Common Stock	9 Months Ended
Sep. 30, 2011
Common Stock	Common Stock On September 2, 2010, the Company’s IPO became effective. As of September 30, 2011 and December 31, 2010, the Company had 3.0 million and 0.3 million shares of common stock outstanding for gross proceeds of $28.8 million and $3.1 million, respectively. In September 2010, the Company’s board of directors declared a distribution rate equal to a 6.05% annualized rate based on the common share price of $10.00, commencing December 1, 2010. The distributions are paid by the 5th day following each month end to stockholders of record at the close of business each day during the prior month at a per share rate of $0.00165753424 per day.

Common Stock

On September 2, 2010, the Company’s IPO became effective. As of September 30, 2011 and December 31, 2010, the Company had 3.0 million and 0.3 million shares of common stock outstanding for gross proceeds of $28.8 million and $3.1 million, respectively.

In September 2010, the Company’s board of directors declared a distribution rate equal to a 6.05% annualized rate based on the common share price of $10.00, commencing December 1, 2010. The distributions are paid by the 5th day following each month end to stockholders of record at the close of business each day during the prior month at a per share rate of $0.00165753424 per day.