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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUE:    
Rental income$ 2,855$ 0$ 4,788$ 0
Tenant reimbursement and other property income16602730
Other income20103355
Total revenue3,22205,3965
EXPENSES:    
Property operating expenses1,72102,8250
General and administrative expenses24903480
Acquisition expenses5804040
Depreciation and amortization63001,0830
Total expenses2,65804,6600
Operating Income56407365
Interest expense(629)0(1,053)0
Net income (loss) before income taxes:(65)0(317)5
Income tax provision0(1)0(1)
Net income (loss):(65)(1)(317)4
Loss allocated to non-controlling interest1702330
Net income (loss) allocable to common shares$ (48)$ (1)$ (84)$ 4
Earnings (loss) per share:    
Basic$ (2.40)$ (0.06)$ (4.20)$ 0.20
Diluted$ (2.40)$ (0.06)$ (4.20)$ 0.09
Weighted-average shares:    
Basic20,00020,00020,00020,000
Diluted20,00020,00020,00044,729