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Acquisition of Real Estate (Tables)
 3 Months Ended
Mar. 31, 2015
Business Combinations [Abstract]  
Schedule of Purchase Prices Allocations [Table Text Block]
The following table summarizes the assets acquired at the acquisition date. The amounts listed below reflect provisional amounts that will be updated as information becomes available (amounts in thousands): 
  
 
 
Preliminary Purchase Price Allocation
 
Land
 
$
7,240
 
Building
 
 
47,641
 
Building improvements
 
 
6,292
 
Land improvements
 
 
2,386
 
Furniture and fixtures
 
 
1,204
 
In-place leases
 
 
1,237
 
Total assets acquired
 
$
66,000
 
Business Acquisition, Pro Forma Information [Table Text Block]
The pro-forma information presented below represents the change in consolidated revenue and earnings as if the Company's significant acquisitions of Village Green of Ann Arbor, North Park Towers, Lansbrook Village, ARIUM Grande Lakes, and Fox Hill, (collectively the "Recent Acquisitions"), had occurred on January 1, 2014 (amounts in thousands, except per share amounts).
 
 
 
Three Months Ended March 31,
 
Three Months Ended March 31,
 
 
 
2015
 
2014
 
 
 
As Reported
 
Pro-Forma
Adjustments
 
Pro-Forma
 
As Reported
 
Pro-Forma
Adjustments
 
Pro-Forma
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
9,036
 
$
936
 
$
9,972
 
$
3,226
 
$
6,314
 
$
9,540
 
Net income (loss)
 
$
9,347
 
$
433
 
$
9,780
 
$
(1,188)
 
$
(1,170)
 
$
(2,358)
 
Net income (loss) attributable to BRG
 
$
3,313
 
$
412
 
$
3,725
 
$
(1,047)
 
$
(1,076)
 
$
(2,123)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per share, basic and diluted
 
$
0.26
 
 
 
 
$
0.30
 
$
(0.99)
 
 
 
 
$
(2.00)
 
 
(1) Pro-forma earnings per share, both basic and diluted, are calculated based on the net income (loss) attributable to BRG.