Subsequent Events

12 Months Ended

Dec. 31, 2012

Financings

In January 2013, the Company repaid in full the mezzanine mortgage notes payable of $2.4 million and $10.0 million secured by properties located at 256 West 38th Street and 229 West 36th Street, respectively.

Sales of Common Stock

As of February 28, 2013, the Company had 23,912,912 shares of common stock outstanding, including converted Preferred Shares, unvested restricted shares and shares issued under the DRIP. As of February 28, 2013, the aggregate value of all share issuances was $238.6 million based on a per share value of $10.00 (or $9.50 per share for shares issued under the DRIP).

Capital received, including shares issued under the DRIP and net of repurchases of common stock, is as follows:



Source of Capital (In thousands)	Inception to December 31, 2012		January 1, 2013 to February 28, 2013		Total
Common stock	$	177,856	$	39,515	$	217,371
Converted preferred stock	16,954		—		16,954
Contributions from non-controlling interest holders, net of redemptions	1,000		—		1,000
	$	195,810	$	39,515	$	235,325