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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUE:        
Rental income $ 10,613 $ 4,218 $ 17,966 $ 8,396
Tenant reimbursement income 436 220 802 443
Other income 600 262 1,016 549
Total revenue 11,649 4,700 19,784 9,388
EXPENSES:        
Property operating expenses 5,585 2,241 9,573 4,406
General and administrative expenses 378 94 546 271
Asset Management Fees 501 79 647 161
Acquisition expenses 152   514  
Depreciation and amortization 3,232 1,063 5,355 2,099
Total expenses 9,848 3,477 16,635 6,937
Operating income 1,801 1,223 3,149 2,451
Interest expense (1,930) (899) (3,229) (1,787)
Interest income 1 0 5 0
Gain (loss) on assets     2,882  
Net income (loss): (128) 324 2,807 664
Income allocated to preferred shares 0 (4) 0 (8)
Income (loss) allocated to noncontrolling interest 0 (272) 0 (604)
Net income (loss) allocable to common shares $ (128) $ 48 $ 2,807 $ 52
Earnings (loss) per share:        
Basic $ (0.01) $ 0.01 $ 0.17 $ 0.03
Diluted $ (0.01) $ 0.01 $ 0.17 $ 0.03
Weighted-average shares:        
Basic 17,707,287 3,556,349 16,459,623 1,959,998
Diluted 17,707,287 3,556,349 16,484,357 1,959,998