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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:          
Net income (loss) $ 966 $ 378 $ 427 $ (370) $ 4
Depreciation and amortization 3,107 2,471 3,466 1,771 0
Amortization of deferred financing costs 54 104 121 15 0
Changes in assets and liabilities:          
Accounts receivable and other assets (632) (338) 240 (333) 0
Accounts payable and accrued expenses 218 237 164 1,075 (1)
Other liabilities 13 (11) 66 38 0
Cash flow from operating activities 3,726 2,841 4,484 2,196 3
Cash flows from investing activities:          
Acquisition of real estate properties (13,020)   (15,781) (18,244) 0
Capital expenditures (1,130) (870) (1,148) (868) 0
(Increase) decrease in restricted cash 74 (122) 1 324 0
Cash flow from investing activities (14,076) (992) (16,928) (18,788) 0
Cash flows from financing activities:          
Proceeds from issuance of preferred stock   100 100 0 0
Proceeds from issuance of common stock 31,461 3,015 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) reimbursements for deferred financing costs (102) 7 7 (338) 0
Distributions on preferred stock (10) (8) (15) 0 0
Debt repayments (129)        
Redemption of preferred shares (137)        
Redemption of non-controlling interests (3,500)        
Distributions on common stock (1,435) (101) (149) (5) 0
Distributions to non-controlling interests (1,805) (2,351) (3,004) (1,017) 0
Net cash from financing activities 24,343 662 13,870 17,490 0
Net change in cash and cash equivalents 13,993 2,511 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 16,526 3,618 2,533 1,107 209
Supplemental cash flow information:          
Cash paid for interest 2,641 2,371 3,271 1,727 0
Mortgage indebtedness assumed to acquire real estate properties     0 64,575 0
Non cash decrease in non-controlling interests from conversion of limited partnership units to shares of common stock 43,585        
Non-controlling interests issued to acquire real estate properties     $ 0 $ 47,233 $ 0