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Condensed Consolidated Balance Sheets (Unaudited) (Successor, USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Successor
   
Real Estate:    
Land $ 5,020 $ 5,020
Buildings and improvements 102,002 102,002
Less: accumulated depreciation and amortization (2,845) (1,293)
Total real estate, net 104,177 105,729
Cash and cash equivalents 13,938 5,032
Investment in loans 6,971 8,552
Investments in partially-owned entities 29,391 39,200
Accrued interest receivable 20 64
Identified intangible assets - leases in place, net 6,218 6,477
Other assets 2,764 1,822
Total Assets 163,479 166,876
Liabilities:    
Mortgage notes payable 81,240 81,684
Accounts payable and accrued expenses 1,561 1,570
Accrued expenses payable to related party 225 39
Obligation to issue operating partnership units 463 2,095
Other liabilities 131 525
Total Liabilities 83,620 85,913
Commitments and Contingencies    
Stockholders' Equity    
Preferred stock; $0.001 par value, 100,000,000 shares authorized, none issued or outstanding 0 0
Common stock: $0.001 par value, 250,000,000 shares authorized 10,154,294 and 10,064,982 shares issued and outstanding, respectively 11 11
Additional paid-in capital 83,729 83,416
Accumulated deficit (3,881) (2,464)
Total Stockholders' Equity 79,859 80,963
Total Liabilities and Stockholders' Equity $ 163,479 $ 166,876