CONSOLIDATED BALANCE SHEETS (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Real estate investments, at cost:
Land	$ 13,996	$ 11,243
Buildings, fixtures and improvements	57,498	50,051
Acquired intangible lease assets	7,421	6,321
Total real estate investments, at cost	78,915	67,615
Less accumulated depreciation and amortization	(2,606)	(1,042)
Total real estate investments, net	76,309	66,573
Cash and cash equivalents	2,725	349
Restricted cash	885	760
Due from affiliates, net	121	324
Prepaid expenses and other assets	1,728	652
Deferred financing costs, net	1,327	1,248
Total assets	83,095	69,906
LIABILITIES AND EQUITY
Mortgage notes payable	41,492	35,385
Notes payable	5,933	5,933
Below-market lease liabilities, net	1,162	1,288
Accounts payable and accrued expenses	2,454	2,842
Deferred rent and other liabilities	157	202
Distributions payable	196	131
Total liabilities	51,394	45,781
Common stock, $0.01 par value; 240,000,000 shares authorized, 1,659,936 and 327,499 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	17	3
Additional paid-in capital	23,828	13,789
Accumulated deficit	(4,704)	(2,578)
Total stockholders' equity	19,161	11,234
Non-controlling interests	12,540	12,891
Total equity	31,701	24,125
Total liabilities and equity	83,095	69,906
Preferred stock
LIABILITIES AND EQUITY
Preferred stock, value
Convertible preferred stock
LIABILITIES AND EQUITY
Preferred stock, value	$ 20	$ 20