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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUE:    
Rental income $ 4,178 $ 3,566
Tenant reimbursement and other property income 223 193
Other income 287 231
Total revenue 4,688 3,990
EXPENSES:    
Property operating expenses 2,165 1,885
General and administrative expenses 259 305
Acquisition expenses 0 27
Depreciation and amortization 1,036 820
Total expenses 3,460 3,037
Operating Income 1,228 953
Interest expense (888) (800)
Net income (loss): 340 153
Income allocated to preferred shares (4) (4)
Income (loss) allocated to non-controlling interest (332) (175)
Net income (loss) allocable to common shares $ 4 $ (26)
Earnings (loss) per share:    
Basic $ 0.01 $ (0.21)
Diluted $ 0.00 $ (0.21)
Weighted-average shares:    
Basic 345,910 125,495
Diluted 5,620,810 125,495
Dividends declared per common share $ 0.15 $ 0.15