CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Real estate investments, at cost:
Land	$ 18,439	$ 11,243
Buildings, fixtures and improvements	96,596	50,051
Acquired intangible lease assets	10,591	6,321
Total real estate investments, at cost	125,626	67,615
Less accumulated depreciation and amortization	(4,175)	(1,042)
Total real estate investments, net	121,451	66,573
Cash and cash equivalents	10,222	349
Restricted cash	179	760
Due from affiliates, net	358	324
Prepaid expenses and other assets	1,856	652
Deferred costs, net	2,898	1,248
Total assets	136,964	69,906
LIABILITIES AND EQUITY
Mortgage notes payable	75,250	35,385
Notes payable	5,933	5,933
Below-market lease liabilities, net	1,579	1,288
Derivative, at fair value	204
Accounts payable and accrued expenses	2,293	2,842
Deferred rent and other liabilities	227	202
Distributions payable	287	131
Total liabilities	85,773	45,781
Common stock, $0.01 par value; 240,000,000 shares authorized, 6,658,903 and 327,499 shares issued and outstanding December 31, 2011 and 2010, respectively	67	3
Additional paid-in capital	47,786	13,789
Accumulated other comprehensive loss	(201)
Accumulated deficit	(8,597)	(2,578)
Total stockholders' equity	39,055	11,234
Non-controlling interests	12,136	12,891
Total equity	51,191	24,125
Total liabilities and equity	136,964	69,906
Preferred stock
LIABILITIES AND EQUITY
Preferred stock, value	0	0
Convertible preferred stock
LIABILITIES AND EQUITY
Preferred stock, value	$ 0	$ 20