Distributions

Distributions	12 Months Ended
Distributions	Dec. 31, 2013
Distributions [Abstract]	'
DISTRIBUTIONS	'
	NOTE 10 – DISTRIBUTIONS

	Common Stock

	The following cash distributions, including dividends reinvested, were paid to common shareholders during the three years ended December 31, 2013, 2012 and 2011:

			2013								2012				2011
	Quarter Ended		Amount				Per Share				Amount		Per Share		Amount		Per Share

	31-Mar		$	3,155,607			$	0.18			$	2,809,868	$	0.18	$	2,523,564	$	0.18
	30-Jun			3,294,938				0.18				2,902,806		0.18		2,595,832		0.18
	30-Sep			3,456,304				0.18				2,954,616		0.18		2,652,386		0.18
	31-Dec			3,656,622				0.18				3,062,506		0.18		2,723,255		0.18

			$	13,563,471			$	0.72			$	11,729,796	$	0.72	$	10,495,037	$	0.72

	These amounts do not include the discount on shares purchased through the Company’s Dividend Reinvestment and Stock Purchase Plan.

	On January 15, 2014, the Company declared a cash dividend of $0.18 per share to be paid on March 17, 2014 to common shareholders of record February 18, 2014.

	Preferred Stock

	The following dividends were paid to preferred shareholders during the year ended December 31, 2013, 2012 and 2011:

	Declaration Date	Record Date	Payment Date		Dividend				Dividend per Share

	1/16/13	2/15/13	3/15/13		$	1,889,147			$	0.515625
	4/8/13	5/15/13	6/17/13			1,889,147				0.515625
	7/1/13	8/15/13	9/16/13			1,889,147				0.515625
	10/1/13	11/15/13	12/16/13			1,889,147				0.515625

					$	7,556,588			$	2.0625


	Declaration Date	Record Date	Payment Date		Dividend				Dividend per Share

	1/18/12	2/15/12	3/15/12		$	690,319			$	0.515625
	4/17/12	5/15/12	6/15/12			930,716				0.515625
	7/9/12	8/15/12	9/17/12			1,244,616				0.515625
	10/1/12	11/15/12	12/17/12			1,459,458				0.515625

					$	4,325,109			$	2.0625

	Declaration Date	Record Date	Payment Date		Dividend				Dividend per Share

	7/5/11	8/15/11	9/15/11		$	736,341			$	0.55
	10/4/11	11/15/11	12/15/11			690,318				0.515625

					$	1,426,659			$	1.065625

	On January 15, 2014, the Board of Directors declared a quarterly dividend of $0.515625 per share for the period from December 1, 2013 through February 28, 2014, on the Company's 8.25% Series A Cumulative Redeemable Preferred Stock payable March 17, 2014 to preferred shareholders of record February 18, 2014. Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $2.0625 per share.

Loss_Relating_to_Flood

Loss Relating to Flood	12 Months Ended
Loss Relating to Flood	Dec. 31, 2013
Loss Relating to Flood [Abstract]	'
LOSS RELATING TO FLOOD	'
	NOTE 11 – LOSS RELATING TO FLOOD

	In May 2011, Memphis Mobile City, a 157-site community in Memphis TN, experienced an unusual flood that swept the region. All residents of the community were evacuated. The community remains closed. We are currently working on plans for the redevelopment of this community as a manufactured home community. In addition to the loss in rental and related income, we have recorded a loss of $984,701 for the year ended December 31, 2011 for the amount, net of insurance proceeds, for the loss of inventory, rental homes, and disposal and other costs associated with this event.

Federal_Income_Taxes

Federal Income Taxes	12 Months Ended
Federal Income Taxes	Dec. 31, 2013
Federal Income Taxes [Abstract]	'
FEDERAL INCOME TAXES	'
	NOTE 12 – FEDERAL INCOME TAXES

	The Company has elected to be taxed as a REIT under the applicable provisions of Section 856 to 860 of the Internal Revenue Code. In order to qualify as a REIT, the Company must meet a number of organizational requirements, including a requirement that it currently distributes at least 90% of its adjusted taxable income to its stockholders. As a REIT, the Company generally will not be subject to corporate level federal income tax on taxable income it distributes currently to its stockholders. As the Company has and intends to continue to distribute all of its income currently, no provision has been made for income taxes. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal income taxes at regular corporate rates (including any applicable alternative minimum tax) and may not be able to qualify as a REIT for four subsequent taxable years. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income and property, and to federal income and excise taxes on its undistributed taxable income. In addition, taxable income from non-REIT activities managed through taxable REIT subsidiaries is subject to federal, state, and local income taxes.

	Federal Excise Tax

	The Company does not have a Federal excise tax liability for the 2013, 2012 and 2011, since it intends to or has distributed all of its annual income.

	Reconciliation Between U.S. GAAP Net Income and Taxable Income

	The following table reconciles U.S. GAAP net income to taxable income for the years ended December 31, 2013, 2012, and 2011:

		2013			2012			2011
		Estimate			Actual			Actual
		(unaudited)

	U.S. GAAP net income	$	5,836,823		$	6,474,057		$	3,696,263
	Add: U.S. GAAP net loss of taxable REIT subsidiary included above		2,746,526			3,081,837			3,135,742
	U.S. GAAP net income from REIT operations		8,583,349			9,555,894			6,832,005
	Stock compensation expense		850,349			573,244			295,042
	Acquisition costs and other book / tax		1,641,635			(344,027	)		(1,418,553	)
	differences, net		1,641,635			(344,027	)		(1,418,553	)
	Taxable income before adjustments		11,075,333			9,785,111			5,708,494
	Less: Capital gains		(3,460,000	)		(4,146,773	)		(1,750,781	)
	Adjusted taxable income subject to 90% dividend requirement	$	7,615,333		$	5,638,338		$	3,957,713

	Reconciliation Between Cash Dividends Paid and Dividends Paid Deduction

	The following table reconciles cash dividends paid with the dividends paid deduction for the years ended December 31, 2013, 2012, and 2011:

		2013			2012			2011
		Estimate			Actual			Actual
		(unaudited)

	Cash dividends paid	$	21,120,059		$	16,798,495		$	11,921,695
	Less: Portion designated as capital gains distributions		(3,460,000	)		(4,146,773	)		(1,750,781	)
	Less: Return of capital		(10,044,726	)		(7,013,384	)		(6,213,201	)
		$	7,615,333		$	5,638,338		$	3,957,713
	Dividends paid deduction	$	7,615,333		$	5,638,338		$	3,957,713

	Characterization of Distributions

	The following table characterizes the distributions paid per common share for the years ended December 31, 2013, 2012, and 2011:


		2013						2012						2011
		Amount			Percent			Amount			Percent			Amount		Percent

	Ordinary income	$	0.12844			17.84	%	$	0.07892			10.96	%	$	0.2909		40.4	%
	Capital gains		0.05835			8.1	%		0.08391			11.65	%		0.08205		11.4	%
	Return of capital		0.53321			74.06	%		0.55717			77.39	%		0.34705		48.2	%
		$	0.72			100	%	$	0.72			100	%	$	0.72		100	%

	For the year ended December 31, 2013, total distributions paid by the Company for preferred stock, amounted to $7,556,588 or $2.0625 per share ($1.41816 taxed as ordinary income and $.64434 taxed as capital gains). For the year ended December 31, 2012, total distributions paid by the Company for preferred stock, before accrued dividends, amounted to $5,068,697 or $2.0625 per share ($.99966 taxed as ordinary income and $1.06284 taxed as capital gains).

	In addition to the above, taxable income from non-REIT activities conducted by S&F, a taxable REIT subsidiary, is subject to federal, state and local income taxes. Deferred income taxes pertaining to S&F are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for temporary differences between the financial reporting bases of assets and liabilities and their respective tax bases and for operating loss and tax credit carryforwards based on enacted tax rates expected to be in effect when such amounts are realized or settled. However, deferred tax assets are recognized only to the extent that it is more likely than not that they will be realized based on consideration of available evidence, including tax planning strategies and other factors. For the years ended December 31, 2013, 2012 and 2011, S&F had operating losses for financial reporting purposes of $2,746,526, $3,081,837 and $3,135,742, respectively. Therefore, a valuation allowance has been established against any deferred tax assets relating to S&F. For the years ended December 31, 2013, 2012 and 2011, S&F recorded $5,000 in federal, state and franchise taxes.

Commitments_Contingencies_and_

Commitments, Contingencies and Legal Matters	12 Months Ended
Commitments, Contingencies and Legal Matters	Dec. 31, 2013
Contingencies, Commitments and Legal Matters [Abstract]	'
COMMITMENTS, CONTINGENCIES AND LEGAL MATTERS	'
	NOTE 13 – COMMITMENTS, CONTINGENCIES AND LEGAL MATTERS

	The Company is subject to claims and litigation in the ordinary course of business. Management does not believe that any such claim or litigation will have a material adverse effect on the business, assets, or results of operations of the Company.

	In 2010, a rainstorm bringing 13 inches of rain in a two-hour period caused flooding at Memphis Mobile City. All homes owned by us were fully restored as were the homes of all residents who elected to make repairs. On May 9, 2011, we were notified that a lawsuit had been filed in the United States District Court for the Western District of Tennessee on behalf of a purported class of all individuals of Mexican national origin who are current or former residents of Memphis Mobile City. The complaint alleges various claims based on federal and state discrimination and consumer protection laws, seeking monetary damages and injunctive relief. On September 30, 2012, the magistrate judge ruled that plaintiffs who had signed a security agreement with an arbitration clause would be obligated to arbitrate while the other plaintiffs would not. The plaintiffs have filed a statement of alleged damages for each member of the purported class. Plaintiffs have been ordered to submit releases to FEMA so that we might begin to evaluate their damage claims with respect to compensation they may have already received from that federal agency. Plaintiffs’ counsel notified us in July 2013 that they have filed such releases as to many of the plaintiffs. On June 25, 2013, in connection with a hearing on our Motion to Dismiss, the court ordered the plaintiffs to amend their Complaint to plead their claims with specificity. Plaintiffs filed an amended Complaint containing allegations substantially similar to the initial Complaint. We filed a Motion to Dismiss the amended Complaint which plaintiffs opposed. We are awaiting a date for oral argument of this motion. We continue to believe the action to be without merit. Our insurance company is supporting our defense of this action. We are working on redeveloping this property as a manufactured home community, using fill from adjacent land that we have purchased in order to comply with current codes. The adjacent parcel is also slated for manufactured home development upon receipt of appropriate permits. Redevelopment of these properties will be determined in accordance with market conditions.

	The Company has entered into definitive agreements to purchase twelve manufactured home communities with a total of approximately 1,340 developed home sites. These communities are located in Ohio and Pennsylvania. The aggregate purchase price of these communities totals approximately $37.2 million. In conjunction with the purchase of these communities, the Company will assume mortgages totaling approximately $27 million. Subject to satisfactory due diligence, we anticipate closing this transaction during the first and second quarter of 2014.

	In November 2013, the Company entered into an agreement with 21st Mortgage Corporation (21st Mortgage) under which the Company may refer purchasers of homes sold by us to 21st Mortgage to obtain loans to finance their home purchases. We do not receive referral fees or other cash compensation under the agreement. If 21st Mortgage makes loans to purchasers referred by us under the agreement, and those purchasers default on their loans and 21st Mortgage repossesses the homes securing such loans, we have agreed to purchase from 21st Mortgage each such repossessed home for a price equal to 80% to 95% of the amount under each such loan, subject to certain adjustments. In addition, we have agreed to waive all site rent that would otherwise be due from 21st Mortgage so long as it owns any homes on which loans were made pursuant to the agreement. This agreement may be terminated by either party with 30 days written notice. As of December 31, 2013, there have been no transactions under this agreement.

	In conjunction with the acquisition of certain communities, the Company also agreed to repurchase certain loans made by 21st Mortgage to homeowners in those communities, if those homeowners default on their loans. The purchase price of each repossessed home is equal to 55% to 100% of the amount under each such loan, subject to certain adjustments. The total loans subject to repurchase amounted to approximately $4.2 million as of December 31, 2013. The Company has a deposit of approximately $800,000 with 21st Mortgage regarding these loans. This deposit is included in Notes and Other Receivables, net.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2013
Fair Value Measurements [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	NOTE 14 - FAIR VALUE MEASUREMENTS

	The Company follows ASC 825, Fair Value Measurements, for financial assets and liabilities recognized at fair value on a recurring basis. We measure certain financial assets and liabilities at fair value on a recurring basis, including securities available for sale. The fair value of these certain financial assets and liabilities was determined using the following inputs at December 31, 2013 and 2012:

			Fair Value Measurements at Reporting Date Using

			Total			Quoted Prices		Significant			Significant
						in Active		Other			Unobservable
						Markets for		Observable			Inputs
						Identical		Inputs			(Level 3)
						Assets		(Level 2)
						(Level 1)

	December 31, 2013:
	Equity Securities - Preferred Stock		$	24,536,942		$	24,536,942	$	-0-		$	-0-
	Equity Securities - Common Stock			34,718,000			34,718,000		-0-			-0-
	Interest Rate Swap (1)			(39,840	)		-0-		(39,840	)		-0-
	Total		$	59,215,102		$	59,254,942	$	(39,840	)	$	-0-

	December 31, 2012:
	Equity Securities - Preferred Stock		$	18,300,970		$	18,300,970	$	-0-		$	-0-
	Equity Securities - Common Stock			39,024,470			39,024,470		-0-			-0-
	Interest Rate Swap (1)			(377,795	)		-0-		(377,795	)		-0-
	Total		$	56,947,645		$	57,325,440	$	(377,795	)	$	-0-

	(1)	Included in accrued liabilities and deposits

	In addition to the Company’s investment in Securities Available for Sale at Fair Value, the Company is required to disclose certain information about fair values of financial instruments, as defined in ASC 825-10, Financial Instruments. Estimates of fair value are made at a specific point in time, based upon, where available, relevant market prices and information about the financial instrument. Such estimates do not include any premium or discount that could result from offering for sale at one time the Company's entire holdings of a particular financial instrument. Almost all of the Company’s securities available for sale have quoted market prices. However, for a portion of the Company's other financial instruments, no quoted market value exists. Therefore, estimates of fair value are necessarily based on a number of significant assumptions (many of which involve events outside the control of management). Such assumptions include assessments of current economic conditions, perceived risks associated with these financial instruments and their counterparties, future expected loss experience and other factors. Given the uncertainties surrounding these assumptions, the reported fair values represent estimates only and, therefore, cannot be compared to the historical accounting model. Use of different assumptions or methodologies is likely to result in significantly different fair value estimates.

	The fair value of cash and cash equivalents and notes receivables approximates their current carrying amounts since all such items are short-term in nature. The fair value of securities available for sale is primarily based upon quoted market values. The fair value of variable rate mortgages payable and loans payable approximate their current carrying amounts since such amounts payable are at approximately a weighted-average current market rate of interest. The estimated fair value of fixed rate mortgage notes payable is based on discounting the future cash flows at a year-end risk adjusted borrowing rate currently available to the Company for issuance of debt with similar terms and remaining maturities. These fair value measurements fall within level 2 of the fair value hierarchy. As of December 31, 2013, the fair and carrying value of fixed rate mortgages payable amounted to $127,869,529 and $128,553,264, respectively. As of December 31, 2012, the fair and carrying value of fixed rate mortgages payable amounted to $85,875,242 and $82,571,781, respectively. The fair value of mortgages payable is based upon discounted cash flows at current market rates for instruments with similar remaining terms. When the Company acquires a property, it is required to fair value all of the assets and liabilities, including intangible assets and liabilities (See Note 1). Those fair value measurements fall within level 3 of the fair value hierarchy.

Supplemental_Cash_Flow_and_Com

Supplemental Cash Flow and Comprehensive Income (Loss) Information	12 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow and Comprehensive Income (Loss) Information [Abstract]	'
SUPPLEMENTAL CASH FLOW AND COMPREHENSIVE INCOME (LOSS) INFORMATION	'
	NOTE 15 – SUPPLEMENTAL CASH FLOW AND COMPREHENSIVE INCOME (LOSS) INFORMATION

	Cash paid for interest during the years ended December 31, 2013, 2012 and 2011 was $8,185,305, $4,715,898 and $4,823,821, respectively.

	During the years ended December 31, 2013 and 2012, the Company assumed mortgages totaling approximately $7.7 million and $2.8 million for the acquisition of communities.

	During the years ended December 31, 2013, 2012 and 2011, land development costs of $77,562, $85,193 and $79,901, respectively were transferred to investment property and equipment and placed in service.

	During the years ended December 31, 2013, 2012 and 2011, the Company had dividend reinvestments of $1,861,987, $1,390,899 and $1,628,507, respectively which required no cash transfers.

Subsequent_Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'

	NOTE 16 – SUBSEQUENT EVENTS



	Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statements were issued.

Pro_Forma_Financial_Informatio

Pro Forma Financial Information (Unaudited)	12 Months Ended
Pro Forma Financial Information (Unaudited)	Dec. 31, 2013
Pro Forma Financial Information (Unaudited) [Abstract]	'
PRO FORMA FINANCIAL INFORMATION (UNAUDITED)	'
	NOTE 17 – PRO FORMA FINANCIAL INFORMATION (UNAUDITED)

	The following unaudited pro forma condensed financial information reflects the 2013 and 2012 acquisitions that have closed. This information has been prepared utilizing the historical financial statements of the Company and the effect of additional revenue and expenses from the properties acquired during 2013 and 2012 assuming that the acquisitions had occurred as of January 1, 2012, after giving effect to certain adjustments including (a) rental and related income; (b) community operating expenses; (c) interest expense resulting from the assumed increase in mortgages and loans payable related to the new acquisitions and (d) depreciation expense related to the new acquisitions; (e) net income attributable to common shareholders have been reduced by preferred dividends related to the proceeds from capital raising used for property acquisitions. The unaudited pro forma condensed financial information is not indicative of the results of operations that would have been achieved had the acquisitions reflected herein been consummated on the dates indicated or that will be achieved in the future.

		For the years ended December 31,
		2013		2012

	Rental and Related Income	$	56,640,000	$	54,528,000
	Community Operating Expenses		30,759,000		12,198,000
	Net Income Attributable to Common Shareholders		5,755,000		1,991,000
	Net Income Attributable to Common Shareholders per Share:
	Basic		0.31		0.12
	Diluted		0.31		0.12

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
Selected Quarterly Financial Data (Unaudited)	Dec. 31, 2013
Selected Quarterly Financial Data (Unaudited) [Abstract]	'
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	'
	NOTE 18 – SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
	THREE MONTHS ENDED

	2013		31-Mar		30-Jun			30-Sep			31-Dec

	Total Income		$	13,426,295	$	16,097,925		$	16,253,966		$	16,426,921
	Total Expenses			12,240,957		14,196,653			14,935,457			16,636,587
	Other Income (Expense) (1)			2,977,034		(229,785	)		(600,121	)		(524,561	)
	Net Income			4,149,511		1,619,439			800,877			(733,004	)
	Net Income (Loss) Attributable
	to Common Shareholders			2,260,364		(269,708	)		(1,088,270	)		(2,622,151	)
	Net Income (Loss) Attributable to Common Shareholders per Share –
	Basic			0.13		(0.02	)		(0.06	)		(0.14	)
	Diluted			0.13		(0.02	)		(0.06	)		(0.14	)

	2012		31-Mar		30-Jun			30-Sep			31-Dec

	Total Income		$	10,890,946	$	11,144,029		$	12,186,668		$	12,606,121
	Total Expenses			10,143,701		10,692,049			11,617,310			11,761,448
	Other Income (Expense) (1)			989,320		1,591,029			846,764			475,169
	Net Income			1,749,697		2,019,036			1,405,754			1,299,570
	Net Income (Loss) Attributable
	to Common Shareholders			1,059,378		1,088,321			161,138			(559,498	)
	Net Income (Loss) Attributable to Common Shareholders per Share –
	Basic			0.07		0.07			-0-			(0.03	)
	Diluted			0.07		0.07			-0-			(0.03	)

	-1	Fluctuations are primarily due to the $499,471 bonus payment received in the second quarter of 2012 for rights to drill for oil and gas in one of our communities and to Gain on Sale of Securities Transactions, net.
	-2	Includes loss relating to unusual flood at Memphis Mobile City.

Real_Estate_And_Accumulated_De

Real Estate And Accumulated Depreciation	12 Months Ended
Real Estate And Accumulated Depreciation	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Abstract]	'
REAL ESTATE AND ACCUMULATED DEPRECIATION	'
	UMH PROPERTIES, INC.
	SCHEDULE III
	REAL ESTATE AND ACCUMULATED DEPRECIATION
	31-Dec-13

	Column A			Column B					Column C								Column D
	Description								Initial Cost
													Site, Land
													& Building				Capitalization
													Improvements				Subsequent to
	Name	Location		Encumbrances					Land				and Rental Homes				Acquisition

	Allentown	Memphis, TN		$	10,799,401	(1	)		$	250,000			$	2,569,101			$	6,987,622
	Auburn Estates	Orrville, OH			7,675,595	(5	)			114,000				1,174,000				-0-
	Birchwood Farms	Birch Run, MI			53,019,327	(6	)			70,000				2,797,000				185,264
	Broadmore Estates	Goshen, IN				(6	)			1,120,000				11,136,000				488,834
	Brookside Village	Berwick, PA			14,964,116	(2	)			372,000				4,776,000				220,190
	Brookview Village	Greenfield Ctr, NY			-0-					37,500				232,547				3,253,586
	Carsons	Chambersburg, PA			12,909,520	(3	)			176,000				2,411,000				56,051
	Cedarcrest	Vineland, NJ			9,124,838					320,000				1,866,323				1,816,362
	Chambersburg I & II	Chambersburg, PA				(3	)			108,000				2,397,000				170,683
	Chelsesa	Sayre, PA				(3	)			124,000				2,049,000				27,624
	City View	Lewistown, PA			-0-					137,000				613,000				416,835
	Clinton	Tiffin, OH				(1	)			142,000				3,301,800				48,940
	Collingwood	Horseheads, NY				(3	)			196,000				2,317,500				141,878
	Colonial Heights	Wintersville, OH				(6	)			67,000				2,383,000				1,144,464
	Countryside Estates	Muncie, IN			-0-					174,000				1,926,000				730,451
	Countryside Village	Columbia, TN			-0-					394,000				6,916,500				1,546,470
	Cranberry Village	Cranberry Twp, PA			-0-					181,930				1,922,931				2,130,669
	Crestview	Athens, PA				(3	)			188,000				2,258,000				93,602
	Cross Keys Village	Duncansville, PA			-0-					60,774				378,093				2,116,271
	D&R Village	Clifton Park, NY			7,089,610	(4	)			391,724				704,021				2,291,016
	Fairview Manor	Millville, NJ			10,345,239					216,000				1,166,517				8,679,046
	Forest Creek	Elkhart, IN				(6	)			440,000				7,004,000				276,526
	Forest Park Village	Cranberry Twp, PA			-0-					75,000				977,225				3,831,435
	Frieden Manor	Schuylkill Haven, PA				(3	)			643,000				5,293,500				242,066
	Green Acres	Chambersburg, PA				(3	)			63,000				584,000				1,275
	Gregory Courts	Honey Brook, PA				(6	)			370,000				1,220,000				12,547
	Heather Highlands	Inkerman, PA			1,288,149					572,500				2,151,569				5,012,458
	Highland	Elkhart, IN				(6	)			510,000				7,084,000				262,128
	Highland Estates	Kutztown, PA			9,578,574					145,000				1,695,041				9,589,458
	Holiday	Nashville, TN			-0-					1,632,000				5,618,000				604,932
	Kinnebrook	Monticello, NY			-0-					235,600				1,402,572				6,770,007
	Lake Sherman	Navarre, OH			-0-					290,000				1,457,673				5,530,530
	Laurel Woods	Cresson, PA			-0-					432,700				2,070,426				1,994,136
	Little Chippewa	Orrville, OH				(5	)			113,000				1,135,000				854
	Maple Manor	Taylor, PA				(2	)			674,000				9,432,800				645,249
	Meadowood	New Middletown, OH				(6	)			152,000				3,191,000				600,527
	Melrose Village	Wooster, OH				(5	)			767,000				5,429,000				404
	Melrose West	Wooster, OH				(5	)			94,000				1,040,000				-0-
	Memphis Mobile	Memphis, TN			-0-					78,435				810,477				951,463
	Monroe Valley	Jonestown, PA				(3	)			114,000				994,000				130,382
	Moosic Heights	Avoca, PA				(2	)			330,000				3,794,100				221,006
	Mountaintop	Narvon, PA				(3	)			134,000				1,665,000				154,362
	Mountain View	Coxsackie, NY			-0-					1,757,800				-0-				1,359,407

	Column A			Column B					Column C								Column D
	Description								Initial Cost
													Site, Land
													& Building				Capitalization
													Improvements				Subsequent to
	Name	Location		Encumbrances					Land				and Rental Homes				Acquisition

Oak Ridge Estates	Elkhart, IN		$		(6	)		$	500,000			$	7,524,000			$	414,594
Oakwood Lake	Tunkhannock, PA				(2	)			379,000				1,639,000				174,814
Olmsted Falls	Olmsted Falls, OH			-0-					569,000				3,031,000				370,889
Oxford Village	West Grove, PA			7,527,426					175,000				990,515				1,389,153
Pine Ridge/Manor	Carlisle, PA			-0-					37,540				198,321				5,927,470
Pine Valley Estates	Apollo, PA			-0-					670,000				1,336,600				2,723,260
Pleasant View Estates	Bloomsburg, PA				(2	)			282,000				2,174,800				436,817
Port Royal Village	Belle Vernon, PA			-0-					150,000				2,491,796				8,249,798
River Valley Estates	Marion, OH			-0-					236,000				785,293				4,695,899
Rolling Hills Estates	Carlisle, PA			-0-					301,000				1,419,013				37,526
Sandy Valley Estates	Magnolia, OH			-0-					270,000				1,941,430				5,063,379
Shady Hills	Nashville, TN			-0-					337,000				3,379,000				973,116
Somerset/Whispering	Somerset, PA			891,382					1,485,000				2,050,400				5,147,022
Southern Terrace	Columbiana, OH				(6	)			63,000				3,387,000				126,362
Southwind Village	Jackson, NJ			6,012,690					100,095				602,820				2,449,632
Spreading Oaks	Athens, OH			-0-					67,000				1,326,800				1,599,747
Suburban Estates	Greensburg, PA			6,711,306	(7	)			299,000				5,837,272				395,564
Sunny Acres	Somerset, PA				(7	)			287,000				6,113,528				155,305
Sunnyside	Eagleville, PA				(6	)			450,000				2,674,000				23,132
Trailmont	Goodlettsville, TN			-0-					411,000				1,867,000				978,908
Twin Oaks I & II	Olmsted Falls, OH			2,702,771					823,000				3,527,000				579,415
Twin Pines	Goshen, IN				(6	)			650,000				6,307,000				275,766
Valley View-I	Ephrata, PA				(3	)			191,000				4,359,000				78,567
Valley View-II	Ephrata, PA				(3	)			72,000				1,746,000				1,035
Valley View-Danboro	Doylestown, PA				(6	)			2,650,000				8,266,000				(49,595	)
Valley View-HB	Honey Brook, PA				(6	)			1,380,000				5,348,000				18,245
Waterfalls Village	Hamburg, NY				(4	)			424,000				3,812,000				2,127,707
Weatherly Estates	Lebanon, TN			-0-					1,184,000				4,034,480				3,806,569
Woodland Manor	West Monroe, NY			-0-					77,000				841,000				1,185,676
Woodlawn Village	Eatontown, NJ			-0-					157,421				280,749				909,735
Wood Valley	Caledonia, OH			-0-					260,000				1,753,206				3,156,015
Youngstown Estates	Youngstown, NY				(5	)			269,000				1,606,000				2,122

			$	160,639,944				$	29,669,019			$	211,994,739			$	124,160,654

Column A			Column E (6) (7)												Column F
Description			Gross Amount at Which Carried at 12/31/13
							Site, Land
							& Building
							Improvements								Accumulated
Name	Location		Land				and Rental Homes				Total				Depreciation

Allentown	Memphis, TN		$	480,000			$	9,326,723			$	9,806,723			$	4,102,482
Auburn Estates	Orrville, OH			114,000				1,174,000				1,288,000				7,253
Birchwood Farms	Birch Run, MI			70,000				2,982,264				3,052,264				105,779
Broadmore Estates	Goshen, IN			1,120,000				11,624,834				12,744,834				383,184
Brookside Village	Berwick, PA			372,000				4,996,190				5,368,190				542,690
Brookview Village	Greenfield Ctr, NY			122,865				3,400,769				3,523,634				1,847,750
Carsons	Chambersburg, PA			176,000				2,467,051				2,643,051				125,621
Cedarcrest	Vineland, NJ			408,206				3,594,479				4,002,685				2,517,291
Chambersburg I & II	Chambersburg, PA			108,000				2,567,683				2,675,683				125,514
Chelsesa	Sayre, PA			124,000				2,076,624				2,200,624				106,142
City View	Lewistown, PA			137,000				1,029,835				1,166,835				59,522
Clinton	Tiffin, OH			142,000				3,350,740				3,492,740				272,979
Collingwood	Horseheads, NY			196,000				2,459,378				2,655,378				122,132
Colonial Heights	Wintersville, OH			67,000				3,527,464				3,594,464				145,321
Countryside Estates	Muncie, IN			174,000				2,656,451				2,830,451				163,583
Countryside Village	Columbia, TN			394,000				8,462,970				8,856,970				770,042
Cranberry Village	Cranberry Twp, PA			181,930				4,053,600				4,235,530				2,375,871
Crestview	Athens, PA			188,000				2,351,602				2,539,602				118,198
Cross Keys Village	Duncansville, PA			60,774				2,494,364				2,555,138				949,609
D&R Village	Clifton Park, NY			391,724				2,995,037				3,386,761				1,630,167
Fairview Manor	Millville, NJ			2,534,892				7,526,671				10,061,563				4,028,517
Forest Creek	Elkhart, IN			440,000				7,280,526				7,720,526				254,661
Forest Park Village	Cranberry Twp, PA			75,000				4,808,660				4,883,660				2,288,396
Frieden Manor	Schuylkill Haven, PA			643,000				5,535,566				6,178,566				279,769
Green Acres	Chambersburg, PA			63,000				585,275				648,275				30,096
Gregory Courts	Honey Brook, PA			370,000				1,232,547				1,602,547				38,219
Heather Highlands	Inkerman, PA			572,500				7,164,027				7,736,527				3,745,355
Highland	Elkhart, IN			510,000				7,346,128				7,856,128				251,677
Highland Estates	Kutztown, PA			404,239				11,025,260				11,429,499				4,913,520
Holiday	Nashville, TN			1,632,000				6,222,932				7,854,932				166,031
Kinnebrook	Monticello, NY			352,972				8,055,206				8,408,178				3,480,802
Lake Sherman	Navarre, OH			290,000				6,988,203				7,278,203				2,607,441
Laurel Woods	Cresson, PA			432,700				4,064,562				4,497,262				1,384,271
Little Chippewa	Orrville, OH			113,000				1,135,854				1,248,854				3,454
Maple Manor	Taylor, PA			674,000				10,078,049				10,752,049				1,093,007
Meadowood	New Middletown, OH			152,000				3,791,527				3,943,527				195,700
Melrose Village	Wooster, OH			767,000				5,429,404				6,196,404				16,495
Melrose West	Wooster, OH			94,000				1,040,000				1,134,000				3,152
Memphis Mobile	Memphis, TN			335,935				1,504,440				1,840,375				1,136,878
Monroe Valley	Jonestown, PA			114,000				1,124,382				1,238,382				55,954
Moosic Heights	Avoca, PA			330,000				4,015,106				4,345,106				437,342
Mountaintop	Narvon, PA			134,000				1,819,362				1,953,362				87,593
Mountain View	Coxsackie, NY			2,218,800				898,407				3,117,207				107,530


Column A			Column E (6) (7)												Column F
Description			Gross Amount at Which Carried at 12/31/13
							Site, Land
							& Building
							Improvements								Accumulated
Name	Location		Land				and Rental Homes				Total				Depreciation

Oak Ridge Estates	Elkhart, IN		$	500,000			$	7,938,594			$	8,438,594			$	279,650
Oakwood Lake	Tunkhannock, PA			379,000				1,813,814				2,192,814				197,704
Olmsted Falls	Olmsted Falls, OH			569,000				3,401,889				3,970,889				128,748
Oxford Village	West Grove, PA			155,000				2,399,668				2,554,668				1,812,334
Pine Ridge/Manor	Carlisle, PA			145,473				6,017,859				6,163,332				1,943,809
Pine Valley Estates	Apollo, PA			732,089				3,997,771				4,729,860				1,707,088
Pleasant View Estates	Bloomsburg, PA			282,000				2,611,617				2,893,617				263,393
Port Royal Village	Belle Vernon, PA			505,000				10,386,594				10,891,594				4,895,376
River Valley Estates	Marion, OH			236,000				5,481,192				5,717,192				2,619,902
Rolling Hills Estates	Carlisle, PA			301,000				1,456,539				1,757,539				16,958
Sandy Valley Estates	Magnolia, OH			270,000				7,004,809				7,274,809				3,649,839
Shady Hills	Nashville, TN			337,000				4,352,116				4,689,116				375,156
Somerset/Whispering	Somerset, PA			1,488,600				7,193,822				8,682,422				1,931,779
Southern Terrace	Columbiana, OH			63,000				3,513,362				3,576,362				167,820
Southwind Village	Jackson, NJ			100,095				3,052,452				3,152,547				1,797,560
Spreading Oaks	Athens, OH			67,000				2,926,547				2,993,547				1,140,247
Suburban Estates	Greensburg, PA			299,000				6,232,836				6,531,836				770,224
Sunny Acres	Somerset, PA			287,000				6,268,833				6,555,833				813,402
Sunnyside	Eagleville, PA			450,000				2,697,132				3,147,132				81,736
Trailmont	Goodlettsville, TN			411,000				2,845,908				3,256,908				237,420
Twin Oaks I & II	Olmsted Falls, OH			823,000				4,106,415				4,929,415				153,411
Twin Pines	Goshen, IN			650,000				6,582,766				7,232,766				207,135
Valley View-I	Ephrata, PA			191,000				4,437,567				4,628,567				228,610
Valley View-II	Ephrata, PA			72,000				1,747,035				1,819,035				89,980
Valley View-Danboro	Doylestown, PA			2,650,000				8,216,405				10,866,405				250,580
Valley View-HB	Honey Brook, PA			1,380,000				5,366,245				6,746,245				176,825
Waterfalls Village	Hamburg, NY			424,000				5,939,707				6,363,707				2,682,069
Weatherly Estates	Lebanon, TN			1,184,000				7,841,049				9,025,049				1,588,498
Woodland Manor	West Monroe, NY			77,000				2,026,676				2,103,676				578,668
Woodlawn Village	Eatontown, NJ			135,420				1,212,485				1,347,905				573,772
Wood Valley	Caledonia, OH			260,000				4,909,221				5,169,221				1,994,158
Youngstown Estates	Youngstown, NY			269,000				1,608,121				1,877,121				4,902

			$	33,973,214			$	331,851,198			$	365,824,412			$	76,435,743

Column A			Column G		Column H		Column I
Description
			Date of		Date		Depreciable
Name	Location		Construction		Acquired		Life

Allentown	Memphis, TN		prior to 1980		1986		5 to 27.5
Auburn Estates	Orrville, OH		1971/1985/1995		2013		5 to 27.5
Birchwood Farms	Birch Run, MI		1976-1977		2013		5 to 27.5
Broadmore Estates	Goshen, IN		1950/1990		2013		5 to 27.5
Brookside Village	Berwick, PA		1973-1976		2010		5 to 27.5
Brookview Village	Greenfield Ctr, NY		prior to 1970		1977		5 to 27.5
Carsons	Chambersburg, PA		1963		2012		5 to 27.5
Cedarcrest	Vineland, NJ		1973		1986		27.5
Chambersburg I & II	Chambersburg, PA		1955		2012		5 to 27.5
Chelsesa	Sayre, PA		1972		2012		5 to 27.5
City View	Lewistown, PA		prior to 1980		2011		5 to 27.5
Clinton	Tiffin, OH		1968/1987		2011		27.5
Collingwood	Horseheads, NY		1970		2012		5 to 27.5
Colonial Heights	Wintersville, OH		1972		2012		5 to 27.5
Countryside Estates	Muncie, IN		1996		2012		5 to 27.5
Countryside Village	Columbia, TN		1988/1992		2011		5 to 27.5
Cranberry Village	Cranberry Twp, PA		1974		1986		5 to 27.5
Crestview	Athens, PA		1964		2012		5 to 27.5
Cross Keys Village	Duncansville, PA		1961		1979		5 to 27.5
D&R Village	Clifton Park, NY		1972		1978		5 to 27.5
Fairview Manor	Millville, NJ		prior to 1980		1985		5 to 27.5
Forest Creek	Elkhart, IN		1996-1997		2013		5 to 27.5
Forest Park Village	Cranberry Twp, PA		prior to 1980		1982		5 to 27.5
Frieden Manor	Schuylkill Haven, PA		1969		2012		5 to 27.5
Green Acres	Chambersburg, PA		1978		2012		27.5
Gregory Courts	Honey Brook, PA		1970		2013		5 to 27.5
Heather Highlands	Inkerman, PA		1970		1992		5 to 27.5
Highland	Elkhart, IN		1969		2013		5 to 27.5
Highland Estates	Kutztown, PA		1971		1979		5 to 27.5
Holiday	Nashville, TN		1967		2013		5 to 27.5
Kinnebrook	Monticello, NY		1972		1988		5 to 27.5
Lake Sherman	Navarre, OH		prior to 1980		1987		5 to 27.5
Laurel Woods	Cresson, PA		prior to 1980		2001		5 to 27.5
Little Chippewa	Orrville, OH		1968		2013		5 to 27.5
Maple Manor	Taylor, PA		1972		2010		5 to 27.5
Meadowood	New Middletown, OH		1957		2012		5 to 27.5
Melrose Village	Wooster, OH		1970-1978		2013		5 to 27.5
Melrose West	Wooster, OH		1995		2013		27.5
Memphis Mobile	Memphis, TN		1955		1985		27.5
Monroe Valley	Jonestown, PA		1969		2012		5 to 27.5
Moosic Heights	Avoca, PA		1972		2010		5 to 27.5
Mountaintop	Narvon, PA		1972		2012		5 to 27.5
Mountain View	Coxsackie, NY		N/A		2005		5 to 27.5


Column A			Column G		Column H		Column I
Description
			Date of		Date		Depreciable
Name	Location		Construction		Acquired		Life

Oak Ridge Estates	Elkhart, IN		1990		2013		5 to 27.5
Oakwood Lake	Tunkhannock, PA		1972		2010		5 to 27.5
Olmsted Falls	Olmsted Falls, OH		1953/1970		2012		27.5
Oxford Village	West Grove, PA		1971		1974		5 to 27.5
Pine Ridge/Manor	Carlisle, PA		1961		1969		5 to 27.5
Pine Valley Estates	Apollo, PA		prior to 1980		1995		5 to 27.5
Pleasant View Estates	Bloomsburg, PA		1960's		2010		5 to 27.5
Port Royal Village	Belle Vernon, PA		1973		1983		5 to 27.5
River Valley Estates	Marion, OH		1950		1986		5 to 27.5
Rolling Hills Estates	Carlisle, PA		1972-1975		2013		5 to 27.5
Sandy Valley Estates	Magnolia, OH		prior to 1980		1985		5 to 27.5
Shady Hills	Nashville, TN		1954		2011		5 to 27.5
Somerset/Whispering	Somerset, PA		prior to 1980		2004		27.5
Southern Terrace	Columbiana, OH		1983		2012		27.5
Southwind Village	Jackson, NJ		1969		1969		5 to 27.5
Spreading Oaks	Athens, OH		prior to 1980		1996		5 to 27.5
Suburban Estates	Greensburg, PA		1968/1980		2010		5 to 27.5
Sunny Acres	Somerset, PA		1970		2010		5 to 27.5
Sunnyside	Eagleville, PA		1960		2013		5 to 27.5
Trailmont	Goodlettsville, TN		1964		2011		5 to 27.5
Twin Oaks I & II	Olmsted Falls, OH		1952/1997		2012		5 to 27.5
Twin Pines	Goshen, IN		1956/1990		2013		5 to 27.5
Valley View-I	Ephrata, PA		1961		2012		5 to 27.5
Valley View-II	Ephrata, PA		1999		2012		5 to 27.5
Valley View-Danboro	Doylestown, PA		1959		2013		5 to 27.5
Valley View-HB	Honey Brook, PA		1970		2013		5 to 27.5
Waterfalls Village	Hamburg, NY		prior to 1980		1997		5 to 27.5
Weatherly Estates	Lebanon, TN		1997		2006		5 to 27.5
Woodland Manor	West Monroe, NY		prior to 1980		2003		5 to 27.5
Woodlawn Village	Eatontown, NJ		1964		1978		5 to 27.5
Wood Valley	Caledonia, OH		prior to 1980		1996		5 to 27.5
Youngstown Estates	Youngstown, NY		1963		2013		5 to 27.5

(1)	Represents one mortgage note payable secured by two properties.

(2)	Represents one mortgage note payable secured by five properties.

(3)	Represents one mortgage note payable secured by eleven properties.

(4)	Represents one mortgage note payable secured by two properties.

(5)	Represents one mortgage note payable secured by five properties.

(6)	Represents one mortgage not payable secured by thirteen properties.

(7)	Represents one mortgage note payable secured by two properties.

(8)	Reconciliation

		/----------FIXED ASSETS-----------/
		12/31/13				12/31/12				12/31/11

Balance – Beginning of Year		$	253,490,055			$	191,252,542			$	168,590,072

Additions:
Acquisitions			88,211,013				47,376,000				17,498,300
Improvements			26,041,264				16,121,717				5,935,642
Total Additions			114,252,277				63,497,717				23,433,942

Deletions			(1,917,920	)			(1,260,204	)			(771,472	)

Balance – End of Year		$	365,824,412			$	253,490,055			$	191,252,542

		/-----ACCUMULATED DEPRECIATION-----/
		12/31/13				12/31/12				12/31/11

Balance – Beginning of Year		$	65,658,602			$	58,994,093			$	53,950,873

Additions:
Depreciation			11,318,194				6,869,251				5,273,809
Total Additions			11,318,194				6,869,251				5,273,809

Deletions			(541,053	)			(204,742	)			(230,589	)

Balance – End of Year		$	76,435,743			$	65,658,602			$	58,994,093

(9)	The aggregate cost for Federal tax purposes approximates historical cost.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
New Accounting Pronouncements or Change in Accounting Principle [Line Items]	'
Basis of Presentation	'
	Basis of Presentation

	The Company prepares its financial statements under the accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Company’s subsidiaries are all 100% wholly-owned. The consolidated financial statements of the Company include all of these subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. The Company does not have a majority or minority interest in any other company, either consolidated or unconsolidated.
Use of Estimates	'
	Use of Estimates

	In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as contingent assets and liabilities as of the dates of the consolidated balance sheets and revenue and expenses for the years then ended. These estimates and assumptions include the allowance for doubtful accounts, valuation of inventory, depreciation, valuation of securities, reserves and accruals, and stock compensation expense. Actual results could differ from these estimates and assumptions.
Investment Property and Equipment and Depreciation	'
	Investment Property and Equipment and Depreciation

	Property and equipment are carried at cost. Depreciation for Sites and Building (15 to 27.5 years) is computed principally on the straight-line method over the estimated useful lives of the assets. Depreciation of Improvements to Sites and Buildings, Rental Homes and Equipment and Vehicles (3 to 27.5 years) is computed principally on the straight-line method. Land Development Costs are not depreciated until they are put in use, at which time they are capitalized as Sites and Land Improvements. Interest Expense pertaining to Land Development Costs are capitalized. Maintenance and Repairs are charged to expense as incurred and improvements are capitalized. The costs and related accumulated depreciation of property sold or otherwise disposed of are removed from the financial statement and any gain or loss is reflected in the current year’s results of operations.

	The Company applies Financial Accounting Standards Board Accounting Standards Codification (ASC) 360-10, Property, Plant & Equipment (ASC 360-10) to measure impairment in real estate investments. Rental properties are individually evaluated for impairment when conditions exist which may indicate that it is probable that the sum of expected future cash flows (on an undiscounted basis without interest) from a rental property is less than the carrying value under its historical net cost basis. These expected future cash flows consider factors such as future operating income, trends and prospects as well as the effects of leasing demand, competition and other factors. Upon determination that a permanent impairment has occurred, rental properties are reduced to their fair value. For properties to be disposed of, an impairment loss is recognized when the fair value of the property, less the estimated cost to sell, is less than the carrying amount of the property measured at the time there is a commitment to sell the property and/or it is actively being marketed for sale. A property to be disposed of is reported at the lower of its carrying amount or its estimated fair value, less its cost to sell. Subsequent to the date that a property is held for disposition, depreciation expense is not recorded.

	The Company conducted a comprehensive review of all real estate asset classes in accordance with ASC 360-10-35-21. The process entailed the analysis of property for instances where the net book value exceeded the estimated fair value. The Company utilizes the experience and knowledge of its internal valuation team to derive certain assumptions used to determine an operating property’s cash flow. Such assumptions include lease-up rates, rental rates, rental growth rates, and capital expenditures. The Company reviewed its operating properties in light of the requirements of ASC 360-10 and determined that, as of December 31, 2013, the undiscounted cash flows over the holding period for these properties were in excess of their carrying values and, therefore, no impairment charges were required.
Acquisitions	'
	Acquisitions

	The Company accounts for acquisitions in accordance with Accounting Standards Codification (ASC) 805, Business Combinations (ASC 805). ASC 805 requires that transaction costs, such as broker fees, transfer taxes, legal, accounting, valuation, and other professional and consulting fees, related to acquisitions be expensed as incurred.

	Upon acquisition of a property, the Company allocates the purchase price of the property based upon the fair value of the assets acquired, which generally consist of land, site and land improvements, buildings and improvements and rental homes. The Company allocates the purchase price of an acquired property generally determined by internal evaluation as well as a third-party appraisal of the property obtained in conjunction with the purchase.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents

	Cash and cash equivalents include bank repurchase agreements with original maturities of 90 days or less. The Company maintains its cash in bank accounts in amounts that may exceed federally insured limits. The Company has not experienced any losses in these accounts in the past. The fair value of cash and cash equivalents approximates their current carrying amounts since all such items are short-term in nature.
Securities Available for Sale	'
	Securities Available for Sale

	Investments in non-real estate assets consist of marketable securities of other REIT’s, which are composed of common and preferred stock. These securities are all publicly-traded and purchased on the open market, through private transactions or through dividend reinvestment plans. These securities are classified among three categories: held-to-maturity, trading and available-for-sale. As of December 31, 2013 and 2012, the Company’s securities are all classified as available-for-sale and are carried at fair value based upon quoted market prices. Gains or losses on the sale of securities are based on identifiable cost and are accounted for on a trade date basis. Unrealized holding gains and losses are excluded from earnings and reported as a separate component of Shareholders’ Equity until realized. The changes in unrealized net holding gains are reflected as comprehensive income.

	The Company individually reviews and evaluates our marketable securities for impairment on a quarterly basis or when events or circumstances occur. The Company considers, among other things, credit aspects of the issuer, amount of decline in fair value over cost and length of time in a continuous loss position. The Company has developed a general policy of evaluating whether an unrealized loss is other than temporary. On a quarterly basis, the Company makes an initial review of every individual security in its portfolio. If the security is impaired, the Company first determines our intent and ability to hold this investment for a period of time sufficient to allow for any anticipated recovery in market value. Next, the Company determines the length of time and the extent of the impairment. Barring other factors, including the downgrading of the security or the cessation of dividends, if the fair value of the security is below cost by less than 20% for less than 6 months and the Company has the intent and ability to hold the security, the security is deemed to not be other than temporarily impaired. Otherwise, the Company reviews additional information to determine whether the impairment is other than temporary. The Company discusses and analyzes any relevant information known about the security, such as:

		a.	Whether the decline is attributable to adverse conditions related to the security or to specific conditions in an industry or in a geographic area.
		b.	Any downgrading of the security by a rating agency.
		c.	Whether the financial condition of the issuer has deteriorated.
		d.	Status of dividends – Whether dividends have been reduced or eliminated, or scheduled interest payments have not been made.
		e.	Analysis of the underlying assets (including NAV analysis) using independent analysis or recent transactions.

	The Company normally holds REIT securities long term and has the ability and intent to hold securities to recovery. If a decline in fair value is determined to be other than temporary, an impairment charge is recognized in earnings and the cost basis of the individual security is written down to fair value as the new cost basis.
Inventory of Manufactured Homes	'
	Inventory of Manufactured Homes

	Inventory of manufactured homes is valued at the lower of cost or market value and is determined by the specific identification method. All inventory is considered finished goods.
Accounts and Notes Receivables	'
	Accounts and Notes Receivables

	The Company’s accounts, notes and other receivables are stated at their outstanding balance reduced by an allowance for uncollectible accounts. The Company evaluates the recoverability of its receivables whenever events occur or there are changes in circumstances such that management believes it is probable that it will be unable to collect all amounts due according to the contractual terms of the notes receivable or lease agreements. The collectability of notes receivable is measured based on the present value of the expected future cash flow discounted at the notes receivable effective interest rate or the fair value of the collateral if the notes receivable is collateral dependent. Total notes receivables at December 31, 2013 and 2012 was $23,630,159 and $21,941,912, respectively. At December 31, 2013 and 2012, the reserves for uncollectible accounts, notes and other receivables were $1,097,387 and $937,995, respectively. For the years ended December 31, 2013, 2012 and 2011, the provisions for uncollectible notes and other receivables were $760,570, $745,993 and $461,668, respectively. Charge-offs and other adjustments related to repossessed homes for the years ended December 31, 2013, 2012 and 2011 amounted to $601,178, $620,519 and $522,841, respectively.

	The Company’s notes receivable primarily consists of installment loans collateralized by manufactured homes with principal and interest payable monthly. The average interest rate on these loans is approximately 9.5%. The average maturity is approximately 10 years.
Unamortized Financing Costs	'
	Unamortized Financing Costs

	Costs incurred in connection with obtaining mortgages and other financings and refinancings are deferred and are amortized on a straight-line basis over the term of the related obligations, which is not materially different than the effective interest method. Unamortized costs are charged to expense upon prepayment of the obligation. As of December 31, 2013 and 2012, accumulated amortization amounted to $1,023,893 and $818,120, respectively. The Company estimates that aggregate amortization expense will be approximately $393,000 for 2014, $378,000 for 2015, $339,000 for 2016, $233,000 for 2017 and $194,000 for 2018.
Derivative Instruments and Hedging Activities	'

	Derivative Instruments and Hedging Activities

	In the normal course of business, the Company is exposed to financial market risks, including interest rate risk on our variable rate debt. We attempt to limit these risks by following established risk management policies, procedures and strategies, including the use of derivative financial instruments. The Company's primary strategy in entering into derivative contracts is to minimize the variability that changes in interest rates could have on its future cash flows. The Company generally employs derivative instruments that effectively convert a portion of its variable rate debt to fixed rate debt. The Company does not enter into derivative instruments for speculative purposes. The Company had entered into various interest rate swap agreements that had the effect of fixing interest rates relative to specific mortgage loans.

	During 2012, the Company entered into two interest rate swap agreements that have the effect of fixing interest rates relative to specific mortgage loans as follows:

	Mortgage	Due Date	Mortgage	Effective	Balance 12/31/13
			Interest Rate	Fixed Rate

	Allentown/Clinton	2/1/17	LIBOR + 3.25%	4.39%	$10,799,401
	Various – 11 properties	8/1/17	LIBOR + 3.00%	3.89%	$12,909,520

	The Company's interest rate swap agreements are based upon 30-day LIBOR. The re-pricing and scheduled maturity dates, payment dates, index and the notional amounts of the interest rate swap agreements coincide with those of the underlying mortgage. The interest rate swap agreements are net settled monthly. The Company has designated these derivatives as cash flow hedges and have recorded the fair value on the balance sheet in accordance with ASC 815, Derivatives and Hedging (See Note 14 for information on the determination of fair value). The effective portion of the gain or loss on these hedges will be reported as a component of Accumulated Other Comprehensive Income in our Consolidated Balance Sheets. To the extent that the hedging relationships are not effective or do not qualify as cash flow hedges, the ineffective portion is recorded in interest expense. Hedges that received designated hedge accounting treatment are evaluated for effectiveness at the time that they are designated as well as through the hedging period. As of December 31, 2013, the Company has determined that these interest rate swap agreements are highly effective as cash flow hedges. As a result, the fair value of these derivatives of $(39,840) and $(377,795) as of December 31, 2013 and 2012, respectively, was recorded as a component of Accumulated Other Comprehensive Income, with the corresponding liability included in Accrued Liabilities and Deposits.
Revenue Recognition	'
	Revenue Recognition

	The Company derives its income primarily from the rental of manufactured home sites. The Company also owns approximately 1,720 rental units which are rented to residents. Rental and related income is recognized on the accrual basis over the term of the lease, which is typically one year or less.

	Sale of manufactured homes is recognized on the full accrual basis when certain criteria are met. These criteria include the following: (a) initial and continuing payment by the buyer must be adequate: (b) the receivable, if any, is not subject to future subordination; (c) the benefits and risks of ownership are substantially transferred to the buyer; and (d) the Company does not have a substantial continued involvement with the home after the sale. Alternatively, when the foregoing criteria are not met, the Company recognizes gains by the installment method. Interest income on loans receivable is not accrued when, in the opinion of management, the collection of such interest appears doubtful.
Net Income (Loss) Per Share	'
	Net Income (Loss) Per Share

	Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding during the period (18,724,321, 16,197,339 and 14,506,679 in 2013, 2012 and 2011, respectively). Diluted net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding plus the weighted-average number of net shares that would be issued upon exercise of stock options pursuant to the treasury stock method (18,789,662, 16,260,225 and 14,562,018 in 2013, 2012 and 2011, respectively) (See Note 6). Options in the amount of 65,341, 62,886 and 55,339 for 2013, 2012 and 2011, respectively, are included in the diluted weighted average shares outstanding. As of December 31, 2013, 2012 and 2011, options to purchase 502,000, 586,000 and 547,000 shares, respectively, were antidilutive.
Stock Compensation Plan	'
	Stock Compensation Plan

	The Company accounts for awards of stock options and restricted stock in accordance with ASC 718-10, Compensation-Stock Compensation. ASC 718-10 requires that compensation cost for all stock awards be calculated and amortized over the service period (generally equal to the vesting period). The compensation cost for stock option grants is determined using option pricing models, intended to estimate the fair value of the awards at the grant date less estimated forfeitures. The compensation expense for restricted stock is recognized based on the fair value of the restricted stock awards less estimated forfeitures. The fair value of restricted stock awards is equal to the fair value of the Company’s stock on the grant date. Compensation costs, which is included in General and Administrative Expenses, of $850,349, $573,244 and $295,042 have been recognized in 2013, 2012 and 2011, respectively. During 2013, compensation costs included a one-time charge of $142,000 for a stock option grant awarded to one participant who is of retirement age and therefore the entire amount of measured compensation cost has been recognized at grant date. During 2012, compensation costs included a one-time charge of $123,490 for restricted stock grants awarded to one participant who is of retirement age and therefore the entire amount of measured compensation cost has been recognized at grant date. Included in Note 6 to these consolidated financial statements are the assumptions and methodology used to calculate the fair value of stock options and restricted stock awards.
Income Tax	'
	Income Tax

	The Company has elected to be taxed as a REIT under the applicable provisions of Sections 856 to 860 of the Internal Revenue Code. Under such provisions, the Company will not be taxed on that portion of its income which is distributed to shareholders, provided it distributes at least 90% of its taxable income, has at least 75% of its assets in real estate investments and meets certain other requirements for qualification as a REIT. The Company is subject to franchise taxes in some of the states in which the Company owns property.

	The Company follows the provisions of ASC Topic 740, Income Taxes, that, among other things, defines a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Based on its evaluation, the Company determined that it has no uncertain tax positions and no unrecognized tax benefits as of December 31, 2013. The Company records interest and penalties relating to unrecognized tax benefits, if any, as interest expense. As of December 31, 2013, the tax years 2009 through and including 2013 remain open to examination by the Internal Revenue Service. There are currently no federal tax examinations in progress.
Comprehensive Income (Loss)	'
	Comprehensive Income (Loss)

	Comprehensive income (loss) is comprised of net income and other comprehensive income (loss). Other comprehensive income (loss) consists of the change in unrealized gains or losses on securities available for sale and the change in the fair value of derivatives.
Reclassifications	'
	Reclassifications

	Certain amounts in the consolidated financial statements for the prior years have been reclassified to conform to the financial statement presentation for the current year.
ASU 2013-02, Comprehensive Income [Member]	'
New Accounting Pronouncements or Change in Accounting Principle [Line Items]	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In February 2013, the FASB issued ASU 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. ASU 2013-02 does not change the current requirements for reporting net income or other comprehensive income in financial statements. However, ASU 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. This ASU is effective prospectively, for annual and interim periods, beginning on or after December 15, 2012. The adoption of ASU 2013-02 did not have a material impact on our financial position, results of operations or cash flows.

	Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]	'
Summary of interest rate swap agreement	'

	Mortgage	Due Date	Mortgage	Effective	Balance 12/31/13
			Interest Rate	Fixed Rate

	Allentown/Clinton	2/1/17	LIBOR + 3.25%	4.39%	$10,799,401
	Various – 11 properties	8/1/17	LIBOR + 3.00%	3.89%	$12,909,520

Investment_Property_and_Equipm1

Investment Property and Equipment (Tables)	12 Months Ended
Investment Property and Equipment (Tables)	Dec. 31, 2013
Investment Property and Equipment [Abstract]	'
Summary of accumulated depreciation by major classes of assets	'

		31-Dec-13		31-Dec-12

	Site and Land Improvements	$	64,292,239	$	56,262,656
	Buildings and Improvements		3,036,082		2,685,623
	Rental Homes and Accessories		9,107,422		6,710,323
	Equipment and Vehicles		8,219,274		7,611,655
	Total Accumulated Depreciation	$	84,655,017	$	73,270,257

Securities_Available_for_Sale_

Securities Available for Sale (Tables)	12 Months Ended
Securities Available for Sale (Tables)	Dec. 31, 2013
Securities Available For Sale [Abstract]	'
Summary of available-for-sale securities	'
	The following is a listing of securities available for sale at December 31, 2013:

							Interest				Number							Market
			Series				Rate				Of Shares				Cost			Value

	Equity Securities:
	Preferred Stock:
	Alexandria Real Estate			E				6.45	%			2,000			$	45,425		$	42,400
	American Land Lease, Inc.			A				7.75	%			31,200				275,297			756,600
	Ashford Hospitality Trust			A				8.55	%			10,000				251,205			252,490
	Campus Crest Communities			A				8	%			30,000				751,222			741,000
	CBL & Associates Properties			D				7.375	%			2,000				50,269			47,500
	CBL & Associates Properties			E				6.625	%			65,000				1,543,385			1,381,900
	Cedar Realty Trust Inc.			B				7.25	%			47,355				1,127,208			1,089,157
	Chesapeake Lodging			A				7.75	%			20,000				500,000			491,800
	Commonwealth Real Estate Trust			D				6.5	%			74,000				1,660,828			1,517,740
	Corporate Office Properties Trust			L				7.375	%			26,000				650,330			612,040
	Cubesmart			A				7.75	%			2,000				52,153			50,300
	Digital Realty Trust Inc.			E				7	%			4,000				100,000			86,840
	Digital Realty Trust Inc.			F				6.625	%			2,000				44,870			41,160
	Dupont Fabros Technology, Inc.			A				7.875	%			26,412				657,703			632,303
	Dupont Fabros Technology, Inc.			B				7.625	%			20,000				500,000			455,400
	EPR Properties			F				6.625	%			20,000				472,680			423,800
	Equity Lifestyle Properties			C				6.75	%			2,000				46,885			46,200
	General Growth Properties			A				6.375	%			10,000				250,000			201,500
	Glimcher Realty			I				6.875	%			39,738				964,267			858,341
	Istar Financial, Inc.			D				8	%			26,600				636,609			635,447
	Istar Financial, Inc.			E				7.875	%			38,342				851,903			896,819
	Istar Financial, Inc.			I				7.5	%			59,600				1,325,647			1,363,648
	Kilroy Realty Corp.			G				6.875	%			34,948				844,770			766,410
	Kilroy Realty Corp.			H				6.38	%			10,000				235,486			205,700
	Kimco Realty			I				6	%			2,000				43,026			41,740
	Kite Realty Group Trust			A				8.25	%			50,000				1,227,138			1,262,500
	Lasalle Hotel Properties			H				7.5	%			40,000				982,589			986,000
	Lasalle Hotel Properties			I				6.375	%			6,000				124,984			121,080
	Lexington Realty Trust			C				6.5	%			6,000				247,860			264,900

							Interest				Number							Market
			Series				Rate				Of Shares				Cost			Value

	Pebblebrook Hotel			C				6.5	%			19,000			$	400,742		$	387,062
	Pennsylvania Real Estate Trust			A				8.25	%			94,000				2,350,885			2,364,852
	Pennsylvania Real Estate Trust			B				7.375	%			40,000				1,000,000			949,200
	Retail Properties of America			A				7	%			20,000				481,949			421,600
	SL Green Realty Corp.			I				6.5	%			20,000				460,169			426,200
	Stag Industrial, Inc.			A				9	%			9,000				224,885			239,040
	Stag Industrial, Inc.			B				6.625	%			20,100				470,007			418,683
	Summit Hotel Properties, Inc			B				7.875	%			20,000				500,000			477,002
	Sun Communities, Inc.			A				7.125	%			45,000				1,117,377			1,059,750
	Taubman Centers			K				6.25	%			11,000				228,009			218,932
	Terreno Realty Corp.			A				7.75	%			20,300				507,791			497,350
	Urstadt Biddle Properties, Inc.			F				7.125	%			30,421				756,305			700,596
	Vornado Realty Trust			D				7.875	%			4,000				96,114			103,960
	Total Preferred Stock														$	25,057,972		$	24,536,942

	Common Stock:
	Getty Realty Corp.											100,000			$	1,886,332		$	1,837,000
	Gladstone Commercial Corp.											60,000				1,031,950			1,078,200
	Government Properties Income Trust											110,000				2,664,307			2,733,500
	Mack-Cali Realty Group											75,000				1,824,903			1,611,000
	Monmouth Real Estate Investment Corp. (1)											1,875,147				15,491,475			17,045,082
	Nobility Homes											20,000				158,200			180,200
	Parkway Properties, Inc.											10,000				134,799			192,900
Select Income Real Estate Investment Trust											340,973				8,976,023			9,117,618
Urstadt Biddle Properties, Inc.											50,000				912,243			922,500
Total Common Stock															33,080,232			34,718,000

Total Securities Available for Sale														$	58,138,204		$	59,254,942

(1) Related entity – See Note 8.

The following is a listing of securities available for sale at December 31, 2012:

						Interest				Number							Market
		Series				Rate				Of Shares				Cost			Value
Equity Securities:
Preferred Stock:
American Land Lease, Inc.			A				7.75	%			46,200			$	397,547		$	1,113,420
Ashford Hospitality Trust			E				9	%			21,600				540,021			578,880
Ashford Hospitality Trust			A				8.55	%			10,000				251,205			252,500
Campus Crest			A				8	%			10,000				250,000			259,200
CapLease Inc.			A				8.125	%			14,000				293,473			350,700
CapLease Inc.			B				8.375	%			48,000				1,200,752			1,257,120
CBL & Associates Properties			D				7.375	%			3,000				68,126			75,150
Cedar Realty Trust Inc.			A				8.875	%			2,268				56,976			57,403
Cedar Realty Trust Inc.			B				7.25	%			20,370				483,594			498,054
Chesapeake Lodging			A				7.75	%			20,000				500,000			529,000
Corporate Office Properties Trust			L				7.375	%			20,000				502,800			502,800
Cousins Properties			B				7.5	%			3,500				82,146			87,570
Digital Realty Trust Inc.			E				7	%			4,000				100,000			106,680
Dupont Fabros Technology, Inc.			A				7.875	%			26,412				657,703			703,877
Dupont Fabros Technology, Inc.			B				7.625	%			20,000				500,000			531,380
EPR Properties			F				6.625	%			10,000				250,000			246,000
Commonwealth REIT			D				6.5	%			35,000				431,643			807,800
Istar Financial, Inc.			I				7.5	%			10,500				190,597			228,375
Istar Financial, Inc.			D				8	%			1,500				30,756			33,495
Istar Financial, Inc.			E				7.875	%			11,000				203,221			243,430
Kilroy Realty Corp			G				6.875	%			20,000				500,000			518,200
Kite Realty Group Trust			A				8.25	%			62,000				1,527,328			1,590,300
Lasalle Hotel Properties			H				7.5	%			32,000				784,172			824,000
Lexington Realty Trust			C				6.5	%			6,000				247,860			284,701
Lexington Realty Trust			D				7.75	%			1,500				36,329			37,650
MPG Office Trust, Inc.			A				7.625	%			12,000				13,560			253,200
Parkway Properties, Inc.			D				8	%			13,400				331,241			335,243
Pennsylvania Real Estate Trust			A				8.25	%			94,000				2,350,885			2,470,320
Pennsylvania Real Estate Trust			B				7.375	%			40,000				1,000,000			1,010,940
Retail Properties of America			A				7	%			10,000				250,000			246,500
Stag Industrial, Inc.			A				9	%			9,000				224,885			242,595
Summit Hotel Properties, Inc			B				7.875	%			20,000				500,000			506,200
Sun Communities, Inc.			A				7.125	%			20,000				500,000			501,998
Terreno Realty Corp.			A				7.75	%			20,000				500,000			518,600
Urstadt Biddle Properties, Inc.			F				7.125	%			15,000				375,000			389,370
Vornado Realty Trust			D				7.875	%			4,000				96,112			108,319
Total Preferred Stock														$	16,227,932		$	18,300,970

Common Stock:
Getty Realty Corp.											135,700			$	2,833,601		$	2,450,742
Gladstone Commercial Corp.											80,500				1,404,133			1,444,975
Government Properties Income Trust											30,000				681,529			719,100
Commonwealth REIT											300,000				5,523,942			4,752,000
Mack-Cali Realty Group											40,000				1,103,392			1,044,400
Medical Properties Trust Inc											67,000				630,427			801,320
Monmouth Real Estate Investment Corp. (1)											1,767,147				14,521,198			18,307,641
Nobility Homes											20,000				158,200			98,000
Omega Healthcare REIT Investors											45,000				746,936			1,073,250
One Liberty Properties, Inc.											30,000				446,025			608,700


			Interest		Number								Market
	Series		Rate		Of Shares				Cost				Value

Parkway Properties, Inc.						10,000				134,799				139,900

Pennsylvania Real Estate Investment Trust						140,000			$	1,460,129			$	2,469,600
Select Income Real Estate Investment Trust						132,387				3,204,612				3,279,226
Senior Housing Properties Trust						60,000				1,291,280				1,418,400
Urstadt Biddle Properties, Inc.						21,200				343,350				417,216
Total Common Stock									$	34,483,553			$	39,024,470

Total Securities Available for Sale									$	50,711,485			$	57,325,440

(1) Related entity – See Note 8.
Summary of temporarily impaired securities	'
			Less Than 12 Months								12 Months or Longer
			Fair				Unrealized				Fair				Unrealized
			Value				Loss				Value				Loss

	Preferred Stock		$	16,046,133			$	(1,178,316	)		$	-0-			$	-0-
	Common Stock			3,448,000				(263,235	)			-0-				-0-

	Total		$	19,494,133			$	(1,441,551	)		$	-0-			$	-0-
Summary of the range of the losses	'
	Number of		Fair Value				Unrealized Loss
	Individual Securities		Fair Value				Unrealized Loss			Range of Loss

	27		$	15,690,469			$	(918,603	)	Less than or equal to 10%
	7			3,803,664				(522,948	)	Less than or equal to 20%

	34		$	19,494,133			$	(1,441,551	)
Summary of gain (loss) on securities transactions	'
			2013				2012				2011

	Gross realized gains		$	4,284,934			$	4,092,585			$	2,692,649
	Gross realized losses			(229,122	)			-0-				-0-
	Impairment loss			-0-				-0-				-0-

	Total Gains realized on Sale of Securities Transactions, net		$	4,055,812			$	4,092,585			$	2,692,649

Loans_and_Mortgages_Payable_Ta

Loans and Mortgages Payable (Tables)	12 Months Ended
Loans and Mortgages Payable (Tables)	Dec. 31, 2013
Loans and Mortgages Payable [Abstract]	'
Summary of mortgages payable	'
		At December 31, 2013					Balance at December 31,
	Property	Due Date		Interest Rate			2013		2012

	Allentown and Clinton Mobile Home Resort	2/1/17		LIBOR + 3.25%			$	10,799,401	$	11,112,757
	Cedarcrest	4/1/21			5.125	%		9,124,838		9,275,010
	Cranberry Village	12/1/18			6.8	%		-0-		2,894,029
	D & R Village and Waterfalls Village	2/27/15		LIBOR + 2.25%				7,089,610		7,376,497
	Fairview Manor	2/1/17			5.785	%		10,345,239		10,539,333
	Forest Park Village	12/1/18			6.8	%		-0-		2,894,029
	Heather Highlands	8/28/18		Prime + 1.0%				1,288,149		1,573,968
	Highland Estates	9/1/17			6.175	%		9,578,574		9,738,702
	Oxford Village	1/1/20			5.94	%		7,527,426		7,694,260
	Somerset Estates and Whispering Pines	2/26/19			4.89	%		891,382		1,044,107
	Southwind Village	1/1/20			5.94	%		6,012,690		6,145,953
	Suburban Estates and Sunny Acres	6/1/18			4	%		6,711,306		6,968,277
	Twin Oaks	12/1/19			5.75	%		2,702,771		2,764,752
	Various (5 properties)	1/1/22			4.25	%		14,964,116		15,236,831
	Various (5 properties)	12/6/22			4.75	%		7,675,595		-0-
	Various (11 properties)	8/1/17		LIBOR + 3.0%				12,909,520		13,612,847
	Various (13 properties)	3/1/23			4.065	%		53,019,327		-0-
	Total Mortgages	Payable					$	160,639,944	$	108,871,352
Aggregate principal payments of all mortgages payable	'

	Year Ended December 31,
	2014		$	4,434,099
	2015			11,089,066
	2016			4,429,688
	2017			42,382,196
	2018			7,530,449
	Thereafter			90,774,446

	Total		$	160,639,944

Stock_Compensation_Plan_Tables

Stock Compensation Plan (Tables)	12 Months Ended
Stock Compensation Plan (Tables)	Dec. 31, 2013
Stock Compensation Plan [Abstract]	'
Assumptions for weighted average fair value of stock options	'
		2013			2012			2011

	Dividend yield		6.67	%		7.08	%		7	%
	Expected volatility		32.37	%		26.19	%		24.81	%
	Risk-free interest rate		1.96	%		1.11	%		2.46	%
	Expected lives		8			8			8
	Estimated forfeitures		-0-			-0-			-0-
Schedule of change in stock options plans	'
		2013						2012							2011
					Weighted-							Weighted-						Weighted-
					Average							Average						Average
					Exercise							Exercise						Exercise
		Shares			Price			Shares				Price			Shares			Price

	Outstanding at		785,000		$	11.71			750,000			$	12.03			731,000		$	12.33
	beginning of year		785,000		$	11.71			750,000			$	12.03			731,000		$	12.33
	Granted		392,000			10.08			94,000				11.29			80,000			11.16
	Exercised		-0-			-0-			(4,000	)			7.56			(10,000	)		7.56
	Expired		(84,000	)		15.51			(55,000	)			15.58			(51,000	)		15.94
	Outstanding at end of		1,093,000			10.86			785,000				11.71			750,000			12.03
	year		1,093,000			10.86			785,000				11.71			750,000			12.03
	Options exercisable at		701,000						691,000							670,000
	end of year		701,000						691,000							670,000
	Weighted-average fair				$	1.42						$	0.92					$	1.01
	value of options
	granted during the year
Summary of stock options outstanding	'
	Date of Grant	Number of Employees			Number of Shares			Option Price			Expiration Date

	1/9/06		1			44,200			15.62		1/9/14
	1/9/06		1			5,800			17.21		1/9/14
	7/21/06		9			34,000			15.15		7/21/14
	1/3/07		1			44,200			15.51		1/3/15
	1/3/07		1			5,800			17.06		1/3/15
	7/16/07		12			51,000			14.21		7/16/15
	9/20/07		2			7,000			13.19		9/20/15
	1/8/08		1			42,300			11.79		1/8/16
	1/8/08		1			7,700			12.97		1/8/16
	9/25/08		12			43,000			7.55		9/25/16
	1/7/09		1			14,000			7.12		1/7/17
	1/7/09		1			61,000			6.47		1/7/17
	3/3/09		1			3,000			5.42		3/3/17
	6/22/09		13			53,000			7.57		6/22/17
	1/8/10		1			10,900			9.13		1/8/18
	1/8/10		1			14,100			8.3		1/8/18
	7/27/10		12			80,000			11.4		7/27/18
	8/11/10		1			6,000			11.23		8/11/18
	7/5/11		12			80,000			11.16		7/5/19
	8/29/12		15			94,000			11.29		8/29/20
	2/28/13		1			10,000	*		10.02		2/28/21
	6/26/13		24			382,000	*		10.08		6/26/21

						1,093,000
	* Unexercisable
Schedule of nonvested restricted stock awards	'
		2013						2012							2011
					Weighted-							Weighted-						Weighted-
					Average							Average						Average
					Grant Date							Grant Date						Grant Date
		Shares			Fair Value			Shares				Fair Value			Shares			Fair Value

	Nonvested at beginning of year		187,470		$	10.9			130,974			$	11.14			62,299		$	11.44
	Granted		-0-			-0-			75,000				10.72			74,000			11.16
	Dividend Reinvested Shares		12,992			9.33			11,470				9.9			7,611			8.98
	Vested		(48,170	)		(10.90	)		(29,974	)			(11.10	)		(12,936	)		(11.36	)
	Forfeited		(-0-	)		(-0-	)		(-0-	)			(-0-	)		(-0-	)		(-0-	)
	Nonvested at end of year		152,292		$	10.77			187,470			$	10.9			130,974		$	11.14

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	12 Months Ended
Shareholders' Equity (Tables)	Dec. 31, 2013
Shareholders' Equity [Abstract]	'
Shares issued in connection with DRIP	'
		2013		2012		2011
	Amounts Received/Dividends
	Reinvested	$	35,192,639	$	18,058,038	$	13,938,991
	Number of Shares Issued		3,658,010		1,780,043		1,467,214

Distributions_Tables

Distributions (Tables)	12 Months Ended
Distributions (Tables)	Dec. 31, 2013
Distributions [Abstract]	'
Summary of payment of distributions to shareholders	'
			2013								2012				2011
	Quarter Ended		Amount				Per Share				Amount		Per Share		Amount		Per Share

	31-Mar		$	3,155,607			$	0.18			$	2,809,868	$	0.18	$	2,523,564	$	0.18
	30-Jun			3,294,938				0.18				2,902,806		0.18		2,595,832		0.18
	30-Sep			3,456,304				0.18				2,954,616		0.18		2,652,386		0.18
	31-Dec			3,656,622				0.18				3,062,506		0.18		2,723,255		0.18

			$	13,563,471			$	0.72			$	11,729,796	$	0.72	$	10,495,037	$	0.72
Summary of payment of dividends to preferred shareholders	'
	Declaration Date	Record Date	Payment Date		Dividend				Dividend per Share

	1/16/13	2/15/13	3/15/13		$	1,889,147			$	0.515625
	4/8/13	5/15/13	6/17/13			1,889,147				0.515625
	7/1/13	8/15/13	9/16/13			1,889,147				0.515625
	10/1/13	11/15/13	12/16/13			1,889,147				0.515625

					$	7,556,588			$	2.0625


	Declaration Date	Record Date	Payment Date		Dividend				Dividend per Share

	1/18/12	2/15/12	3/15/12		$	690,319			$	0.515625
	4/17/12	5/15/12	6/15/12			930,716				0.515625
	7/9/12	8/15/12	9/17/12			1,244,616				0.515625
	10/1/12	11/15/12	12/17/12			1,459,458				0.515625

					$	4,325,109			$	2.0625

	Declaration Date	Record Date	Payment Date		Dividend				Dividend per Share

	7/5/11	8/15/11	9/15/11		$	736,341			$	0.55
	10/4/11	11/15/11	12/15/11			690,318				0.515625

					$	1,426,659			$	1.065625

Federal_Income_Taxes_Tables

Federal Income Taxes (Tables)	12 Months Ended
Federal Income Taxes (Tables)	Dec. 31, 2013
Federal Income Taxes [Abstract]	'
Reconciliation of U.S. GAAP net income to taxable income	'
		2013			2012			2011
		Estimate			Actual			Actual
		(unaudited)

	U.S. GAAP net income	$	5,836,823		$	6,474,057		$	3,696,263
	Add: U.S. GAAP net loss of taxable REIT subsidiary included above		2,746,526			3,081,837			3,135,742
	U.S. GAAP net income from REIT operations		8,583,349			9,555,894			6,832,005
	Stock compensation expense		850,349			573,244			295,042
	Acquisition costs and other book / tax		1,641,635			(344,027	)		(1,418,553	)
	differences, net		1,641,635			(344,027	)		(1,418,553	)
	Taxable income before adjustments		11,075,333			9,785,111			5,708,494
	Less: Capital gains		(3,460,000	)		(4,146,773	)		(1,750,781	)
	Adjusted taxable income subject to 90% dividend requirement	$	7,615,333		$	5,638,338		$	3,957,713
Reconciliation between cash dividends paid and dividends paid deduction	'
		2013			2012			2011
		Estimate			Actual			Actual
		(unaudited)

	Cash dividends paid	$	21,120,059		$	16,798,495		$	11,921,695
	Less: Portion designated as capital gains distributions		(3,460,000	)		(4,146,773	)		(1,750,781	)
	Less: Return of capital		(10,044,726	)		(7,013,384	)		(6,213,201	)
		$	7,615,333		$	5,638,338		$	3,957,713
	Dividends paid deduction	$	7,615,333		$	5,638,338		$	3,957,713
Characterization of distributions paid per share	'
		2013						2012						2011
		Amount			Percent			Amount			Percent			Amount		Percent

	Ordinary income	$	0.12844			17.84	%	$	0.07892			10.96	%	$	0.2909		40.4	%
	Capital gains		0.05835			8.1	%		0.08391			11.65	%		0.08205		11.4	%
	Return of capital		0.53321			74.06	%		0.55717			77.39	%		0.34705		48.2	%
		$	0.72			100	%	$	0.72			100	%	$	0.72		100	%

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Dec. 31, 2013
Fair Value Measurements [Abstract]	'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'
			Fair Value Measurements at Reporting Date Using

			Total			Quoted Prices		Significant			Significant
						in Active		Other			Unobservable
						Markets for		Observable			Inputs
						Identical		Inputs			(Level 3)
						Assets		(Level 2)
						(Level 1)

	December 31, 2013:
	Equity Securities - Preferred Stock		$	24,536,942		$	24,536,942	$	-0-		$	-0-
	Equity Securities - Common Stock			34,718,000			34,718,000		-0-			-0-
	Interest Rate Swap (1)			(39,840	)		-0-		(39,840	)		-0-
	Total		$	59,215,102		$	59,254,942	$	(39,840	)	$	-0-

	December 31, 2012:
	Equity Securities - Preferred Stock		$	18,300,970		$	18,300,970	$	-0-		$	-0-
	Equity Securities - Common Stock			39,024,470			39,024,470		-0-			-0-
	Interest Rate Swap (1)			(377,795	)		-0-		(377,795	)		-0-
	Total		$	56,947,645		$	57,325,440	$	(377,795	)	$	-0-

	(1)	Included in accrued liabilities and deposits

Pro_Forma_Financial_Informatio1

Pro Forma Financial Information (Tables)	12 Months Ended
Pro Forma Financial Information (Tables)	Dec. 31, 2013
Pro Forma Financial Information (Unaudited) [Abstract]	'
Pro Forma financial information	'
		For the years ended December 31,
		2013		2012

	Rental and Related Income	$	56,640,000	$	54,528,000
	Community Operating Expenses		30,759,000		12,198,000
	Net Income Attributable to Common Shareholders		5,755,000		1,991,000
	Net Income Attributable to Common Shareholders per Share:
	Basic		0.31		0.12
	Diluted		0.31		0.12

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
Selected Quarterly Financial Data (Unaudited) (Tables)	Dec. 31, 2013
Selected Quarterly Financial Data (Unaudited) [Abstract]	'
Summary of selected quarterly financial data	'
	2013		31-Mar		30-Jun			30-Sep			31-Dec

	Total Income		$	13,426,295	$	16,097,925		$	16,253,966		$	16,426,921
	Total Expenses			12,240,957		14,196,653			14,935,457			16,636,587
	Other Income (Expense) (1)			2,977,034		(229,785	)		(600,121	)		(524,561	)
	Net Income			4,149,511		1,619,439			800,877			(733,004	)
	Net Income (Loss) Attributable
	to Common Shareholders			2,260,364		(269,708	)		(1,088,270	)		(2,622,151	)
	Net Income (Loss) Attributable to Common Shareholders per Share –
	Basic			0.13		(0.02	)		(0.06	)		(0.14	)
	Diluted			0.13		(0.02	)		(0.06	)		(0.14	)

	2012		31-Mar		30-Jun			30-Sep			31-Dec

	Total Income		$	10,890,946	$	11,144,029		$	12,186,668		$	12,606,121
	Total Expenses			10,143,701		10,692,049			11,617,310			11,761,448
	Other Income (Expense) (1)			989,320		1,591,029			846,764			475,169
	Net Income			1,749,697		2,019,036			1,405,754			1,299,570
	Net Income (Loss) Attributable
	to Common Shareholders			1,059,378		1,088,321			161,138			(559,498	)
	Net Income (Loss) Attributable to Common Shareholders per Share –
	Basic			0.07		0.07			-0-			(0.03	)
	Diluted			0.07		0.07			-0-			(0.03	)

	-1	Fluctuations are primarily due to the $499,471 bonus payment received in the second quarter of 2012 for rights to drill for oil and gas in one of our communities and to Gain on Sale of Securities Transactions, net.
	-2	Includes loss relating to unusual flood at Memphis Mobile City.

Organization_Details

Organization (Details)	12 Months Ended
	Dec. 31, 2013
	Home_Site
Organization Textual [Abstract]	'
Number of manufactured home communities company own and operates	74
Number of developed home sites company own and operates	13,500

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
Swap Agreements One [Member]	'
Summary of interest rate swap agreement	'
Mortgage	'Allentown/Clinton
Due Date	1-Feb-17
Mortgage Interest Rate	'LIBOR + 3.25
Effective Fixed Rate	4.39%
Balance 12/31/12	$10,799,401
Swap Agreements Two [Member]	'
Summary of interest rate swap agreement	'
Mortgage	'Various 11 properties
Due Date	1-Aug-17
Mortgage Interest Rate	'LIBOR + 3.00
Effective Fixed Rate	3.89%
Balance 12/31/12	$12,909,520

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	Home_Site
	Rental_Unit
Summary of Significant Accounting Policies (Textual)	'	'	'
Number of manufactured home communities company own and operates	74	'	'
Number of developed home sites company own and operates	13,500	'	'
Ownership percentage in subsidiaries	100.00%	'	'
Bank repurchase agreements original maturities	'90 days or less	'	'
Description of other than temporary impairment security	'If the fair value of the security is below cost by less than 20% for less than 6 months and the Company has the intent and ability to hold the security, the security is deemed to not be other than temporarily impaired.	'	'
Note receivables	$23,630,159	$21,941,912	'
Reserves for uncollectible accounts, notes and other receivables	1,097,387	937,995	'
Provisions for uncollectible notes and other receivables	760,570	745,993	461,668
Charge-offs and other adjustments related to repossessed homes	601,178	620,519	522,841
Average interest rate on loan	9.50%	'	'
Average maturity of loan	'10 years	'	'
Accumulated amortization of deferred finance cost	1,023,893	818,120	'
Estimated amortization expense of finance cost for 2014	393,000	'	'
Estimated amortization expense of finance cost for 2015	378,000	'	'
Estimated amortization expense of finance cost for 2016	339,000	'	'
Estimated amortization expense of finance cost for 2017	233,000	'	'
Estimated amortization expense of finance cost for 2018	194,000	'	'
Number of rental units owned	1,720	'	'
Rental and related income recognition	'Rental and related income is recognized on the accrual basis over the term of the lease, which is typically one year or less.	'	'
Weighted-average number of common shares outstanding, basic	18,724,321	16,197,339	14,506,679
Weighted-average number of common shares outstanding, diluted	18,789,662	16,260,225	14,562,018
Compensation costs	850,349	573,244	295,042
Description for applicable income tax provisions	'The Company has elected to be taxed as a REIT under the applicable provisions of Sections 856 to 860 of the Internal Revenue Code. Under such provisions, the Company will not be taxed on that portion of its income which is distributed to shareholders, provided it distributes at least 90% of its taxable income, has at least 75% of its assets in real estate investments and meets certain other requirements for qualification as a REIT.	'	'
Uncertain tax positions	'	0	'
Unrecognized tax benefits	'	0	'
Swap [Member]	'	'	'
Summary of Significant Accounting Policies (Textual)	'	'	'
Interest rate swap, description of variable rate basis	'30-day LIBOR	'	'
Number of interest rate swap agreements	2	'	'
Fair value of interest rate swaps	($39,840)	($377,795)	'
Option [Member]	'	'	'
Summary of Significant Accounting Policies (Textual)	'	'	'
Antidilutive securities	502,000	586,000	547,000
Weighted-average number of common shares outstanding, diluted	65,341	62,886	55,339
Sites and Building [Member]	'	'	'
Summary of Significant Accounting Policies (Textual)	'	'	'
Investment Property and Equipment, estimated useful lives	'15 to 27.5 years	'	'
Improvements to Sites and Buildings, Rental Homes and Equipment and Vehicles [Member]	'	'	'
Summary of Significant Accounting Policies (Textual)	'	'	'
Investment Property and Equipment, estimated useful lives	'3 to 27.5 years	'	'

Investment_Property_and_Equipm2

Investment Property and Equipment (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Summary of accumulated depreciation by major classes of assets	'	'
Total Accumulated Depreciation	$84,655,017	$73,270,257
Site and Land Improvements [Member]	'	'
Summary of accumulated depreciation by major classes of assets	'	'
Total Accumulated Depreciation	64,292,239	56,262,656
Buildings and Improvements [Member]	'	'
Summary of accumulated depreciation by major classes of assets	'	'
Total Accumulated Depreciation	3,036,082	2,685,623
Rental Homes and Accessories [Member]	'	'
Summary of accumulated depreciation by major classes of assets	'	'
Total Accumulated Depreciation	9,107,422	6,710,323
Equipment and Vehicles [Member]	'	'
Summary of accumulated depreciation by major classes of assets	'	'
Total Accumulated Depreciation	$8,219,274	$7,611,655

Investment_Property_and_Equipm3

Investment Property and Equipment (Details Textual) (USD $)

0 Months Ended

Nov. 06, 2013

23-May-12

Dec. 31, 2013

Mar. 01, 2013

Dec. 31, 2012

Aug. 01, 2012

Nov. 06, 2013

Mar. 01, 2013

Apr. 02, 2013

Oct. 02, 2013

Jan. 12, 2012

Jul. 26, 2012

Sep. 12, 2012

Dec. 03, 2012

Dec. 19, 2012

Home_Community

Home_Site

Pennsylvania and New York [Member]

Pennsylvania [Member]

New York [Member]

Manufactured Home Community [Member]

Holiday Mobile Village [Member]

Rolling Hills Estates [Member]

Countryside Estates [Member]

Meadowood Estates manufactured home community [Member]

Other manufactured home community [Member]

Twin Oaks [Member]

Olmsted Falls [Member]

acre

Home_Community

acre

Indiana [Member]

Pennsylvania [Member]

Michigan [Member]

acre

Home_Community

Home_Site

Home_Community

Home_Site

Home_Community

Home_Site

Home_Community

Home_Site

Home_Community

Home_Site

Home_Community

Home_Site

Home_Community

Investment Property and Equipment (Textual)

Number of manufactured home communities acquired

Number of developed home sites company own and operates

13,500

968

519

1,854

274

123

280

141

125

Area of acquired real estate property (in acres)

200

400

Purchase price of acquired entity

$28,250,000

$11,800,000

$67,500,000

$7,250,000

$1,720,000

$2,100,000

$3,400,000

$5,900,000

$4,350,000

$3,600,000

Percentage of average occupancy

92.00%

82.00%

85.00%

82.00%

91.00%

79.00%

88.00%

89.00%

96.00%

Mortgage loan

7,700,000

160,639,944

53,760,000

108,871,352

13,980,000

7,700,000

53,760,000

2,774,660

Borrowed on margin Line

6,200,000

Fixed rate on Mortgage

4.75%

4.06%

5.75%

Maturity date of mortgage

6-Dec-22

1-Mar-23

1-Dec-19

Estimated number of real estate site licenses

'Over 200 sites.

Completion size of acquired real estate

'Approximately 205 sites.

Lease term

'5 years

Option to extend lease term

'5 years

Proceeds from lease signing with Oil and Gas community

$499,471

Royalty received from oil and gas, percentage

20.00%

Securities_Available_for_Sale_1

Securities Available for Sale (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012
Summary of listing of securities available for sale	'		'
Cost	$58,138,204		$50,711,485
Market Value	59,254,942		57,325,440
Preferred Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Cost	25,057,972		16,227,932
Market Value	24,536,942		18,300,970
Alexandria Real Estate Stock Series E [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.45%		'
Number of Shares	2,000		'
Cost	45,425		'
Market Value	42,400		'
American Land Lease Inc Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.75%		7.75%
Number of Shares	31,200		46,200
Cost	275,297		397,547
Market Value	756,600		1,113,420
Ashford Hospitality Trust Preferred Stock Series E [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		9.00%
Number of Shares	'		21,600
Cost	'		540,021
Market Value	'		578,880
Ashford Hospitality Trust Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	8.55%		8.55%
Number of Shares	10,000		10,000
Cost	251,205		251,205
Market Value	252,490		252,500
Campus Crest Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	8.00%		8.00%
Number of Shares	30,000		10,000
Cost	751,222		250,000
Market Value	741,000		259,200
CapLease Inc. Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		8.13%
Number of Shares	'		14,000
Cost	'		293,473
Market Value	'		350,700
CapLease Inc. Preferred Stock Series B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		8.38%
Number of Shares	'		48,000
Cost	'		1,200,752
Market Value	'		1,257,120
CBL & Associates Properties Preferred Stock Series D [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.38%		7.38%
Number of Shares	2,000		3,000
Cost	50,269		68,126
Market Value	47,500		75,150
Cedar Realty Trust Inc. Preferred Stock A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		8.88%
Number of Shares	'		2,268
Cost	'		56,976
Market Value	'		57,403
Cedar Realty Trust Inc. Preferred Stock B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.25%		7.25%
Number of Shares	47,355		20,370
Cost	1,127,208		483,594
Market Value	1,089,157		498,054
Chesapeake Lodging Preferred Stock A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.75%		7.75%
Number of Shares	20,000		20,000
Cost	500,000		500,000
Market Value	491,800		529,000
Commonwealth REIT Preferred Stock Series D [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.50%		6.50%
Number of Shares	74,000		35,000
Cost	1,660,828		431,643
Market Value	1,517,740		807,800
Corporate Office Properties Trust Preferred Stock L [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.38%		7.38%
Number of Shares	26,000		20,000
Cost	650,330		502,800
Market Value	612,040		502,800
Cousins Properties Preferred Stock Series B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		7.50%
Number of Shares	'		3,500
Cost	'		82,146
Market Value	'		87,570
Cubesmart Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.75%		'
Number of Shares	2,000		'
Cost	52,153		'
Market Value	50,300		'
Digital Realty Trust Inc. Preferred Stock Series E [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.00%		7.00%
Number of Shares	4,000		4,000
Cost	100,000		100,000
Market Value	86,840		106,680
Digital Realty Trust Inc Preferred Stock Series F [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.63%		'
Number of Shares	2,000		'
Cost	44,870		'
Market Value	41,160		'
Dupont Fabros Technology, Inc. Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.88%		7.88%
Number of Shares	26,412		26,412
Cost	657,703		657,703
Market Value	632,303		703,877
Dupont Fabros Technology Inc. Preferred Stock Series B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.63%		7.63%
Number of Shares	20,000		20,000
Cost	500,000		500,000
Market Value	455,400		531,380
EPR Properties Preferred Stock Series F [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.63%		6.63%
Number of Shares	20,000		10,000
Cost	472,680		250,000
Market Value	423,800		246,000
General Growth Properties Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.38%		'
Number of Shares	10,000		'
Cost	250,000		'
Market Value	201,500		'
Glimcher Realty Preferred Stock Series I [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.88%		'
Number of Shares	39,738		'
Cost	964,267		'
Market Value	858,341		'
Istar Financial Inc. Preferred Stock Series D [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	8.00%		8.00%
Number of Shares	26,600		1,500
Cost	636,609		30,756
Market Value	635,447		33,495
Istar Financial Inc. Preferred Stock Series E [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.88%		7.88%
Number of Shares	38,342		11,000
Cost	851,903		203,221
Market Value	896,819		243,430
Istar Financial Inc. Preferred Stock Series I [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.50%		7.50%
Number of Shares	59,600		10,500
Cost	1,325,647		190,597
Market Value	1,363,648		228,375
Kilroy Realty Corp Preferred Stock Series G [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.88%		6.88%
Number of Shares	34,948		20,000
Cost	844,770		500,000
Market Value	766,410		518,200
Kilroy Realty Corp Preferred Stock Series H [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.38%		'
Number of Shares	10,000		'
Cost	235,486		'
Market Value	205,700		'
Kimco Realty Preferred Stock Series I [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.00%		'
Number of Shares	2,000		'
Cost	43,026		'
Market Value	41,740		'
Kite Realty Group Trust Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	8.25%		8.25%
Number of Shares	50,000		62,000
Cost	1,227,138		1,527,328
Market Value	1,262,500		1,590,300
LaSalle Hotel Properties Preferred Stock Series H [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.50%		7.50%
Number of Shares	40,000		32,000
Cost	982,589		784,172
Market Value	986,000		824,000
Pebblebrook Hotel Preferred Stock Series C [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.50%		'
Number of Shares	19,000		'
Cost	400,742		'
Market Value	387,062		'
Pennsylvania Real Estate Trust Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	8.25%		8.25%
Number of Shares	94,000		94,000
Cost	2,350,885		2,350,885
Market Value	2,364,852		2,470,320
Lexington Realty Trust Preferred Stock Series C [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.50%		6.50%
Number of Shares	6,000		6,000
Cost	247,860		247,860
Market Value	264,900		284,701
Lexington Realty Trust Preferred Stock Series D [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		7.75%
Number of Shares	'		1,500
Cost	'		36,329
Market Value	'		37,650
MPG Office Trust, Inc. Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		7.63%
Number of Shares	'		12,000
Cost	'		13,560
Market Value	'		253,200
Parkway Properties, Inc. Preferred Stock Series D [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	'		8.00%
Number of Shares	'		13,400
Cost	'		331,241
Market Value	'		335,243
Pennsylvania Real Estate Trust Preferred Stock Series B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.38%		7.38%
Number of Shares	40,000		40,000
Cost	1,000,000		1,000,000
Market Value	949,200		1,010,940
Retail Properties of America Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.00%		7.00%
Number of Shares	20,000		10,000
Cost	481,949		250,000
Market Value	421,600		246,500
SL Green Realty Corpl Preferred Stock Series I [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.50%		'
Number of Shares	20,000		'
Cost	460,169		'
Market Value	426,200		'
Stag Industrial, Inc. Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	9.00%		9.00%
Number of Shares	9,000		9,000
Cost	224,885		224,885
Market Value	239,040		242,595
Stag Industrial Inc Preferred Stock Series B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.63%		'
Number of Shares	20,100		'
Cost	470,007		'
Market Value	418,683		'
Summit Hotel Properties, Inc. Preferred Stock Series B [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.88%		7.88%
Number of Shares	20,000		20,000
Cost	500,000		500,000
Market Value	477,002		506,200
Sun Communities Inc. Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.13%		7.13%
Number of Shares	45,000		20,000
Cost	1,117,377		500,000
Market Value	1,059,750		501,998
Terreno Realty Corporation Preferred Stock Series A [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.75%		7.75%
Number of Shares	20,300		20,000
Cost	507,791		500,000
Market Value	497,350		518,600
Urstadt Biddle Preferred Stock Series F [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.13%		7.13%
Number of Shares	30,421		15,000
Cost	756,305		375,000
Market Value	700,596		389,370
Vornado Realty Trust Preferred Stock Series D [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	7.88%		7.88%
Number of Shares	4,000		4,000
Cost	96,114		96,112
Market Value	103,960		108,319
Cbl And Associates Properties Preferred Stock Series E [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.63%		'
Number of Shares	65,000		'
Cost	1,543,385		'
Market Value	1,381,900		'
Equity Lifestyle Properties Preferred Stock Series C [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.75%		'
Number of Shares	2,000		'
Cost	46,885		'
Market Value	46,200		'
Lasalle Hotel Properties Preferred Stocks Series I [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.38%		'
Number of Shares	6,000		'
Cost	124,984		'
Market Value	121,080		'
Taubman Centers Preferred Stock Series K [Member]	'		'
Summary of listing of securities available for sale	'		'
Interest Rate	6.25%		'
Number of Shares	11,000		'
Cost	228,009		'
Market Value	218,932		'
Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Cost	33,080,232		34,483,553
Market Value	34,718,000		39,024,470
Getty Realty Corp. Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	100,000		135,700
Cost	1,886,332		2,833,601
Market Value	1,837,000		2,450,742
Gladstone Commercial Corporation Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	60,000		80,500
Cost	1,031,950		1,404,133
Market Value	1,078,200		1,444,975
Government Properties Income Trust Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	110,000		30,000
Cost	2,664,307		681,529
Market Value	2,733,500		719,100
Commonwealth REIT Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	'		300,000
Cost	'		5,523,942
Market Value	'		4,752,000
Mack Cali Realty Group Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	75,000		40,000
Cost	1,824,903		1,103,392
Market Value	1,611,000		1,044,400
Medical Properties Trust Inc Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	'		67,000
Cost	'		630,427
Market Value	'		801,320
Monmouth Real Estate Investment Corporation Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	1,875,147	[1]	1,767,147	[1]
Cost	15,491,475	[1]	14,521,198	[1]
Market Value	17,045,082	[1]	18,307,641	[1]
Nobility Homes, Inc. Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	20,000		20,000
Cost	158,200		158,200
Market Value	180,200		98,000
Omega Healthcare REIT Investors Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	'		45,000
Cost	'		746,936
Market Value	'		1,073,250
One Liberty Properties, Inc. Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	'		30,000
Cost	'		446,025
Market Value	'		608,700
Parkway Properties Inc. Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	10,000		10,000
Cost	134,799		134,799
Market Value	192,900		139,900
Pennsylvania Real Estate Investment Trust Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	'		140,000
Cost	'		1,460,129
Market Value	'		2,469,600
Select Income Real Estate Investment Trust Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	340,973		132,387
Cost	8,976,023		3,204,612
Market Value	9,117,618		3,279,226
Senior Housing Properties Trust Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	'		60,000
Cost	'		1,291,280
Market Value	'		1,418,400
Urstadt Biddle Properties Incorporated Common Stock [Member]	'		'
Summary of listing of securities available for sale	'		'
Number of Shares	50,000		21,200
Cost	912,243		343,350
Market Value	$922,500		$417,216

[1]	(1) Related entity See Note 8.

Securities_Available_for_Sale_2

Securities Available for Sale (Details 1) (USD $)	12 Months Ended
Securities Available for Sale (Details 1) (USD $)	Dec. 31, 2013
Summary of temporarily impaired securities	'
Less Than 12 Months, Fair Value	$19,494,133
Less Than 12 Months, Unrealized Loss	-1,441,551
12 Months or Longer, Fair Value	0
12 Months or Longer, Unrealized Loss	0
Preferred Stock [Member]	'
Summary of temporarily impaired securities	'
Less Than 12 Months, Fair Value	16,046,133
Less Than 12 Months, Unrealized Loss	-1,178,316
12 Months or Longer, Fair Value	0
12 Months or Longer, Unrealized Loss	0
Common Stock [Member]	'
Summary of temporarily impaired securities	'
Less Than 12 Months, Fair Value	3,448,000
Less Than 12 Months, Unrealized Loss	-263,235
12 Months or Longer, Fair Value	0
12 Months or Longer, Unrealized Loss	$0

Securities_Available_for_Sale_3

Securities Available for Sale (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2013
	Security
Summary of the range of the losses	'
Number of Individual Securities	34
Fair Value	$19,494,133
Unrealized Loss	-1,441,551
Security group one [Member]	'
Summary of the range of the losses	'
Number of Individual Securities	27
Fair Value	15,690,469
Unrealized Loss	-918,603
Range of Loss	'Less than or equal to 10
Security group two [Member]	'
Summary of the range of the losses	'
Number of Individual Securities	7
Fair Value	3,803,664
Unrealized Loss	($522,948)
Range of Loss	'Less than or equal to 20

Securities_Available_for_Sale_4

Securities Available for Sale (Details 3) (USD $)	12 Months Ended
Securities Available for Sale (Details 3) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Summary of gain (Loss) on securities transactions	'	'	'
Gross realized gains	$4,284,934	$4,092,585	$2,692,649
Gross realized losses	-229,122	0	0
Impairment loss	0	0	0
Total Gains realized on Sale of Securities Transactions, net	$4,055,812	$4,092,585	$2,692,649

Securities_Available_for_Sale_5

Securities Available for Sale (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	Security	Dec. 31, 2012	Dec. 31, 2011
Securities Available For Sale [Abstract]	'	'	'
Maximum percentage of available for sale securities not held by company	10.00%	'	'
Number of securities that had unrealized losses	34	'	'
Total net unrealized gains in REIT securities portfolio	$1,116,738	$6,613,956	$2,461,305
Proceeds from sales or redemptions of securities available for sale	18,981,468	16,159,894	5,263,695
Margin loan, outstanding	$18,574,228	$0	'

Loans_and_Mortgages_Payable_De

Loans and Mortgages Payable (Details) (USD $)

0 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Nov. 06, 2013

Dec. 31, 2013

Mar. 01, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Feb. 27, 2013

Feb. 28, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Allentown and Clinton Mobile Home Resort [Member]

Cedarcrest [Member]

Cranberry Village [Member]

D and R Village and Waterfalls Village [Member]

Fairview Manor [Member]

Forest Park Village [Member]

Heather Highlands [Member]

Highland Estates [Member]

Oxford Village [Member]

Port Royal Village [Member]

Sandy Valley Estates [Member]

Somerset Estates/Whispering Pines [Member]

Southwind Village [Member]

Suburban Estates and Sunny Acres [Member]

Twin Oaks [Member]

Various (5 properties) [Member]

Various (11 properties) [Member]

Various (5 properties) [Member]

Various (13 properties) [Member]

Summary of mortgages payable

Due Date of mortgage

6-Dec-22

1-Feb-17

1-Apr-21

1-Dec-18

27-Feb-15

1-Feb-17

1-Dec-18

28-Aug-18

1-Sep-17

1-Jan-20

26-Feb-19

1-Jan-20

1-Jun-18

1-Dec-19

1-Jan-22

1-Aug-17

6-Dec-22

1-Mar-23

Interest rate on mortgage

5.13%

6.80%

5.79%

6.80%

6.18%

5.94%

4.89%

5.94%

4.00%

5.75%

4.25%

4.75%

4.07%

Total mortgage loan

$7,700,000

$160,639,944

$53,760,000

$108,871,352

$10,799,401

$11,112,757

$9,124,838

$9,275,010

$2,894,029

$7,400,000

$7,089,610

$7,376,497

$10,345,239

$10,539,333

$2,894,029

$1,288,149

$1,573,968

$9,578,574

$9,738,702

$7,527,426

$7,694,260

$891,382

$1,044,107

$6,012,690

$6,145,953

$6,711,306

$6,968,277

$2,702,771

$2,764,752

$14,964,116

$15,236,831

$12,909,520

$13,612,847

$7,675,595

$53,019,327

Variable rate on mortgage

'LIBOR + 3.25

'LIBOR plus 225 basis points.

'LIBOR + 2.25

'Prime + 1.0

'LIBOR + 3.0

Loans_and_Mortgages_Payable_De1

Loans and Mortgages Payable (Details 1) (USD $)	Dec. 31, 2013
Aggregate principal payments of all mortgages payable	'
2014	$4,434,099
2015	11,089,066
2016	4,429,688
2017	42,382,196
2018	7,530,449
Thereafter	90,774,446
Total	$160,639,944

Loans_and_Mortgages_Payable_De2

Loans and Mortgages Payable (Details Textual) (USD $)

0 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

0 Months Ended

Nov. 06, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Mar. 01, 2013

Dec. 31, 2013

Dec. 31, 2012

Aug. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Aug. 01, 2012

Oct. 11, 2012

Dec. 31, 2012

Mar. 29, 2013

Dec. 31, 2013

Dec. 31, 2012

Mar. 01, 2013

Jun. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Feb. 28, 2012

Feb. 02, 2012

Dec. 31, 2012

Feb. 28, 2012

Dec. 31, 2012

Jul. 02, 2012

Jun. 01, 2011

Feb. 27, 2013

Feb. 28, 2013

Dec. 31, 2013

Dec. 31, 2012

Apr. 03, 2013

Home_Community

GE Commercial Distribution Finance Corporation [Member]

Sun National Bank [Member]

Bank of America [Member]

Twin Oaks [Member]

Bank of Montreal [Member]

Jp Morgan Chase Bank [Member]

Sunny Acres And Suburban Estates [Member]

Allentown and Clinton Mobile Home Resort [Member]

Port Royal Village [Member]

Sandy Valley Estates [Member]

Weatherly Estates [Member]

D and R Village and Waterfalls Village [Member]

Cranberry Village and Forest Park [Member]

Home_Community

Bank of America [Member]

Loans and Mortgages Payable (Textual)

Maximum revolving credit agreement

$13,500,000

$10,000,000

$50,000,000

Line of credit facility interest rate, Description

'Interest on this borrowing is at LIBOR plus 225 basis points which was 2.42%.

'Interest rates on these agreements range from prime with a minimum of 6% to prime plus 2% with a minimum of 8% after 18 months.

'Interest rate was modified from prime to LIBOR plus 350 basis points.

'Borrowings will bear interest at the Company's option of LIBOR plus 2.00% to 2.75% or BMO's prime lending rate plus 1.00% to 1.75%, based on the Company's overall leverage.

'LIBOR plus 375 basis points.

'LIBOR plus 225 basis points which was 2.41%.

Lines of credit, outstanding amount

5,624,569

5,521,406

4,920,199

Line of credit facility, Expiration date

30-Jun-14

31-Aug-13

29-Mar-16

Line of credit facility expiration date before modification

1-Apr-11

Prior percentage of eligible notes receivables secured by manufactured home loans

50.00%

Increased percentage of eligible notes receivables secured by manufactured home loans

60.00%

Interest rate of line of credit

2.42%

3.67%

3.73%

2.41%

Mortgage obtained by the company

13,980,000

11,400,000

Basis point on mortgage in addition to LIBOR

2.25%

Variable rate on mortgage

'LIBOR plus 3.00

'Interest rate was modified from LIBOR plus 400 basis points to LIBOR plus 375 basis points.

'LIBOR + 3.25

'LIBOR plus 3.25

'LIBOR plus 225 basis points.

'LIBOR + 2.25

Mortgage loan

7,700,000

160,639,944

108,871,352

53,760,000

2,774,660

53,760,000

10,799,401

11,112,757

7,400,000

7,089,610

7,376,497

Loan Extended Period

'2 years

Unsecured line of credit

5,000,000

35,000,000

Additional extension of mortgage

'2 years

Due Date of mortgage

6-Dec-22

1-Aug-17

1-Dec-19

1-Mar-23

1-Feb-17

27-Feb-15

Net fixed interest rate on the mortgage

4.75%

4.07%

3.89%

5.75%

4.39%

Interest rate on mortgage

4.07%

6.80%

Number of manufactured home communities acquired

Number of Additional Communities added to mortgage

Repayment of mortgage

5,700,000

Carrying value of fixed rate mortgages payable

235,685,401

143,383,848

Interest costs on mortgages capitalized

247,186

269,891

294,150

Amount repaid by company on mortgage loan

4,700,000

1,900,000

3,800,000

Percentage of mortgage repaid by company

7.36%

Borrowing Capacity, description

'The Company has the ability to increase the borrowing capacity by an amount not to exceed $15 million, representing a maximum aggregate borrowing capacity of $50 million, subject to various conditions, as defined in the agreement.

Percentage of unused commitment amount to be paid per annum

0.35%

Unsecured line of credit amount replaced by new line of credit

5,000,000

Line of Credit facility amount borrowed in anticipation of the acquisition of Holiday Mobile Village and for other corporate purposes

20,000,000

Description of modified interest rate on mortgage

'The interest rate was reduced from a fixed rate of 6.5% to a fixed rate of 4.0%.

Description of accelerated maturity period of Mortgage loan

'The maturity date was accelerated from June 1, 2020 to June 1, 2018.

Interest rate on margin loan

2.00%

Margin loan, outstanding

$18,574,228

Stock_Compensation_Plan_Detail

Stock Compensation Plan (Details) (USD $)	12 Months Ended
Stock Compensation Plan (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Assumptions for weighted average fair value of stock options	'	'	'
Dividend yield	6.67%	7.08%	7.00%
Expected volatility	32.37%	26.19%	24.81%
Risk-free interest rate	1.96%	1.11%	2.46%
Expected lives	'8 years	'8 years	'8 years
Estimated forfeitures	$0	$0	$0

Stock_Compensation_Plan_Detail1

Stock Compensation Plan (Details 1) (USD $)	12 Months Ended
Stock Compensation Plan (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Schedule of change in stock options during the years	'	'	'
Outstanding at beginning of year, Shares	785,000	750,000	731,000
Outstanding at beginning of year, Weighted Average Exercise Price	$11.71	$12.03	$12.33
Granted, Shares	392,000	94,000	80,000
Granted, Weighted Average Exercise Price	$10.08	$11.29	$11.16
Exercised, Shares	'	-4,000	-10,000
Exercised, Weighted Average Exercise Price	$0	$7.56	$7.56
Expired, Shares	-84,000	-55,000	-51,000
Expired, Weighted Average Exercise Price	$15.51	$15.58	$15.94
Outstanding at end of year, Shares	1,093,000	785,000	750,000
Outstanding at end of year, Weighted Average Exercise Price	$10.86	$11.71	$12.03
Options exercisable at end of year	701,000	691,000	670,000
Weighted-average fair value of options granted during the year	$1.42	$0.92	$1.01

Stock_Compensation_Plan_Detail2

Stock Compensation Plan (Details 2) (USD $)	12 Months Ended
Stock Compensation Plan (Details 2) (USD $)	Dec. 31, 2013
Summary of stock options outstanding	'
Number of Shares	1,093,000
Stock Options Grant [Member]	'
Summary of stock options outstanding	'
Date of Grant	9-Jan-06
Number of employees, shares granted	1
Number of Shares	44,200
Option Price	15.62
Expiration Date	9-Jan-14
Stock Options Grant One [Member]	'
Summary of stock options outstanding	'
Date of Grant	9-Jan-06
Number of employees, shares granted	1
Number of Shares	5,800
Option Price	17.21
Expiration Date	9-Jan-14
Stock Options Grant Two [Member]	'
Summary of stock options outstanding	'
Date of Grant	21-Jul-06
Number of employees, shares granted	9
Number of Shares	34,000
Option Price	15.15
Expiration Date	21-Jul-14
Stock Options Grant Three [Member]	'
Summary of stock options outstanding	'
Date of Grant	3-Jan-07
Number of employees, shares granted	1
Number of Shares	44,200
Option Price	15.51
Expiration Date	3-Jan-15
Stock Options Grant Four [Member]	'
Summary of stock options outstanding	'
Date of Grant	3-Jan-07
Number of employees, shares granted	1
Number of Shares	5,800
Option Price	17.06
Expiration Date	3-Jan-15
Stock Options Grant Five [Member]	'
Summary of stock options outstanding	'
Date of Grant	16-Jul-07
Number of employees, shares granted	12
Number of Shares	51,000
Option Price	14.21
Expiration Date	16-Jul-15
Stock Options Grant Six [Member]	'
Summary of stock options outstanding	'
Date of Grant	20-Sep-07
Number of employees, shares granted	2
Number of Shares	7,000
Option Price	13.19
Expiration Date	20-Sep-15
Stock Options Grant Seven [Member]	'
Summary of stock options outstanding	'
Date of Grant	8-Jan-08
Number of employees, shares granted	1
Number of Shares	42,300
Option Price	11.79
Expiration Date	8-Jan-16
Stock Options Grant Eight [Member]	'
Summary of stock options outstanding	'
Date of Grant	8-Jan-08
Number of employees, shares granted	1
Number of Shares	7,700
Option Price	12.97
Expiration Date	8-Jan-16
Stock Options Grant Nine [Member]	'
Summary of stock options outstanding	'
Date of Grant	25-Sep-08
Number of employees, shares granted	12
Number of Shares	43,000
Option Price	7.55
Expiration Date	25-Sep-16
Stock Options Grant Ten [Member]	'
Summary of stock options outstanding	'
Date of Grant	7-Jan-09
Number of employees, shares granted	1
Number of Shares	14,000
Option Price	7.12
Expiration Date	7-Jan-17
Stock Options Grant Eleven [Member]	'
Summary of stock options outstanding	'
Date of Grant	7-Jan-09
Number of employees, shares granted	1
Number of Shares	61,000
Option Price	6.47
Expiration Date	7-Jan-17
Stock Options Grant Twelve [Member]	'
Summary of stock options outstanding	'
Date of Grant	3-Mar-09
Number of employees, shares granted	1
Number of Shares	3,000
Option Price	5.42
Expiration Date	3-Mar-17
Stock Options Grant Thirteen [Member]	'
Summary of stock options outstanding	'
Date of Grant	22-Jun-09
Number of employees, shares granted	13
Number of Shares	53,000
Option Price	7.57
Expiration Date	22-Jun-17
Stock Options Grant Fourteen [Member]	'
Summary of stock options outstanding	'
Date of Grant	8-Jan-10
Number of employees, shares granted	1
Number of Shares	10,900
Option Price	9.13
Expiration Date	8-Jan-18
Stock Options Grant Fifteen [Member]	'
Summary of stock options outstanding	'
Date of Grant	8-Jan-10
Number of employees, shares granted	1
Number of Shares	14,100
Option Price	8.3
Expiration Date	8-Jan-18
Stock Options Grant Sixteen [Member]	'
Summary of stock options outstanding	'
Date of Grant	27-Jul-10
Number of employees, shares granted	12
Number of Shares	80,000
Option Price	11.4
Expiration Date	27-Jul-18
Stock Options Grant Seventeen [Member]	'
Summary of stock options outstanding	'
Date of Grant	11-Aug-10
Number of employees, shares granted	1
Number of Shares	6,000
Option Price	11.23
Expiration Date	11-Aug-18
Stock Options Grant Eighteen [Member]	'
Summary of stock options outstanding	'
Date of Grant	5-Jul-11
Number of employees, shares granted	12
Number of Shares	80,000
Option Price	11.16
Expiration Date	5-Jul-19
Stock Options Grant Nineteen [Member]	'
Summary of stock options outstanding	'
Date of Grant	29-Aug-12
Number of employees, shares granted	15
Number of Shares	94,000
Option Price	11.29
Expiration Date	29-Aug-20
Stock Options Grant Twenty [Member]	'
Summary of stock options outstanding	'
Date of Grant	28-Feb-13
Number of employees, shares granted	1
Number of Shares	10,000	[1]
Option Price	10.02
Expiration Date	28-Feb-21
Stock Options Grant Twenty One [Member]	'
Summary of stock options outstanding	'
Date of Grant	26-Jun-13
Number of employees, shares granted	24
Number of Shares	382,000	[1]
Option Price	10.08
Expiration Date	26-Jun-21

[1]	* Unexercisable

Stock_Compensation_Plan_Detail3

Stock Compensation Plan (Details 3) (Restricted stock [Member], USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Restricted stock [Member]	'	'	'
Summary of the company's nonvested restricted stock awards	'	'	'
Nonvested at beginning of year, Shares	187,470	130,974	62,299
Nonvested at beginning of year, Weighted Average Grant Date Fair Value	$10.90	$11.14	$11.44
Granted, Shares	'	75,000	74,000
Granted, Weighted Average Grant Date Fair Value	$0	$10.72	$11.16
Dividend Reinvested Shares, Shares	12,992	11,470	7,611
Dividend Reinvested Shares, Weighted Average Grant Date Fair Value	$9.33	$9.90	$8.98
Vested	-48,170	-29,974	-12,936
Vested	($10.90)	($11.10)	($11.36)
Forfeited, Shares	0	0	0
Forfeited, Weighted Average Grant Date Fair Value	$0	$0	$0
Nonvested at end of year, Shares	152,292	187,470	130,974
Nonvested at end of year, Weighted Average Grant Date Fair Value	$10.77	$10.90	$11.14

Stock_Compensation_Plan_Detail4

Stock Compensation Plan (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011	Jun. 13, 2013	Aug. 14, 2003
	Employee		Employee	Employee
			Security
Employee Stock Options (Textual)	'		'	'	'	'
Stock option authorized to grant to officers and key employees	'		'	'	3,000,000	1,500,000
Number of shares available for grant	2,618,000		'	'	'	100,000
Stock Compensation Expense	$411,017		$69,253	$74,338	'	'
Number of Shares	1,093,000		'	'	'	'
Fair value of stock options	556,000		87,000	81,000	'	'
Stock awards vesting period	'1 year		'	'	'	'
Unamortized stock option expense	202,437		'	'	'	'
Exercised, Shares	'		4,000	10,000	'	'
Number of employees to exercise options	'		1	1	'	'
Expired, Shares	84,000		55,000	51,000	'	'
Number of employees whose option expired	10		8	8	'	'
Aggregate intrinsic value of options outstanding	421,563		602,653	406,673	'	'
Aggregate intrinsic value relate to options exercisable	421,563		602,653	406,673	'	'
Intrinsic value of options exercised	0		18,000	28,200	'	'
Weighted-average remaining contractual term	'4 years 9 months 18 days		'3 years 10 months 24 days	'4 years 1 month 6 days	'	'
Number of participants in restricted stock grants awarded	'		1	'	'	'
One-time charges included in compensation cost for restricted stock grants awarded to one participant	'		123,490	'	'	'
Stock Options Grant Twenty Five [Member]	'		'	'	'	'
Employee Stock Options (Textual)	'		'	'	'	'
Number of employees, shares granted	'		15	12	'	'
Number of Shares	'		94,000	80,000	'	'
Restricted stock [Member]	'		'	'	'	'
Employee Stock Options (Textual)	'		'	'	'	'
Stock Compensation Expense	439,332		503,991	220,704	'	'
Stock awards vesting period	'5 years		'	'	'	'
Granted	'		75,000	74,000	'	'
Fair value of restricted stock grants	'		803,700	825,840	'	'
Number of participants in restricted stock grants awarded	'		9	10	'	'
Unrecognized restricted stock compensation	$1,098,563		'	'	'	'
Remaining weighted average period of restricted stock compensation	'2 years 8 months 12 days		'	'	'	'
Stock Options Grant Twenty One [Member]	'		'	'	'	'
Employee Stock Options (Textual)	'		'	'	'	'
Number of employees, shares granted	24		'	'	'	'
Number of Shares	382,000	[1]	'	'	'	'

[1]	* Unexercisable

401k_Plan_Details

401(k) Plan (Details) (USD $)	12 Months Ended
401(k) Plan (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
401(k) Plan (Textual)	'	'	'
Eligibility age of employees for 401(k) Plan	'21 years	'	'
Maximum annual contribution per employee in 401(k) plan	$17,500	'	'
Description of contribution in 401(k) Plan	'Company made matching contributions to the Plan of up to 100% of the first 3% of employee salary and 50% of the next 2% of employee salary.	'	'
Total expense relating to 401(k) Plan	$162,304	$126,224	$118,454

Related_Party_Transactions_and1

Related Party Transactions and Other Matters (Details) (USD $)	12 Months Ended		1 Months Ended	12 Months Ended		1 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2012	Dec. 31, 2013	Dec. 31, 2011	Jan. 31, 2012	Jan. 31, 2012	Jan. 31, 2012
	Home_Site	Dec. 31, 2012	Eugene W. Landy [Member]	Eugene W. Landy [Member]	Eugene W. Landy [Member]	Samuel A. Landy [Member]	Anna T. Chew [Member]	Allison Nagelberg [Member]
Related Party Transactions (Textual)	'	'	'	'	'	'	'	'
Term of Employment Agreement	'	'	'	'	'	'Three-year	'Three-year	'Three-year
Amount of annual base compensation	'	'	'	$150,000	'	'	'	'
Total amount payable on severance	'	'	'	450,000	'	'	'	'
Amount of severance payable on severance	'	'	'	150,000	'	'	'	'
Amount payable on first and second anniversaries of severance	'	'	'	150,000	'	'	'	'
Period for compensation will continue in event of disability	'	'	'	'For a period of three years, payable monthly.	'	'	'	'
Pension amount received on retirement	'	'	'	50,000	'	'	'	'
Period for Pension amount received on retirement	'	'	'	'For ten years, payable in monthly installments.	'	'	'	'
Amount received by beneficiary after thirty days in event of death	'	'	'	450,000	'	'	'	'
Amount received by beneficiary after one year in event of death	'	'	'	100,000	'	'	'	'
Automatic renewal period of agreement	'	'	'	'Each year for successive one-year periods.	'	'	'	'
Annual base compensation amount increased after amendment	'	'	'	175,000	'	'	'	'
Extended period of pension benefit	'	'	'	'Additional three years.	'	'	'	'
Lump sum payment received under second amendment	'	'	'	1,200,000	'	'	'	'
Sale price per common stock share	'	'	'	$16	'	'	'	'
Amount received as outstanding leadership achievement award	'	'	'	250,000	'	'	'	'
Period to receive amount as outstanding leadership achievement award	'	'	'	'3 years	'	'	'	'
Additional compensation received as being Director	'	'	29,125	37,625	24,000	'	'	'
Amount received as legal fees	'	'	0	0	17,500	'	'	'
Annual increase in fund from operations	'	'	'	'	'	3.00%	'	'
Aggregate increase in funds from operations over three year period	'	'	'	'	'	9.00%	'	'
Annual Base Salary as per Employment Agreement, 2012	'	'	'	'	'	378,000	287,385	250,000
Annual Base Salary as per Employment Agreement, 2013	'	'	'	'	'	396,900	301,754	262,500
Annual Base Salary as per Employment Agreement, 2014	'	'	'	'	'	416,745	316,841	275,625
Maximum bonus amount in percentage of salary	'	'	'	'	'	21.00%	'	'
Annual vacation allowed, period	'	'	'	'Five weeks	'	'Four weeks	'Four weeks	'Four weeks
Disability insurance benefits	'	'	'	'	'	'	'Up to 60% of then-current salary.	'Up to 60% of then-current salary.
Minimum number of days for employee's disability to receive benefits	'	'	'	'	'	'	'90 days	'90 days
Right of the employee in special events	'	'	'	'	'	'In the event of a merger, sale or change of voting control of the Company, excluding transactions between the Company and MREIC, Mr. Samuel Landy will have the right to extend and renew this employment agreement so that the expiration date will be three years from the date of merger, sale or change of voting control, or the employee may terminate the employment agreement and be entitled to receive one year's compensation in accordance with the agreement. If there is a termination of employment by the Company for any reason, either involuntary or voluntary, including the death of the employee, the employee shall be entitled to the greater of the salary due under the remaining term of the agreement or one year's compensation at the date of termination, paid monthly over the remaining term or life of the agreement.	'In the event of a merger, sale or change of voting control of the Company, excluding transactions between the Company and MREIC, the employee will have the right to extend and renew this employment agreement so that the expiration date will be three years from the date of merger, sale or change of voting control, or the employee may terminate the employment agreement and be entitled to receive one year's compensation in accordance with the agreement. If there is a termination of employment by the Company for any reason, either involuntary or voluntary, including the death of the employee, other than a termination for cause as defined by the agreement, the employee shall be entitled to the greater of the salary due under the remaining term of the agreement or one year's compensation at the date of termination, paid monthly over the remaining term or life of the agreement.	'In the event of a merger, sale or change of voting control of the Company, the employee will have the right to extend and renew this employment agreement so that the expiration date will be three years from the date of merger, sale or change of voting control. If there is a termination of employment by the Company for any reason, either involuntary or voluntary, including the death of the employee, other than a termination for cause as defined by the agreement, the employee shall be entitled to the greater of the salary due under the remaining term of the agreement or one year's compensation at the date of termination, paid monthly over the remaining term or life of the agreement.
Number of directors in company who are directors and shareholders of MREIC	6	'	'	'	'	'	'	'
Number of shares owned in affiliate company (MREIC)	1,875,147	'	'	'	'	'	'	'
Percentage of shares owned in affiliate company (MREIC)	4.00%	'	'	'	'	'	'	'
Amounts accrued under employment agreements	600,000	509,259	'	'	'	'	'	'
Lease payment reimbursed by MREIC	'	'	'	'	'	'	'	'
Lease payment reimbursed by MREIC	Approximately 70% of the monthly lease payment.	'	'	'	'	'	'	'
Renewed lease term	'5 years	'	'	'	'	'	'	'
Lease payment through April 30, 2013	13,600	'	'	'	'	'	'	'
Lease payment through April 30, 2015	$14,000	'	'	'	'	'	'	'
Lease payment reimbursed by MREI under renewed lease agreement	'Approximately 70% of the monthly lease payment plus its proportionate share of real estate taxes and common area maintenance.	'	'	'	'	'	'	'

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)	12 Months Ended
Shareholders' Equity (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Shares issued under dividend reinvestment plan	'		'		'
Amounts Received/Dividends Reinvested	$35,192,639	[1]	$18,058,038	[1]	$13,938,991	[1]
Common Stock Issued with the DRIP, (Shares)	3,658,010		1,780,043		1,467,214

[1]	Dividend Reinvestment and Stock Purchase Plan

Shareholders_Equity_Details_Te

Shareholders' Equity (Details Textual) (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Jan. 15, 2014

Dec. 31, 2013

Oct. 31, 2012

Apr. 30, 2012

31-May-11

Dec. 31, 2013

Apr. 10, 2012

31-May-11

Dec. 31, 2013

Minimum [Member]

Maximum [Member]

8.25% Series A Cumulative Redeemable Preferred Stock [Member]

Series A Preferred Stock [Member]

Shareholders Equity (Textual)

Discount rate on weighted average purchase price under dividend reinvestment plan

5.00%

Amount of optional cash payments

$500

$1,000

Reinvestment of dividends

1,861,987

1,390,899

1,628,507

Preferred stock offering

1,250,000

1,075,000

1,338,800

Preferred stock public offering price

$25.50

$25.29

Rate of voting power

'more than 50

Preferred stock, par value

$0.10

Cumulative redeemable preferred stock, dividend rate, percentage

8.25%

Annual rate on dividend per share payable quarterly

$0.34

$2.06

$0.29

Proceeds from Issuance of Preferred Stock, net of offering costs

56,996,101

31,854,328

30,600,000

25,700,000

31,854,328

Amount of discount under underwriting activities

638,000

847,000

1,054,305

Other expenses including legal and other professional fees

$258,000

$326,000

$561,367

Stock issued to MREIC

200,000

Description of preferred stock dividend

Annual dividend of $2.0625 per share or 8.25% of the $25.00 per share liquidation value, is payable quarterly in arrears on March 15, June 15, September 15, and December 15

Preferred stock redemption date

26-May-16

Description for redemption of preferred stock after redemption date

'On and after May 26, 2016, the Series A Preferred Stock will be redeemable at the Company's option for cash, in whole or, from time to time, in part, at a price per share equal to $25.00, plus all accrued and unpaid dividends (whether or not declared), if any, to, but not including, the redemption date, on each share of Series A Preferred Stock to be redeemed.

Description for voting right to holders of preferred stock

'Holders of the Series A Preferred Stock generally have no voting rights, except if the Company fails to pay dividends for six or more quarterly periods, whether or not consecutive, or with respect to certain specified events.

Number of share authorized to repurchase under Share Repurchase Program

10,000,000

Distributions_Details

Distributions (Details) (USD $)	3 Months Ended												12 Months Ended
Distributions (Details) (USD $)	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 30, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Summary of payment of distributions to shareholders	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Distributions including dividends reinvested paid to common shareholders	$3,656,622	$3,456,304	$3,294,938	$3,155,607	$3,062,506	$2,954,616	$2,902,806	$2,809,868	$2,723,255	$2,652,386	$2,595,832	$2,523,564	$13,563,471	$11,729,796	$10,495,037
Dividend declared per share, paid	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.18	$0.72	$0.72	$0.72

Distributions_Details_1

Distributions (Details 1) (USD $)	0 Months Ended	12 Months Ended
Distributions (Details 1) (USD $)	Jan. 15, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	15-Jan-14	'	'	'
Record Date	18-Feb-14	'	'	'
Payment Date	17-Mar-14	'	'	'
Amount of distributions paid for preferred stock	'	$7,556,588	$4,325,109	$1,426,659
Preferred stock, dividend declared per share, paid	'	$2.06	$2.06	$1.07
7/5/2011 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	'	'	5-Jul-11
Record Date	'	'	'	15-Aug-11
Payment Date	'	'	'	15-Sep-11
Amount of distributions paid for preferred stock	'	'	'	736,341
Preferred stock, dividend declared per share, paid	'	'	'	$0.55
10/4/2011 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	'	'	4-Oct-11
Record Date	'	'	'	15-Nov-11
Payment Date	'	'	'	15-Dec-11
Amount of distributions paid for preferred stock	'	'	'	690,318
Preferred stock, dividend declared per share, paid	'	'	'	$0.52
1/18/2012 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	'	18-Jan-12	'
Record Date	'	'	15-Feb-12	'
Payment Date	'	'	15-Mar-12	'
Amount of distributions paid for preferred stock	'	'	690,319	'
Preferred stock, dividend declared per share, paid	'	'	$0.52	'
4/17/2012 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	'	17-Apr-12	'
Record Date	'	'	15-May-12	'
Payment Date	'	'	15-Jun-12	'
Amount of distributions paid for preferred stock	'	'	930,716	'
Preferred stock, dividend declared per share, paid	'	'	$0.52	'
7/9/2012 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	'	9-Jul-12	'
Record Date	'	'	15-Aug-12	'
Payment Date	'	'	17-Sep-12	'
Amount of distributions paid for preferred stock	'	'	1,244,616	'
Preferred stock, dividend declared per share, paid	'	'	$0.52	'
10/1/2012 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	'	1-Oct-12	'
Record Date	'	'	15-Nov-12	'
Payment Date	'	'	17-Dec-12	'
Amount of distributions paid for preferred stock	'	'	1,459,458	'
Preferred stock, dividend declared per share, paid	'	'	$0.52	'
1/16/2013 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	16-Jan-13	'	'
Record Date	'	15-Feb-13	'	'
Payment Date	'	15-Mar-13	'	'
Amount of distributions paid for preferred stock	'	1,889,147	'	'
Preferred stock, dividend declared per share, paid	'	$0.52	'	'
4/8/2013 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	8-Apr-13	'	'
Record Date	'	15-May-13	'	'
Payment Date	'	17-Jun-13	'	'
Amount of distributions paid for preferred stock	'	1,889,147	'	'
Preferred stock, dividend declared per share, paid	'	$0.52	'	'
7/1/2013 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	1-Jul-13	'	'
Record Date	'	15-Aug-13	'	'
Payment Date	'	16-Sep-13	'	'
Amount of distributions paid for preferred stock	'	1,889,147	'	'
Preferred stock, dividend declared per share, paid	'	$0.52	'	'
10/1/2013 [Member]	'	'	'	'
Summary of payment of dividends to preferred shareholders	'	'	'	'
Declaration Date	'	1-Oct-13	'	'
Record Date	'	15-Nov-13	'	'
Payment Date	'	16-Dec-13	'	'
Amount of distributions paid for preferred stock	'	$1,889,147	'	'
Preferred stock, dividend declared per share, paid	'	$0.52	'	'

Distributions_Details_Textual

Distributions (Details Textual) (USD $)	0 Months Ended	12 Months Ended			1 Months Ended	12 Months Ended
	Jan. 15, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	31-May-11	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Oct. 31, 2012	Apr. 10, 2012
	Jan. 15, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	8.25% Series A Cumulative Redeemable Preferred Stock [Member]	8.25% Series A Cumulative Redeemable Preferred Stock [Member]	8.25% Series A Cumulative Redeemable Preferred Stock [Member]	8.25% Series A Cumulative Redeemable Preferred Stock [Member]	8.25% Series A Cumulative Redeemable Preferred Stock [Member]	8.25% Series A Cumulative Redeemable Preferred Stock [Member]
Distributions (Textual)	'	'	'	'	'	'	'	'	'	'
Declaration Date	15-Jan-14	'	'	'	'	15-Jan-14	16-Jan-13	18-Jan-12	'	'
Record Date	18-Feb-14	'	'	'	'	'	'	15-Feb-12	'	'
Payment Date	17-Mar-14	'	'	'	'	17-Mar-14	15-Mar-13	15-Mar-12	'	'
Dividends declared per share	$0.18	'	'	'	'	'	'	'	'	'
Preferred stock, dividend declared per share, paid	'	$2.06	$2.06	$1.07	'	$0.52	$0.52	'	'	'
Cumulative redeemable preferred stock, dividend rate, percentage	'	'	'	'	8.25%	8.25%	'	'	'	'
Annual rate on dividend per share payable quarterly	'	'	'	'	'	$2.06	'	'	$0.34	$0.29

Loss_Relating_To_Flood_Details

Loss Relating To Flood (Details) (USD $)	12 Months Ended
Loss Relating To Flood (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Loss Relating to Flood (Textual)	'	'	'
Loss relating to flood net of insurance proceeds	$0	$0	$984,701

Federal_Income_Taxes_Details

Federal Income Taxes (Details) (USD $)	3 Months Ended								12 Months Ended
Federal Income Taxes (Details) (USD $)	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 30, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Reconciliation of U.S. GAAP net income to taxable income	'	'	'	'	'	'	'	'	'	'	'
U.S. GAAP net income	($733,004)	$800,877	$1,619,439	$4,149,511	$1,299,570	$1,405,754	$2,019,036	$1,749,697	$5,836,823	$6,474,057	$3,696,263
Add: U.S. GAAP net loss of taxable REIT subsidiary included above	'	'	'	'	'	'	'	'	2,746,526	3,081,837	3,135,742
U.S. GAAP net income from REIT operations	'	'	'	'	'	'	'	'	8,583,349	9,555,894	6,832,005
Stock option expense	'	'	'	'	'	'	'	'	850,349	573,244	295,042
Acquisition costs and other book / tax differences, net	'	'	'	'	'	'	'	'	1,641,635	-344,027	-1,418,553
Taxable income before adjustments	'	'	'	'	'	'	'	'	11,075,333	9,785,111	5,708,494
Less: Capital gains	'	'	'	'	'	'	'	'	-3,460,000	-4,146,773	-1,750,781
Adjusted taxable income subject to 90% dividend requirement	'	'	'	'	'	'	'	'	$7,615,333	$5,638,338	$3,957,713

Federal_Income_Taxes_Details_1

Federal Income Taxes (Details 1) (USD $)	12 Months Ended
Federal Income Taxes (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Reconciliation for cash dividends paid with dividends paid deduction	'	'	'
Cash dividends paid	$21,120,059	$16,798,495	$11,921,695
Less: Portion designated as capital gains distributions	-3,460,000	-4,146,773	-1,750,781
Less: Return of capital	-10,044,726	-7,013,384	-6,213,201
Dividends paid deduction	$7,615,333	$5,638,338	$3,957,713

Federal_Income_Taxes_Details_2

Federal Income Taxes (Details 2) (USD $)

3 Months Ended

12 Months Ended

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 30, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Characterization of distributions paid per common share

Amount of distributions paid per common share

$0.18

$0.72

Percentage of distributions paid per common share

100.00%

Ordinary Income [Member]

Characterization of distributions paid per common share

Amount of distributions paid per common share

$0.13

$0.08

$0.29

Percentage of distributions paid per common share

17.84%

10.96%

40.40%

Capital Gains [Member]

Characterization of distributions paid per common share

Amount of distributions paid per common share

$0.06

$0.08

Percentage of distributions paid per common share

8.10%

11.65%

11.40%

Return of Capital [Member]

Characterization of distributions paid per common share

Amount of distributions paid per common share

$0.53

$0.56

$0.35

Percentage of distributions paid per common share

74.06%

77.39%

48.20%

Federal_Income_Taxes_Details_T

Federal Income Taxes (Details Textual) (USD $)	12 Months Ended
Federal Income Taxes (Details Textual) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Federal Income Taxes (Textual)	'	'	'
Percentage of adjusted taxable income require to distribute among shareholders, Minimum	90.00%	'	'
Preferred Dividends Paid, net	$7,556,588	$5,068,697	$1,426,659
Preferred stock, dividend declared per share, paid	$2.06	$2.06	$1.07
Percentage of distributions taxed as ordinary income	$1.42	$1.00	'
Percentage of distributions taxed as capital gains	$0.64	$1.06	'
Amount of operating losses of S&F	2,746,526	3,081,837	3,135,742
Federal state and franchise taxes included in general and administrative expenses	$5,000	$5,000	$5,000

Commitments_Contingencies_and_1

Commitments, Contingencies and Legal Matters (Details) (USD $)	1 Months Ended	12 Months Ended
	Nov. 30, 2013	Dec. 31, 2013
Commitments Contingencies and Legal Matters (Textual)	'	'
Number Of Property Site	'	1,340
Definitive Agreements [Member]	'	'
Commitments Contingencies and Legal Matters (Textual)	'	'
Number Of Acquired Manufactured Home Communities	'	12
Purchase price of acquired entity	'	37,200,000
Assumed mortgages	'	27,000,000
Repurchase of amount	'	4,200,000
Deposit of notes and other receivables	'	800,000
Definitive Agreements [Member] \| Minimum [Member]	'	'
Commitments Contingencies and Legal Matters (Textual)	'	'
Range of purchase price repossessed	80.00%	55.00%
Definitive Agreements [Member] \| Maximum [Member]	'	'
Commitments Contingencies and Legal Matters (Textual)	'	'
Range of purchase price repossessed	95.00%	100.00%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Fair Value, Measurements, Recurring [Member], USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Interest Rate Swap (1)	($39,840)	[1]	($377,795)	[1]
Total	59,215,102		56,947,645
Fair Value, Inputs, Level 1 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Interest Rate Swap (1)	0	[1]	0	[1]
Total	59,254,942		57,325,440
Fair Value, Inputs, Level 2 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Interest Rate Swap (1)	-39,840	[1]	-377,795	[1]
Total	-39,840		-377,795
Fair Value, Inputs, Level 3 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Interest Rate Swap (1)	0	[1]	0	[1]
Total	0		0
Preferred Stock [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	24,536,942		18,300,970
Preferred Stock [Member] \| Fair Value, Inputs, Level 1 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	24,536,942		18,300,970
Preferred Stock [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	0		0
Preferred Stock [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	0		0
Common Stock [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	34,718,000		39,024,470
Common Stock [Member] \| Fair Value, Inputs, Level 1 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	34,718,000		39,024,470
Common Stock [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	0		0
Common Stock [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Summary of financial assets and liabilities measured at fair value on a recurring basis	'		'
Securities Available for Sale at Fair Value	$0		$0

[1]	(1) Included in accrued liabilities and deposits

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details Textual) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value Measurements (Textual)	'	'
Fair value of fixed rate mortgages payable	$127,869,529	$85,875,242
Carrying value of fixed rate mortgages payable	$128,553,264	$82,571,781

Supplemental_Cash_Flow_and_Com1

Supplemental Cash Flow and Comprehensive Income (Loss) Information (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Supplemental Cash Flow And Comprehensive Income (Loss) Information (Textual)	'	'	'
Cash paid for interest	$8,185,305	$4,715,898	$4,823,821
Acquisition Of Communities	7,700,000	2,800,000	'
Land development costs transferred to investment property and equipment	77,562	85,193	79,901
Reinvestment of dividends	$1,861,987	$1,390,899	$1,628,507

Pro_Forma_Financial_Informatio2

Pro Forma Financial Information (Details) (USD $)	12 Months Ended
Pro Forma Financial Information (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Pro forma financial information	'	'
Rental and Related Income	$56,640,000	$54,528,000
Community Operating Expenses	30,759,000	12,198,000
Net Income Attributable to Common Shareholders	$5,755,000	$1,991,000
Net Income Attributable to Common Shareholders per Share:	'	'
Basic	$0.31	$0.12
Diluted	$0.31	$0.12

Selected_Quarterly_Financial_D2

Selected Quarterly Financial Data (Unaudited) (Details) (USD $)	3 Months Ended																12 Months Ended
	Dec. 31, 2013		Sep. 30, 2013		Jun. 30, 2013		Mar. 31, 2013		Dec. 30, 2012		Sep. 30, 2012		Jun. 30, 2012		Mar. 31, 2012		Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Summary of Selected Quarterly Financial Information	'		'		'		'		'		'		'		'		'	'	'
Total Income	$16,426,921		$16,253,966		$16,097,925		$13,426,295		$12,606,121		$12,186,668		$11,144,029		$10,890,946		$62,205,107	$46,827,764	$39,313,354
Total Expenses	16,636,587		14,935,457		14,196,653		12,240,957		11,761,448		11,617,310		10,692,049		10,143,701		58,009,654	44,214,508	36,797,740
Other Income (Expense) (1)	-524,561	[1]	-600,121	[1]	-229,785	[1]	2,977,034	[1]	475,169	[1]	846,764	[1]	1,591,029	[1]	989,320	[1]	1,622,567	3,902,282	1,151,776
Net Income	-733,004		800,877		1,619,439		4,149,511		1,299,570		1,405,754		2,019,036		1,749,697		5,836,823	6,474,057	3,696,263
Net Income (Loss) Attributable to Common Shareholders	($2,622,151)		($1,088,270)		($269,708)		$2,260,364		($559,498)		$161,138		$1,088,321		$1,059,378		($1,719,765)	$1,749,339	$2,039,497
Net Income (Loss) Attributable to Common Shareholders per Share -	'		'		'		'		'		'		'		'		'	'	'
Basic	($0.14)		($0.06)		($0.02)		$0.13		($0.03)		$0		$0.07		$0.07		($0.09)	$0.11	$0.14
Diluted	($0.14)		($0.06)		($0.02)		$0.13		($0.03)		$0		$0.07		$0.07		($0.09)	$0.11	$0.14

[1]	(1) Fluctuations are primarily due to the $499,471 bonus payment received in the second quarter of 2012 for rights to drill for oil and gas in one of our communities and to Gain on Sale of Securities Transactions, net.

Selected_Quarterly_Financial_D3

Selected Quarterly Financial Data (Unaudited) (Details Textual) (USD $)	3 Months Ended
	Jun. 30, 2012
	Home_Community
Selected Quarterly Financial Data Textual [Abstract]	'
Amount of bonus payment received for rights to drill for oil and gas	$499,471
Number of communities	1

Real_Estate_And_Accumulated_De1

Real Estate And Accumulated Depreciation (Details) (USD $)	Dec. 31, 2013
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	$160,639,944
Land	29,669,019
Site, Land & Building Improvements and Rental Homes	211,994,739
Capitalization Subsequent to Acquisition	124,160,654
Memphis, TN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	10,799,401	[1]
Land	250,000
Site, Land & Building Improvements and Rental Homes	2,569,101
Capitalization Subsequent to Acquisition	6,987,622
Orrville, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	7,675,595	[2]
Land	114,000
Site, Land & Building Improvements and Rental Homes	1,174,000
Capitalization Subsequent to Acquisition	0
Birch Run, MI [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	53,019,327	[3]
Land	70,000
Site, Land & Building Improvements and Rental Homes	2,797,000
Capitalization Subsequent to Acquisition	185,264
Goshen, IN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	1,120,000
Site, Land & Building Improvements and Rental Homes	11,136,000
Capitalization Subsequent to Acquisition	488,834
Berwick, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	14,964,116	[2]
Land	372,000
Site, Land & Building Improvements and Rental Homes	4,776,000
Capitalization Subsequent to Acquisition	220,190
Greenfield, Ctr NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	37,500
Site, Land & Building Improvements and Rental Homes	232,547
Capitalization Subsequent to Acquisition	3,253,586
Chambersburg, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	12,909,520	[4]
Land	176,000
Site, Land & Building Improvements and Rental Homes	2,411,000
Capitalization Subsequent to Acquisition	56,051
Vineland, NJ [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	9,124,838
Land	320,000
Site, Land & Building Improvements and Rental Homes	1,866,323
Capitalization Subsequent to Acquisition	1,816,362
Chambersburg, PA 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	108,000
Site, Land & Building Improvements and Rental Homes	2,397,000
Capitalization Subsequent to Acquisition	170,683
Sayre, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	124,000
Site, Land & Building Improvements and Rental Homes	2,049,000
Capitalization Subsequent to Acquisition	27,624
Lewistown, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	137,000
Site, Land & Building Improvements and Rental Homes	613,000
Capitalization Subsequent to Acquisition	416,835
Tiffin, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[1]
Land	142,000
Site, Land & Building Improvements and Rental Homes	3,301,800
Capitalization Subsequent to Acquisition	48,940
Horseheads, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	196,000
Site, Land & Building Improvements and Rental Homes	2,317,500
Capitalization Subsequent to Acquisition	141,878
Wintersville, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	67,000
Site, Land & Building Improvements and Rental Homes	2,383,000
Capitalization Subsequent to Acquisition	1,144,464
Muncie, IN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	174,000
Site, Land & Building Improvements and Rental Homes	1,926,000
Capitalization Subsequent to Acquisition	730,451
Columbia, TN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	394,000
Site, Land & Building Improvements and Rental Homes	6,916,500
Capitalization Subsequent to Acquisition	1,546,470
Cranberry Twp, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	181,930
Site, Land & Building Improvements and Rental Homes	1,922,931
Capitalization Subsequent to Acquisition	2,130,669
Athens, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	188,000
Site, Land & Building Improvements and Rental Homes	2,258,000
Capitalization Subsequent to Acquisition	93,602
Duncansville, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	60,774
Site, Land & Building Improvements and Rental Homes	378,093
Capitalization Subsequent to Acquisition	2,116,271
Clifton Park, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	7,089,610	[1]
Land	391,724
Site, Land & Building Improvements and Rental Homes	704,021
Capitalization Subsequent to Acquisition	2,291,016
Millville, NJ [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	10,345,239
Land	216,000
Site, Land & Building Improvements and Rental Homes	1,166,517
Capitalization Subsequent to Acquisition	8,679,046
Elkhart, IN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	440,000
Site, Land & Building Improvements and Rental Homes	7,004,000
Capitalization Subsequent to Acquisition	276,526
Cranberry Twp, PA 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	75,000
Site, Land & Building Improvements and Rental Homes	977,225
Capitalization Subsequent to Acquisition	3,831,435
Schuylkill Haven, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	643,000
Site, Land & Building Improvements and Rental Homes	5,293,500
Capitalization Subsequent to Acquisition	242,066
Chambersburg, PA 2 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	63,000
Site, Land & Building Improvements and Rental Homes	584,000
Capitalization Subsequent to Acquisition	1,275
Honey Brook, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	370,000
Site, Land & Building Improvements and Rental Homes	1,220,000
Capitalization Subsequent to Acquisition	12,547
Inkerman, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	1,288,149
Land	572,500
Site, Land & Building Improvements and Rental Homes	2,151,569
Capitalization Subsequent to Acquisition	5,012,458
Elkhart, IN 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	510,000
Site, Land & Building Improvements and Rental Homes	7,084,000
Capitalization Subsequent to Acquisition	262,128
Kutztown, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	9,578,574
Land	145,000
Site, Land & Building Improvements and Rental Homes	1,695,041
Capitalization Subsequent to Acquisition	9,589,458
Nashville, TN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	1,632,000
Site, Land & Building Improvements and Rental Homes	5,618,000
Capitalization Subsequent to Acquisition	604,932
Monticello, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	235,600
Site, Land & Building Improvements and Rental Homes	1,402,572
Capitalization Subsequent to Acquisition	6,770,007
Navarre, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	290,000
Site, Land & Building Improvements and Rental Homes	1,457,673
Capitalization Subsequent to Acquisition	5,530,530
Cresson, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	432,700
Site, Land & Building Improvements and Rental Homes	2,070,426
Capitalization Subsequent to Acquisition	1,994,136
Orrville, OH 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	113,000
Site, Land & Building Improvements and Rental Homes	1,135,000
Capitalization Subsequent to Acquisition	854
Taylor, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	674,000
Site, Land & Building Improvements and Rental Homes	9,432,800
Capitalization Subsequent to Acquisition	645,249
New Middletown, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	152,000
Site, Land & Building Improvements and Rental Homes	3,191,000
Capitalization Subsequent to Acquisition	600,527
Wooster, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	767,000
Site, Land & Building Improvements and Rental Homes	5,429,000
Capitalization Subsequent to Acquisition	404
Wooster, OH 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	94,000
Site, Land & Building Improvements and Rental Homes	1,040,000
Capitalization Subsequent to Acquisition	0
Memphis, TN 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	78,435
Site, Land & Building Improvements and Rental Homes	810,477
Capitalization Subsequent to Acquisition	951,463
Jonestown, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	114,000
Site, Land & Building Improvements and Rental Homes	994,000
Capitalization Subsequent to Acquisition	130,382
Avoca, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	330,000
Site, Land & Building Improvements and Rental Homes	3,794,100
Capitalization Subsequent to Acquisition	221,006
Narvon, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	134,000
Site, Land & Building Improvements and Rental Homes	1,665,000
Capitalization Subsequent to Acquisition	154,362
Coxsackie, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	1,757,800
Site, Land & Building Improvements and Rental Homes	0
Capitalization Subsequent to Acquisition	1,359,407
Elkhart, IN 2 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	500,000
Site, Land & Building Improvements and Rental Homes	7,524,000
Capitalization Subsequent to Acquisition	414,594
Tunkhannock, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	379,000
Site, Land & Building Improvements and Rental Homes	1,639,000
Capitalization Subsequent to Acquisition	174,814
Olmsted Falls, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	569,000
Site, Land & Building Improvements and Rental Homes	3,031,000
Capitalization Subsequent to Acquisition	370,889
West Grove, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	7,527,426
Land	175,000
Site, Land & Building Improvements and Rental Homes	990,515
Capitalization Subsequent to Acquisition	1,389,153
Carlisle, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	37,540
Site, Land & Building Improvements and Rental Homes	198,321
Capitalization Subsequent to Acquisition	5,927,470
Apollo, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	670,000
Site, Land & Building Improvements and Rental Homes	1,336,600
Capitalization Subsequent to Acquisition	2,723,260
Bloomsburg, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	282,000
Site, Land & Building Improvements and Rental Homes	2,174,800
Capitalization Subsequent to Acquisition	436,817
Belle Vernon, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	150,000
Site, Land & Building Improvements and Rental Homes	2,491,796
Capitalization Subsequent to Acquisition	8,249,798
Marion, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	236,000
Site, Land & Building Improvements and Rental Homes	785,293
Capitalization Subsequent to Acquisition	4,695,899
Carlisle, PA 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	301,000
Site, Land & Building Improvements and Rental Homes	1,419,013
Capitalization Subsequent to Acquisition	37,526
Magnolia, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	270,000
Site, Land & Building Improvements and Rental Homes	1,941,430
Capitalization Subsequent to Acquisition	5,063,379
Nashville, TN 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	337,000
Site, Land & Building Improvements and Rental Homes	3,379,000
Capitalization Subsequent to Acquisition	973,116
Somerset, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	891,382
Land	1,485,000
Site, Land & Building Improvements and Rental Homes	2,050,400
Capitalization Subsequent to Acquisition	5,147,022
Columbiana, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	63,000
Site, Land & Building Improvements and Rental Homes	3,387,000
Capitalization Subsequent to Acquisition	126,362
Jackson, NJ [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	6,012,690
Land	100,095
Site, Land & Building Improvements and Rental Homes	602,820
Capitalization Subsequent to Acquisition	2,449,632
Athens, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	67,000
Site, Land & Building Improvements and Rental Homes	1,326,800
Capitalization Subsequent to Acquisition	1,599,747
Greensburg, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	6,711,306	[1]
Land	299,000
Site, Land & Building Improvements and Rental Homes	5,837,272
Capitalization Subsequent to Acquisition	395,564
Somerset, PA 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[1]
Land	287,000
Site, Land & Building Improvements and Rental Homes	6,113,528
Capitalization Subsequent to Acquisition	155,305
Eagleville, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	450,000
Site, Land & Building Improvements and Rental Homes	2,674,000
Capitalization Subsequent to Acquisition	23,132
Goodlettsville, TN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	411,000
Site, Land & Building Improvements and Rental Homes	1,867,000
Capitalization Subsequent to Acquisition	978,908
Olmsted Falls, OH 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	2,702,771
Land	823,000
Site, Land & Building Improvements and Rental Homes	3,527,000
Capitalization Subsequent to Acquisition	579,415
Goshen, IN 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	650,000
Site, Land & Building Improvements and Rental Homes	6,307,000
Capitalization Subsequent to Acquisition	275,766
Ephrata, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	191,000
Site, Land & Building Improvements and Rental Homes	4,359,000
Capitalization Subsequent to Acquisition	78,567
Ephrata, PA 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[4]
Land	72,000
Site, Land & Building Improvements and Rental Homes	1,746,000
Capitalization Subsequent to Acquisition	1,035
Doylestown, PA [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	2,650,000
Site, Land & Building Improvements and Rental Homes	8,266,000
Capitalization Subsequent to Acquisition	-49,595
Honey Brook, PA 1 [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[3]
Land	1,380,000
Site, Land & Building Improvements and Rental Homes	5,348,000
Capitalization Subsequent to Acquisition	18,245
Hamburg, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[1]
Land	424,000
Site, Land & Building Improvements and Rental Homes	3,812,000
Capitalization Subsequent to Acquisition	2,127,707
Lebanon, TN [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	1,184,000
Site, Land & Building Improvements and Rental Homes	4,034,480
Capitalization Subsequent to Acquisition	3,806,569
West Monroe, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	77,000
Site, Land & Building Improvements and Rental Homes	841,000
Capitalization Subsequent to Acquisition	1,185,676
Eatontown, NJ [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	157,421
Site, Land & Building Improvements and Rental Homes	280,749
Capitalization Subsequent to Acquisition	909,735
Caledonia, OH [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	0
Land	260,000
Site, Land & Building Improvements and Rental Homes	1,753,206
Capitalization Subsequent to Acquisition	3,156,015
Youngstown, NY [Member]	'
Summary of real estate and accumulated depreciation on real estate	'
Encumbrances	'	[2]
Land	269,000
Site, Land & Building Improvements and Rental Homes	1,606,000
Capitalization Subsequent to Acquisition	$2,122

[1]	Represents one mortgage note payable secured by two properties.
[2]	Represents one mortgage note payable secured by five properties.
[3]	Represents one mortgage not payable secured by thirteen properties.
[4]	Represents one mortgage note payable secured by eleven properties.

Real_Estate_And_Accumulated_De2

Real Estate And Accumulated Depreciation (Details 1) (USD $)	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of real estate and accumulated depreciation	'		'	'	'
Land	$33,973,214	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	331,851,198	[1],[2]	'	'	'
Total	365,824,412		253,490,055	191,252,542	168,590,072
Accumulated Depreciation	76,435,743		65,658,602	58,994,093	53,950,873
Memphis, TN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	480,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	9,326,723	[1],[2]	'	'	'
Total	9,806,723	[1],[2]	'	'	'
Accumulated Depreciation	4,102,000		'	'	'
Orrville, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	114,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,174,000	[1],[2]	'	'	'
Total	1,288,000	[1],[2]	'	'	'
Accumulated Depreciation	7,253		'	'	'
Birch Run, MI [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	70,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,982,264	[1],[2]	'	'	'
Total	3,052,264	[1],[2]	'	'	'
Accumulated Depreciation	105,779		'	'	'
Goshen, IN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	1,120,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	11,624,834	[1],[2]	'	'	'
Total	12,744,834	[1],[2]	'	'	'
Accumulated Depreciation	383,184		'	'	'
Berwick, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	372,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,996,190	[1],[2]	'	'	'
Total	5,368,190	[1],[2]	'	'	'
Accumulated Depreciation	542,690		'	'	'
Greenfield, Ctr NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	122,865	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,400,769	[1],[2]	'	'	'
Total	3,523,634	[1],[2]	'	'	'
Accumulated Depreciation	1,847,750		'	'	'
Chambersburg, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	176,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,467,051	[1],[2]	'	'	'
Total	2,643,051	[1],[2]	'	'	'
Accumulated Depreciation	125,621		'	'	'
Vineland, NJ [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	408,206	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,594,479	[1],[2]	'	'	'
Total	4,002,685	[1],[2]	'	'	'
Accumulated Depreciation	2,517,291		'	'	'
Chambersburg, PA 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	108,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,567,683	[1],[2]	'	'	'
Total	2,675,683	[1],[2]	'	'	'
Accumulated Depreciation	125,514		'	'	'
Sayre, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	124,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,076,624	[1],[2]	'	'	'
Total	2,200,624	[1],[2]	'	'	'
Accumulated Depreciation	106,142		'	'	'
Lewistown, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	137,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,029,835	[1],[2]	'	'	'
Total	1,166,835	[1],[2]	'	'	'
Accumulated Depreciation	59,522		'	'	'
Tiffin, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	142,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,350,740	[1],[2]	'	'	'
Total	3,492,740	[1],[2]	'	'	'
Accumulated Depreciation	273,000		'	'	'
Horseheads, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	196,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,459,378	[1],[2]	'	'	'
Total	2,655,378	[1],[2]	'	'	'
Accumulated Depreciation	122,132		'	'	'
Wintersville, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	67,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,527,464	[1],[2]	'	'	'
Total	3,594,464	[1],[2]	'	'	'
Accumulated Depreciation	145,321		'	'	'
Muncie, IN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	174,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,656,451	[1],[2]	'	'	'
Total	2,830,451	[1],[2]	'	'	'
Accumulated Depreciation	163,583		'	'	'
Columbia, TN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	394,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	8,462,970	[1],[2]	'	'	'
Total	8,856,970	[1],[2]	'	'	'
Accumulated Depreciation	770,042		'	'	'
Cranberry Twp, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	181,930	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,053,600	[1],[2]	'	'	'
Total	4,235,530	[1],[2]	'	'	'
Accumulated Depreciation	2,375,871		'	'	'
Athens, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	188,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,351,602	[1],[2]	'	'	'
Total	2,539,602	[1],[2]	'	'	'
Accumulated Depreciation	118,198		'	'	'
Duncansville, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	60,774	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,494,364	[1],[2]	'	'	'
Total	2,555,138	[1],[2]	'	'	'
Accumulated Depreciation	949,609		'	'	'
Clifton Park, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	391,724	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,995,037	[1],[2]	'	'	'
Total	3,386,761	[1],[2]	'	'	'
Accumulated Depreciation	1,630,167		'	'	'
Millville, NJ [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	2,534,892	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,526,671	[1],[2]	'	'	'
Total	10,061,563	[1],[2]	'	'	'
Accumulated Depreciation	4,028,517		'	'	'
Elkhart, IN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	440,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,280,526	[1],[2]	'	'	'
Total	7,720,526	[1],[2]	'	'	'
Accumulated Depreciation	254,661		'	'	'
Cranberry Twp, PA 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	75,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,808,660	[1],[2]	'	'	'
Total	4,883,660	[1],[2]	'	'	'
Accumulated Depreciation	2,288,396		'	'	'
Schuylkill Haven, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	643,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	5,535,566	[1],[2]	'	'	'
Total	6,178,566	[1],[2]	'	'	'
Accumulated Depreciation	279,769		'	'	'
Chambersburg, PA 2 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	63,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	585,275	[1],[2]	'	'	'
Total	648,275	[1],[2]	'	'	'
Accumulated Depreciation	30,096		'	'	'
Honey Brook, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	370,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,232,547	[1],[2]	'	'	'
Total	1,602,547	[1],[2]	'	'	'
Accumulated Depreciation	38,219		'	'	'
Inkerman, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	572,500	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,164,027	[1],[2]	'	'	'
Total	7,736,527	[1],[2]	'	'	'
Accumulated Depreciation	3,745,355		'	'	'
Elkhart, IN 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	510,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,346,128	[1],[2]	'	'	'
Total	7,856,128	[1],[2]	'	'	'
Accumulated Depreciation	251,677		'	'	'
Kutztown, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	404,239	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	11,025,260	[1],[2]	'	'	'
Total	11,429,499	[1],[2]	'	'	'
Accumulated Depreciation	4,913,520		'	'	'
Nashville, TN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	1,632,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	6,222,932	[1],[2]	'	'	'
Total	7,854,932	[1],[2]	'	'	'
Accumulated Depreciation	166,031		'	'	'
Monticello, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	352,972	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	8,055,206	[1],[2]	'	'	'
Total	8,408,178	[1],[2]	'	'	'
Accumulated Depreciation	3,480,802		'	'	'
Navarre, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	290,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	6,988,203	[1],[2]	'	'	'
Total	7,278,203	[1],[2]	'	'	'
Accumulated Depreciation	2,607,441		'	'	'
Cresson, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	432,700	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,064,562	[1],[2]	'	'	'
Total	4,497,262	[1],[2]	'	'	'
Accumulated Depreciation	1,384,271		'	'	'
Orrville, OH 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	113,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,135,854	[1],[2]	'	'	'
Total	1,248,854	[1],[2]	'	'	'
Accumulated Depreciation	3,454		'	'	'
Taylor, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	674,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	10,078,049	[1],[2]	'	'	'
Total	10,752,049	[1],[2]	'	'	'
Accumulated Depreciation	1,093,007		'	'	'
New Middletown, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	152,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,791,527	[1],[2]	'	'	'
Total	3,943,527	[1],[2]	'	'	'
Accumulated Depreciation	195,700		'	'	'
Wooster, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	767,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	5,429,404	[1],[2]	'	'	'
Total	6,196,404	[1],[2]	'	'	'
Accumulated Depreciation	16,495		'	'	'
Wooster, OH 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	94,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,040,000	[1],[2]	'	'	'
Total	1,134,000	[1],[2]	'	'	'
Accumulated Depreciation	3,152		'	'	'
Memphis, TN 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	335,935	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,504,440	[1],[2]	'	'	'
Total	1,840,375	[1],[2]	'	'	'
Accumulated Depreciation	1,136,878		'	'	'
Jonestown, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	114,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,124,382	[1],[2]	'	'	'
Total	1,238,382	[1],[2]	'	'	'
Accumulated Depreciation	55,954		'	'	'
Avoca, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	330,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,015,106	[1],[2]	'	'	'
Total	4,345,106	[1],[2]	'	'	'
Accumulated Depreciation	437,000		'	'	'
Narvon, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	134,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,819,362	[1],[2]	'	'	'
Total	1,953,362	[1],[2]	'	'	'
Accumulated Depreciation	87,593		'	'	'
Coxsackie, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	2,218,800	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	898,407	[1],[2]	'	'	'
Total	3,117,207	[1],[2]	'	'	'
Accumulated Depreciation	107,530		'	'	'
Elkhart, IN 2 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	500,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,938,594	[1],[2]	'	'	'
Total	8,438,594	[1],[2]	'	'	'
Accumulated Depreciation	279,650		'	'	'
Tunkhannock, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	379,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,813,814	[1],[2]	'	'	'
Total	2,192,814	[1],[2]	'	'	'
Accumulated Depreciation	197,704		'	'	'
Olmsted Falls, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	569,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,401,889	[1],[2]	'	'	'
Total	3,970,889	[1],[2]	'	'	'
Accumulated Depreciation	128,748		'	'	'
West Grove, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	155,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,399,668	[1],[2]	'	'	'
Total	2,554,668	[1],[2]	'	'	'
Accumulated Depreciation	1,812,334		'	'	'
Carlisle, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	145,473	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	6,017,859	[1],[2]	'	'	'
Total	6,163,332	[1],[2]	'	'	'
Accumulated Depreciation	1,943,809		'	'	'
Apollo, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	732,089	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,997,771	[1],[2]	'	'	'
Total	4,729,860	[1],[2]	'	'	'
Accumulated Depreciation	1,707,088		'	'	'
Bloomsburg, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	282,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,611,617	[1],[2]	'	'	'
Total	2,893,617	[1],[2]	'	'	'
Accumulated Depreciation	263,393		'	'	'
Belle Vernon, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	505,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	10,386,594	[1],[2]	'	'	'
Total	10,891,594	[1],[2]	'	'	'
Accumulated Depreciation	4,895,376		'	'	'
Marion, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	236,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	5,481,192	[1],[2]	'	'	'
Total	5,717,192	[1],[2]	'	'	'
Accumulated Depreciation	2,619,902		'	'	'
Carlisle, PA 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	301,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,456,539	[1],[2]	'	'	'
Total	1,757,539	[1],[2]	'	'	'
Accumulated Depreciation	16,958		'	'	'
Magnolia, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	270,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,004,809	[1],[2]	'	'	'
Total	7,274,809	[1],[2]	'	'	'
Accumulated Depreciation	3,649,839		'	'	'
Nashville, TN 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	337,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,352,116	[1],[2]	'	'	'
Total	4,689,116	[1],[2]	'	'	'
Accumulated Depreciation	375,156		'	'	'
Somerset, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	1,488,600	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,193,822	[1],[2]	'	'	'
Total	8,682,422	[1],[2]	'	'	'
Accumulated Depreciation	1,932,000		'	'	'
Columbiana, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	63,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,513,362	[1],[2]	'	'	'
Total	3,576,362	[1],[2]	'	'	'
Accumulated Depreciation	167,820		'	'	'
Jackson, NJ [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	100,095	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	3,052,452	[1],[2]	'	'	'
Total	3,152,547	[1],[2]	'	'	'
Accumulated Depreciation	1,797,560		'	'	'
Athens, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	67,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,926,547	[1],[2]	'	'	'
Total	2,993,547	[1],[2]	'	'	'
Accumulated Depreciation	1,140,247		'	'	'
Greensburg, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	299,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	6,232,836	[1],[2]	'	'	'
Total	6,531,836	[1],[2]	'	'	'
Accumulated Depreciation	770,224		'	'	'
Somerset, PA 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	287,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	6,268,833	[1],[2]	'	'	'
Total	6,555,833	[1],[2]	'	'	'
Accumulated Depreciation	813,402		'	'	'
Eagleville, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	450,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,697,132	[1],[2]	'	'	'
Total	3,147,132	[1],[2]	'	'	'
Accumulated Depreciation	81,736		'	'	'
Goodlettsville, TN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	411,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,845,908	[1],[2]	'	'	'
Total	3,256,908	[1],[2]	'	'	'
Accumulated Depreciation	237,420		'	'	'
Olmsted Falls, OH 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	823,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,106,415	[1],[2]	'	'	'
Total	4,929,415	[1],[2]	'	'	'
Accumulated Depreciation	153,411		'	'	'
Goshen, IN 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	650,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	6,582,766	[1],[2]	'	'	'
Total	7,232,766	[1],[2]	'	'	'
Accumulated Depreciation	207,135		'	'	'
Ephrata, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	191,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,437,567	[1],[2]	'	'	'
Total	4,628,567	[1],[2]	'	'	'
Accumulated Depreciation	229,000		'	'	'
Ephrata, PA 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	72,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,747,035	[1],[2]	'	'	'
Total	1,819,035	[1],[2]	'	'	'
Accumulated Depreciation	89,980		'	'	'
Doylestown, PA [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	2,650,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	8,216,405	[1],[2]	'	'	'
Total	10,866,405	[1],[2]	'	'	'
Accumulated Depreciation	250,580		'	'	'
Honey Brook, PA 1 [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	1,380,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	5,366,245	[1],[2]	'	'	'
Total	6,746,245	[1],[2]	'	'	'
Accumulated Depreciation	176,825		'	'	'
Hamburg, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	424,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	5,939,707	[1],[2]	'	'	'
Total	6,363,707	[1],[2]	'	'	'
Accumulated Depreciation	2,682,069		'	'	'
Lebanon, TN [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	1,184,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	7,841,049	[1],[2]	'	'	'
Total	9,025,049	[1],[2]	'	'	'
Accumulated Depreciation	1,588,498		'	'	'
West Monroe, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	77,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	2,026,676	[1],[2]	'	'	'
Total	2,103,676	[1],[2]	'	'	'
Accumulated Depreciation	578,668		'	'	'
Eatontown, NJ [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	135,420	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,212,485	[1],[2]	'	'	'
Total	1,347,905	[1],[2]	'	'	'
Accumulated Depreciation	574,000		'	'	'
Caledonia, OH [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	260,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	4,909,221	[1],[2]	'	'	'
Total	5,169,221	[1],[2]	'	'	'
Accumulated Depreciation	1,994,158		'	'	'
Youngstown, NY [Member]	'		'	'	'
Summary of real estate and accumulated depreciation	'		'	'	'
Land	269,000	[1],[2]	'	'	'
Site, Land & Building Improvements and Rental Homes	1,608,121	[1],[2]	'	'	'
Total	1,877,121	[1],[2]	'	'	'
Accumulated Depreciation	$4,902		'	'	'

[1]	Represents one mortgage note payable secured by two properties.
[2]	Represents one mortgage not payable secured by thirteen properties.

Real_Estate_And_Accumulated_De3

Real Estate And Accumulated Depreciation (Details 2)	12 Months Ended
Real Estate And Accumulated Depreciation (Details 2)	Dec. 31, 2013
Memphis, TN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1986
Depreciable Life (in years)	'5 to 27.5
Berwick, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1973-1976
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
Greenfield, Ctr NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1970
Date Acquired	'1977
Depreciable Life (in years)	'5 to 27.5
Chambersburg, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1963
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Vineland, NJ [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1973
Date Acquired	'1986
Depreciable Life (in years)	'27.5
Chambersburg, PA 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1955
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Sayre, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Lewistown, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'2011
Depreciable Life (in years)	'5 to 27.5
Tiffin, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1968/1987
Date Acquired	'2011
Depreciable Life (in years)	'27.5
Horseheads, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1970
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Wintersville, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Muncie, IN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1996
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Columbia, TN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1988/1992
Date Acquired	'2011
Depreciable Life (in years)	'5 to 27.5
Cranberry Twp, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1974
Date Acquired	'1986
Depreciable Life (in years)	'5 to 27.5
Athens, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1964
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Duncansville, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1961
Date Acquired	'1979
Depreciable Life (in years)	'5 to 27.5
Clifton Park, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'1978
Depreciable Life (in years)	'5 to 27.5
Millville, NJ [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1985
Depreciable Life (in years)	'5 to 27.5
Cranberry Twp, PA 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1982
Depreciable Life (in years)	'5 to 27.5
Schuylkill Haven, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1969
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Chambersburg, PA 2 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1978
Date Acquired	'2012
Depreciable Life (in years)	'27.5
Inkerman, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1970
Date Acquired	'1992
Depreciable Life (in years)	'5 to 27.5
Kutztown, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1971
Date Acquired	'1979
Depreciable Life (in years)	'5 to 27.5
Nashville, TN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1967
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Monticello, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'1988
Depreciable Life (in years)	'5 to 27.5
Navarre, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1987
Depreciable Life (in years)	'5 to 27.5
Cresson, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'2001
Depreciable Life (in years)	'5 to 27.5
Taylor, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
New Middletown, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1957
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Wooster, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1970-1978
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Wooster, OH 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1995
Date Acquired	'2013
Depreciable Life (in years)	'27.5
Memphis, TN 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1955
Date Acquired	'1985
Depreciable Life (in years)	'27.5
Jonestown, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1969
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Avoca, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
Narvon, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Coxsackie, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date Acquired	'2005
Depreciable Life (in years)	'5 to 27.5
Tunkhannock, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
Olmsted Falls, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1953/1970
Date Acquired	'2012
Depreciable Life (in years)	'27.5
West Grove, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1971
Date Acquired	'1974
Depreciable Life (in years)	'5 to 27.5
Carlisle, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1961
Date Acquired	'1969
Depreciable Life (in years)	'5 to 27.5
Bloomsburg, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1960's
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
Belle Vernon, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1973
Date Acquired	'1983
Depreciable Life (in years)	'5 to 27.5
Marion, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1950
Date Acquired	'1986
Depreciable Life (in years)	'5 to 27.5
Magnolia, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1985
Depreciable Life (in years)	'5 to 27.5
Somerset, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'2004
Depreciable Life (in years)	'27.5
Columbiana, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1983
Date Acquired	'2012
Depreciable Life (in years)	'27.5
Jackson, NJ [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1969
Date Acquired	'1969
Depreciable Life (in years)	'5 to 27.5
Athens, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1996
Depreciable Life (in years)	'5 to 27.5
Greensburg, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1968/1980
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
Somerset, PA 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1970
Date Acquired	'2010
Depreciable Life (in years)	'5 to 27.5
Goodlettsville, TN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1964
Date Acquired	'2011
Depreciable Life (in years)	'5 to 27.5
Olmsted Falls, OH 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1952/1997
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Apollo, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1995
Depreciable Life (in years)	'5 to 27.5
Ephrata, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1961
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Ephrata, PA 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1999
Date Acquired	'2012
Depreciable Life (in years)	'5 to 27.5
Hamburg, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1997
Depreciable Life (in years)	'5 to 27.5
West Monroe, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'2003
Depreciable Life (in years)	'5 to 27.5
Lebanon, TN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1997
Date Acquired	'2006
Depreciable Life (in years)	'5 to 27.5
Eatontown, NJ [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1964
Date Acquired	'1978
Depreciable Life (in years)	'5 to 27.5
Caledonia, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'prior to 1980
Date Acquired	'1996
Depreciable Life (in years)	'5 to 27.5
Orrville, OH [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1971/1985/1995
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Birch Run, MI [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1976-1977
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Goshen, IN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1950/1990
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Elkhart, IN [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1996-1997
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Honey Brook, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1970
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Elkhart, IN 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1969
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Orrville, OH 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1968
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Elkhart, IN 2 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1990
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Carlisle, PA 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1972-1975
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Nashville, TN 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1954
Date Acquired	'2011
Depreciable Life (in years)	'5 to 27.5
Eagleville, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1960
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Goshen, IN 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1956/1990
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Doylestown, PA [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1959
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Honey Brook, PA 1 [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1970
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5
Youngstown, NY [Member]	'
Summary of real estate and accumulated depreciation	'
Date of Construction	'1963
Date Acquired	'2013
Depreciable Life (in years)	'5 to 27.5

Real_Estate_And_Accumulated_De4

Real Estate And Accumulated Depreciation (Details 3) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Schedule of reconciliation of fixed assets	'	'	'
Balance - Beginning of Year	$253,490,055	$191,252,542	$168,590,072
Additions:	'	'	'
Acquisitions	88,211,013	47,376,000	17,498,300
Improvements	26,041,264	16,121,717	5,935,642
Total Additions	114,252,277	63,497,717	23,433,942
Deletions	-1,917,920	-1,260,204	-771,472
Balance - End of Year	$365,824,412	$253,490,055	$191,252,542

Real_Estate_And_Accumulated_De5

Real Estate And Accumulated Depreciation (Details 4) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Schedule of reconciliation of accumulated depreciation	'	'	'
Balance - Beginning of Year	$65,658,602	$58,994,093	$53,950,873
Additions:	'	'	'
Depreciation	11,318,194	6,869,251	5,273,809
Total Additions	11,318,194	6,869,251	5,273,809
Deletions	-541,053	-204,742	-230,589
Balance - End of Year	$76,435,743	$65,658,602	$58,994,093

Real_Estate_And_Accumulated_De6

Real Estate And Accumulated Depreciation (Details Textual)	12 Months Ended
	Dec. 31, 2013
	Property
	Home_Site
Memphis, TN [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	2
Berwick, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Chambersburg, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Chambersburg, PA 1 [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Sayre, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Tiffin, OH [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	2
Horseheads, NY [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Athens, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Clifton Park, NY [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	2
Schuylkill Haven, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Chambersburg, PA 2 [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Taylor, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Jonestown, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Avoca, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Narvon, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Bloomsburg, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Greensburg, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	2
Ephrata, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Ephrata, PA 1 [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	11
Hamburg, NY [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	2
Tunkhannock, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Birch Run, MI [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Orrville, OH [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Goshen, IN [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Wintersville, OH [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Elkhart, IN [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Honey Brook, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
New Middletown, OH [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Wooster, OH [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Wooster, OH 1 [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Columbiana, OH [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Somerset, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	2
Eagleville, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Doylestown, PA [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13
Youngstown, NY [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Orrville, OH 1 [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	5
Elkhart, IN 1 [Member]	'
Real Estate and Accumulated Depreciation (Textual)	'
Number of mortgage note payable secured by properties	1
Number of properties placed for mortgage note payable	13