CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Real estate investments, at cost:
Land	$ 18,439	$ 18,439
Buildings, fixtures and improvements	115,218	96,596
Acquired intangible lease assets	12,765	10,591
Total real estate investments, at cost	146,422	125,626
Less accumulated depreciation and amortization	(5,594)	(4,175)
Total real estate investments, net	140,828	121,451
Cash and cash equivalents	6,423	10,222
Restricted cash	445	179
Due from affiliates, net	5,399	358
Prepaid expenses and other assets	2,465	1,856
Deferred costs, net	3,517	2,898
Total assets	159,077	136,964
LIABILITIES AND EQUITY
Mortgage notes payable	75,143	75,250
Notes payable	5,933	5,933
Below-market lease liabilities, net	1,506	1,579
Derivative, at fair value	203	204
Accounts payable and accrued expenses	3,043	2,293
Deferred rent and other liabilities	370	227
Distributions payable	435	287
Total liabilities	86,633	85,773
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	88	67
Additional paid-in capital	70,975	47,786
Accumulated other comprehensive loss	(199)	(201)
Accumulated deficit	(10,354)	(8,597)
Total stockholders' equity	60,510	39,055
Non-controlling interests	11,934	12,136
Total equity	72,444	51,191
Total liabilities and equity	159,077	136,964
Preferred stock
LIABILITIES AND EQUITY
Preferred stock, value	0	0
Convertible preferred stock
LIABILITIES AND EQUITY
Preferred stock, value	$ 0