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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Rental revenues $ 6,051 $ 2,919 $ 11,357 $ 5,502
Tenant expense reimbursements 1,548 847 2,848 1,634
Total revenues 7,599 3,766 14,205 7,136
COSTS AND EXPENSES        
Property operating expenses 2,100 1,488 4,008 2,951
Depreciation and amortization 1,918 1,042 3,743 2,001
General and administrative 1,886 1,480 3,301 3,088
Acquisition costs 324 1,256 1,038 1,538
Total costs and expenses 6,228 5,266 12,090 9,578
OTHER INCOME (EXPENSE)        
Interest and other income 2 3 3 7
Interest expense, including amortization (1,116) (464) (2,128) (832)
Total other income and expenses (1,114) (461) (2,125) (825)
Net and comprehensive income (loss) 257 (1,961) (10) (3,267)
Allocation to participating securities (2)         
Net and comprehensive income (loss) available to common stockholders $ 255 $ (1,961) $ (10) $ (3,267)
Basic and Diluted net income (loss) available to common stockholders per share $ 0.02 $ (0.21) $ 0.00 $ (0.36)
Basic and Diluted Weighted Average Common Shares Outstanding 13,276,892 9,164,741 12,983,363 9,148,890
Dividends Declared per Common Share $ 0.12 $ 0.10 $ 0.22 $ 0.20