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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Land $ 138,404 $ 138,404
Buildings 172,699 172,146
Tenant improvements 16,136 14,483
Real estate investments at cost, gross 327,239 325,033
Less accumulated depreciation and amortization (38,068) (33,865)
Real estate investments at cost, net 289,171 291,168
Acquired lease intangibles, net 8,437 10,139
Investments in Advised Funds 8,062 8,322
Net real estate investments 305,670 309,629
Cash and cash equivalents 12,324 1,050
Tenant and accounts receivable, net 4,222 4,340
Accounts receivable - related party, net 1,054 645
Notes receivable, net 2,634 3,412
Notes receivable - related party, net 7,391 6,513
Deferred costs, net 3,449 2,887
Other assets 2,726 2,134
TOTAL ASSETS 339,470 330,610
Liabilities:    
Notes payable 161,995 201,658
Accounts payable and other liabilities 7,689 8,007
Acquired below-market lease intangibles, net 1,800 2,021
TOTAL LIABILITIES 171,484 211,686
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued      
Capital in excess of par value 245,184 192,005
Accumulated distributions in excess of earnings (77,360) (73,197)
TOTAL STOCKHOLDERS' EQUITY 167,986 118,924
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 339,470 330,610
Class A Common Stock [Member]
   
Stockholders' equity:    
Common stock 117 116
Class B Common Stock [Member]
   
Stockholders' equity:    
Common stock $ 45