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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:          
Net income (loss) $ 340 $ 153 $ 427 $ (370) $ 4
Depreciation and amortization 1,036 820 3,466 1,771 0
Amortization of deferred financing costs 18 12 121 15 0
Changes in assets and liabilities:          
Accounts Receivable and other assets 61 269 240 (333) 0
Accounts payable and accrued expenses (114) (94) 164 1,075 (1)
Other liabilities 40 4 66 38 0
Cash flow from operating activities 1,381 1,164 4,484 2,196 3
Cash flows from investing activities:          
Acquisition of real estate properties     (15,781) (18,244) 0
Capital expenditures (244) (260) (1,148) (868) 0
(Increase) decrease in restricted cash (26) (132) 1 324 0
Cash flow from investing activities (270) (392) (16,928) (18,788) 0
Cash flows from financing activities:          
Proceeds from issuance of preferred stock 0 101 100 0 0
Proceeds from issuance of common stock 102 3,000 3,193 0 0
Proceeds from issuance of non-controlling interests     3,500 1,250 0
Proceeds from mortgage indebtedness     10,238 17,600 0
Proceeds from repayment of short-term notes     0 0 (200)
Issuance of short-term notes     0 0 200
Proceeds from subscriptions     0 0 1,130
Subscriptions payable     0 0 (1,130)
Payments for deferred financing costs (102) (3) 7 (338) 0
Distributions on preferred stock     (15) 0 0
Distributions on common stock (50) (3) (149) (5) 0
Distributions to non-controlling interests (866) (760) (3,004) (1,017) 0
Net cash from financing activities (916) 2,335 13,870 17,490 0
Net change in cash and cash equivalents 195 3,107 1,426 898 3
Cash and cash equivalents at the beginning of the period 2,533 1,107 1,107 209 206
Cash and cash equivalents at the end of the period 2,728 4,214 2,533 1,107 209
Supplemental cash flow information:          
Cash paid for interest 871 787 3,271 1,727 0
Mortgage indebtedness assumed to acquire real estate properties     0 64,575 0
Non-controlling interests issued to acquire real estate properties     $ 0 $ 47,233 $ 0