CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues:
Rental revenues	$ 1,628,000	$ 1,349,000	$ 3,364,000	$ 2,635,000
Resident services and fee income	1,460,000	0	1,460,000	0
Tenant reimbursements and other income	172,000	112,000	373,000	214,000
Interest income from notes receivable	0	13,000	4,000	26,000
Revenues, Total	3,260,000	1,474,000	5,201,000	2,875,000
Expenses:
Property operating costs	1,697,000	161,000	2,045,000	304,000
General and administrative	1,106,000	825,000	1,776,000	1,858,000
Asset management fees and expenses	0	296,000	205,000	594,000
Real estate acquisition costs	0	0	4,000	136,000
Depreciation and amortization	873,000	622,000	2,111,000	1,082,000
(Collection of ) Reserve for excess advisor obligation	0	(50,000)	189,000	(50,000)
Costs and Expenses, Total	3,676,000	1,854,000	6,330,000	3,924,000
Operating loss	(416,000)	(380,000)	(1,129,000)	(1,049,000)
Other income and (expense):
Other income	90,000	10,000	104,000	10,000
Interest expense	(717,000)	(492,000)	(1,437,000)	(943,000)
Loss from continuing operations	(1,043,000)	(862,000)	(2,462,000)	(1,982,000)
Discontinued operations:
Loss	(71,000)	(7,000)	(236,000)	0
Impairment of real estate	0	(3,368,000)	0	(3,368,000)
Gain on sales of real estate	0	37,000	0	4,088,000
Income (loss) from discontinued operations	(71,000)	(3,338,000)	(236,000)	720,000
Net loss	(1,114,000)	(4,200,000)	(2,698,000)	(1,262,000)
Noncontrolling interest’s share in losses	233,000	184,000	578,000	464,000
Net loss applicable to common shares	$ (881,000)	$ (4,016,000)	$ (2,120,000)	$ (798,000)
Basic and diluted loss per common share
Continuing operations (in dollars per share)	$ (0.04)	$ (0.04)	$ (0.10)	$ (0.09)
Discontinued operations (in dollars per share)	$ 0	$ (0.14)	$ 0	$ 0.05
Net loss applicable to common shares (in dollars per share)	$ (0.04)	$ (0.18)	$ (0.10)	$ (0.04)
Weighted average shares used to calculate basic and diluted net loss per common share	23,028,014	23,028,285	23,028,014	23,028,285
Distributions declared per common share	$ 0.00	$ 0.00	$ 0.00	$ 0.00