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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net loss attributable to stockholders $ (6,339,000) $ (3,419,000) $ (1,762,000)
Adjustments to reconcile net loss attributable to stockholders to net cash provided by operating activities:      
Depreciation 6,368,000 2,609,000 500,000
Amortization of intangibles assets 1,729,000 1,434,000 540,000
Amortization of deferred financing costs 889,000 502,000 80,000
Accretion of below-market lease liabilities and amortization of above-market lease assets, net (433,000) (239,000) (75,000)
Net loss (income) attributable to non-controlling interests (33,000) 154,000 (109,000)
Share-based compensation 180,000 218,000 5,000
Loss on derivative instrument 14,000 3,000 0
Contribution from Non-Controlling Interest Holder in Lieu of Acquisition Fees 100,000 0 0
Changes in assets and liabilities:      
Prepaid expenses and other assets (3,320,000) (1,160,000) (652,000)
Accounts payable and accrued expenses 3,236,000 136,000 394,000
Due from affiliated entities   0 (357,000)
Deferred rent and other liabilities 639,000 25,000 202,000
Net cash provided by (used in) operating activities 3,030,000 263,000 (1,234,000)
Cash flows from investing activities:      
Investment in real estate and other assets (144,750,000) (25,276,000) (30,729,000)
Capital expenditures (1,003,000) (460,000) 0
Net cash used in investing activities (145,753,000) (25,736,000) (30,729,000)
Cash flows from financing activities:      
Proceeds from notes payable   0 8,900,000
Payments on notes payable (5,933,000) 0 (2,967,000)
Proceeds from mortgage notes payable 31,565,000 21,300,000 0
Payments on mortgage notes payable (434,000) (14,085,000) (136,000)
Proceeds from revolving credit facility 48,495,000 0 0
Payments on revolving credit facility (28,500,000) 0 0
Proceeds from issuance of common stock 127,962,000 42,545,000 2,875,000
Repurchases of common stock (424,000) 0 0
Proceeds from issuance of convertible preferred stock, net   0 16,954,000
Payments of offering costs and fees related to stock issuances (13,618,000) (10,050,000) (3,655,000)
Payments of deferred financing costs (4,582,000) (1,992,000) (1,328,000)
Distributions paid (3,445,000) (2,025,000) (684,000)
Payments to affiliate 33,000 (19,000) 113,000
Distributions to non-controlling interest holders (481,000) (909,000) 0
Contributions from non-controlling interest holders 0 0 13,000,000
Payments to non-controlling interest holder (12,000,000) 0 0
Restricted cash (783,000) 581,000 (760,000)
Net cash provided by financing activities 137,855,000 35,346,000 32,312,000
Net (decrease) increase in cash and cash equivalents (4,868,000) 9,873,000 349,000
Cash and cash equivalents, beginning of period 10,222,000 349,000 0
Cash and cash equivalents, end of period 5,354,000 10,222,000 349,000
Supplemental Disclosures:      
Cash paid for interest 4,016,000 2,541,000 788,000
Cash paid for income taxes 15,000 12,000   
Non-Cash Investing and Financing Activities:      
Mortgage notes payable used to acquire investments in real estate 79,188,000 32,650,000 21,300,000
Liabilities assumed in acquisition of real estate 4,760,000 0 0
Non-controlling interest issued to seller 380,000 0 0
Debt assumed in real estate acquisitions 0 0 14,221,000
Conversion of preferred stock to common stock   16,954,000  
Common stock issued through distribution reinvestment plan     0
Reclassification of offering costs 0 0 954,000
Preferred stock
     
Non-Cash Investing and Financing Activities:      
Common stock issued through distribution reinvestment plan $ 3,258,000 $ 419,000