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Notes Payable	6 Months Ended
Notes Payable	Jun. 30, 2012
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTES PAYABLE As of June 30, 2012, the Company had $22.4 million, of debt outstanding with a weighted average remaining term of 4.6 years and a weighted average interest rate of 4.62%. During the six months ended June 30, 2012, the Company entered into two mortgage notes payable totaling $4.4 million, which are secured by the 2012 Acquisitions. Each of the mortgage notes payable bears interest at a fixed rate of 4.50%, matures on June 1, 2019 and is secured by the respective property on which the debt was placed. During the six months ended June 30, 2012 , the Company repaid in full, without premium or penalty, the remaining $4.7 million outstanding balance of a subordinate loan with Series C, LLC, an affiliate of the Company’s advisor.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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