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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUE:    
Rental income $ 7,353 $ 4,178
Tenant reimbursement income 366 223
Other income 416 287
Total revenue 8,135 4,688
EXPENSES:    
Property operating expenses 3,988 2,165
General and administrative expenses 168 177
Asset management fees 146 82
Acquisition expenses 362  
Depreciation and amortization 2,123 1,036
Total expenses 6,787 3,460
Operating income 1,348 1,228
Interest expense (1,299) (888)
Interest income 4  
Gain (loss) on assets 2,882  
Net income (loss): 2,935 340
(Income) loss allocated to preferred shares   (4)
(Income) loss allocated to non-controlling interests   (332)
Net income (loss) allocable to common shares $ 2,935 [1] $ 4 [1]
Earnings (loss) per share:    
Basic $ 0.19 $ 0.01
Diluted $ 0.19 $ 0.00
Weighted-average shares:    
Basic 15,198,096 345,910
Diluted 15,213,951 5,620,810
[1] The fair value of a property acquired exceeded the purchase price and a gain of $2,882 was recorded.