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Consolidated Statements of Operations (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
REVENUE:        
Rental income $ 3,652 $ 1,933 $ 7,218 $ 1,933
Tenant reimbursement and other property income 201 107 394 107
Other income 233 134 464 134
Total revenue 4,086 2,174 8,076 2,174
EXPENSES:        
Property operating expenses 1,924 1,104 3,809 1,104
General and administrative expenses 300 42 605 99
Acquisition expenses 13 340 40 346
Depreciation and amortization 811 453 1,631 453
Total expenses 3,048 1,939 6,085 2,002
Operating income 1,038 235 1,991 172
Interest expense (799) (424) (1,599) (424)
Net income (loss) 239 (189) 392 (252)
Income allocated to preferred shares (4) 0 (8) 0
Income (loss) allocated to non-controlling interest (249) 216 (424) 216
Net income (loss) allocable to common shares $ (14) $ 27 $ (40) $ (36)
Earnings (loss) per share:        
Basic $ (0.04) $ 1.35 $ (0.18) $ (1.80)
Diluted $ (0.04) $ 1.35 $ (0.18) $ (1.80)
Weighted-average shares:        
Basic 320,000 20,000 222,747 20,000
Diluted 320,000 20,000 222,747 20,000