Consolidated Balance Sheets (USD $)	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 4,181,726	$ 5,429,440
Restricted cash	2,141,986	1,879,865
Due from affiliates, net		459,521
Real estate:
Land	42,797,019	27,003,796
Building and improvements	176,082,342	110,929,358
Tenant origination and absorption cost	53,294,720	34,400,671
Total real estate	272,174,081	172,333,825
Less: accumulated depreciation and amortization	(13,645,685)	(9,471,264)
Total real estate, net	258,528,396	162,862,561
Above market leases, net	6,942,672	1,515,938
Deferred rent	2,070,398	1,483,686
Deferred financing costs, net	1,499,851	1,012,677
Prepaid expenses and other assets	556,966	1,301,414
Total assets	275,921,995	175,945,102
Debt:
Mortgage payable, plus unamortized premium of $521,754 and $357,815, respectively	66,512,975	60,032,962
Credit Facility	95,880,000	35,395,985
Mezzanine Loan	4,500,000
Bridge Loan	6,200,000
Total debt	173,092,975	95,428,947
Restricted reserves	1,018,168	761,047
Accounts payable and other liabilities	2,229,926	1,238,340
Distributions payable	489,678	412,221
Due to affiliates, net	536,180
Below market leases, net	8,844,575	9,289,407
Total liabilities	186,211,502	107,129,962
Commitments and contingencies (Note 7)
Noncontrolling interests subject to redemption, 531,000 units eligible towards redemption as of June 30, 2012 and December 31, 2011	4,886,686	4,886,686
Common stock subject to redemption	2,075,740	1,070,490
Stockholders' equity:
Preferred Stock, $0.001 par value; 200,000,000 shares authorized; no shares outstanding, as of June 30, 2012 and December 31, 2011
Common Stock, $0.001 par value; 700,000,000 shares authorized; 9,001,105 and 5,667,551 shares outstanding, as of June 30, 2012 and December 31, 2011, respectively	89,891	56,611
Additional paid-in capital	75,756,007	47,872,560
Cumulative distributions	(5,498,486)	(3,085,438)
Accumulated deficit	(6,643,081)	(3,772,346)
Total stockholders' equity	63,704,331	41,071,387
Noncontrolling interests	19,043,736	21,786,577
Total equity	82,748,067	62,857,964
Total liabilities and equity	$ 275,921,995	$ 175,945,102