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Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Summary Of Significant Accounting Policies [Line Items]        
Buildings, Useful Life 40 years 0 months 0 days      
Land Improvements, Useful Life 15 years 0 months 0 days      
Investments in unconsolidated joint ventures $ 234,774,000 $ 0    
Cash and cash equivalents 233,377,000 5,354,000 10,222,000 349,000
Cash in excess of FDIC limit 228,800,000 3,300,000    
Stock Repurchase Program, Annual Authorized Amount as a Percentage of Weighted Average Shares Outstanding at the End of Prior Year 5.00%      
Stock Repurchase Program, Quarterly Authorized Amount as a Percentage of Weighted Average Shares Outstanding at the end of Prior Year 1.25%      
Deferred Tax Assets, Net of Valuation Allowance 200,000      
Deferred Tax Assets, Gross 200,000      
Operating Loss Carryforwards $ 400,000      
Minimum [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Fixtures, Useful life 5 years 0 months 0 days      
Lease Up Period 6 months      
Real Estate Property, Weighted Average Remaining Lease Term 1 year      
Minimum [Member] | One Year [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program $ 9.25      
Minimum [Member] | Two Years [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program $ 9.50      
Minimum [Member] | Three Years [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program $ 9.75      
Minimum [Member] | Four Years [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program $ 10.00      
Maximum [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Fixtures, Useful life 15 years 0 months 0 days      
Lease Up Period 12 months      
Real Estate Property, Weighted Average Remaining Lease Term 29 years      
Liability for Initial Public Offering Costs, Percentage of Gross Proceeds 1.50%      
Liability for Gross Initial Public Offering Costs, Percentage of Gross Proceeds 11.50%      
Maximum [Member] | One Year [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 92.50%      
Maximum [Member] | Two Years [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 95.00%      
Maximum [Member] | Three Years [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 97.50%      
Maximum [Member] | Four Years [Member]
       
Summary Of Significant Accounting Policies [Line Items]        
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 100.00%