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Consolidated Statements Of Operations (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Rental income from operating leases $ 10,552 $ 9,020 $ 31,451 $ 26,826
Advisory services income - related party 1,069 957 2,784 2,973
Total revenues 11,621 9,977 34,235 29,799
Expenses:        
General and administrative 2,161 1,773 6,191 4,836
Property expense 3,294 2,418 9,137 6,913
Legal and professional 290 223 796 669
Real estate commissions 150 129 254 268
Acquisition costs 171    297   
Depreciation and amortization 2,897 2,210 8,922 6,545
Impairment recovery - notes receivable    (214)    (443)
Total expenses 8,963 6,539 25,597 18,788
Operating income 2,658 3,438 8,638 11,011
Other income (expense):        
Gain on sale of real estate acquired for investment       7,696   
Interest and other income 184 125 451 362
Interest and other income - related party 71 236 180 393
Loss from Advised Funds (111) (26) (67) (128)
State income tax expense (14) (16) (29) (21)
Interest expense (2,335) (2,763) (7,095) (7,992)
Income from continuing operations 453 994 9,774 3,625
Income from discontinued operations, net of taxes 13 29 69 101
Gain on sale of real estate acquired for resale, net of taxes 799    799   
Income from discontinued operations 812 29 868 101
Net income $ 1,265 $ 1,023 $ 10,642 $ 3,726
Net income per share of common stock - basic and diluted        
Income before discontinued operations $ 0.02 $ 0.07 $ 0.57 $ 0.28
Income from discontinued operations $ 0.04   $ 0.05 $ 0.01
Net income per share of common stock - basic and diluted $ 0.06 $ 0.07 $ 0.62 $ 0.29
Weighted average shares of common stock used to compute net income per share, basic and diluted 18,356,000 [1] 14,051,000 [1] 16,528,000 [1] 12,294,000 [1]
Distributions per share of common stock $ 0.20 $ 0.20 $ 0.60 $ 0.60
[1] Weighted average shares outstanding do not include unvested shares of restricted stock totaling 560 and 440 for the three months ended September 30, 2013, and 2012, respectively, and 555 and 297 for the nine months ended September 30, 2013 and 2012, respectively.