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Stockholders' Equity (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
Net income (loss) from continuing operations attributable to common stockholders $ 3,313us-gaap_IncomeLossFromContinuingOperations $ (1,111)us-gaap_IncomeLossFromContinuingOperations
Dividends on restricted stock expected to vest (2)us-gaap_RestrictedStockAwardForfeituresDividends (2)us-gaap_RestrictedStockAwardForfeituresDividends
Basic net income (loss) from continuing operations attributable to common stockholders 3,311us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (1,113)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic net income from discontinued operations attributable to common stockholders $ 0cik0001442626_NetIncomeLossAvailableFromDiscontinuedOperationsToCommonStockholdersBasic $ 64cik0001442626_NetIncomeLossAvailableFromDiscontinuedOperationsToCommonStockholdersBasic
Weighted average common shares outstanding (in shares) 12,547,895us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1],[2] 1,060,889us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1],[2]
Potential dilutive shares (in shares) 0us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment [3] 0us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment [3]
Weighted average common shares outstanding and potential dilutive shares (in shares) 12,547,895us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted [2] 1,060,889us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted [2]
Basic loss from continuing operations per share $ 0.26us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ (1.05)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1]
Basic income (loss) from discontinued operations per share $ 0.00us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare [1] $ 0.06us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare [1]
Income (loss) per common share, basic $ 0.26us-gaap_EarningsPerShareBasic [1] $ (0.99)us-gaap_EarningsPerShareBasic [1]
Diluted loss from continuing operations per share $ 0.26us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ (1.05)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1]
Diluted income (loss) from discontinued operations per share $ 0.00us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare [1] $ 0.06us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare [1]
Income (loss) per common share, diluted $ 0.26us-gaap_EarningsPerShareDiluted [1] $ (0.99)us-gaap_EarningsPerShareDiluted [1]
[1] Share and per share amounts have been restated to reflect the effects of two reverse stock splits of the Company’s Class B common stock, which occurred during the first quarter of 2014. See Note 1, "Organization and Nature of Business" and Note 11, "Stockholders' Equity" for further discussion.
[2] For 2015, amounts relate to shares of the Company’s Class A, B-1, B-2, B-3 common stock and LTIP Units outstanding. For 2014, amounts relate to Class B-1, B-2 and B-3 common shares outstanding.
[3] Excludes 3,956 and 6,468 shares of Class B common stock, for the three months ended March 31, 2015 and 2014, related to non-vested restricted stock, as the effect would be anti-dilutive. Also excludes 282,759 OP Units for the three months ended March 31, 2015 as the effect would be anti-dilutive.