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Subsequent Events | 6 Months Ended
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Jun. 30, 2014
Subsequent Events |
Subsequent Events | 9. Subsequent Events On July 3, 2014, the Company extended the maturity date on an existing Sponsored REIT Loan in the form of a mortgage loan of $33.0 million and entered into a new Sponsored REIT Loan in the form of a secured revolving line of credit for advances of up to $20.0 million with one of the Company’s Sponsored REITs, FSP Energy Tower I Corp. The maturity date on both loans is July 3, 2015. On July 11 2014, the Board of Directors of the Company declared a cash distribution of $0.19 per share of common stock payable on August 14, 2014 to stockholders of record on July 25, 2014.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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