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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUE:        
Rental income $ 4,218 $ 3,652 $ 8,396 $ 7,218
Tenant reimbursement and other property income 220 201 443 394
Other income 262 233 549 464
Total revenue 4,700 4,086 9,388 8,076
EXPENSES:        
Property operating expenses 2,241 1,924 4,406 3,809
General and administrative expenses 94 247 271 499
Asset Management Fees 79 53 161 106
Acquisition expenses   13   40
Depreciation and amortization 1,063 811 2,099 1,631
Total expenses 3,477 3,048 6,937 6,085
Operating Income 1,223 1,038 2,451 1,991
Interest expense (899) (799) (1,787) (1,599)
Net income (loss): 324 239 664 392
Income allocated to preferred shares (4) (4) (8) (8)
Income (loss) allocated to non-controlling interest (272) (249) (604) (424)
Net income (loss) allocable to common shares $ 48 $ (14) $ 52 $ (40)
Earnings (loss) per share:        
Basic $ 0.01 $ (0.04) $ 0.03 $ (0.18)
Diluted $ 0.01 $ (0.04) $ 0.03 $ (0.18)
Weighted-average shares:        
Basic 3,556,349 320,000 1,959,998 222,747
Diluted 3,556,349 320,000 1,959,998 222,747
Dividends declared per common share $ 0.16 $ 0.15 $ 0.31 $ 0.30