Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2013



			Advisory Services
For the three months ended March 31, 2013			Real Estate Operating and		Advised
	Portfolio		Development		Funds		Total
Rental income from operating
leases	$	11,036	$	38	$	-	$	11,074
Advisory services income - related
party		-		688		155		843
Total revenue		11,036		726		155		11,917

General and administrative		755		1,170		26		1,951
Property expense		3,119		-		-		3,119
Legal and professional		242		10		-		252
Real estate commissions		1		51		-		52
Depreciation and amortization		3,293		6		-		3,299
Total expenses		7,410		1,237		26		8,673

Interest expense		(2,493)		-		-		(2,493)
Other income/(expense)		7,793		-		(148)		7,645
Net income (loss)	$	8,926	$	(511)	$	(19)	$	8,396


			Advisory Services
For the three months ended March 31, 2012			Real Estate Operating and		Advised
	Portfolio		Development		Funds		Total
Rental income from operating
leases	$	8,885	$	44	$	-	$	8,929
Advisory services income - related
party		-		976		155		1,131
Total revenue		8,885		1,020		155		10,060

General and administrative		407		1,049		28		1,484
Property expense		2,213		-		-		2,213
Legal and professional		198		23		-		221
Real estate commissions		-		86		-		86
Depreciation and amortization		2,221		6		-		2,227
Total expenses		5,039		1,164		28		6,231

Interest expense		(2,634)		-		-		(2,634)
Other income/(expense)		97		1		(36)		62
Net income (loss)	$	1,309	$	(143)	$	91	$	1,257

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details