CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Rental and other revenues from real estate properties	$ 22,637	$ 19,778	$ 66,866	$ 57,375
Other income	608	12	2,641	64
Total revenues	23,245	19,790	69,507	57,439
Expenses:
Real estate operating expenses - including $531 and $353 to related parties for the three months ended and $1,336 and $1,065 for the nine months ended	10,944	10,022	32,052	28,602
Interest expense - including $86 to related party for the nine months ended June 30, 2016	6,014	4,855	17,594	14,354
Advisor’s fees, related party	0	612	693	1,801
Property acquisition costs - including $892 and $276 to related parties for the three months ended and $1,331 and $276 for the nine months ended	1,408	0	2,418	295
General and administrative - including $47 and $57 to related party for the three months ended and $134 and $184 for the nine months ended	2,373	1,654	6,402	5,047
Depreciation	5,871	4,453	16,487	12,655
Total expenses	26,610	21,596	75,646	62,754
Total revenue less total expenses	(3,365)	(1,806)	(6,139)	(5,315)
Gain on sale of real estate	10,263	0	35,098	2,777
Gain on sale of partnership interest	386	0	386	0
Loss on extinguishment of debt	0	0	(2,668)	0
Income (loss) from continuing operations	7,284	(1,806)	26,677	(2,538)
Discontinued operations:
Loss from discontinued operations	0	(1,702)	(2,788)	(4,883)
Gain on sale of partnership interest	0	0	15,467	0
(Loss) income from discontinued operations	0	(1,702)	12,679	(4,883)
Net income (loss)	7,284	(3,508)	39,356	(7,421)
Net (income) loss attributable to non-controlling interests	(1,804)	930	(10,974)	1,597
Net income (loss) attributable to common shareholders	$ 5,480	$ (2,578)	$ 28,382	$ (5,824)
Basic and diluted per share amounts attributable to common shareholders:
Income (loss) from continuing operations (in dollars per share)	$ 0.39	$ (0.13)	$ 1.00	$ (0.29)
(Loss) income from discontinued operations (in dollars per share)	0.00	(0.05)	1.02	(0.12)
Basic and diluted earnings (loss) (in dollars per share)	$ 0.39	$ (0.18)	$ 2.02	$ (0.41)
Income (loss) from continuing operations	$ 5,480	$ (1,883)	$ 14,044	$ (4,069)
Income (loss) from discontinued operations	$ 0	$ (695)	$ 14,338	$ (1,755)
Weighted average number of common shares outstanding:
Basic and diluted (in shares)	13,932,515	14,101,056	14,055,436	14,144,236