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Net Loss Per Share (Tables)
 12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the basic and diluted net loss per share computation for the years ended December 31, 2012, 2011 and 2010:
 
 
Years Ended December 31,
(In thousands, except share and per share data)
 
2012
 
2011
 
2010
Net loss attributable to stockholders
 
$
(6,339
)
 
$
(3,419
)
 
$
(1,762
)
Less: distributions declared on Preferred Shares
 
—

 
(1,354
)
 
(804
)
Net loss available to stockholders
 
$
(6,339
)
 
$
(4,773
)
 
$
(2,566
)
Weighted average common shares outstanding
 
12,187,623

 
2,070,184

 
36,108

Net loss per share available to stockholders, basic and diluted
 
$
(0.52
)
 
$
(2.31
)
 
$
(71.06
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following common stock equivalents as of December 31, 2012, 2011 and 2010, were excluded from diluted loss per share computations as their effect would have been antidilutive for the years ended December 31, 2012, 2011 and 2010:
 
 
December 31,
 
 
2012
 
2011
 
2010
Unvested restricted stock
 
19,800

 
13,800

 
9,000

Preferred Shares
 
—

 
—

 
1,966,376

OP units
 
200

 
200

 
200

Class B units
 
43,968

 
—

 
—

Total common share equivalents
 
63,968

 
14,000

 
1,975,576