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Concentrations of Credit Risk
3 Months Ended
Mar. 31, 2013
Concentrations of Credit Risk  
Concentrations of Credit Risk

11. Concentrations of Credit Risk

 

Concentrations of credit risk arise when a number of tenants related to the Company’s investments or rental operations are engaged in similar business activities, are located in the same geographic region, or have similar economic features that would cause their inability to meet contractual obligations, including those to the Company, to be similarly affected. The Company regularly monitors its tenant base to assess potential concentrations of credit risk. Management believes the current credit risk portfolio is reasonably well diversified and does not contain any unusual concentration of credit risk. No single tenant accounted for more than 10% of rental income for the three months ended March 31, 2013 and March 31, 2012.