CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenues:
Rental income	$ 14,519	$ 6,891	$ 2,087
Operating expense reimbursements	903	644	290
Total revenues	15,422	7,535	2,377
Operating expenses:
Property operating	2,398	1,039	672
Operating fees to affiliates	0	0	0
Acquisition and transaction related	6,066	1,586	1,424
General and administrative	226	220	43
Depreciation and amortization	8,097	4,043	1,040
Total operating expenses	16,787	6,888	3,179
Operating income (loss)	(1,365)	647	(802)
Other income (expenses):
Interest expense	(4,994)	(3,910)	(1,070)
Interest income	1	1	1
Loss on derivative instruments	(14)	(3)	0
Total other expenses	(5,007)	(3,912)	(1,069)
Net loss	(6,372)	(3,265)	(1,871)
Net loss (income) attributable to non-controlling interests	33	(154)	109
Net loss attributable to stockholders	(6,339)	(3,419)	(1,762)
Other comprehensive loss:
Designated derivatives, fair value adjustment	(1,492)	(201)	0
Comprehensive loss	$ (7,831)	$ (3,620)	$ (1,762)
Basic and diluted weighted average common shares outstanding	12,187,623	2,070,184	36,108
Basic and diluted net loss per share available to stockholders	$ (0.52)	$ (2.31)	$ (71.06)