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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ 664 $ 392
Depreciation and amortization 2,099 1,631
Amortization of deferred financing costs 36 92
Changes in assets and liabilities:    
Accounts receivable and other assets (665) (64)
Accounts payable and accrued expenses (116) (155)
Other liabilities 38 (21)
Net cash from operating activities 2,056 1,875
Cash flows from investing activities:    
Capital expenditures (673) (592)
Increase in restricted cash 294 89
Net cash from investing activities (379) (503)
Cash flows from financing activities:    
Proceeds from issuance of preferred stock   100
Proceeds from issuance of common stock 207 2,970
Payments for deferred financing costs (102) 7
Debt repayments (53)  
Distributions on common stock (333) (52)
Distributions on preferred stock (8) (8)
Distributions to non-controlling interests (1,673) (1,556)
Net cash from financing activities (1,962) 1,461
Net change in cash and cash equivalents (285) 2,833
Cash and cash equivalents, beginning of period 2,533 1,107
Cash and cash equivalents, end of the period 2,248 3,940
Supplemental cash flow information:    
Cash paid for interest 1,752 1,575
Non cash decrease in noncontrolling interest from conversion of common limited partnership units to shares of common stock $ 43,532