CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Revenues:
Rental income	$ 49,532	$ 14,519	$ 6,891
Operating expense reimbursements and other revenue	6,355	903	644
Total revenues	55,887	15,422	7,535
Operating expenses:
Property operating	14,918	2,398	1,039
Operating fees to affiliates	0	0	0
Acquisition and transaction related, net	17,417	6,066	1,586
General and administrative	1,019	226	220
Depreciation and amortization	33,912	8,097	4,043
Total operating expenses	67,266	16,787	6,888
Operating income (loss)	(11,379)	(1,365)	647
Other income (expenses):
Interest expense	(10,673)	(4,994)	(3,910)
Income from unconsolidated joint venture	2,066	0	0
Income from preferred equity investment and investment securities	649	0	0
Interest income	21	1	1
Gain (loss) on derivative instruments	5	(14)	(3)
Total other expenses	(7,932)	(5,007)	(3,912)
Net loss	(19,311)	(6,372)	(3,265)
Net loss (income) attributable to non-controlling interests	32	33	(154)
Net loss attributable to stockholders	(19,279)	(6,339)	(3,419)
Other comprehensive income (loss):
Designated derivatives, fair value adjustment	1,320	(1,492)	(201)
Unrealized loss on investment securities	(240)	0	0
Comprehensive loss attributable to stockholders	$ (18,199)	$ (7,831)	$ (3,620)
Basic and diluted net loss per share available to stockholders	$ (0.26)	$ (0.52)	$ (2.31)