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Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Schedule Of Mortgage Notes Payable [Table Text Block]
The following is a summary of mortgage notes payable as of June 30, 2013:
 
 
 
Encumbered
Properties
 
Balance
 
 
Interest Rate
 
Maturity Date
 
Fixed-rate mortgages
 
 
4
 
$
45,737
 
 
0.00% to 6.95%
 
June 2014 to June 2029
 
Variable-rate mortgages
 
 
-
 
 
-
 
 
n/a
 
n/a
 
Total mortgage notes payable
 
 
4
 
 
45,737
 
 
 
 
 
 
Above/below market interest
 
 
 
 
 
2,977
 
 
 
 
 
 
Balance at June 30, 2013
 
 
4
 
$
48,714
 
 
 
 
 
 
Schedule of Maturities of Long-term Debt [Table Text Block]
Combined aggregate principal maturities of the Company's mortgage loans as of June 30, 2013 are as follows:
 
 
 
Interest
Payments
 
Principal
Payments
 
Total
 
July 1 to December 31, 2013
 
$
993
 
$
525
 
$
1,518
 
2014
 
 
2,234
 
 
6,247
 
 
8,481
 
2015
 
 
2,155
 
 
1,335
 
 
3,490
 
2016
 
 
2,071
 
 
1,420
 
 
3,491
 
2017
 
 
1,981
 
 
1,509
 
 
3,490
 
Thereafter
 
 
10,033
 
 
34,701
 
 
44,734
 
Above / Below Market Interest
 
 
-
 
 
2,977
 
 
2,977
 
Total
 
$
19,467
 
$
48,714
 
$
68,181