CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		12 Months Ended
	Dec. 31, 2009		Dec. 31, 2011	Dec. 31, 2010
Revenues:
Rental income			$ 6,891	$ 2,087
Operating expense reimbursement			644	290
Total revenues	0		7,535	2,377
Operating expenses:
Property operating			1,039	672
Operating fees to affiliates
Acquisition and transaction related			1,586	1,424
General and administrative	1		220	43
Depreciation and amortization			4,043	1,040
Total operating expenses	1		6,888	3,179
Operating income	(1)		647	(802)
Other income (expenses):
Interest expense			(3,910)	(1,070)
Interest income			1	1
Loss on derivative instrument			(3)
Total other expenses	0		(3,912)	(1,069)
Net loss	(1)		(3,265)	(1,871)
Net loss (income) attributable to non-controlling interests			(154)	109
Net loss attributable to stockholders	$ (1)		$ (3,419)	$ (1,762)
Basic and diluted weighted average common shares outstanding	4,219		2,070,184	36,108
Basic and diluted net loss per share attributable to stockholders		[1]	$ (2.31)	$ (71.06)

[1] NM – not meaningful