CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
Rental revenue	$ 2,323	$ 957
Expenses:
Property operating expenses	1,645	425
Real estate taxes	152	45
General and administrative costs	439	321
Depreciation and amortization	376	92
Total operating expenses	2,612	883
Operating (loss)/income	(289)	74
Interest and dividend income	326	227
Gain on disposition of unconsolidated affiliated entity		741
Interest expense	(193)	(33)
Other (expense)/income, net	(27)	5
Income from investments in unconsolidated affiliated entities	54	47
Net (loss)/income	(129)	1,061
Less: net (loss)/income attributable to noncontrolling interests	11	(17)
Net (loss)/income attrubutable to Company's common shares	$ (118)	$ 1,044
Net (loss)/income per Company's common share, basic and diluted	$ (0.02)	$ 0.22
Weighted average number of common shares outstanding, basic and diluted	5,464	4,675