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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUE:        
Rental income $ 3,609 $ 2,855 $ 10,827 $ 4,788
Tenant reimbursement and other property income 202 166 596 273
Other income 230 201 694 335
Total revenue 4,041 3,222 12,117 5,396
EXPENSES:        
Property operating expenses 2,099 1,721 5,908 2,825
General and administrative expenses 255 249 860 348
Acquisition expenses 52 58 92 404
Depreciation and amortization 840 630 2,471 1,083
Total expenses 3,246 2,658 9,331 4,660
Operating income 795 564 2,786 736
Interest expense (809) (629) (2,408) (1,053)
Net income (loss) (14) (65) 378 (317)
Income allocated to preferred shares (4) 0 (12) 0
Income (loss) allocated to non-controlling interest (10) 17 (434) 233
Net income (loss) allocable to common shares $ (28) $ (48) $ (68) $ (84)
Earnings (loss) per share:        
Basic $ (0.09) $ (2.40) $ (0.26) $ (4.20)
Diluted $ (0.09) $ (2.40) $ (0.26) $ (4.20)
Weighted-average shares:        
Basic 324,359 20,000 256,883 20,000
Diluted 324,359 20,000 256,883 20,000